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Trade Deduction Specialist

3 weeks ago

Mississauga, Canada Cerelia Bakery Canada LP Full time

**Company Profile**

Cérélia North America is headquartered in Toronto, Ontario (Canada), which was incorporated in 1983. Cérélia’s key businesses are food manufacturing of cookies, rolled dough and pancakes/waffles for retail, food services and brands. Cerelia North America employs approximately 900 associates.

The activities of Cerelia North America are split over 3 different locations:

- Toronto, Ontario (CA): 2 factories and 1 distribution Center (cookies)
- Columbus, Ohio (USA): 1 factory (cookies & rolled dough)
- Liberty, South Carolina (USA): 1 factory (pancakes & waffles)

Cérélia Group currently operates 12 production plants globally with approximately 2,500 associates throughout Europe, North America, and Asia. Products are sold in 50 countries with current sales of ~$550 million Euros (CA$800 million). Cerelia’s business model is the combination of quality, innovation, and cost efficiency. Cerelia has invested more than CA$100M in new factories and production lines in North America.

At the core of Cérélia’s strategy, our corporate responsibility focus points include the reduction of our environmental footprint, a responsible sourcing policy, the improvement of the nutritional profile of our products, and finally the development & engagement of our associates. Visit our annual report here

Cerelia expects and supports its associates to demonstrate the following core values:

- Entrepreneurial Spirt: “Every day is an opportunity”
- Together with Cerelia: “Building our success together”
- Commitment: “Positive energy in everything we do”
**Company Offering**
Our ambition is to become the world leading partner for dough solutions, empowering consumers to create happy home-baking moments.

Cérélia offers a wide range of baked cookies, cookie dough, pizza dough, pie crust, puff pastry, pancakes, frozen waffles and breakfast sandwiches; commercialized under our clients’ brands, both retailers, food services and industrial companies, as well as under its own brands: English Bay Bakery, JusRol, and Pop Bakery.
**Company Strategy**
Cérélia North America’s strategy is articulated around 4 axes, aiming to improving its performance and seizing future growth opportunities, while embracing the company’s heritage and distinctive strengths:

- Create a solid base: doing well what we do today, increase customer satisfaction and profitability
- Drive innovation around our 3 product platforms: cookies, rolled dough and pancakes / waffles
- Enhance our capabilities & talent: implementing new systems, developing a broader industrial footprint, and investing in our talent
- Accelerate growth, through organic growth, strategic partnerships, and acquisitions

In 2020, we reset and refocused the business around the Toronto facilities for cookies, while adding rolled dough products with an excellent reputation and distribution across the US retailers, to our portfolio.

In March 2021, US Waffle, leader in pancakes & waffles joined the Cerelia family; in June 2021, we opened a new, state-of-the art, 150,000 sqft factory in Columbus, Ohio.

Cérélia continues to strengthen the relationship with its strategic customers across multiple distribution channels: food service, in store bakeries, retailers, clubs, convenience stores, and industrial partners.
**The Position**

**Position Title** Trade Deduction Analyst
**Location** Mississauga, CAD**
**Reports to** AR Lead
**Direct Reports** None
**Position Summary**

As a Trade Deduction Analyst you will administer credit notes for customer deals, aid the Sales Department and the Credit department. Help identify, analyze and process all Sales spend.
**Key Responsibilities**
- Analyze and process customer deductions and manage all communications regarding all trade deductions
- Manage outstanding open deductions to ensure deductions are cleared with credits
- Consistent coordination and communication with the Sales team through daily interaction, 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 (“AR”) team to ensure deductions are properly applied to promotion accrual and follow-up with AR Specialists or Sales teams as required to ensure deductions are cleared appropriately on a timely basis
- Process credit notes in multiples subsidiaries associated to Sales spend.
- Assist in analysis of accruals and accounting for promotional trade spend with customers.
- Prepare monthly reports and reconciliations by customer and provide feedback to Management
- Understand and ensure policies and procedures are adhered to
- Meet month end close and project timelines
- 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 assi