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.
Finance Data Analyst – Trade Deductions, Claims and Master Data
Are you passionate about making a difference in the workplace? Do you thrive in a fast-paced, innovative environment? Iovate Health Sciences International Inc. is looking for a dynamic and dedicated Finance Data Analyst to join our team!
Key Responsibilities:
- Review uploaded Trade spend promotions to the customer promotions management system, to ensure discounts are applied in a timely manner to invoices or included in monthly accruals and reporting
- Analysis of accruals and accounting for promotional trade spend
- Analysis, tracking and disputing Customer logistic claims accruals (Shortages and Compliance)
- Prepare Month End closing entries related to Trade spend, Shortages and Compliance Fees
- Prepare monthly reports and reconciliations by customer and provide feedback to Management
- Consistent coordination and communication with the Sales team through daily interaction, as well as Monthly review meetings, to ensure all promotional activities for the period are captured and accounted for in the financial statements (completeness of trade spend), and Balance Sheet accruals are reviewed
- Work with the Accounts Receivable (“AR”) team to ensure deductions are properly applied to promotion accruals and follow-up with AR Coordinator, Sales Analyst or Sales teams as required to ensure deductions are cleared appropriately on a timely basis
- Prepare, plan, and conduct validations on select deductions
- Set up and maintenance of both International and Domestic Customers and Vendors in Microsoft Dynamics 365
- Maintain data integrity, including tracking of data sources and ensuring data system requirements are met
- Understand and ensure role related policies and procedures are adhered to
- Assist in monitoring the price mismatch process and ensure pricing variances are resolved within the timeline required, working with Customer Service, OPS, AR, 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 and participate in special projects and information requests as assigned
- Other role related duties as assigned
Qualifications:
- CPA designation or working towards completion would be an asset
- Advanced level Excel skills
- Accounting background and accrual management 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
- Strong interpersonal 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 and Master Data 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!
Company Culture
Our Mission at Iovate is to inspire active lives through nutrition and wellness for a healthier tommorow. We pride ourselves on being collaborative, innovative, and employee-focused. We foster a fast-paced environment where every team member is valued. As an equal opportunity employer, we are committed to creating an accessible and inclusive workplace for all.
Ready to make an impact? Apply Now by sending your resume to careers@iovate.com and join our team at Iovate Health Sciences International Inc.!
Iovate Health Sciences International Inc. is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.