M&A Senior Manager

Overview

Pepsi Co products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. Pepsi Co generated nearly $94 billion in net revenue in 2025, driven by a complementary beverage and convenient foods portfolio that includes Lay’s, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and Soda Stream. Pepsi Co’s product portfolio includes a wide range of enjoyable foods and drinks, including many iconic brands that generate more than $1 billion each in estimated annual retail sales.

Pepsi Co’s Corporate Mergers & Acquisitions team is responsible for generating, managing and executing mergers and acquisitions, minority investments, and strategic activities across all of Pepsi Co’s business units. This fast paced, collaborative team of M&A professionals focuses on the inorganic agenda of Pepsi Co’s global beverage and snack product portfolio, making a direct impact on the company’s future success. This role will be a rewarding opportunity for both personal and professional growth where you will have the unique opportunity to drive Pepsi Co’s inorganic agenda, solve complex strategic problems, and work with global cross‑functional teams in a fast‑paced and dynamic environment.

You will report to a Senior Director while having direct interaction with the Head of Corporate M&A, as well as other senior company executives, and participate in all stages of executing strategic transactions for Pepsi Co globally. This is a hybrid role based in our Purchase, NY office.

• Support Pepsi Co divisions' business leaders, senior corporate executives and strategy teams to screen, analyze and develop M&A strategy and pipeline
• Collaborate with business and functional teams to synthesize industry/category dynamics and all aspects of the business case development (strategic rationale, financial analyses) to evaluate opportunities
• Lead cross-functional team to execute a wide range of strategic activities, including, but not limited to, mergers, acquisitions, divestitures, joint ventures and minority investments
• Influence key decision makers to create internal alignment

• The expected compensation range for this position is between $123,500 - $206,750.
• Location, confirmed job‑related skills, experience, and education will be considered in setting actual starting salary. Your recruiter can share more about the specific salary range during the hiring process.
• Bonus based on performance and eligibility target payout is 15% of annual salary paid out annually.
• Paid time off subject to eligibility, including paid parental leave, vacation, sick, and bereavement.
• In addition to salary, Pepsi Co offers a comprehensive benefits package to support our employees and their families, subject to elections and eligibility:
  Medical, Dental, Vision, Disability, Health, and Dependent Care Reimbursement Accounts, Employee Assistance Program (EAP), Insurance (Accident, Group Legal, Life), Defined Contribution Retirement Plan.

• 5+ years of transaction execution experience either in corporate development / M&A department of a corporation, investment bank, private equity or similar financial services institution; or work within a management consulting firm’s M&A/Corporate development practice
• Ability to evaluate potential opportunities through the development of valuation models to reflect detailed business case assumptions with the flexibility to run scenarios / sensitivities
• Strong quantitative and analytical skills; effective verbal and written communication
• This position is limited to persons with indefinite right to work in the United States.

• MBA degree is highly preferred
• Food and/or beverage experience, or related consumer products background is preferred
• Ability to drive results on multiple projects in parallel
• Strategic thinker with intellectual curiosity; highly analytical and skilled at valuation methodologies and financial analysis
• Expertise in screening and analyzing potential opportunities for strategic fit and conducting business due diligence
• Strong ability to work collaboratively within…