Financial Analyst, Deductions

Glanbia is a better nutrition company focused on delivering better nutrition for every step of life’s journey. The Financial Analyst – Trade Spend position is responsible for clearing customer deductions, setting up promotional codes, and ensuring accurate booking of trade accruals while working closely with sales and customers.ResponsibilitiesClearing of all Customers’ DeductionsSet up Promotional codes within the SystemEnsure proper booking of all Trade Accruals month to monthReview and audit each deduction to ensure the amount deducted is valid and accurateWork within the Trade Spend teamInteract with Sales and Customers to clarify any deduction in questionCreate ad-hoc reporting to understand Actuals vs Budget costsEnsure accuracy of Pricing for all Customers at the item levelAssist on any Trade Spend Budgeting processMaintain trade accrual database to facilitate reporting of actual trade spend by customer and SKUAdminister and enforce deduction management policiesDetail review of customer deductions for accuracy to ensure each deduction is valid and supportedProcess Journal Entries for any deduction clearance and prepare trade accrualsDetail tracking of communication to customers and status of each deductionReporting of Deduction aging, and understand customers’ deductions trendsEnsure deductions are properly coded to the correct customers, brands, SKUProactively identify trends and assist in implementing processes to continuously improve accuracy and efficiency of deductions and to prevent invalid deductionsWork with customers and AR team to ensure backup is received timely and follow-up when additional information is neededHelp in the process for approving Promotional ActivitiesUpload Promotional codes within SAPProvide ad-hoc deduction and trade spend reporting and analysisSkillsDetail and process oriented individual with a clear understanding of how to review and audit each deduction to ensure the amount deducted is valid and accurateAssist on any Trade Spend Budgeting processMaintains trade accrual database to facilitate reporting of actual trade spend by customer and SKUAdminister and enforce deduction management policiesDetail review of customer deductions for accuracy to ensure each deduction is valid and supportedProcess Journal Entries for any deduction clearance and prepare trade accrualsDetail tracking of communication to customers and status of each deductionReporting of Deduction aging, and understand customers' deductions trendsEnsure deductions are properly coded to the correct customers, brands, SKUProactively identify trends and assist in implementing processes to continuously improve accuracy and efficiency of deductions and to prevent invalid deductionsWork with customers and AR team to ensure backup is received timely and follow-up when additional information is neededHelp in the process for approving Promotional ActivitiesUpload Promotional codes within SAPProvide ad-hoc deduction and trade spend reporting and analysisProficient in Microsoft Excel skillsKnowledge in SAP and Business Objects is a plusExcellent oral and written communications skillsAbility to quickly change priorities and handle competing prioritiesMust be extremely accurate and detail oriented in performing tasks and cross-checking workStrong organizational skills with demonstrated accuracy and attention to detailAbility to tactfully communicate with customers and sales team to resolve any invalid deductions or disputesBachelor's degree in Accounting or Finance is a plusStrong communication and positive attitude is requiredAbility to maintain a pleasant and professional demeanor at all timesBenefitsStaff discountsGenerous family leave policyHealth & dental planCompetitive salary401KCompany OverviewGlanbia is a global nutrition company focused on dairy and performance nutrition products. It was founded in 1964, and is headquartered in Kilkenny, Kilkenny, IRL, with a workforce of 5001-10000 employees. Its website is http://www.glanbia.com/.



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