Gross Profit Audit Analyst

Avnet•Phoenix, AZ

2d•Hybrid

About The Position

Audits and reviews transactional data impacting financial margin for possible margin enhancement and follows the process through to margin recovery. This role requires foundational knowledge of specialized disciplines, industry practices and standards, acquired via academic instruction and/or relevant work experience. The analyst develops solutions to defined tasks, typical assignments and projects, which may be solved by the application of specialized foundational knowledge using existing approaches and solutions. Work is usually performed independently and requires the exercise of judgment and discretion, with initial direction received and work potentially reviewed for accuracy and quality. Collaboration occurs with immediate management and team members within the department or function.

Requirements

Bachelor's degree or equivalent experience from which comparable knowledge and job skills can be obtained.
Typically less than 2 years of relevant work experience.

Responsibilities

Audits billing reports, identifies profit leaks, provides margin adjustments to gross profit administration team and drives recovery actions.
Audits asset related reports (e.g. price lists), addresses profit leaks and improves margin on supplier transactions.
Executes supplier contract rights for obsolescence and price list removed products.
Identifies other appropriate margin recovery solutions and engages with respective departments or suppliers.
Monitors ship and debit claim rejects, and elevates to gross profit administration team when needed.
Analyzes customer volume purchase agreements.
Provides analysis and recommendations to the business teams.
Monitors and communicates status on supplier bonus programs to sales and assets.
Audits supplier reconciliation reports and takes appropriate actions.
Audits supplier rebate programs, including forecasting and variance analysis.
Prepares and distributes margin adjustment report and reconciles month-end numbers.
Participate in supplier business reviews as required by management.
Other duties as assigned.