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Trade Spend Analyst
Job Posting Category: Experienced Professionals (1+ years)
Career Level: Experienced (Non-Manager)
Industry: Packaged Goods
Job Category: Financial ,Accounting
Years Experience: 4-6 Years
Job Type: Full-time
Posting Date: July 04, 2022
Job Location:

Oakville, ON
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Job Description

Career Opportunity for Trade Spend Analyst

Iovate is a dynamic, leading-edge nutrition company that delivers some of the highest quality, most innovative and effective active nutrition and weight management products in the world. Each of our Brands are committed to biology, science, and their own culture to assist customers in reaching their goals.

Iovate – Commited to a higher standard

Accountabilities:

  • Monitoring and reviewing the entry, as well as analysis of accruals and accounting for promotional trade spend with customers, with responsibility for a portfolio of customers in support of a channel / market
  • Prepare monthly reports and reconciliations by customer and provide feedback to Management
  • Upload Trade spend promotions to the customer promotions management system, once they have been entered by Sales team, to ensure discounts are applied in timely manner to invoices or included in monthly accruals reporting.
  • Consistent coordination and communication with the Sales team through daily interaction, as well as Monthly P&L review meetings, to ensure all promotional activities for the period are captured and accounted for in the financial statements (completeness of trade spend).
  • Work with the Accounts Receivable (β€œAR”) team to ensure deductions are properly applied to promotion accrual and follow-up with AR Coordinator, Sales Analyst or Sales teams as required to ensure deductions are cleared appropriately on a timely basis
  • Understand and ensure policies and procedures are adhered to
  • Meet month end close and project timelines
  • Prepare, plan, and conduct validations on select deductions
  • Liaise with Sales and AR/Accounts Payable teams on issues and concerns
  • Assist with maintenance of customer pricing module within the accounting system
  • Assist to ensure pricing approval process is being followed and adhered to by the business
  • Assist to monitor price mismatch process and ensure pricing variances are resolved within the timeline required, working with Customer Service, MDM, Sales and Marketing
  • Provide process improvements within areas of responsibility and actively participate in new system implementations and upgrades planned
  • Provide ad hoc analysis
  • Perform special projects and information requests as assigned
  • Other role related duties as assigned

Experience & Skillset:

  • CPA designation or working towards completion required
  • Ability to meet tight timelines and work in a fast-paced environment
  • Strong verbal and written communication skills
  • Experience with system upgrades and implementations would be an asset
  • Strong interpersonal skills
  • Advanced level Excel skills
  • Strong understanding of financial statements
  • Detail oriented with strong analytical skills
  • Strong organization skills with the ability to prioritize
  • 3 - 5 years of experience within finance with 2 -3 years directly within trade spend would be an asset
  • Consumer Packaged Goods industry experience would be an asset
  • Experience working with large ERP and/or CRM applications would be an asset
  • High level of confidentiality and integrity

What We Offer:

  • World class gym, fitness classes and external basketball court
  • Community involvement through charitable events
  • Competitive compensation package
  • 100% Group Health & Dental Coverage
  • Employee Assistance Program
  • Company RRSP Matching
  • Paid vacation & 5 personal days
  • Employee Engagement Events
  • Product & Swag from our industry leading brands
  • Professional career development
  • Opportunities for Global career exposure without the need to relocate!

Culture:

Located in Oakville, Ontario, Canada we offer a dynamic, progressive, team based environment. We have on-site premium fitness facilities and encourage a healthy lifestyle. We also offer a comprehensive benefits package and the opportunity to grow with us. For further information please visit us at www.iovate.com.

Iovate Health Sciences international Inc. is an equal opportunity employer and is committed to ensuring an inclusive and accessible work environment. We are committed to meeting the needs of all applicants in a timely manner and will do so by meeting accessibility requirements under the Accessibility for Ontarians with Disabilities Act and the Human Rights Code. If you require accommodations to fully participate in the recruitment and selection process, please email the Iovate Human Resources team at accessibilities@iovate.com to make an accommodation request. Any information received relating to accommodations will be treated as confidential

We appreciate applicant interest in this position, however, due to the volume of submissions, the Iovate Human Resources team will only contact candidates selected for an interview.

No agency calls please


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