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Nestlé is the world’s largest food and beverage company. We have over 2000 brands ranging from global icons to local favourites and are present in 190 countries worldwide. In Canada, excelling means sharing our passion for our purpose of enhancing quality of life and contributing to a healthier future. It also means living up to our exemplary values which are rooted in respect for ourselves, others, diversity, and the future. We will support your personal growth with a people-focused culture and a flexible and diverse working environment. Join our team to support our purpose of unlocking the power of food to enhance quality of life for everyone, today and for generations to come.
Position Snapshot
Business areas: Nestle Canada Inc
Job title: Trade Deductions Analyst
Grade: 12
Location: Brampton, ON
Position Summary
Within this role you will be responsible to ensure high-quality trade spend forecasts, accruals and actuals. Your primary responsibilities include: timely and accurate processing of promotional settlements for customer and vendor payments, auditing Trade Insight inputs to ensure accuracy as well as creating and maintaining spreadsheets to support the creation of customer master and vendor data, and validating customer/vendor invoices to ensure authorized promotional spending.
A day in the life of a Trade Analyst:
Validate customers’ or vendors’ invoices against deal documents attached to promotions to ensure that promotional spending is authorized.
Match and clear deductions against the appropriate promotions in the trade promotions management (TPM) system.
Achieve CDT and/or customer deduction monthly targets.
Audit system inputs and advise Key Account Managers (KAM) to deliver appropriate status of trade promotions to drive accurate Trade Spend accrual.
Develop appropriate controls within customer team to satisfy audit requirements.
Communicate customers on outstanding unauthorized deductions. This includes understanding the process for requesting and collecting repayment of invalid deductions, identifying trends, and resolving issues that cause invalid deductions.
Identify and drive process improvement for reducing administrative costs by streamlining processes and reducing deduction volume
Provide insight to improve accuracy and efficiency of Trade Promotion Planning process within Customer Development Team (CDT).
Close monitoring of prior year accruals carried over into the current year to ensure timely settlement.
Ensure compliance with Nestle Accounting Standards.
Actively participate with internal and external stakeholders in dealing with, influencing, or motivating the accounts receivable collection and deduction resolution process.
Escalate any issues to the Sales Finance Manager (Co-Pilot) with a recommendation for resolution.
Follow-up and achieve timely resolution of any discrepancy with the KAM.
What will make you successful
Completion of University Degree in Finance or Business Administration
Self-starter with strong analytical skills, the ability to prioritize workflow and operate independently in a demanding, fast-paced environment.
Advanced Microsoft skills.
Strong written and verbal communication skills, with the ability to convey information in understandable terms at all levels of the organization.
Strong interpersonal skills as candidate is required to deal with people both individually and in groups to resolve conflicts.
Ability to work in a multi-task environment with multiple, and sometimes conflicting priorities and specific time constraints.
Working towards accounting designation would be an asset.
CPG experience in similar role would be an asset.
Knowledge/experience of working with Power BI and/or RPA (robotics automation) tools would be a distinct advantage
What you need to know
What can we offer in return? Great benefits you’d expect from a business the size of Nestle including a comprehensive total rewards benefits package including Health and Dental benefits that start on day one as well as a Company matched retirement savings plan, Excellent training and development programs as well as opportunities to grow within the company.
The closing date for applications is July 30, 2022. We will be considering applicants as they apply, so please don’t delay in submitting your application.
Please note: Education Verification, Reference Checks and Criminal Background Checks will be administered on suitably qualified candidates.
We thank you for your interest in this opportunity; however only those individuals selected for an interview will be contacted.
Nestlé is an equal opportunity employer committed to diversity and inclusion. If you are selected to participate in the recruitment process, please inform Human Resources of any accommodations you may require. Nestlé will work with you in an effort to ensure that you are able to fully participate in the process.
