Sales Finance Analyst Contractor (8214179)
Duration: 7 months
Location: Hackettstown NJ
This position supports Mars Chocolate US Sales Finance Account Managers, Sales Account Teams, and the Sales Division, with analyses and accounting expertise in managing over $800+ million in trade expense. In this role, the associate will be responsible for budgeting, governance, accounting, and promotional reviews for one or more of the following expense categories: Trade Expenditures, Listing Fess, Cash Discounts, Other Miscellaneous Allowances, Display and Equipment or Non Quality Costs within Mars Chocolate US. This role oversees the P&L and Balance Sheet to ensure deferred, accrued and expense accounts are accurately stated. This position is a primary resource for the control; analysis and reporting of trade spend by trade channel by customer.
The Sales Finance Analyst supports MCUS to achieve annual sales growth targets while ensuring the sales organization complies with Mars and Governmental Regulations, GAAP and the Finance Manual. This position will support the Sales Finance Managers to drive improvements of trade spend ROIs, Customer P&L improvements and efficient resource utilization. Additionally, this role provides insights to drive channel growth as well as identify risks and opportunities.
In addition, may provide Key User responsibilities for SAP. The Key User is a crucial business knowledge role. The key user for a business process area and associated system has training and support responsibilities for end users in the key user’s department or functional area of ownership, ensures process & system benefit delivery, identifies opportunities for continuous improvement, assists in testing system upgrades, educates the end user community, sustains business process & training documentation, and serves as the liaison with the Functional Expert team on business changes.
Key Responsibilities Please list the most important and relevant responsibilities • Utilizes influencing skills to motivate appropriate parties, including various levels of management to properly control, report and account for trade spend. • Responsible for accurately recording Trade and Display and Equipment expenses and accruals to ensure the Balance Sheet and P&L are accurately stated. The associate must have a strong understanding of General Accepted Accounting Principles and the Mars Finance Manual. • Responsible for period end and year end financials including journal entries, variance analysis, year on year analysis, and discussions with management. • Supports training of Sales Organization as needed to ensure proper management of Customer trade funds. This is essential to ensure total budget management is achieved and risks and opportunities identified in a timely manner. • Prepares period forecasts to help steer management toward effective planning and decision making. • Participates in quarterly financial, commitment and MCA (Meeting Competition Adjustment) form audits. • Prepares ROI analyses to assist Sales Finance Managers in driving more effective promotional activity to drive greater growth within customers and sales channels. • Monitor and update the internal control processes and procedures related to area of responsibility. • Provide S&F support for trade promotion expenses, accruals, and deferrals for all schedules requested by PWC or Internal audit as needed. • Manages and/or track financial impact of Display and Equipment program, MEP program, Customization program, Menu program or Non-Quality Costs. • Participates in audits of 3rd parties. • Ad hoc Reporting as requested • As Key User for SAP, play a lead role in recommending continuous improvements, raising unresolved functional and technical issues to FE. • Participate in system testing as needed (period slots, upgrades) • Act as primary contact for End User functional issue resolution (i.e. end user questions on transactions, etc.) • Assist on-boarding process with new End Users as related to SAP Context and Scope Complete how the job gets done and the way it operates • The Mars, Inc. Finance Manual must be followed at all times. • Up to 5% travel may be required. Relevant Quantitative and Budget Information Financial • Tracks, reports and forecasts trade spend ($800+ million) Staff N/A Other Decision Making Authority • Analyze problems to help management understand issues. • Development of training materials. Recommendations • Best practices and improved WOW across teams and functions. • Develop solutions to address system, process or accounting anomalies. • Identify and recommend reporting and internal control improvements Job Specifications/Qualifications State the minimum education, knowledge, skills and experience this position requires. State the physical and/or mental requirements for the role (e.g. stand for x hours, lift x weight, concentration on repetitive tasks). Please distinguish any “preferred” qualifications. Note: May differ from the current job holder’s own skills and experience. 1. Education & Professional Qualification • Bachelor’s degree in Accounting, Finance, or business related field required. • 1-4 years of Accounting or Finance experience preferred 2. Knowledge/Experience • Strong Generally Accepted Accounting theory and practice, required. • Proficient in Microsoft Excel • Strong Analytical, problem solving and communication skills required. • ERP systems (SAP General Ledger). • Demantra/Seibel experience a plus. • Ability to interact and influence Senior Management. • Ability to maintain and protect Mars' interests.