Stop & Shop

Category/Area of Expertise: Merchandising

Job Requisition: 437547

Address: USA-MA-Quincy-1385 Hancock Street

Store Code: Pricing - Brands (5149417)

Here at Stop & Shop, we've been serving our customers and neighborhoods for more than a century. A lot has changed in that time, but one thing hasn't: Stop & Shop is a place where everyone can thrive and feel like they're part of family.

Our more than 50,000 associates enjoy competitive salaries, comprehensive benefits and discounts to support professional and personal journeys and flexibility that fits their lives.

We invite you to pull up a seat and discover the ways you can make an impact. There's always room at our table!

The Cost and Deals team is vital to margin management, ensuring accurate cost tracking on resale products to meet margin expectations. They handle the entry, review, validation, and invoicing of all vendor-funded promotional deals. Successfully executing these responsibilities requires expert knowledge of various systems and platforms, along with the ability to analyze and communicate data outputs from these systems effectively.

What we ask of you:

Deal Validation and Entry:

• Accurately managing and billing deals within the designated financial timeframes to maintain proper margins.
• Utilizing knowledge of assigned categories, identify and resolve discrepancies in deal setup, dates, and dollar values and communicates these discrepancies directly to the merchandising teams for timely resolution.
• Monitoring deals on the daily deal tracker to ensure they are accepted and recorded, and escalating pending deals to merchandising teams for timely billing.
• Ensures all deals are processed accurately and on time, following fiscal calendar guidelines and VAAC requirements.
• Coordination with Category Teams, Finance/Accounting, Audit Recovery, and VAAC teams is essential for accurate billing, as the C&D Associate's tasks serve as a key control in the vendor allowance framework for Sarbanes-Oxley compliance.
• Provide detailed knowledge of the company's data warehouses and reporting systems, setting up custom data aggregation to track item movement for manual billings related to modified or late-approved deals. Auditing flat deals, off-invoice, bill-back deals, and manual billings is also part of the role, along with conducting daily peer audits to ensure accurate billing.
• Associate collaborates with VAAC for manual billings and analyzes quarterly claims from audit recovery, providing research and explanations as necessary.

Cost Validation and Entry:

• The C&D Associate is responsible for analyzing, researching, reconciling, validating, and entering all cost changes across various systems, including DSD, third-party facilities, and all warehouses.
• Support for self-distribution transitions and future changes in company-owned facilities is also part of the role.
• Analyze and research procurement list cost discrepancies and coordinate with the Order to Cash Department for vendor issues.
• Analyze internal reporting for missed timeframes, incorrect allowances, and incorrect costs, completing necessary research and processing corrections. The associate must have a thorough understanding of accounting rules as set forth by Audit Recovery and Order to Cash departments and ensure data integrity across all systems.
• Proactive communication with Category Teams, Supply Chain Associates, PDL & ILC teams ensures the timely and accurate resolution of cost-related issues.

What you bring to the table:

• Proficiency in MS Office Suite (Excel, Access, Teams), Igor, S&S Mainframe, AIS Mainframe, Deal Management, Aces, IDW/CDW, Prompt
• In-depth understanding of accounting rules
• Strong attention to detail
• Ability to multitask and prioritize effectively
• Excellent communication skills

What we bring to the table:

• Culture committed to celebrating diverse backgrounds and experiences
• Comprehensive benefits
• Opportunities for professional development and career growth
• Associate discounts
• Team of associates dedicated to serving our local customers and supporting our communities.
• Flexible, hybrid work environment with three days a week at our Quincy Corporate office and the remaining days working remotely

If you are passionate about customer service, thrive in a dynamic environment, and are committed to making a difference, we invite you to apply

The starting rate of pay for this position is $21.85/hr and will be based on background, experience as well as internal equity.

Stop & Shop is an equal opportunity employer. We comply with all applicable federal, state and local laws. Qualified applicants are considered without regard to sex, race, color, ancestry, national origin, citizenship status, religion, age, marital status (including civil unions), military service, veteran status, pregnancy (including childbirth and related medical conditions), genetic information, sexual orientation, gender identity, legally recognized disability, domestic violence victim status or any other characteristic protected by law.