Analyst Chargebacks

Medline; Maharashtra; On-site; INR 500,000 - 800,000; Full time

Job summary

Medline Industries India Pvt. Ltd. invites applications for a Rebates Analyst to handle the calculation and payment of customer rebates.

The role involves end-to-end processes from agreement management to accruals, with a focus on improving profitability across sales and product divisions. The candidate should have 2–4 years of accounting experience, strong MS Office skills, and exposure to IS systems. This is a direct, full-time position based in India with growth opportunities in a large

Qualifications

• Accounting skills with 2–4 years of experience.
• Experience with month-end accrual postings.
• Knowledge of basic accounting principles.
• IS experience preferred.
• Proficiency in MS Office (Excel & PowerPoint).
• Nice to have SAP and Vistex knowledge.
• Excellent communication skills.
• Ability to communicate effectively and influence without authority.
• Strong analytical, organizational and communication skills.
• Continuous improvement mindset.
• Flexible and good team player.

Responsibilities

• Calculating and processing payments for Customer Rebates.
• Interpretation of Agreement Clauses and setting up in Vistex.
• Creating and running reports for customers and management.
• Answering questions regarding payments and reports.
• Setting up, monitoring, and auditing rebate accruals and upcharges.
• Providing monthly reconciliation to Finance for month-end reporting.
• Collaborating with Sales and Finance to resolve rebates or interest.
• Interacting with stakeholders through clear communication with internal teams.
• Supporting ad-hoc projects as assigned.

Skills

Accounting

Month-end accruals

Basic accounting

IS experience

MS Office

Soft skills

Communication

Influence without authority

Analytical skills

Organizational skills

Continuous improvement mindset

Team player

Flexibility

Education

B.Com/MBA-Finance

Tools

MS Office

Excel

PowerPoint

SAP

Vistex

Job description

Job Summary

Responsible for processing chargeback submissions and researching and resolving related discrepancies. Communicate and work closely with management to align strategies that support continuous improvement for overall processes.

Rebates Analyst

About Medline:

Medline Industries India Pvt. Ltd. is engaged in providing offshore business support services to Medline Industries, LP & its global associate companies in the area of Information Services, Finance & Business processes Management. Medline Industries India Private Limited was set up in 2010 in Pune, India and, today we are a proud team of 900 plus associates supporting Medline’s healthcare vision across the USA, Europe & other International regions. Medline is America's largest privately-held national manufacturer and distributor of health care supplies and services. Today, Medline manufactures and distributes more than 550,000 medical products, encompassing medical-surgical items and one of the largest textile lines in the industry. With 17 manufacturing facilities worldwide and over 25 joint venture manufacturing plants worldwide, along with 40 distribution centers in North America and 50 throughout the world, Medline posted $ 20.2 billion in revenue last year.

Why Join Medline:

• Direct, full-time employment in a large, stable, rapidly growing and, yet profitable company.
• A privately owned company
• No ill effects of recent downturn/recession.
• First-rate compensation and benefits package.
• Genuine individual growth potential in this new establishment.
• Open door and highly ethical work culture, with due accountability.

Job Description:

The Rebate Analyst is responsible for the calculation and payment of Customer Rebates. This position will be responsible for the process start to finish, including tasks like agreement management, accrual setup, ensuring previous payments are completed, and processing future payments, and, monitoring rebate accruals and upcharges which have a direct impact on the net profitability of all sales and product divisions.

Required Skills:

• Work experience-Must
  • Accounting experience
  • Good knowledge of month end Accrual posting
  • Good understanding and knowledge of Basic accounting
  • IS experience
• Strong in MS Office (Excel and power point)
• Nice to have: SAP and Vistex Knowledge
• Soft skills
  • Excellent communication skills
  • Ability to communicate strongly and influence without authority
  • Exceptional analytical, organizational, and communication skills
  • Having Continuous improvement mindset
  • Flexibility and good team player

Responsibilities:

• Calculating and processing payments for Customer Rebates
• Agreement Clauses interpretation and setting up in Vistex basis the same
• Running and creating numerous reports for customers and Medline management in a timely fashion
• Answering any and all questions regarding said payments and reports
• Setting up, monitoring, and auditing all rebate accruals and upcharges for their respective rebates
• Providing a monthly reconciliation to Finance to ensure that any necessary accrual adjustments are included in month-end reporting
• Works directly with Sales and Finance to collect/resolve outstanding rebates or interest for accounts that are eligible for a rebate
• Interact with stake holders through transparent and smooth communication and internal teams
• Support on ad-hoc projects as assigned

Educational Qualification

• B.Com/MBA-Finance with good accounting skills--- 2 to 4 years

About Medline India:

Medline India was setup in 2010 in Pune, primarily as an offshore Development centre and to augment resources for Medline Industries LP headquartered in Chicago, USA. We are a 1500+ strong and growing team of technology, finance & and business support professionals who support our businesses worldwide towards a mission to make healthcare run better. We are proud to be certified as a ‘Great Place to Work’ by the Great Place to Work Institute® (India) for the duration May 2023 – May 2024. We are an organization with a conducive work environment, ample opportunities to learn, contribute and grow with a highly empowered & engaged team. We encourage our people to share their best ideas and create new opportunities for our customers and ourselves to work together to solve today’s toughest healthcare challenges.

About Medline Industries, LP:

Established in 1966, Medline Industries LP is a renowned global healthcare organization boasting 56 years of consecutive sales growth, exceeding $21 billion in annual sales. With a workforce of over 36,000 professionals spread across the globe, we operate in more than 125 countries and territories. As the largest privately held manufacturer and distributor of medical supplies in the United States, Medline is uniquely positioned to offer comprehensive products, education, and support across the continuum of care. At present, Medline Industries, LP holds the esteemed position as the #1 market leader, delivering an extensive portfolio of over 550,000 medical products and clinical solutions. Our clientele includes hospitals, extended care facilities, surgery centres, physician offices, home care agencies, providers, and retailers. We are proud to be recognized by Forbes as one of America’s Best Large Employers and Best Employers for Women. Additionally, the Chicago Tribune has consistently named us a Top Workplace for the past 12 years.