Rebate Analyst II

BUILD A BETTER CAREER WITH MSC

Serving customers and our community starts with the best people doing their best work. That is precisely what we have created at MSC Industrial Supply Co. We are a leading North American distributor of metalworking and maintenance, repair, and operations (MRO), products and services. We offer more than 2 million products and have over 80 years of experience across dozens of industries. We aim to execute our Built to Make You Better brand promise for all our stakeholders, including our associates.

Requisition ID : 17325

Employment Type : Full Time

Job Category : Commercial Ops & Excellence

Work Location : Davidson, NC (CSC)

BRIEF POSITION SUMMARY:

The Rebate Analyst Level II is responsible for taking a lead 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.

DUTIES and 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.

INDICATES ESSENTIAL DUTIES

To perform this job successfully an associate must be able to perform each essential duty satisfactorily. The requirements listed below are representative of knowledge, experience level and abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential duties.

EDUCATION and EXPERIENCE:

• Bachelor’s Degree (Business, Accounting or Finance)
Minimum of five years relevant experience required.

SKILLS:

• 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.

OTHER REQUIREMENTS:

• 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”).

Compensation starting at $63420 - 99660 depending on experience

The salary range represented is based on similar roles in comparable industries, and the cost of labor in respective cities. Actual compensation is based on the candidate’s relevant experience, education requirements and peer pay equity. The Company reserves the right to modify the range as market conditions change.

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.

When you join our team, you will receive rewards and recognition for your contributions, training and professional development opportunities, Associate Inclusion Circles: Women, Pride, Black, Veterans, HOLA and DisABLEd as well as a variety of benefits to support you and your family's health, well-being, and financial future. If you are inspired to learn, take risks, and succeed as a team, you can build a better career at MSC.

Equal Opportunity Statement: At MSC, we are committed to providing an environment of mutual respect where equal employment opportunities are available to all qualified applicants and our associates without regard to race, color, religion, age, sex, national origin, disability, protected veteran status, sexual orientation, gender identity/expression or any category protected by applicable law. By applying to this job you agree to the Application and Acknowledgment Declaration terms.