Abbott ★ 3.8

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 Team 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.

6. 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.

7. Other Responsibilities:

• Co-ordinate 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.

1. Education: Bachelor of Accounting and Finance.

2. Experience: Minimum 2 years of experience in a Trade Spend or Commercial Finance or Finance & Accounting

3. Skills:

• 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.

4. Other key behaviors which will lead to success in this role are:

+ Strong attention to detail, ability to manage projects independently, and a proactive mindset.

+ Clear and effective communication of financial insights to commercial stakeholders.