Key Account Sales Finance Manager
1 week ago
About MSC: MSC is a leading North American distributor of metalworking and maintenance, repair, and operations (MRO), products and services.
Our Mission: We aim to execute our Built to Make You Better brand promise for all our stakeholders, including our associates.
Job Description: The Rebate Analyst II plays a key role in overseeing the training of associates, providing leadership support, as well as analyzing, maintaining, processing, validating, submitting for payment, and reconciling discrepancies for all customer rebates. They track rebate programs with varying terms and conditions for several MSC customers.
Duties and Responsibilities:
- Responsible for working with the Contracts Compliance and Legal teams each month to review expiring rebates and new rebates.
- Makes any necessary additions or adjustments to the rebate model ensuring it is programmed with the latest terms and conditions.
- Ability to interpret and understand the terms and conditions of a contract as they relate to compliance requirements and the parameters under which the rebates are paid.
- Builts and maintains rebate models with customer Sales and payment data by running and aligning accruals with accounting ledger.
- Manually calculates rebate programs that can't be maintained in the rebate model.
- On a monthly basis, performs tests on the largest rebate customers to analyze and validate if an accrual adjustment is necessary.
- Updates detailed rebate accrual document and provides to Financial Reporting to ensure rebate costs are accurately reflected in the financial results.
- Processes customer payments including reviewing customer receivables balances; preparing check requests, cover letters, and detailed customer support to be emailed and mailed to customer.
- Accountable for creating and overseeing the rebate forecast process.
- Leds quarterly finance rebate meetings, presenting the status and forecast of rebates.
- Manages rebate hold process based on account receivable status.
- Identifies and recommends the development of enhancements to streamline or improve processes.
- Works cross functionally throughout the organization to help improve processes within the Rebate Team.
- Provides visibility and guidance to the Sales Team on rebate related issues.
- Ability to communicate effectively, at various levels within MSC, the results, guidance and strategies associated with the analysis.
- Responds in a timely manner to inquiries from both internal and external customers as they relate to customer accruals, sales information, rebate status and rebate payment history.
- Develops/maintains SOP's and trains associates on existing and new processes.
- Works with the Internal Audit Team on projects/testing of rebate process.
- Fosters the MSC Culture in the department and throughout the company to ensure fulfillment of MSC's vision and unity of purpose.
- Leds and/or participation in special projects and performs additional duties as required.
Requirements: Bachelor's Degree (Business, Accounting or Finance) with minimum five years relevant experience required. Expert proficiency with Excel and Tableau, Alteryx, Business Objects required. Strong analytical ability, originality and ingenuity required. Demonstrated ability to retrieve, manage, and absorb data quickly required. Experience with SAP, Oracle and SQL database queries and reporting required. Previous work with reviewing & interpreting contracts required. Excellent verbal, written, presentation skills required. Excellent organizational skills required. Demonstrates strong leadership skills.
Benefits: Compensation starting at $63,420 - $99,660 depending on experience. Why MSC? People. Collaboration. Insight. That's how you build something that works. Built on a foundation of trust, MSC works side by side with our customers to help them drive business results. With more than one million product offerings and 75+ years of experience across industries, MSC strives to help our customers achieve greater productivity, profitability, and growth through inventory management and other innovative supply chain solutions. We care about our associates and have programs in place to help our 6,500+ team members achieve their potential.
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