Customer Investment Accountant - Automotive Refinish

BASF SE • Southfield, MI

1d

About The Position

We are looking for a Customer Investment Accountant to join our Automotive Refinish team in Southfield, MI. BASF Automotive Refinish Coatings Solutions offers high-quality refinish paint brands and paint-related products to body shops from around the world. Our solutions are approved by the world’s leading automotive manufacturers for the repair of their vehicles. We provide collision centers with a vast array of solutions that help drive their business performance and efficiency. The Customer Investment Accountant is responsible for maintaining North America customer rebate and market investment contracts in SAP, reconciling and adjusting rebate and marketing investment accounts, and participating in month-end closing reporting activities. He/she plays a key role in determining that the business accurately and timely accounts for a major component of the P&L and Balance Sheet, providing support in this major area of the business, to enable it to grow.

Requirements

• University degree in Accounting or related discipline
• At least 2 years working experience in Accounting
• Knowledge of SAP and Microsoft Office
• A high level of service orientation
• Self-driven personality with a proactive working style
• Attention to details and the ability to meet deadlines
• Business Analysis capability
• Strong communication skills

Responsibilities

• Validating monthly MI amortization amounts and process
• Preparing MI amortization & breach of contract summary file for monthly sales entry
• Being the end-to-end process expert for answering MI-related ad-hoc questions
• Preparing monthly account reconciliations
• Calculating and recording MI IFRS 9 reserves based on credit ratings
• Capitalizing new MI
• Recording MI true-ups, MPR adjustments, and impairments
• Calculating and accruing amortization manually on new deals
• Creating new customer contracts for each MI
• Participating in monthly Breach of Contract Meetings with Legal and Sales
• Preparing monthly reports
• Setting up and maintaining CCS contracts for all customers / rebate types
• Ensuring monthly rebate process runs correctly
• Viewing and reviewing the provision account for accuracy
• Reconciling accrual file monthly
• Preparing and entering the bodyshopmall Canada and US entries
• Reviewing, preparing, and processing Technical/R&D Non-Trade Billing
• Preparing royalty Non-Trade Billing
• Reviewing contracts for accounting impacts
• Ensuring compliance with internal guidelines
• Responding to internal and external audit queries and providing necessary documentation
• Handling ad hoc requests

Benefits

• Flexible work arrangements whenever possible
• Highly competitive retirement savings plan with company match and investment options
• Well-being programs that include comprehensive mental health support for you and your household family members
• Family forming benefits (fertility, adoption and surrogacy reimbursement, maternity/parental leave, and more)
• Back-up child and elder care with discount programs for families of all ages and stages
• Mentoring and career development opportunities that allow you to share, learn, and thrive
• Matching gifts program that allows you to deepen the impact of your contributions to qualified charities.
• Employee crisis support for when the unexpected happens
• Access to our BASF wine cellar, employee discounts, and much more!

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees