Ho Chi Minh City, VNM
15 days ago
Commercial Finance Analyst - Nutrition Division
**About Abbott** + At Abbott, you’ll be part of a global healthcare leader, creating breakthrough science to improve people’s health. We’re always looking towards the future, anticipating changes in medical science and technology. + Abbott has been present in Vietnam for 30 years, making a meaningful impact on public health through a wide range of science-based nutritional products, diagnostic tools, pharmaceuticals, and vascular access devices. Our nutrition business develops science-based nutrition products for people of all ages, from helping babies and children grow, to keeping adult bodies strong and active. Millions of people around the world count on our leading brands – including Similac®, PediaSure®, Pedialyte®, Ensure®, Glucerna® and ZonePerfect® – to help get the nutrients they need to live their healthiest life. 📍 **Location:** Flemington Tower, 182 Le Dai Hanh, District 11, Ho Chi Minh City 📌 **Reporting to:** Trade Finance Controller - Nutrition Division **About the 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 **Key Responsibilities** ​ **1. Pricing Management** + Prepare Price Notifications, maintain price lists, and set up channel pricing in the system with 100% accuracy and OTIF support (including promoted SKUs and channel prices). + Support Brand Marketing in reviewing Pricing Memos. + Assist the Statutory Team in price declaration/registration with competent state authorities. **2. Trade Spend Management** + Support Customer Marketing and Trade Sales in executing and controlling trade promotion mechanics effectively, ensuring compliance with approved proposals and budgets. + Review trade terms for key Modern Trade accounts, including contract verification and compliance management. + Review and perform actual trade promotion settlements, ensuring compliance and validation. **3. Accrual Management** + Prepare monthly Gross-to-Net (GTN) accruals for Modern Trade channels. + Validate supporting documents for accrual entries to ensure accuracy and compliance with accounting policies. + Perform reconciliation between accrual estimations and actual settlements; investigate variances and provide explanations. + Continuously improve the accrual process for simplification and efficiency. **4. Compliance Management** + Handle consumer MOIT promotion registration in compliance with local regulations. + Review contracts with stakeholders, Tax Accountant, and Legal to ensure compliance with all relevant requirements. + Ensure compliance with tax regulations, Gross-to-Net spending in compliance with Corporate Revenue Recognition Policy and SOX requirements. **5. Business Process and System Control** + Operate and monitor GTN trade promotion in systems (DMS, Compiere, etc.) for data accuracy and compliance. + **DMS Trade Promotion Management:** + Manage DMS promotion system to enhance compliance control and accelerate promotion claim settlements. + Coordinate with DMS project team to ensure high data accuracy, productivity, and visibility of sales performance. **6. Other Responsibilities** + Coordinate with stakeholders on paperwork for preparing and reviewing contracts, promotion notifications, pricing notifications, data extraction and reconciliation. + Support internal and external audits by providing accurate documentation and reports. **Qualifications** + Education: Bachelor of Accounting and Finance. + Experience: Minimum 2 years of experience in a Trade Spend or Commercial Finance or Finance & AccountingSkills: + 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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