Rebate Analyst

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 :20902

Employment Type :Full Time

Job Category :Accounting/Finance

Work Location :Davidson, NC (CSC)

BRIEF POSITION SUMMARY:

The Rebate Analyst is responsible for analyzing, maintaining, processing, validating, submitting for payment, and reconciling discrepancies for all customer rebates.

DUTIES and RESPONSIBILITIES:

• Tracks 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 Excel rebate model ensuring it is programmed with the latest terms and conditions.
• Ability to understand the terms and conditions of a contract as they relate to compliance requirements and the parameters under which the rebates are paid.
• Updates the Excel rebate model with customer Sales and payment data by running Business Objects queries and downloading detail from the general ledger.
• Manually calculate rebates that can't be maintained in the Excel rebate model.
• On a monthly basis, performs tests on the largest rebate customers to analyze whether or not 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.
• Compiles and tabulates customer rebate terms and conditions information manually into a database.
• Ability to analyze the rebate process and make recommendations to streamline or improve the process.
• 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.
• Work with the Sales Team to provide estimated payouts for customer Business Reviews.
• 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.
• Participation in special projects and performs additional duties as required.

EDUCATION and EXPERIENCE:

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

SKILLS:

• Advanced proficiency with Excel Spreadsheets and Business Objects required.
• Strong analytical ability, originality and ingenuity required. The demonstrated ability to enter and retrieve data quickly is also required.
• Experience with SAP, Oracle and SQL database (including Essbase) queries and reporting required.
• Previous work with reviewing contracts required.
• Good verbal and written skills required.
• Excellent organizational skills required.

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 $58000 - $91080 depending on candidate location and 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.

Applicants must be currently authorized to work in the United States. We are unable to sponsor or take over sponsorship of an employment Visa for this position at this time.

This job posting will remain open for a minimum of 3 business days from the original posting date or longer as needed to fill the position.

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 80+ 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.

OUR COMMITMENT TO YOU

Our associates are our top priority and investing in their well-being is one way we execute our Built to Make You Better brand promise. Alongside competitive pay, we have a comprehensive benefits program to support you and your family's health, well-being and financial future. We offer dynamic healthcare plans, generous 401K and stock purchasing programs, tuition reimbursement opportunities, and paid time away for holidays, vacations, and illness. Visit our page for a better look at our extensive benefits: Your Future Benefits.

You will also have the opportunity to join our Associate Inclusion Circles: Women, Pride, Black, Generational, Veterans, HOLA, and Able. These circles are open to all associates and are designed to promote awareness, collaboration, and respect.

EQUAL EMPLOYMENT 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 or any category protected by applicable law. Accommodation requests can be made at any stage of the recruitment process; applicants are asked to make their needs/requirements known.

Please note that MSC uses electronic monitoring and system logs in its workplace, including monitoring of Company-provided systems and collaboration tools, as permitted by applicable law.