Vendor Incentive Processing Specialist
About The Position
Winsupply Sourcing Services (WSS) operates approximately 2 million square feet of wholesaling warehouse space, offering inventory and vendor management to be the premier vendor partner for its customer base. The customer base consists of aspiring entrepreneurs who own and operate their own wholesale distribution businesses, numbering over 650 businesses nationwide. This role provides an opportunity to directly impact the success of entrepreneurial small businesses across the United States. The Winsupply Family of Companies engages with over 10,000 different vendor partners annually, with nearly 500 achieving preferred supplier status, each offering unique vendor incentives. This role will assist local company partners in managing these incentives.
Requirements
- Bachelor’s Degree in Accounting, Finance, Business, or related field. Relevant experience considered in lieu of a degree.
- Strong proficiency in Microsoft Office and Google Suite technology.
Nice To Haves
- Experience in industrial distribution, wholesaling, or large-scale procurement operations.
Responsibilities
- Coordinate receipt of vendor reporting on volume incentive dollars earned under contract.
- Process vendor payments and credit memos received, ensuring accuracy of internal recordkeeping.
- Upload vendor earning information into the internal accounting system, ensuring correct system processing.
- Support the setup of new vendor buying agreements.
- Audit vendor reporting to payables records to ensure accuracy of reporting received.
- Work with vendors to resolve discrepancies and omissions in vendor reporting.
- Track all processing efforts and incremental amounts collected via review and inquiry.
- Calculate analytics on base, tier, and growth goal programs, and communicate to key stakeholders.
- Support calculations for buy-down and buy-up opportunities, and advise on strategic decision making.
- Assist in the development of automation programs.
- Provide process, trend, and self-service education to local company partners, while maintaining confidentiality agreements.
- Ensure accurate system setup of Local Company (LC) incentive programs on purchases from Sourcing Services and review regularly for accuracy.
- Support continued development and administration of WSS incentive programs.
- Perform all other duties as assigned.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
