Trade Deduction Analyst
3 days ago
Are you hungry to innovate? To do things differently? To work with a company that’s real, thoughtful and very forward-thinking?
Meet Riverside. We are an organic, “better for you” snack company, manufacturing award-winning, nutritious, allergen-free snacks. Your kids know us as MadeGood, tasty school-safe snacks. Your workout buddies grab GoodTo Go Keto certified bars. And your pup begs for a Cookie Pal treat, our human-grade, vegan dog treats.
At Riverside, we make delicious snacks that are good in every way. From our ingredients to our manufacturing practices, we’ve raised every bar on every aspect. We’re friendly and focused on creating foods that are good for you and good to the planet as well. Riverside Natural Foods is B-Corp certified, Triple-Bottom Line, Zero Waste, and Canadian owned and operated.
Come work with a new Canadian leader We value teamwork, humility, respect, ownership, adaptability, passion and fun.
We continue to grow and today are looking for a committed, talented, star to join our team as our **Trade Deduction Analyst.**
**Position Summary/Objective**:
As the Trade Deductions Analyst “TDA”, you will provide support to the Finance team, focusing primarily on reconciling customer trade spend accounts against customer agreements and promotional contracts.
The TDA plays a critical role in supporting the Finance department to ensure that all trade spend programs and documentation are reconciled, validated, and analyzed in a timely and accurate manner.
**Primary Responsibilities**:
- Live and uphold the company’s core values
- Building strong working relationships with Customer Finance and Sales teams, as well as the accounting and finance team to understand the trade spend forecast, deduction programs and their accounting impact
- Compile, review, code, and reconcile trade spend deductions from customer remittances (e.g. discounts, spoilage, penalties, MCB’s, advertising and promotion spend, demos, etc.)
- Obtain backup from customers for all deductions
- Analyze and verify customers debit claims
- Work with customers to dispute and obtain repayment for invalid claims
- Ensure trade validation accounts are reconciled in a timely manner
- Liaise with accounts receivable team to ensure approved deductions are booked to the appropriate promotional general ledger accounts
- Support the A/R team with clearing deductions in SAP, as required
- Ensure compliance to trade spend programs, and monitor for risks and opportunities
- Period-end close activities as related to trade spend
- Create and share trade related reports with commercial teams such as aged deductions, indirect retailer trade and deduction summaries
- Connect monthly with Account managers to review trade actuals and discrepancies against trade spend forecast
- Support special projects
- Other duties as assigned
**EDUCATION/EXPERIENCE/SKILLS**:
**Required**
- Post-secondary education in Business, Accounting, or a related field
- Related work experience, preferably in a manufacturing/CPG environment
- Experience with SAP or other ERP systems
- Strong computer skills, intermediate level or above for Microsoft Office Word, Excel and Outlook
- Familiarity with Trade Promotion Management (TPM) systems
- Strong attention to detail and ability to work with a high degree of accuracy
- Able to work efficiently and manage deadlines in a fast-paced business environment
- Excellent planning, organizing, multitasking and time management skills
- A collaborative approach to work and a high level of initiative and flexibility
- Excellent interpersonal and communication skills; good mathematical skills
- Strong understanding of business processes
**What We Offer**:
- MadeGood and GoodTo Go products at employee prices
- Health, Dental, and Vision benefits and Long-Term Disability insurance with all premiums paid by the company
- RSP matching
- Tuition Reimbursement Program
- Values-based leadership
- Fun activities such as Family Day at Canada’s Wonderland, Canada Day Celebration, Escape Room and more
**How to Apply**:
Riverside Natural Foods is committed to providing an inclusive and accessible environment for everyone. If you have a disability and require accommodation in the interview process, please let us know when you apply.
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