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Abbott Trade Spend Control Analyst in Ho Chi Minh City, Vietnam

Role:

This role will support 3A Nutrition Affiliate (Trade Sales, Customer Marketing, Commercial Excellence) with Trade Promotion management, Trade Spend controlling, Cost Leadership Initiatives, Emerging Channel Acceleration, Business Risk and Compliance management, Process and System control management.

Accountabilities

1. Trade spend management :

  • Ensure trade spends are executed in effective way and complied with mechanic approved in proposals.

  • Monitor all revenue deduction spending by channel and key accounts customers.

  • Perform actual trade promotion settlement in term of compliance and validation.

  • Control Pricing, trade terms and condition investment at the level of customers, geographies, and channels

  • Support CMM team to execute and control promotion mechanic in effective way in term of compliance and validation.

2. Trade term management:

  • Manage trade term of each key account customers in Modern Trade in term of trade term contract verification and compliance management.

  • Perform and monitor actual trade term performance by customer level and co-ordinate with sales team to improve performance.

3. Compliance management:

Local government regulation:

  • Handle consumer promotion registration in compliance with Local Government regulation

  • Have basis experience of tax to ensure all promotion activities are complied with Tax regulation and co-ordinate with Tax accountant to balance business need with Tax regulation.

  • Handle contract review with steak-holders, Tax accountant and Legal to ensure that all contract terms are complied with all respective requirements.

Corporate Policy:

  • Handle Gross-to-Net in compliance with Corporate Revenue Recognition Policy

  • Handle internal control in compliance with SOX.

4. Business Process and System Control management :

DMS trade promotion management:

  • Manage DMS promotion system to drive the effectiveness in promotion mechanic compliance control, improve productivity and accelerate promotion claim settlement to customers.

  • Co-ordinate with DMS project team to control and manage DMS system in term of high data accuracy, more productivity and high visibility of sales performance.

Accrual process management:

  • Handle accrual process in term of validation and prepare accrual for accounting record.

  • Ensure accrual principles are complied with accounting policies.

  • Improve accrual process in term of simplification and more efficiencies.

5. Others :

  • Provide financial support to Trade Sales & CMM in order to execute trade promotion mechanic in compliance with approved proposals and budget.

  • Perform financial analysis on trade and promotion programs to ensure optimum performance at lowest possible costs.

Requirements:

  • Education: Bachelor of Accounting and Finance.

  • Experience: Minimum 3 years of experience in a Trade Spend or Commercial Finance or Finance & Accounting

  • Ability to handle financial and accounting data in compliance with Corporate Accounting Policy, Revenue Recognition Policy and Tax accounting regulation.

  • Knowledge of the principles, processes and standards for integrated financial information and reporting

  • Knowledge of Local Government regulation related to promotion registration and Tax regulation to manage the compliance.

  • Financial analysis capability using MS Excel, PowerPoint and other tools.

An Equal Opportunity Employer

Abbot welcomes and encourages diversity in our workforce.

We provide reasonable accommodation to qualified individuals with disabilities.

To request accommodation, please call 224-667-4913 or email corpjat@abbott.com

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