Job title: Financial Services Analyst
Company: Philip Morris International
Job description: Be a part of a revolutionary change
At Rothmans, Benson & Hedges Inc. (“RBH”), Philip Morris International’s subsidiary in Canada, we’ve chosen to do something incredible. We’re totally transforming our business and building our future on smoke-free products with the power to deliver a smoke-free future.
With huge change, comes huge opportunity. So, wherever you join us, you’ll enjoy the freedom to dream up and deliver better, brighter solutions and the space to move your career forward in endlessly different directions.
As a Financial Services Analyst, your role will be to support the Finance and Commercial teams through the accounting, analysis, reporting and payment of Commercial Trade Programs and contract payments
Your Day to Day
Monitor contract payments (APEX) and Trade Program Allowance (TPA)/ Temporary Invoice Cost Adjustment (TICA) payments in the National Integration portal (Payback System) for any unusual activities. Work with B2B and/or Support teams to address and resolve reconciliation and payment issues for APEX and TPA/TICA amounts missed or paid incorrectly through the portal.
Run reports and queries from the data warehouse to validate, reconcile, and confirm APEX and/or TPA/TICA amounts generated in the National Integration portal. If there are missed APEX and/or TPA/TICA amounts, work with internal stakeholders to resolve issues (e.g. determine for which stores are missing payments for which programs) and determine amounts to be paid or accrued.
Prepare National Payment file by gathering the Commercial payment data, balancing and reconciling the information, obtaining proper approval and releasing the payment file. Resolve any issues with IT while ensuring timely delivery of payments to retailers.
Prepare monthly journal entries with appropriate supporting documentation and input into JERF for approval and posting to SAP. Examples include reclass of National Payment File to sales allowance and/or trade expense accounts; Newfoundland reclass of actual Order Agreement (OA) payments and accruals/reversals; OA accruals for unclaimed and blocked orders in National Integration portal; accruals for missed OAs and reversal of accruals as payments are made.
Prepare analysis for variable Pay-for-Performance programs. Calculate and analyze whether customers have achieved the program targets in order to receive the reward payments. Monitor program performance over time and prepare analysis and reports for the Commercial team on an as-needed basis.
Prepare quarterly chain payments for controlled chains by coordinating with Key Accounts stakeholders.
Develop, establish, and improve processes as the business continues to evolve. As well, be an active participant in system enhancement projects as a subject matter expert.
What we’re looking for ?
- Minimum 5 years’ experience in a Financial Analyst or similar role with a minimum of 3 years’ experience working with large volumes of data contained within multiple and integrated systems.
- University Degree or College Diploma in Accounting, Finance or related field
- Designated professional accountant (CGA / CMA, CA, CPA or enrolled), or similar certification
- Advanced Excel skills but also Business Objects and SAP understanding, having worked with Power-BI in the past is a plus
- Aptitude for working with large volumes of data contained multiple and integrated systems
- Adept at understanding system interactions and linking of systems and business processes
- Strong understanding of accounting concepts (e.g. revenue/cost recognition, Income Statement revenue and cost categorization, etc.)
WHAT WE OFFER
We offer the opportunity to join an organization where you can grow in a wide range of business functions. You will have the chance to build your professional expertise, business understanding, and leadership capabilities in a collaborative, challenging environment where we will empower you to take risks, experiment and explore. Our company fosters excellence in execution and is comprised of dedicated people all working together to continue to grow our status as industry leaders. We offer our employees a competitive salary, an attractive compensation package, including flexible work schedules (where applicable), health and wellness programs, and attractive benefits options.
You will also be a part of an inclusive, diverse culture, where everyone’s contribution is respected; collaborate with some of the world’s best people and feel like you belong.
WHO WE ARE
We are Rothmans, Benson & Hedges Inc., Philip Morris International’s subsidiary in Canada -an International Fortune 500 Company. Today we are Canada’s second largest tobacco company. In addition, RBH Inc. was awarded Top Employer for 2017, 2018 & 2019. We currently employ over 700 people throughout our six corporate and sales offices and our factory.
Our parent company PMI is one of the world’s leading international tobacco companies. In addition to the manufacture and sale of cigarettes, PMI is engaged in the development and commercialization of smoke-free products.
Click on the following link to learn more about what RBH believes: https://www.rbhinc.ca/home/what-we-believe
Rothmans, Benson & Hedges is committed to providing equal employment opportunity for all current and prospective employees, as well as to promoting a culture of inclusion and respect for everyone. We celebrate the innovation that diversity creates in the work environment, and we recognize that each employee brings their own unique capabilities, experiences, and perspectives to the organization. It is this diversity that adds value to our teams, as well as to our stakeholders.
We are committed to providing equal employment opportunity regardless of race, ancestry, color, religion, sex, marital/family status (including pregnancy), national origin, sexual orientation, immigrant and newcomer status, gender identity/expression, age, citizenship, or disability. We consider qualified applicants who have passed the criminal background checks, consistent with legal requirements.
We strive to recognize and value diversity and equity, and to ensure the inclusion of underrepresented groups and the four designated groups: women, Indigenous peoples, persons with disabilities and members of visible minorities. We value, respect, and equally support applicants from these groups.
We welcome and encourage applicants to reach their full potential with us. If you are unable to apply for a position online, or require any further accommodation during our recruitment process, please contact: AODA.RBH@rbhinc.ca.
Expected salary:
Location: Toronto, ON
Job date: Fri, 03 Nov 2023 05:50:22 GMT
