Customer Investment Accountant - Automotive Refinish

Now hiring! Customer Investment Accountant - Automotive Refinish

 

Southfield, MI

 

We are looking for a Customer Investment Accountant to join our Automotive Refinish team in Southfield, MI.

 

Come create chemistry with us!

 

BASF Automotive Refinish Coatings Solutions offers high-quality refinish paint brands and paint-related products to body shops from around the world. Our solutions are approved by the world’s leading automotive manufacturers for the repair of their vehicles. We provide collision centers with a vast array of solutions that help drive their business performance and efficiency.  At the heart of our business are our people and our trainers who take care of our customers’ needs including car painting skills, advanced body shop management solutions, and sophisticated management solutions.   

The Customer Investment Accountant is responsible for maintaining North America customer rebate and market investment contracts in SAP, reconciling and adjusting rebate and marketing investment accounts, and participating in month-end closing reporting activities. He/she plays a key role in determining that the business accurately and timely accounts for a major component of the P&L and Balance Sheet, providing support in this major area of the business, to enable it to grow. 

As a Customer Investment Accountant - Automotive Refinish, you create chemistry by...

Market Investments (MI)

• Validating monthly MI amortization amounts and process
• Preparing MI amortization & breach of contract summary file for monthly sales entry
• Being the end-to-end process expert for answering MI-related ad-hoc questions
• Preparing monthly account reconciliations
• Calculating and recording MI IFRS 9 reserves based on credit ratings
• Capitalizing new MI
• Recording MI true-ups, MPR adjustments, and impairments
• Calculating and accruing amortization manually on new deals
• Creating new customer contracts for each MI
• Participating in monthly Breach of Contract Meetings with Legal and Sales

Customer Rebates

• Preparing monthly reports
• Setting up and maintaining CCS contracts for all customers / rebate types
• Ensuring monthly rebate process runs correctly
• Viewing and reviewing the provision account for accuracy
• Reconciling accrual file monthly

Month-end Closing Activities

• Preparing and entering the bodyshopmall Canada and US entries
• Reviewing, preparing, and processing Technical/R&D Non-Trade Billing
• Preparing royalty Non-Trade Billing

Other

• Reviewing contracts for accounting impacts
• Ensuring compliance with internal guidelines
• Responding to internal and external audit queries and providing necessary documentation
• Handling ad hoc requests

If you have...

• University degree in Accounting or related discipline
• At least 2 years working experience in Accounting
• Knowledge of SAP and Microsoft Office
• A high level of service orientation
• Self-driven personality with a proactive working style
• Attention to details and the ability to meet deadlines
• Business Analysis capability
• Strong communication skills

Create your own chemistry with you@BASF

 

At BASF, you will have the chance to do meaningful work towards building a more sustainable future. In addition to competitive compensation and benefits, BASF provides you with access to a wide range of elements to help you be your best. It’s what we call you@BASF. We are committed to providing benefits, programs, and opportunities that support our employees’ overall well-being, personal growth, and a safe, collaborative, and inclusive work environment.

Just some of the many benefits we offer include:

• Flexible work arrangements whenever possible
• Highly competitive retirement savings plan with company match and investment options
• Well-being programs that include comprehensive mental health support for you and your household family members
• Family forming benefits (fertility, adoption and surrogacy reimbursement, maternity/parental leave, and more)
• Back-up child and elder care with discount programs for families of all ages and stages
• Mentoring and career development opportunities that allow you to share, learn, and thrive
• Matching gifts program that allows you to deepen