Financial Analyst- Deductions

Date: 16 May 2023

Location: Downers Grove, IL, US, 60515

Company: Glanbia

Financial Analyst, Deductions




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 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 Senior Manager, Finance Trade.  


  • 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 



The Skills you will bring to the team

  • Bachelor’s degree in Accounting or Finance is a plus
  • Previous experience gained in a similar position or Military equivalent
  • Must be extremely accurate and detail oriented in performing tasks and cross-checking work
  • Proficient in Microsoft Excel skills. Knowledge in SAP and Business Objects is a plus
  • Excellent oral and written communications skills


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 include location of position here withhybrid working arrangements available through ourSmart working modelwhich 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 acompetitive 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 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