Trade Management Analyst - Food Service & Deductions

Lactalis US Yogurt, Inc.

Minnetonka (MN)

Hybrid

USD 60,000 - 82,000

Full time

12 days ago

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Job summary

Lactalis US Yogurt, Inc. seeks a Trade Management Analyst to support our Retail and Food Service teams.

This hybrid role, based in Bedford NH, Chicago IL, or Minneapolis MN, focuses on processing trade claims, deductions, and AR issues with Sales, Customer Service, Pricing, and Supply Chain partners to ensure accurate pricing and contract compliance. The ideal candidate has a Bachelor's in Business or Finance and 3+ years of AR/trade management experience, with advanced Excel and SAP

Qualifications

Bachelor's degree is preferred.
Majors in Business, Finance or related field is preferred.
3+ years accounts receivable, trade management and/or collection, contract compliance experience is required.
Experience supporting food service, distribution, hospitality, restaurant, or broader food and beverage channels preferred.
Experience with distributor billbacks, deviated pricing, rebates, promotional claims, or food service customer agreements preferred.
Advanced Excel is required.
Prior Food Service Accounts Receivable and collection experience required.
Prior experience with Trade Management concepts and policies preferred.
SAP and Trade system experience is preferred.

Responsibilities

Contribute to business improvement by educating and partnering with the sales team to help manage their financial requirements.
Add value to our customers by providing a direct interface for all trade management and accounts receivable questions, issues, and problem resolution.
Ensure internal control and financial integrity over the trade management process by validating transactions are recorded consistently with internal policies and accounting rules.
Investigate and resolve invoice, pricing, and deduction issues by coordinating with Sales, Customer Service, Pricing, and Supply Chain.
Collect customer invalid deductions.
Establish cross-functional relationships to respond to the needs of the business: resolution of customer issues, improved management of trade spending, improved collections.
Partner with Food Service Sales and broker teams to support customer-specific pricing, deviated pricing agreements, rebates, and promotional programs.
Process accurate and timely application of cash receipts in accordance with established guidelines.
Run Open Aging to review/resolve/track open short-pays and deductions for assigned group of customer accounts
Support contract and program compliance for food service operators, chain accounts, distributors, and group purchasing organizations (GPOs), where applicable.
Validate / Invalidate Customer Deductions, ensuring accuracy of promotion contracts and promotion claims as a result of clearing Valids and identifying Invalids for Collection/Repay.
Manage transactions in third Party Deduction Management System to ensure timely and accurate deduction clearing
Process Payables weekly against Trade Deals in deduction management system and email remits to customers.
Perform AD Hoc duties as assigned.