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Trade Deductions Analyst

3 months ago


Austin, United States Vital Farms Full time

Finding the right place to grow your career isn't (over) easy, so we're here to help by sharing a few reasons why the grass is greener at Vital Farms. We think you'll appreciate our focus on Conscious Capitalism, which drives business decisions that benefit all our stakeholders (leading to even better business results). You might be drawn to our innovative approach and refusal to settle for the "way things have always been done." Or you could find it exciting to grow your skills while working for an industry-leading brand. Whether you're into our values, our brand, or our egg-cellent puns, we hope you'll join our Crew and help us change the world 108 square feet at a time

**Your Role**:
The Trade Deductions Analyst reports to the Revenue Manager and is primarily responsible for reviewing, auditing and reconciling customer deductions taken from payment for various trade/non-trade programs. The Trade Deductions Analyst will have a strong understanding of our customer trade spend activity and how each customer deducts for various planned trade programs and other unplanned deductions.

**What You'll Do**:

- Partner with trade promotion and sales team to gain a deep understanding of VF customers and trade promotion deal activity and customer allowances.
- Work with the broader accounting team to connect and streamline processes and ensure timely and accurate recognition of deduction expense/liabilities
- Obtain and organize supporting documentation from each deduction taken.
- Ensure deductions are properly reconciled to the correct customers, brands, spend categories, deal codes, etc.
- Perform in-depth analysis of all deductions received to validate that the deduction taken is in accordance with agreed-upon terms and that the amount taken is accurate; maintain clear and detailed records of validation procedures performed.
- TPM System: Leverage the TPM system for deduction processing/reconciliation. Seek continuous improvement opportunities for deduction processing. Ensure integrity of TPM to ERP integration.
- Dispute invalid deductions with external customers in order to receive repayment; maintain strong customer relationships to ensure timely resolution.

**What You Bring to the Table**:

- 3 years of accounting experience preferred, preferably with experience in A/R and deduction analysis.
- Consumer packaged goods or food industry experiences a plus
- **Ability to travel up to 10% annually for company onboarding trips, team offsite, and other business needs**:

- Experience working in Trade Promotion Management systems
- Excellent excel skills
- Attention to detail: Strive for "Zero Defect" work product
- You're no hero - You know the power of teamwork and celebrate the work of others before your own.
- You give a sh*t - You believe in acting like an owner and making Vital Farms a place to be proud of.
- You raise the standards - You know growth can be hard, but you strive to improve yourself and others each day.
- You can walk in someone else's boots - You seek to understand other's viewpoints and think that you get to better answers by sitting on the same side of the table.
- You don't walk on eggshells - You're not afraid to leave the bullsh*t behind and have honest conversations.

**What We Bring to the Table**:

- A fast-paced, energetic, remote environment with passionate people who are leading a movement to bring ethically produced food to the table.
- Competitive pay and benefits (Medical, Dental, Vision, and Paid Parental Leave, just to name a few).
- Generous retirement contributions: 401(k) + 3% Contribution from Day 1.
- Free eggs and butter, along with friends and family discounts.
- Fun team SWAG that will make you the talk of the town.
- Professional development opportunities and an amazing team dedicated to your growth.

**Who We Are**:
Vital Farms, a Certified B Corporation, offers a range of ethically produced foods nationwide. Started on a single farm in Austin, Texas, in 2007, Vital Farms became a national consumer brand that works with over 300 family farms and is the leading U.S. brand of pasture-raised eggs by retail dollar sales. Vital Farms' products, including shell eggs, butter, hard-boiled eggs, and liquid whole eggs, are sold in over 24,000 stores nationwide. Vital Farms' ethics are exemplified by its focus on the humane treatment of farm animals and sustainable farming practices. In addition, as a Delaware Public Benefit Corporation, Vital Farms prioritizes the long-term benefits of each of its stakeholders, including farmers and suppliers, customers and consumers, communities and the environment, crew members, and stockholders. In short, we exist to improve the lives of people, animals, and our planet through food.

**Next Steps**:
- In order to fulfill Vital Farms mission to "bring ethically produced food to the table," we seek to build teams that leverage diverse perspectives to create a welcoming and innovative environment that is committed to the principles of equal