Trade Spend Analyst

Aston CarterLombard, IL
1d$31 - $31Hybrid

About The Position

As a Trade Spend Analyst, you will be responsible for the administration of incoming data sources for trade spend deductions, ensuring alignment with trade programs for approval. You will manage the processing of deductions, prepare various upload files for bill-backs in Blacksmith, and maintain all deductions in the Blacksmith Deduction Management system. Your role will involve collaboration with accounts receivable, customers, brokers, and Business Development Managers to validate customer trade payment deductions and resolve trade spending issues to ensure accuracy.

Requirements

  • Bachelor’s degree in accounting or finance or at least five years of relevant experience.
  • Proficiency in Excel, including VLOOKUP, pivot tables, and formula development.
  • 2+ years of experience in Deductions or Trade Spend

Responsibilities

  • Administer incoming data sources for trade spend deductions and align back-up documents with trade programs for approval.
  • Prepare upload files for bill-backs in Blacksmith and maintain deductions in the Blacksmith Deduction Management system.
  • Collaborate with accounts receivable, customers, brokers, and Business Development Managers to validate customer trade payment deductions.
  • Resolve trade spending issues and ensure accuracy in programs, accruals, and settlements.
  • Create billbacks in Blacksmith to capture customer claims and validate deductions against entered trade programs.
  • Document and analyze invalid customer deductions and work with relevant parties to collect invalid deductions.
  • Track and record customer repayments accurately.
  • Maintain deduction balance within monthly targets and manage aging profile.
  • Provide guidance to the Sales team regarding proper program setup in Blacksmith.
  • Assist in designing, building, and maintaining Excel models for large buying group rebate claims.
  • Create AP bill-backs in Blacksmith and review claims for proper disposition.
  • Investigate unauthorized claim amounts and ensure program information in Blacksmith is accurate.

Benefits

  • Medical, dental & vision
  • Critical Illness, Accident, and Hospital
  • 401(k) Retirement Plan – Pre-tax and Roth post-tax contributions available
  • Life Insurance (Voluntary Life & AD&D for the employee and dependents)
  • Short and long-term disability
  • Health Spending Account (HSA)
  • Transportation benefits
  • Employee Assistance Program
  • Time Off/Leave (PTO, Vacation or Sick Leave)

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Number of Employees

1,001-5,000 employees

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