Commercial Accountant

If you live in Ireland and hold a VALID WORK PERMIT, please feel free to contact us to discuss the job below. However, if you do not hold a valid work permit unfortunately, we will not be able to respond to your application nor assist you at this time.

We would like to wish you all the best in your job search.

Commercial Accountant

Our client is a global leader in the manufacturing and sale of premium ignition products, serving customers worldwide. With a strong commitment to innovation, performance, and reliability, the company has established itself as a trusted brand in the industry. As a leading player in the market, our client is dedicated to delivering exceptional products that meet the evolving needs of its customers. With a presence in Co. Louth, Ireland, the company is seeking a talented Commercial Accountant to join their team. This exciting opportunity offers the chance to contribute to the company's continued success and growth, while working with a dynamic and innovative organisation.

Overview

Control and understanding of all of the costs, risks and benefits associated with selling through Distributors is fundamental to this role. The role is accountable to the Financial Controller/ Finance Director

Key tasks:

• Preparation of the monthly accruals in close co-operation with the Trading Controllers
• Consolidating Distributor sales reports into a Global report
• Analysing Distributor data and information to verify costs are valid.
• Developing a thorough understanding of the Distributor contracts and what the terms mean in practice.
• Maintenance of the Master Data Costings file and creator of new Cost of Goods as required by the business.
• Responsible for maintenance and control of Distributor price changes suggested by Trading Controllers
• Developing a Product P&L template for each Market to build new product pricing and implementing a consistent process for evaluating new opportunities.

Details

REBATES - Deductions from Gross to Net Revenue

• All rebates/trade promotion/distributor bonus/WAP/miscellaneous deductions to be under the full control of the Commercial Accountant
• All trade terms to be monitored and reconciled to rebate control workbook and any discrepancies investigated and reconciled without delay in conjunction with Trading Controller/Trading Managers.
• Maintain master file of all trade terms when trade negotiations are completed with all the necessary backup of contracts as required.
• All deduction invoices to be under Commercial Accountant control for signing off by Trading Controllers/Managers.
• Manage and fully understand monthly rebate accrual calculation.
• Manage and fully understand monthly trade promotion accrual calculation.
• Manage and fully understand WAP accrual calculation.
• Manage and fully understand distributor bonus accrual calculation.
• Manage and fully understand any other miscellaneous deduction accrual calculation.

OTHER

• Monthly NIV reports to be updated and distributed in timely fashion.
• Other ad hoc reports that may arise to be maintained and distributed as required.

COMMERCIALS

• Work closely with Trading Manager when preparing commercials for entry into a new market. Commercials must only come from Commercial Accountant for final presentation to MD/Sales Director with full backup/understanding of methodology and pricing used.
• Evaluation of existing products for changing circumstances, (COGs RRPs, market conditions, etc.)
• Profitability models
• Create and maintain (quarterly) a Retailer Profitability file for each core Market.
• Update and maintain transfer pricing documents and ensure each Distributor contract has an up to date and accurate price list (Appendix A/ Schedule 1).
• Maintenance of the Master Data Costings file and creator of new Cost of Goods as required by the business.

#INDDNDLK24