Job Summary
Responsible for processing chargeback submissions and researching and resolving related discrepancies.Communicate and work closely with management to align strategies that support continuous improvement for overall processes.
Job Description
Rebates Analyst
About Medline:
Medline Industries India Pvt. Ltd. is engaged in providing offshore business support services to Medline Industries, LP & its global associate companies in the area of Information Services, Finance & Business processes Management. Medline Industries India Private Limited was set up in 2010 in Pune, India and, today we are a proud team of 900 plus associates supporting Medline’s healthcare vision across the USA, Europe & other International regions.
Medline is America's largest privately-held national manufacturer and distributor of health care supplies and services. Today, Medline manufactures and distributes more than 550,000 medical products, encompassing medical-surgical items and one of the largest textile lines in the industry. With 17 manufacturing facilities worldwide and over 25 joint venture manufacturing plants worldwide, along with 40 distribution centers in North America and 50 throughout the world, Medline posted $ 20.2 billion in revenue last year.
Why join Medline:
Direct, full-time employment in a large, stable, rapidly growing and, yet profitable company.
A privately owned company
No ill effects of recent downturn/recession.
First-rate compensation and benefits package.
Genuine individual growth potential in this new establishment.
Open door and highly ethical work culture, with due accountability.
Job Description:
The Rebate Analyst is responsible for the calculation and payment of Customer Rebates. This position will be responsible for the process start to finish, including tasks like agreement management, accrual setup, ensuring previous payments are completed, and processing future payments, and, monitoring rebate accruals and upcharges which have a direct impact on the net profitability of all sales and product divisions.
Required Skills:
Work experience-Must
Accounting experience
Good knowledge of month end Accrual posting
Good understanding and knowledge of Basic accounting
IS experience
Strong in MS Office (Excel and power point)
Nice to have: SAP and Vistex Knowledge
Soft skills
Excellent communication skills
Ability to communicate strongly and influence without authority
Exceptional analytical, organizational, and communication skills
Having Continuous improvement mindset
Flexibility and good team player
Responsibilities:
Calculating and processing payments for Customer Rebates
Agreement Clauses interpretation and setting up in Vistex basis the same
Running and creating numerous reports for customers and Medline management in a timely fashion
Answering any and all questions regarding said payments and reports
Setting up, monitoring, and auditing all rebate accruals and upcharges for their respective rebates
Providing a monthly reconciliation to Finance to ensure that any necessary accrual adjustments are included in month-end reporting
Works directly with Sales and Finance to collect/resolve outstanding rebates or interest for accounts that are eligible for a rebate
Interact with stake holders through transparent and smooth communication and internal teams
Support on ad-hoc projects as assigned
Educational Qualification
B.Com/MBA-Finance with good accounting skills--- 2 to 4 years
About Medline India:
Medline India was setup in 2010 in Pune, primarily as an offshore Development centre and to augment resources for Medline Industries LP headquartered in Chicago, USA. We are a 1500+ strong and growing team of technology, finance & and business support professionals who support our businesses worldwide towards a mission to make healthcare run better. We are proud to be certified as a ‘Great Place to Work’ by the Great Place to Work Institute® (India) for the duration May 2023 – May 2024.
We are an organization with a conducive work environment, ample opportunities to learn, contribute and grow with a highly empowered & engaged team. We encourage our people to share their best ideas and create new opportunities for our customers and ourselves to work together to solve today’s toughest healthcare challenges.
About Medline Industries, LP:
Established in 1966, Medline Industries LP is a renowned global healthcare organization boasting 56 years of consecutive sales growth, exceeding $21 billion in annual sales. With a workforce of over 36,000 professionals spread across the globe, we operate in more than 125 countries and territories. As the largest privately held manufacturer and distributor of medical supplies in the United States, Medline is uniquely positioned to offer comprehensive products, education, and support across the continuum of care.
At present, Medline Industries, LP holds the esteemed position as the #1 market leader, delivering an extensive portfolio of over 550,000 medical products and clinical solutions. Our clientele includes hospitals, extended care facilities, surgery centres, physician offices, home care agencies, providers, and retailers. We are proud to be recognized by Forbes as one of America’s Best Large Employers and Best Employers for Women. Additionally, the Chicago Tribune has consistently named us a Top Workplace for the past 12 years.