Rebate Analyst II jobs in United States
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MSC Industrial Supply Co. · 1 day ago

Rebate Analyst II

MSC Industrial Supply Co. is a leading North American distributor of metalworking and maintenance, repair, and operations (MRO) products and services. The Rebate Analyst Level II is responsible for overseeing the training of associates and managing customer rebates, including analyzing, processing, and reconciling discrepancies for these rebates.

HardwareIndustrialManufacturingSalesSupply Chain ManagementWholesale
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Responsibilities

Track rebate programs with varying terms and conditions for several MSC customers
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
Builds and maintains rebate models with customer Sales and payment data by running and aligning accruals with accounting ledger
Manually calculate 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
Update detailed rebate accrual document and provide to Financial Reporting to ensure rebate costs are accurately reflected in the financial results
Process 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
Lead quarterly finance rebate meetings, presenting the status and forecast of rebates
Manage rebate hold process based on account receivable status
Identify and recommend the development of enhancements to streamline or improve processes
Work cross functionally throughout the organization to help improve processes within the Rebate Team
Provide 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
Respond 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
Develop/maintain SOP's and trains associates on existing and new processes
Work 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
Leads and/or participation in special projects and performs additional duties as required
Fosters the MSC Culture in the department and throughout the company to ensure fulfillment of MSC's vision and unity of purpose
Participation in special projects and performs additional duties as required

Qualification

ExcelTableauSAPOracleSQLAnalytical skillsContract interpretationLeadership skillsCommunication skillsOrganizational skillsPresentation skills

Required

Bachelor's Degree (Business, Accounting or Finance)
Minimum of five years relevant experience required
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
Builds and maintains rebate models with customer Sales and payment data by running and aligning accruals with accounting ledger
Manually calculate 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
Update detailed rebate accrual document and provide to Financial Reporting to ensure rebate costs are accurately reflected in the financial results
Process 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
Lead quarterly finance rebate meetings, presenting the status and forecast of rebates
Manage rebate hold process based on account receivable status
Identify and recommend the development of enhancements to streamline or improve processes
Work cross functionally throughout the organization to help improve processes within the Rebate Team
Provide 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
Respond 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
Develop/maintain SOP's and trains associates on existing and new processes
Work 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
Leads and/or participation in special projects and performs additional duties as required
A valid driver's license and the ability to travel up to 5% of the time are required
This position may require access to International Traffic in Arms Regulations Information (“ITAR”) and/or Controlled Unclassified Information (“CUI”)

Preferred

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

Dynamic healthcare plans
Generous 401K and stock purchasing programs
Tuition reimbursement opportunities
Paid time away for holidays, vacations, and illness

Company

MSC Industrial Supply Co.

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MSC Industrial Supply Co.

Funding

Current Stage
Public Company
Total Funding
unknown
1995-12-05IPO

Leadership Team

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Erik Gershwind
Chief Executive Officer
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Martina McIsaac
President and Chief Operating Officer
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Company data provided by crunchbase