Financial Analyst, Floor Covering Division

Milliken & Company is a global manufacturing leader whose focus on materials science delivers tomorrow’s breakthroughs today. From industry-leading molecules to sustainable innovations, Milliken creates products that enhance people’s lives and deliver solutions for its customers and communities. Drawing on thousands of patents and a portfolio with applications across the textile, flooring, chemical and healthcare businesses, the company harnesses a shared sense of integrity and excellence to positively impact the world for generations. Discover more about Milliken’s curious minds and inspired solutions at Milliken.com and on Facebook, Instagram, LinkedIn and Twitter.

 

POSITION TITLE

Business Analyst, Floor Covering Division

 

POSITION OVERVIEW

This position is located in Spartanburg, SC, and is responsible for supporting the global finance team on various period accounting processes, pricing, and sales incentive programs. This role reports to the Floor Covering Division Controller. After an introductory period, there is the potential for a hybrid work option (2 days a week).

 

JOB RESPONSIBILITIES

• Maintain global Commercial, Hospitality and Residential pricing and commissions in SAP, including upcharges, promotions, and enhancements. Perform a daily check of the prior day’s orders in SAP, validating order type, pricing, and commission assignment accuracy. Work with customer service and/or sales representatives to resolve any pricing and commission issues.

 

• Help administer the Sales Incentive Program for our sales teams. Analyze and validate sales and margin data. Calculate, pay, and accrue incentive payments in proprietary incentive application based on plan provisions. Create, publish, and maintain incentive compensation statements. Investigate sales associate questions regarding their YTD invoice and commission summaries.  Explain why pricing/commission is correct or revise as appropriate. Determine if the error is one-off or systematic and make the necessary change(s) in SAP.  Seek necessary approvals where changes in pricing, commissions or splits are requested. Cultivate and nourish professional relationships to foster an ongoing environment of approachability, confidentiality, and trust.

 

 

• Receive and process specification fees/dealer and contract rebates. Ensure proper authorizations are received, initiate new customer set up for payment, and calculate point and commission deductions after related order has invoiced. Post deductions to sales incentives via global sales incentive tool as applicable. This task coordinates with sales