
Commercial Finance Specialist
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Job Description
The Commercial Finance Specialist is responsible for daily administration of commercial finance processes, cooperating closely with other departments (division finance, customer service team, local sales support offices, sales representatives) on collecting and maintaining price information.
This role is the main contact person in case of any pricing/rebates queries, assisting in regular price updates (list prices, price increases, policies, and terms), new customer pricing & rebates agreement creation (based on the requests from local sales support or sales representatives), order queries (missing prices or discrepancies on the purchase orders) and generating the commercial reports (price lists, price comparison reports, price increase tracker and others).
The Commercial Finance Specialist reports to the Global Finance Operations Manager within the Pricing and Rebates area of the Global Finance Operations Team.
What You Will Do:
Pricing
- Setup and maintain list pricing.
- Yearly update of list prices for both Bioprocessing and Core in the SAP system.
- Price increase calculation, execution, and tracking.
- Springboard requests maintenance, approval, and governance.
- Create and maintain contract pricing, policies, and terms.
- Resolve pricing issues.
- Ad hoc requests from local sales support.
- Track and resolve issues with orders.
- Process the requests from Customer Service team in case of missing/incorrect customer pricing.
- Reach out to Agreement Owner, coordinate the price update in Springboard and report back to the Customer Service team.
Rebates
- Rebate agreement set-up.
- Creating a new rebate agreement via Springboard based on the request from local sales support.
- Other daily business support for the sales team & divisional finance.
- Ensure all operating procedures and audit controls are followed.
- Master data support.
- Customer grouping - hierarchies - to ensure the adequate pricing set up.
- Territory and account alignment (SAM).
- General deal administration and customer contract database maintenance.
- Data consolidation for reporting and projects.
Position Details:
- This is a hybrid role, based out of the King of Prussia, PA office.
Minimum Qualifications:
- Bachelors degree in Accounting, Finance, or a related field and 2 years of professional experience or 4 years of professional experience in a related field may be substituted in part
- Intermediate working knowledge of Microsoft Office, including Excel, Word, Outlook, and PowerPoint
- Immigration sponsorship not available for this role
Preferred Qualifications:
- Standard efficiency with Numeracy and English Literacy
- Strong understanding and aptitude toward Commercial Finance
- Aptitude toward good decision making and diligence
- Ability to work independently and a self-starter
- Strong attention to detail with sensitivity to deadlines
- Result-oriented, proactive, and possess a high level of integrity
Annual or Hourly Compensation Range
The pay range for this position is $53,500.00 - $80,300.00. Many factors are taken into consideration when determining compensation, such as experience, education, training, geography, etc. We comply with all minimum wage and overtime laws.
Benefits
Ecolab strives to provide comprehensive and market-competitive benefits to meet the needs of our associates and their families. Click here to see our benefits.
If you are viewing this posting on a site other than our Ecolab Career website, view our benefits at jobs.ecolab.com/working-here.
Potential Customer Requirements Notice
To meet customer requirements and comply with local or state regulations, applicants for certain customer-facing roles may need to:
- Undergo additional background screens and/or drug/alcohol testing for customer credentialing.
- Be fully vaccinated for COVID-19, including a booster if eligible, unless a religious or medical accommodation is requested by the applicant and approved by Ecolab.
Americans with Disabilities Act (ADA)
Ecolab will provide reasonable accommodation (such as a qualified sign language interpreter or other personal assistance) with our application process upon request as required to comply with applicable laws. If you have a disability and require accommodation assistance in this application process, please visit the Recruiting Support link in the footer of each page of our career website.
Automate your job search with Sonara.
Submit 10x as many applications with less effort than one manual application.
