Analyst, Vendor Finance

Meijer • Grand Rapids, MI • 1d ago

As a family company, we serve people and communities. When you work at Meijer, you're provided with career and community opportunities centered around leadership, personal growth and development. Consider joining our family - take care of your career and your community!

Meijer Rewards

Weekly pay

Scheduling flexibility

Paid parental leave

Paid education assistance

Team member discount

Development programs for advancement and career growth

Please review the job profile below and apply today!

This position is responsible for recording, executing and reporting of deals accounting according to generally accepted accounting principles (GAAP). This includes the financial analysis of promotional allowances and rebates, vendor contracts and payment strategies. Works cross functionally with Meijer business areas and vendors. Exercises independent discretion and judgement for decision making.

What You'll be Doing:

Manage and execute all aspects of Vendor funding, including billings, accruals, period end closing, reporting, AR ageing, & debit balance (related to billings), to ensure financial goals and objectives are met.

Identify and address system/process gaps and design/develop in streamlining new processes as well as process improvements, using AI tools (Alteryx and UiPath). Included in user-acceptance testing, help integrate any new systems/process and assists with training of new employees.

Independently responsible for reviewing and analyzing trade agreements and multi-year contracts of vendor funding contribution to make deals accounting classification decisions (where, when and how to charge).

Maintain controls to assure the integrity of assets and the compliance with GAAP, the team is responsible for executing and overseeing approx. $900M-$1B in vendor funding annually, also responsible for account reconciliations.

Provide financial and analytical day-to-day support and recommendations to merchandising and planning teams through data and trend analysis to support business decisions while ensuring generally accepted accounting principles (GAAP) have been followed and to ensure income is properly recognized in the financial statements.

Create, evaluate, and analyze metrics of financial processes related to business activities, including special projects like Supply Chain Financing, Royalties, etc.

Represents the VFA team in various cross functional teams, Buyer training, and financial meetings, and provides leadership and accountability in the absence of the Manager.

Create timely, relevant, and accurate reporting, analysis and recommendations of vendor funding against historical, budgeted and forecasted planning results.

Provides financial tracking and support to management.

This job profile is not meant to be all inclusive of the responsibilities of this position; may perform other duties as assigned or required.

What You Bring with You (Qualifications):

Bachelor's degree in Finance and/or Business Management (with an emphasis in either Purchasing or Accounting) or equivalent experience required.

2+ years of accounting or merchandising experience.

Experience in performing financial analysis.

Strong analytical skills and ability to gather, manipulate, and analyze data from various resources.

Highly collaborative with solid interpersonal skills.

Must have planning, problem-solving, time management and decision-making abilities.

Strong oral and written communication skills.

Must be self-directed, accurate and detail oriented.

Technology experience related to one or more of the following areas preferred: General ledger, financial reporting systems, AI tools, SAP and other query tools.

We opened our doors more than 90 years ago with the goal of helping people provide for themselves and their family. Today we're a multi-billion dollar retailer with more than 70,000 employees across six states. Our Midwest geography includes corporate offices in Grand Rapids, Michigan, plus manufacturing facilities, distribution centers and over 270 stores across Michigan, Illinois, Indiana, Kentucky, Ohio and Wisconsin.

Meijer is an Equal Opportunity Employer, fostering a diverse and inclusive workplace. We are committed to treating all persons with dignity and respect. Meijer's policy is to not discriminate because of any applicant or team member's race, color, national origin, sex, sexual orientation, gender identity or expression, pregnancy, religion, age, physical or mental disability, uniformed service or veteran status, or any other lawfully-protected classification. If you have a disability and require a reasonable accommodation to complete any part of your application, please click here to submit your request . Submissions that are not seeking help to complete the application due to a disability will not be responded to.

Meijer

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