• Staff Rebate Accountant

    Job Locations US-IL-Elk Grove Village
    Posted Date 2 weeks ago(11/30/2018 9:08 AM)
    Job ID
    # of Openings
  • Overview

    Topco Associates is currently seeking a Staff Rebate Accountant for the Accounting team in Elk Grove Village, IL.


    Under the direction of the Manager Volume Incentive, the Rebate Staff Accountant monitors and controls volume incentives and all other vendor-related rebates.  Ensures accurate and complete rebate accounting.  Prepares and communicates rebate performance and rebate opportunity analyses to management.  Participates in rebate accounting process efficiency improvement.


    • Partner with procurement for timely activation of rebate agreement accruals. Utilize control procedures for complete and accurate review of rebate documentation and calculation design.
    • Prepare monthly rebate performance variance analysis to prior year and budget.
    • Prepare quarterly rebate forecasts.
    • Identify and communicate rebate gaps and opportunities to management and procurement.
    • Work with procurement to ensure that volume incentive agreements are documented and current and volume incentive amounts are collected on a timely basis.
    • Perform various monthly rebate accounting close procedures, including: accrual and reserve calculation, journal entry posting, select general ledger and A/R sub-ledger account reconciliation.
    • Coordinate collection of past-due rebate balances with A/R team.
    • Prepare work papers for year-end audit and assist outside auditors with year-end audit.
    • Partner with accounts payable auditors in their review of potential volume incentive claims.
    • Perform special projects and other related duties as assigned.



    Four-year college degree in accounting or finance


    Technical skills:

    • Proficient in MS Office Suite. Advanced skills in MS Excel.  Experience with MS Access.
    • Good understanding of internal controls
    • SAP experience preferred

    Previous experience:

    One to two years of accounting or financial analysis experience preferred.


    Other qualifications:

    • Organized self-starter, able to work independently
    • Ability to set priorities and meet deadlines on a regular basis
    • Ability to successfully handle multiple projects and priorities
    • Committed individual to take ownership and bring high personal standards to the workplace


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