Rebate Staff Accountant (956)

ABC Supply Co. Inc. • Beloit, WI

2d

About The Position

The Rebate Staff Accountant owns all aspects of assigned supplier accounts, with reconciliations as the primary responsibility. The role requires careful, analytical review and consistently current work to support accurate supplier rebates. The accountant uses independent judgment to review variances and determine appropriate changes to accruals, while collaborating with colleagues to address similar supplier issues and strengthen team skills.

The position also covers month-end tasks, supplier payment follow-up, transaction coding and processing, reconciliation and variance analysis, supplier issue resolution, accrual evaluation, and maintenance of supplier program records. The accountant regularly reviews supplier sales against accruals to identify potential year-end incentives and resolve data discrepancies.

Requirements

• Bachelor’s degree in accounting is preferred.
• Proficiency in Excel.
• Excellent written and verbal communication skills.
• Detail-oriented, self-starter, with time-management skills and an analytical approach.
• Ability to organize daily work independently and exercise judgment when reviewing variances and accruals.

Responsibilities

• Organize daily work independently to maximize efficiency and productivity based on outstanding workload.
• Review supplier contracts, rebate logs, and tables for program accuracy and determine whether changes are needed to ensure proper accruals and income payouts.
• Complete designated month-end tasks.
• Follow up with suppliers for payment as required by contract terms.
• Code credits, deposit checks, and process ACH payments to the appropriate General Ledger account and program ID.
• Reconcile assigned supplier programs according to expectations set by the Manager – Supplier Incentives.
• Prepare thorough reconciliations of incentives due versus received that meet review expectations.
• Analyze overall program and individual branch variances, determine materiality, and seek further explanations when needed.
• Research rebate calculations and make decisions about modifications needed to improve accrual accuracy.
• Follow up with suppliers to resolve missing credits, incorrect rates, product discrepancies, and other issues.
• Obtain enhanced supplier backup to prepare more comprehensive and detailed reconciliations.
• Calculate deduction rates during reconciliation reviews and follow up on new accrual data to assess whether changes are reasonable.
• Complete quarterly chaining analyses and recommend changes to improve accrual accuracy.
• Develop and maintain files tracking supplier programs and current supplier issues.
• Regularly obtain and analyze supplier sales versus accruals to identify potential additional incentives for year-end programs and resolve data discrepancies.
• As needed, document departmental policies and procedures, work on Co-Op tasks, and complete special projects.

Benefits

• Health coverage, eligible after 60 days, with low out-of-pocket costs.
• Dental coverage, eligible after 60 days, with low out-of-pocket costs.
• Vision coverage, eligible after 60 days, with low out-of-pocket costs.
• 401(k) with generous company match; eligible after 60 days and immediately vested.
• Employer-paid employee assistance program.
• Employer-paid short-term and long-term disability.
• Employer-paid life insurance.
• Flexible spending.
• Paid vacation.
• Paid sick days.
• Paid holidays.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level