Promotional Claims Accrual Analyst

Job description

## About Monster Energy: Forget about blending in. That's not our style. We're the risk takers, the trailblazers, the gamechangers. We're not perfect and we don't pretend to be. We're raw, unfiltered, and a bit unconventional. Our drive is just like our athletes, unrivaled. The power is in your hands to define what success looks like and where you want to take your career. It's not just about what we do, but about who we become along the way. We are much more than a brand here. We are a way of life, a mindset. Join us. ## A Day in the Life: The Promotional Claims Accrual Analyst reports directly to the Accrual Manager - Promotional Claims. Duties include the ongoing review, management, analysis, and adjustments of promotional spend accruals related to Customer promotional plans for month- and quarter-end close, working cross-functionally with Accounting Leadership, Revenue Growth Management, and Sales to ensure accuracy, timeliness of the accrual, and providing support to the Accrual Manager-Promotional Claims and Director-Promotional Claims, as needed. Candidates should have a minimum of 1-3 years analytical experience in accounting, have a strong understanding of accounting principles, especially those related to accruals, with the ability to analyze data, identify trends, and adjust accruals accordingly. ## The Impact You'll Make: - Month End Closing Preparation - Responsible for regularly monitoring, updating, and/or maintaining accruals to ensure accuracy for month-end and quarter-end closing cycles related to Promotional Allowance accruals, ensuring compliance with standard operating procedures, internal controls, & GAAP rules. Update and review of monthly GL details & related financial postings to identify changes requiring updates. Participate in internal & external audit, as needed. Identify opportunities for process enhancements/improvements. - Communication & Support - Provide support to Accrual Supervisor and Accrual Manager by communicating insights on fluctuations within the Promotional Allowances accrual &/or expense, developing &/or delivering various analytical reports, and participating in ad-hoc assignments or projects, as needed. Collaborate, coach, support cross-functionally with the Promotional Claims team, Pricing team, Sales/RGM, and others, as needed, by providing guidance and instruction on best practices and process requirements. - Accrual Change Management - Responsible for the review of promotional planned revisions and/or cancellation requests to ensure proper information is recorded and administered appropriately when revising or cancelling promotions. - Leadership and Guidance - Act as the subject matter expert for assigned Chain/Distributor accounts. While all employees receive foundational training, Leads hold specialized knowledge of promotions, account managers, chain/distributor-specific practices, and best approaches for managing their accounts. ## Who You Are: - 3-5 years of experience in Accounting - 1-3 years of experience in Analytical experience - Intermediate to Advanced Microsoft Excel skills are required. Proficiency with Microsoft Office Suite including but not limited to Teams, Outlook, Sharepoint, PowerBI, SAP, SalesForce, and/or VIP-PPM knowledge etc. a plus. - Requires strong understanding of accounting principles related to accruals, problem-solving and organization skills, self-motivated mindset with a proactive approach to taking the initiative. Must be willing to work Overtime, as needed, to get the job done and meet deadlines timely. Typing and 10-key is required. - Bachelor's Degree in Accounting, Math, Finance, IT, Economics, or Business Monster Energy provides competitive total compensation. The estimated annual salary range for this position is listed below. Actual compensation may vary based on skills, qualifications, experience, and work location. Pay Range $70,304—$78,740 USD For United States applicants: Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the [Know Your Rights](https://www.eeoc.gov/poster) notice from the Department of Labor. Read our privacy policy here: [Privacy Policy](https://www.monsterenergy.com/en-us/privacy-policy/)