Rebate Accountant, GL TEAM

Start Date

Starts Immediately

CTC (ANNUAL)

Competitive salary Competitive salary

Experience

3 year(s)

3 year(s)

Apply By

Not Provided

Posted today

Job

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About the job

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:





- Bachelors 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.
- Strong understanding of rebate accounting, accruals, provisions, settlements, and financial reconciliations .
- Valuable 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.

Earn certifications in these skills

Who can apply

Only those candidates can apply who:

1. have minimum 3 years of experience

Salary

Probation:

Duration:

Salary during probation:

After probation:

Annual CTC: Competitive salary

Number of openings

1

Editor’s note

Information above is Internshala's interpretation and paraphrasing of what we found on the shared link.

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