164 applicants
Ferguson · 2 days ago
Vendor Funds Analyst
Richmond, VA
Full-time
Onsite
Mid Level
$3,899/mo - $6,325/mo
2+ years exp
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Insider Connection @Ferguson
Responsibilities
Financial accounting responsibilities include the calculation of rebate receivable and inventory reserve for vendor programs.
Program description optimization – make recommendations to sourcing regarding changes to vendor agreements to enhance revenue.
Program tier optimization - regularly track and suggest alternative purchasing plans to effectively achieve purchasing tiers and related revenue.
Connect with vendors to ensure compliance with sourcing agreements, resolve issues and streamline the process.
Provide direction to accounting department regarding the allocation of payments to individual business divisions.
Assist in the creation of sourcing agreements to ensure that agreements are clear and understood by all parties.
Ensure that negotiated vendor program details are accurately reflected in rebate calculation software.
Reconcile vendor payments against defined program parameters to ensure receipt of accurate and timely payment.
Analyze and compare vendor submitted information to our internal information to ensure that all eligible purchases are included in the rebate calculation.
Responsible for collection of vendor payments and supporting data.
Meet with category managers on a regular basis to update them on the status of their respective programs.
Communicate with category managers and Finance on vendor program status and issues.
Qualification
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Required
Bachelor's degree strongly preferred; or equivalent work experience.
2-4 years experience ideal in this area or related field.
Medium to advanced knowledge of Excel, Access, Power BI, and SharePoint.
Strong analytical and organizational skills.
Must possess excellent communication skills and the ability to work in a fast-paced environment.
Fundamental knowledge of the supply chain process.
Benefits
Medical
Dental
Vision
Retirement savings with company match
Paid leave (vacation, sick, personal, holiday, and parental)
Employee assistance programs
Associate discounts
Community involvement opportunities
Company
Ferguson
Since 1953, Ferguson has been a source of quality supplies for a variety of industries, each working together to help build better infrastructure, better homes and better businesses.
10,001+ employees
Funding
Current Stage
Late StageLeadership Team
Kevin Murphy
CEO
Blake Luse
Senior Director, Enterprise Strategy & Planning
Recent News
Yahoo Finance
2024-05-23
The Business Journals
2024-05-23
Company data provided by crunchbase
