Commercial Finance Operations Manager

MSC Industrial Direct Co., Inc.Davidson, NC
39d$82,390 - $129,470Hybrid

About The Position

At MSC, you are a part of a high performing evolving company with energetic leaders and strategic entrepreneurs going above and beyond for customers, making the impossible a reality. As the Manager Commercial Finance Operations, you will be responsible for managing a small team, training and mentoring associates, providing leadership support, and analyzing, automating, validating, and reconciling discrepancies for all customer rebates. You will manage the customer rebate process end to end and will be expected to continuously improve the process through automation. You will execute value-added analysis to strategically guide our Sales Leaders by proposing rebate contract changes to grow revenue, expand margins and improve overall profit. This hands-on role requires strong analytical skills, a collaborative mindset and must be able to manage competing priorities in a fast-paced environment. Reporting to the Director, Commercial Finance, this role will be critical to MSC by ensuring accuracy in payouts and accruals and presenting opportunities to improve time to revenue and drive sales growth.

Requirements

  • A bachelor's degree in business, Accounting or Finance or equivalent is required.
  • Minimum of five (5) years' professional experience required in Accounting, Finance, Sales, Commercial Operations.
  • Proven ability to work, communicate and negotiate effectively with cross-functional teams at all levels (senior mgmt. and executive level teams). Consistently viewed as a subject matter expert and influential partner by such teams, required.
  • Excellent verbal, written, and presentation skills required.
  • Excellent organizational skills required.
  • Experience driving process improvements, process design and implementation across teams and functions.
  • Proven track record building financial models and automating processes.
  • Excellent business and financial acumen.
  • Excellent communicator.
  • Demonstrated leadership skills.
  • Ability to manage multiple priorities in a fast-paced dynamic environment.
  • Detail oriented with the ability to see the bigger picture.
  • Must be able to lead a team and work independently while managing competing priorities.
  • Results oriented, organized, efficient and resourceful team player with good judgment.
  • Self-motivated, strategic thinker with leadership skills to lead and develop team to achieve goals and objectives, identify opportunities and drive improvements.
  • Ability to learn new technologies and applications to lead automation projects.
  • A valid driver's license may be required.
  • Position requires up to 5% of travel.

Nice To Haves

  • Expert proficiency with Excel and Tableau, Alteryx, Business Objects preferred
  • Previous work with reviewing & interpreting contracts.
  • Previous experience managing customer rebate programs.
  • Previous experience leading/managing a team.

Responsibilities

  • Customer rebate ownership: Has direct accountability of MSC's overall Customer Rebate Program, included and not limited to;
  • Provides operational direction and strategic management of rebate process
  • Ensures processes are in place for accruals in line with MSC policy
  • Ensures processes are in place for rebates to be accurately processed within customer timeline
  • Evaluates rebate risk, recommend rebate requirements and negotiating terms
  • Work with the Internal Audit Team on projects/testing of rebate process.
  • Lead quarterly finance rebate meetings, presenting the status and forecast of rebates.
  • Managing People: Builds, leads, motivates and develops a team of professionals elevating their performance, providing effective mentoring and coaching as well as fostering a positive environment of collaboration and professional growth. Establishes and manages effective performance management metrics in support of achieving the team's goals and objectives.
  • Business Partnership: Partners with cross-functional leaders to mitigate and remove barriers, communicate, and escalate as required to hold teams accountable to make and meet commitments.
  • Process Improvement:
  • Continuously optimizes processes to enhance productivity with the goal of improving decision quality and reducing cycle time through digitization.
  • Work cross functionally throughout the organization to help improve processes within the Rebate Team.
  • Directs and supports the development of effective and efficient solutions and processes to solve challenges and looks towards the future to anticipate potential problems.
  • Other:
  • Understands and interprets organization goals and initiatives so that operational priorities are balanced and managed effectively. Performs all duties inherent in the role of MSC Manager as defined in the MSC Code of Conduct. 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

Benefits

  • 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.

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Industry

Merchant Wholesalers, Durable Goods

Number of Employees

5,001-10,000 employees

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