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Financial Analyst - Deductions

Date: Oct 5, 2021

Location: Downers Grove, IL, US, 60515

Company: Glanbia

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. A the Financial Analyst you 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 position reports to Finance Manager – Trade Spend.

 

Essential Functions

 

  • Assist on any Trade Spend Budgeting process
  • 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
  • Process Journal Entries for any deduction clearance and prepare trade accruals
  • 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
  • Upload Promotional codes within SAP
  • Provide ad-hoc deduction and trade spend reporting and analysis

Essential Qualifications

 

  • 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
  • Bachelor’s degree in Accounting or Finance is a plus

In addition, strong communication and positive attitude is required. The ideal candidate must have the ability to maintain a pleasant and professional demeanor at all times.

 

 

The Person

Beyond the above qualifications, candidates must possess the following personal attributes:

  • Organization and Multi-Tasking Skills.  We are obsessively thoughtful, every detail matters.  The position has primary responsibility for efficient organization. This person must be effective in working under deadlines, prioritizing issues and managing concurrent projects.

 

  • People Skills.  We are authentic and approachable. An ability to build positive, pleasant, and productive relationships with customers, partners and team members is essential.  Like our products, we are honest and real

 

  • Passion to Win. We are a passionate group of confident people, bold in our actions.  The Team is enthusiastic and committed to improving the health and lives of our consumers.  This enthusiasm and confidence fuels our competitive advantage.  Our energy is contagious…pass it on!

 

  • Positive, Fun and Optimistic Environment. We strive to create a hardworking, lively environment that is enjoyable and rewarding. Our Team is encouraged to be collaborative and bring his or her own unique personality and style. We are light hearted, fun and simply inviting…come on in!

 

 

At Glanbia, we celebrate diversity, because we know that our individual strengths make us stronger together. We welcome and encourage interest from a wide variety of candidates, and 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 will celebrate individuality, knowing that together we are more.


Nearest Major Market: Chicago