Rebate Accountant

UPL Limited (NSE: UPL & BSE: 512070, LSE: UPLL) is a global provider of sustainable agriculture products and solutions, with annual revenue exceeding $6bn. We are a purpose-led company. Through OpenAg®, UPL is focused on accelerating progress for the food system. We are building a network that is reimagining sustainability, redefining the way an entire industry thinks and works – open to fresh ideas, innovation, and new answers as we strive towards our mission to make every single food product more sustainable. As one of the largest agriculture solutions companies worldwide, our robust portfolio consists of biologicals and traditional crop protection solutions with more than 14,000 registrations. We are present in more than 130 countries, represented by more than 10,000 colleagues globally. For more information about our integrated portfolio of solutions across the food value chain including seeds, post-harvest, as well as physical and digital services, please visit upl-ltd.com and follow us on LinkedIn, Twitter, Instagram and Facebook.

 

 

JOB SUMMARY: The role holder will have a strong fundamental understanding of accounting principles and will be responsible for the following: rebate accounting, analysis, and relevant statutory and compliance support. The role will also touch upon many enhancement projects to improve processes and efficiency (Ivalua No PO No Pay, and S4Hana) and governmental compliance (escheatment process development). This role will also be training teams on SAP OCR technology to improve efficiency and accuracy of transactions, be the reviewer of transactions to ensure OCR working as designed and support tax related matters such as R&D Tax Credit and compliances with regards to improved maintenance of Tax-Exempt Certificates and W8 renewals.

 

JOB RESPONSIBILITES:

• Partner with Marketing teams on program updates throughout the campaign year and sharing insights.
• Review calculations and payments in compliance with all executed agreements inclusive of all details such as the customer, pricing, and contract terms set up within the rebate system in SAP.
• Function as the SAP rebate data subject matter expert- performing data mapping and validation, verification of calculations, master data and contract maintenance, and rebate processing.
• Responsible for identifying, analyzing, and solving data problems related to rebate contract management systems and tools.
• Maintain a good working relationship with counterparts in marketing with other business partners to ensure a timely flow of information, resolve data issues, discuss utilization and payment variances, and additional research as needed.
• Perform all data and process controls.
• Monthly review and oversight of rebate accrual position in line with estimated rebate obligations.
• Support documentation of the process flow from point of initial program development to execution of final rebate payments.
• OCR Technology training to support less rework and improved accuracy.
• Support bank verifications and change requests.
• Support enhancement projects underway for Ivalua and S4Hana, freight file improvement project (supporting accuracy of Freight accruals).
• Support Tax Exempt Certificates, W8 renewals, Withholding Tax implications, and working with IT, tax and billing teams to ensure compliance with US and Canadian governmental regulations.
• Develop and implement for UPL US entities a robust outstanding check escheatment process for governmental compliance.
• Must work across organization boundaries and all levels of the company to achieve regional or corporate objectives.
• Support multiples audits, external and in