Rebate Staff Accountant (956)

ABC Supply · Beloit

ABC Supply is North America’s largest wholesale distributor of exterior and interior building products.

ABC Supply is proud to be an employee-first company. In fact, we have won the Gallup Exceptional Workplace Award every year since its inception in 2007, and Glassdoor has named us one of the best places to work in the country. Be part of a company that recognizes your talents, rewards your efforts, and helps you reach your full potential. At ABC Supply, we have YOUR future covered.

Summary:

The Rebate Staff Accountant will take ownership of all aspects that apply to their assigned suppliers, with performing reconciliations being the primary task within the role. Being detail oriented, having the ability to think analytically and having all work consistently up to date is essential, resulting in accurate Supplier Rebates. Using independent judgment is essential for reviewing variances and determining the most effective changes to better accrue for each program. Collaboration with the team at certain times is required to solve similar issues found amongst suppliers while strengthening the team’s skills.

Skills Required:

Bachelor’s degree in accounting is preferred
Proficient in Excel
Excellent communication skills, written and verbal
Detail oriented, Self-starter, Time management, Analytical thinker

Essential Duties and Responsibilities:

Must be able to independently organize each day to maximize efficiency and productivity based on outstanding workload
Review supplier contracts, rebate log and table for program accuracy and conclude whether any modifications are needed to ensure proper accrual and income payout for every owned program
Complete designated month-end tasks
Follow up with the supplier as necessary for payment based on contract terms.
- Code credits, deposit checks and process ACH payments to the proper General Ledger account and program ID
Reconcile assigned supplier programs based on set expectations of the Manager – Supplier Incentives
- Provide a thorough reconciliation of Incentives Due verses Received that meets set expectations during the review process
  - Analyze the overall program variance as well as individual branch variances and use judgment to determine what is considered material and require further explanation
  - After research is complete, the Junior Staff Accountant must display competence and make decisions on any modifications necessary to accrue more accurately based on supplier rebate calculations
- Take ownership in following up with suppliers to resolve issues such as missing credit, incorrect rates paid, and product discrepancies
- Collaborate with suppliers by obtaining enhanced backup to prepare a more comprehensive and detailed reconciliation
Calculate deduction rates during the evaluation of all reconciliations and follow up on new accrual data to make sure changes are reasonable
Complete a quarterly chaining analysis as part of accrual accuracy and recommend changes
Develop a file to track each supplier program and maintain a comprehensive listing of current supplier issues
Regularly obtain and analyze supplier sales vs accruals to track the potential of additional incentives for year-end programs. Responsible for identifying and resolving data discrepancies.

Other Tasks May Include:
- Documenting departmental policies and procedures for knowledgeable tasks
- Co-Op
- Special projects

Benefits may include:

Health, dental, and vision coverage - eligible after 60 days, low out of pocket
401(k) with generous company match - eligible after 60 days, immediately vested
Employer paid employee assistance program
Employer paid short term and long-term disability
Employer paid life insurance
Flex spending
Paid vacation
Paid sick days
Paid holidays

Equal Opportunity Employer / Drug Free Workplace 

ABC Supply values diversity and we actively encourage women, minorities, and veterans to apply.

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