What are the responsibilities and job description for the Vendor Funds Reconciliation Analyst position at Ferguson Enterprises, LLC?
Job Posting:
Since 1953, Ferguson has been a source of quality supplies for a variety of industries. Together We Build Better infrastructure, better homes and better businesses. We exist to make our customers’ complex projects simple, successful, and sustainable. We proactively solve problems, adapt and grow to continuously serve our customers, communities and each other. Ferguson is proud to provide best-in-class products, service and capabilities across the following industries: Commercial/Mechanical, Facilities Supply, Fire and Fabrication, HVAC, Industrial, Residential Trade, Residential Building and Remodel, Waterworks and Residential Digital Commerce. Ferguson has approximately 36,000 associates across 1,700 locations. Ferguson is a community of proud associates who operate with the shared purpose of building something meaningful. You will build a career that you are proud of, at a company you can believe in.
Objective:
Finance role responsible for analyzing rebate claims on vendor contracts and promotions, calculating monies due from vendors and ensuring these monies are collected and properly accounted for, while maintaining the financial integrity and accuracy of assigned programs.
Location:
This role is approved for Hybrid work out of Ferguson's corporate offices in Newport News, VA 3 days office / 2 remote. For ideal candidate, remote may be considered.
Responsibilities:
Create vendor rebate claims in accordance with vendor agreements.
Prepare and submit timely and accurate claim reports to vendors.
Responsible for communicating status, issues and opportunities to the branches, Branch Management, Category Management, and corporate executives toward the goal of optimizing the benefit of each program.
Research and resolve any disputed claims.
Follow up with vendors on overdue payments and alert management on any delays or collection issues.
Provide analytical support to Category Management for their respective programs.
Interact with branch personnel, Category Management, and program vendors to resolve any issues and to streamline processes.
Assist team in analyzing system and processes for improvements.
Represent the organization to customers, associates, and leadership as needed.
Adhere to all policies, rules, regulations, and procedures.
Perform other duties or functions as requested by management.
Qualifications:
Accounting degree, progress toward, or equivalent experience required.
Strong analytical and organizational skills.
Ability and desire to take initiative for continued process improvements.
Willingness to take ownership of assigned programs and capacity to oversee all aspects of program processes.
Must possess excellent communication skills and the ability to work in a dynamic environment.
Fundamental knowledge of our business is preferred.
Strong Microsoft Excel skills required/Basic Microsoft Access skills preferred.
Familiarity with Ferguson purchasing and/or pricing processes is a plus.
At Ferguson, we care for each other. We value our well-being just as much as our hard work. We are committed to a holistic approach towards benefits plans and programs that support the mental, physical and financial well-being of our associates. Our competitive offering not only includes benefits like health, dental, vision, paid time off, life insurance and a 401(k) with a company match, but our associates also enjoy additional meaningful and inclusive enhancements that are adaptable to their diverse situations and needs, including mental health coverage, gender affirming and family building benefits, paid parental leave, associate discounts, community involvement opportunities and more!
Pay Range:
Estimated Ranges displayed are Monthly for Salaried roles OR Hourly for all other roles.
This role is Bonus or Incentive Plan eligible.
Ferguson complies with all wage regulations. The starting wage may be higher in certain locations based on local or state wage requirements.
The Company is an equal opportunity employer as well as a government contractor that shall abide by the requirements of 41 CFR 60-300.5(a), which prohibits discrimination against qualified protected Veterans and the requirements of 41 CFR 60-741.5(A), which prohibits discrimination against qualified individuals on the basis of disability.
Ferguson Enterprises, LLC. is an equal employment employer F/M/Disability/Vet/Sexual Orientation/Gender Identity.
Equal Employment Opportunity and Reasonable Accommodation Information
