Job Summary:

Audits and reviews transactional data impacting financial margin for possible margin enhancement and follows the process through to margin recovery.

Principal 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.

Job Level Specifications:

• Foundational knowledge of specialized disciplines, industry practices and standards, acquired via academic instruction and/or relevant work experience of substantially the same level.
• Develops solutions to defined tasks, typical assignments and projects. 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. Receives initial direction although work may be reviewed for accuracy and quality.
• Collaborates with immediate management and team members within the department or function.
• Actions typically affect own work assignments and department. Erroneous decisions or failure to accomplish work may require some assistance or resources to remedy.

Work Experience:

• Typically less than 2 years with bachelor's or equivalent.

Education and Certification(s):

• Bachelor's degree or equivalent experience from which comparable knowledge and job skills can be obtained.