16 days old

Financial Analyst (Entry Level)

Framingham, MA 01701
  • Jobs Rated
    37th
**Description**



**Position Summary:**



Finance Analyst work closely with internal and external contacts to manage the collections of vendor rebates and receivables. Position requires interpretation of vendor deals and contracts and subsequent accounting and collections of rebates. The Analyst will work with Merchandising organization and vendors to resolve questions and issues related to accruals and aged balances. Responsibilities also include various month end close task including SOX and financial review.



**Primary Responsibilities:**



+ Responsible for the entry and maintenance of vendor program agreements.

+ Collect vendor program allowances based on negotiated terms. Prepare quarterly reconciliations of purchases and rebates to ensure allowances are accrued correctly.

+ Research and resolve any issues that come up during reconciliation process.

+ Identify and communicate cushion/risk.Meet monthly collection goals and established due dates.

+ Use aging reports to manage collections and ensure vendor balances do not exceed 60 days.

+ Perform prior year audit of assigned vendors.

+ Proactively provide feedback and recommendations for process improvements.

+ Createweekly invoices for Marketing Activities (Incremental).

+ Partner with vendors to understand proof ofperformance requirements.

+ Work withmerchants to understand future marketing activities and develop a process for merchantsto communicate vendor program information or requirements.

+ Meet with merchantson a regular basis to review vendor balances and assess risk.

+ Ensure roadmaps are received for largeoutstanding balances and any balance that exceeds 90 days.

+ Provide support and training to merchants onthe Incremental process

+ Processvendor payments.

+ Work with merchants toensure payments are allocated appropriately.

+ Work with Accounts Payable to understand timing of check runs and monthend cutoffs to avoid causing debit balances.

+ Perform month-end close responsibilitiesincluding the preparation of journal entries and schedules.

+ Reconcile accountsand prepare analysis/reporting to support the monthly Incremental Summaryemailed to members of Finance and Merchandising.



**Qualifications** **Basic Qualifications:**



+ Bachelor Degree inAccounting preferred

+ Superior customerservice skills; excellent communication and interpersonal skills.

+ Strong analytical and problem-solving skills;focus on process improvement.

+ Ability to work with minimal supervision andthink out of the box.

+ Excellent PCskills including Microsoft Excel and Word; Oracle and Brio a plus.

+ Strong attentionto detail and strong organizational skills.



_Staples is The Worklife Fulfillment Company, helping businesses of all sizes be more productive, connected and inspired. With dedicated account teams, category professionals, innovative brands and a curated product assortment for business, Staples provides customized solutions to help organizations achieve their goals. Interested in joining the team? Check out our_ _perks and benefits_ _!_



_Staples is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, or any other basis protected by federal, state, or local law._

Categories

Jobs Rated Reports for Financial Analyst

Posted: 2020-10-06 Expires: 2020-11-05

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Financial Analyst (Entry Level)

Staples
Framingham, MA 01701

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Financial Analyst
37th2018 - Financial Analyst
Overall Rating: 37/220
Median Salary: $84,300

Work Environment
Good
55/220
Stress
Medium
97/220
Growth
Fair
90/220
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