iovate health sciences Jobs

Trade Finance Analyst
Iovate Health Sciences International Inc. —Oakville, ON
- From $73,000 a year
- Full-time
- Hybrid work
- Microsoft Excel
- ERP systems
- Analysis skills
- Disability insurance
- Dental care
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Trade Finance Analyst
Iovate Health Sciences International Inc. —Oakville, ON
Each of our Brands are committed to biology, science, and their own culture to assist customers in reaching their goals.*. 100% Group Health & Dental Coverage.
From $73,000 a year
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Trade Finance Analyst

Iovate Health Sciences International Inc.
Oakville, ON

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Job details

Permanent | Full-time

Benefits

Extended health care
RRSP match
Disability insurance
On-site gym
Dental care
Tuition reimbursement
Paid time off
Paid vacation
Company events
Employee assistance program
Vision care
Life insurance
On-site parking

Skills

Power BI
Microsoft Excel
ERP systems
Logistics
Microsoft Dynamics 365
Chartered Professional Accountant
Analysis skills
Accounting
Logistics
Communication skills

Full job description

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.

Trade Finance Analyst

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 Trade Finance Analyst to join our team!

Key Responsibilities:

Supporting both Finance and Sales through the Trade Promotion process, this role blends both Financial Accounting and Commercial Finance elements supporting the technical and commercial needs of the teams
Review, process and validate discounts, rebates and trade related promotions based on customer agreements
Work with sales to understand ongoing trade activity to ensure trade accruals are complete and accurate
Upload 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
Prepare Month End closing entries related to Trade Spend, Shortages and Compliance Fees
Reconcile trade spend accounts and investigate discrepancies related to deductions received; responsible for the timely update of accruals based on deductions received or pending
Prepare monthly analytical reporting and reconciliations of Trade Spend accruals to Management
Lead the value added post promotional analysis for the business, to understand effectiveness of spend against trade programs (ROI analysis)
Provide recommendations for future promotional activity based on historic findings and learnings using a data-based approach
Review and analyze POS data and consumer patterns as related to Trade Promotions
Assist Sales with the Budget and planning processes each Quarter to ensure promotional activity is appropriately planned and captured
Consistent coordination and communication with the Commercial Finance and 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
Analysis and tracking of all Deductions, including Trade Deduction as well as Customer logistic claims and related accruals
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
Assist with routine claims and chargebacks for both trade and logistics related claims
Back up for Master Data administration of customers and Vendors in Microsoft Dynamics 365
Understand and ensure role related policies and procedures are adhered to
Work with the Trade Spend Manager to provide process improvements within areas of responsibility and actively participate in new system implementations and upgrades planned
Other role related duties as assigned

Qualifications:

CPA or other related professional 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:

Competitive compensation package
100% Group Health & Dental Coverage
Employee Assistance Program
Company RRSP Matching
Paid vacation & 5 personal days
World class gym, and external basketball court
Employee Engagement Events
Product & Swag from our industry leading brands
Professional career development
Opportunities for Global career exposure without the need to relocate!

Job Types: Full-time, Permanent

Pay: From $73,000.00 per year

Benefits:

Company events
Dental care
Disability insurance
Extended health care
Life insurance
On-site gym
On-site parking
Paid time off
RRSP match
Tuition reimbursement
Vision care

Work Location: Hybrid remote in Oakville, ON

Quick apply

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