Financial Analyst Deductions
Date: Aug 25, 2024
Location: Downers Grove, IL, US, 60515
Company: Glanbia
Financial Analyst – Trade Spend
Glanbia
Join this dynamic team focused on delivering better nutrition for every step of life’s journey
The Opportunity
The Financial Analyst – Trade Spend position will be responsible for the clearing of all Customers’ Deductions, set up Promotional codes within the System, and ensure proper booking of all Trade Accruals month to month. This role requires a detail and process oriented individual with a clear understanding of how to review and audit each deduction to ensure the amount deducted is valid and accurate. This position will work within the Trade Spend team, and interact with Sales and Customers to clarify any deduction in question. This person will create ad-hoc reporting to understand Actuals vs Budget costs, and ensures accuracy of Pricing for all Customers at the item level. This permanent position will report to the Sr. Finance Manager Trade.
- Maintains trade accrual database to facilitate reporting of actual trade spend by customer and SKU
- Administer and enforce deduction management policies
- Detail review of customer deductions for accuracy to ensure each deduction is valid and supported
- Detail tracking of communication to customers and status of each deduction
- Reporting of Deduction aging, and understand customers’ deductions trends
- Ensure deductions are properly coded to the correct customers, brands, SKU
- Proactively identify trends and assist in implementing processes to continuously improve accuracy and efficiency of deductions and to prevent invalid deductions
- Work with customers and AR team to ensure backup is received timely and follow-up when additional information is needed
- Help in the process for approving Promotional Activities and upload promotional codes within SAP
- Provide ad-hoc deduction and trade spend reporting and analysis
The Skills you will bring to the team
- Bachelor’s degree in Accounting or Finance is a plus
- Proficient in Microsoft Excel skills. Knowledge in SAP and Business Objects is a plus
- Excellent oral and written communications skills
- Ability to quickly change priorities and handle competing priorities
- Must be extremely accurate and detail oriented in performing tasks and cross-checking work
- Strong organizational skills with demonstrated accuracy and attention to detail
- Ability to tactfully communicate with customers and sales team to resolve any invalid deductions or disputes
If you think you have what it takes, but don't necessarily meet every single point on the job description, please apply!
Where and how you will work
The opportunity will be based in Downers Grove, IL with hybrid working arrangements available through our Smart working model which allows you a greater choice in how you work and live, giving you a better work-life balance.
What we would like to offer you!
The opportunity to develop your career on a global stage, continuous learning through an on-demand learning platform, and a competitive compensation package including staff discounts, generous family leave policy, health & dental plan, competitive salary, 401K.
About Glanbia
The Glanbia Group comprises three divisions: Glanbia Performance Nutrition, Glanbia Nutritional's, and Joint Ventures. Collectively and with our partners we offer an incredible breadth of expertise in nutrition. We employ a team of 6,000 people, work with global food and beverage companies, and sell our award-winning and market-leading products in 130 countries worldwide.
At Glanbia, we celebrate diversity, because we know that our individual strengths make us stronger together. We welcome and encourage interest from a variety of candidates, we will give your application consideration, without regard to race, color, religion, sex, sexual orientation, gender perception or identity, national origin, age, marital status, protected veteran status, or disability status.
At Glanbia, our culture celebrates individuality, knowing that together we are more.
Nearest Major Market: Chicago