Accounting Manager, Trade Promotions & Deductions

over 1 year ago
Full time role
United States... more
United States... more

Job Description

Impossible Foods was founded to transform the global food system and reduce the impact of climate change by making the world’s most delicious, nutritious, and sustainable meat, fish, and dairy — from plants.
Through the revolutionary work of our world-class R&D team, we’re inventing efficient, sustainable ways to transform ingredients from plants into meat, fish, and dairy foods that deliver all the pleasures and nutritional benefits consumers demand, without the negative environmental or public health impact.
Our flagship product, Impossible™ Burger, uses 96% less land, 87% less water and generates 89% less greenhouse gas emissions than conventional beef from cows. And the burger is just the beginning. We’re working on recreating every animal product, from chicken to fish, with plant-based ingredients that are vastly better for people and the planet. 
Impossible Foods has experienced spectacular growth over the last few years, and we continue to lead all aspects of the plant-based revolution – from discovery and innovation to commercial production and consumer education. We’re building an amazing team of brilliant, collaborative, mission-driven individuals who take pride in using their diverse skills to contribute to a better world. Our core values include leading with heart, thinking like scientists, and doing the right thing, and our employees embody these attributes in their work every day. 
Want to join the movement? You can help us solve the most urgent, important challenge facing the world today (and have fun doing it). Check out our job opening below:
This role is responsible for the accounting and related operations associated with our trade promotions. They will oversee at least four Trade Promotion Accountants / Analysts, support accounting month-end close.

You Will

  • Train and supervise the Trade Promotions Team.
  • Work cross functionally with Corporate Accounting, Finance, Legal, Sales, Trade Operations and IT to build new and improve upon existing policies, processes and programs.
  • Drive key system initiatives and improvements. Be a key point person for ERP enhancements and provide business valued insights to help scale the revenue operations.
  • Responsible for reviewing and approving deductions cleared within Kantar and Blacksmith by the Trade Promotions Team as well as non-trade deductions cleared in SAP.
  • Help communicate and resolve discrepancies identified by Trade Promotions Team. Work with the Sales team and Brokers to dispute and collect invalid deductions.
  • Assist in the verification of trade spend program details by confirming alignment of terms against customer contracts. Perform research on recurring deductions, identify trends, and help in identifying root causes and solutions to prevent deductions from continuing.
  • Perform monthly revenue accounting close responsibilities, including but not limited to: review reconciliations (trade reserves, trade liabilities, etc.), journal entries and close package.
  • Support and help coordinate with auditors during quarterly reviews and the year-end audit.
  • Help drive flux analysis for balance sheet and income statement.
  • Partner with Sales, Sales Finance & Trade Operations to review open promotions and close them out after deductions have been received and applied against the promotions.
  • Assist in providing monthly reporting to finance and operations management to identify deduction trends, monitor productivity, & track results for customer base.

You Have

  • 7+ years of accounting experience with 3+ years supervisory experience.
  • Advanced knowledge of US GAAP, specifically ASC 606 Revenue from Contracts with Customers.
  • Outstanding analytical and modeling skills including proficiency in Excel and the ability to quickly manipulate and analyze large data sets and build reports.
  • An interest in learning and managing ERP data structures and reporting capabilities.
  • Extensive experience with Trade Promotion Management (TPM) systems and deduction processing tools. Experience with Kantar and/or Blacksmith is a plus.
  • Strong interpersonal, organization and communication skills.
  • A high level of independence, accountability, collaboration, good judgement and attention to detail in a fast paced and constantly evolving environment
  • BA/BS Degree in Accounting or Finance
  • This role is not eligible for Visa sponsorship

Impossible Foods Inc. is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics. 
Depending on your location, the California Consumer Privacy Act (CCPA) may regulate the way we manage the data of job applicants. Our full notice outlining how data will be processed as part of the application procedure for applicable locations is available here: https://impossiblefoods.com/careers/notice. By submitting your application, you are agreeing to our use and processing of your data as required.
If the ability to work remotely is indicated, this role can be performed from any US state except for Alaska, New Mexico, Oklahoma, Hawaii, and Wisconsin.
This role is not eligible for Visa Sponsorship.

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