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. Responsibilities - Clearing of all Customers’ Deductions - Set up Promotional codes within the System - Ensure proper booking of all Trade Accruals month to month - Review and audit each deduction to ensure the amount deducted is valid and accurate - Work within the Trade Spend team - Interact with Sales and Customers to clarify any deduction in question - Create ad-hoc reporting to understand Actuals vs Budget costs - Ensure accuracy of Pricing for all Customers at the item level - Assist on any Trade Spend Budgeting process - Maintain 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 Skills - 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 - 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 - 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 - Strong communication and positive attitude is required - Ability to maintain a pleasant and professional demeanor at all times Benefits - Staff discounts - Generous family leave policy - Health & dental plan - Competitive salary - 401K Company Overview - Glanbia 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/.