Trade Spend Manager

Bunge · St. Louis, MO

Company

Bunge

Location

St. Louis, MO

Type

Full Time

Job Description

At Bunge, people don't just come here to work, they come here to grow - solving challenges that directly impact the world with a diverse team of thinkers and doers. Bunge offers a strong compensation and benefits package, generous paid time off program, flexible work arrangements, and opportunity to progress. Our hybrid work environment provides a balance of in office and remote work. Most importantly, in all we do we live our values:• Act as One Team by fostering inclusion, collaboration, and respect• Drive for Excellence by being agile, innovative and efficient• Do What's Right by acting safely, ethically, and sustainably

Position Summary:

The Trade Spend Manager with be responsible for overseeing and managing North American activities related to funds given to customers, distributors, brokers and retailers for selling products to end users as well as those related to non-conformance to customer supply chain service levels. The management of Trade Spend will include the promotional activity of billbacks, rebates, broker commissions, trade show spend and performance-related penalties for the Foodservice and Food Ingredient businesses managing a total dollar value of $50MM. This includes oversight of the outsourced activity to the Bunge Business Services (BBS), The Trade Spend Manager will manage the annual budget and create reporting and analysis of margin and effectiveness of programs, accruals and accounting for promotional trade spend for US & Canadian customers. This role will work to understand, keep current and ensure policies and procedures are adhered to understand and manage associated risks of trade spend programs and execution.

Core Functions:

Manage Outsourced Trade Spend Activity - manage output performance of the BBS team by defining service level agreements, SOPs and execution to defined levels for US Billbacks and future outsourced activities. Work with Sales and Distributors on identified trends of non-adherence to promotional programs and funds recovery.

US and Canadian Rebates & Commissions - working with the sales, pricing team, and contracts groups within the business to collect information, analyze, calculate, and process rebates and commissions. Plan and execute future transition of activities to BBS.

Performance Penalties Oversight - provide oversight, reporting and trend analysis of customer penalty activity. Work with Customer Service to deliver timely research of assessed penalties and sales team to manage and recover invalid deductions.

Budget and Reporting of Customer Trade Spend - manage annual budget and create reporting and analysis of margin and effectiveness of programs, accruals and accounting for promotional trade spend for US & Canadian customers.

Process Improvements - identify process improvements within areas of responsibility and actively participate in new technology evaluation, system implementations and planned upgrades.

Projects / Ad-Hoc Request Perform special projects and information requests as assigned to meet deadlines.

Policies and Risk Assessment - Understand, keep current and ensure policies and procedures are adhered to understand and manage risk of trade spend programs and execution. Liaise with Sales, AR/Accounts Payable, Customer Service and BBS teams on issues and concerns.

Skills/Experience Requirments:

Bachelor's Degree in Business Management, Accounting or related field. Master of Business Administration a plus.

5-7 years in similar role working with customer-related business processes - accounts receivable, credit, pricing &/or customer service.

2-3 years directly with Trade Spend would be an asset

Above average knowledge of business processes related to accounting(GL entries), sales contracts, sales order management, invoicing and customer deductions.

Familiarity with CBOT exchange and fundamentals of futures and basis trading.

Experience with working with and managing activities executed by remote/outsourced teams.

Proficient computer skills in SAP, Tableau (BI) and Microsoft Excel functionality used for analytics and reporting.

Detail oriented with strong analytical, mathematical, verbal and written communication skills. Proficient organizational skills, especially time management.

High adaptability and flexibility, including the ability to manage deadline pressure, ambiguity, and change.

Ability to collaborate and generate a spirit of cooperation while coordinating diverse activities and groups within a team environment

Exeperience with SAP/SFDC an asset

High level of confidentiality and integrity

Bunge (NYSE: BG) is a world leader in sourcing, processing and supplying oilseed and grain products and ingredients. Founded in 1818, Bunge's expansive network feeds and fuels a growing world, creating sustainable products and opportunities for more than 70,000 farmers and the consumers they serve across the globe. The company is headquartered in St. Louis, Missouri and has 25,000 employees worldwide who stand behind more than 350 port terminals, oilseed processing plants, grain facilities, and food and ingredient production and packaging facilities around the world.

Bunge is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, transgender status, national origin, citizenship, age, disability or military or veteran status, or any other legally protected status. Bunge is an Equal Opportunity Employer. Minorities/Women/Veterans/Disabled

Date Posted

10/14/2022

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