Responsibilities:

- Calculate and maintain customer rebate accruals based on contractual terms, including volume, growth, promotional, and special rebates.
- Ensure accurate and timely monthly and quarterly rebate provisions in line with sales performance.
- Reconcile rebate balances between customer agreements, sales data, and finance records.
- Process rebate claims and coordinate with Sales, Commercial, Controlling, Finance, and Payment teams for validation and approval.
- Monitor rebate utilization against accruals and identify over- or under-provisions.
- Prepare and post journal entries related to rebate accruals, reversals, and settlements.
- Ensure compliance with internal controls, accounting policies, and revenue recognition requirements, including IFRS 15 where applicable.
- Support internal and external audits by providing appropriate rebate calculations, supporting documentation, and justifications.
- Maintain and update rebate master data, customer agreements, and related financial records.
- Identify and implement process improvements across the rebate accounting process.
- Support month-end and year-end closing activities related to rebates.
- Contribute to Record-to-Report (R2R) month-end activities, including accruals and prepaid journal postings during periods of lower rebate workload.
- Analyze rebate trends and variances and provide insights to support commercial and financial decision-making.




- Ensure rebate accruals and reconciliations are completed accurately within defined closing timelines and KPI targets.
- Collaborate effectively with GBS, local finance teams, rebate controllers, financial controllers, commercial teams, payment teams, and auditors.

Eligibility / Requirements:

- Bachelor's degree in Accounting, Finance, Commerce, or a related discipline.
- Minimum 3 years of relevant accounting experience, preferably in rebate accounting, GL, R2R, or a similar finance function.
- Robust understanding of rebate accounting, accruals, provisions, settlements, and financial reconciliations.
- Good knowledge of IFRS 15 and revenue recognition principles and their impact on rebate accounting.
- Understanding of internal controls, accounting policies, compliance requirements, and audit processes.
- Hands-on experience with journal entries, accruals, reversals, settlements, and month-end/year-end closing.
- Strong proficiency in Microsoft Excel and MS Office.
- Experience working with ERP systems such as SAP or Microsoft Dynamics 365 (D365) will be an advantage.
- Good written and verbal English communication skills.
- Strong analytical and problem-solving skills with the ability to identify rebate variances, over/under provisions, and reconciliation issues.
- Strong stakeholder management and teamwork skills, with the ability to collaborate across Finance, Sales, Commercial, Controlling, and other cross-functional teams.
- Strong attention to detail, self-organization, customer orientation, and results orientation.

📌 Rebate Accountant, GL TEAM (Solapur)
🏢 Deloitte
📍 Solapur