Gross Profit Audit Analyst

About the role

At Avnet, relationships matter. We are a global, FORTUNE ® 500 technology distributor and solutions company that delivers design, supply chain and logistics expertise to customers at every stage of a product's lifecycle. Our employees have a front row seat to the latest innovations shaping the world we live in and the future we share. We're driven to help our customers around the world succeed and we do so by earning the trust of some of the biggest names in technology. Working at Avnet means being a part of a global team. We work collaboratively and with integrity, doing business the right way. For more than a century, we have partnered together to help our customers, suppliers and teammates realize the transformative possibilities of technology. Experience what's next at Avnet! Job Summary: Audits and reviews transactional data impacting financial margin for possible margin enhancement and follows the process through to margin recovery. Principal Responsibilities: Audits billing reports, identifies profit leaks, provides margin adjustments to gross profit administration team and drives recovery actions. Audits asset related reports (e.g. price lists), addresses profit leaks and improves margin on supplier transactions. Executes supplier contract rights for obsolescence and price list removed products. Identifies other appropriate margin recovery solutions and engages with respective departments or suppliers. Monitors ship and debit claim rejects, and elevates to gross profit administration team when needed. Analyzes customer volume purchase agreements. Provides analysis and recommendations to the business teams. Monitors and communicates status on supplier bonus programs to sales and assets. Audits supplier reconciliation reports and takes appropriate actions. Audits supplier rebate programs, including forecasting and variance analysis. Prepares and distributes margin adjustment report and reconciles month-end numbers. Participate in supplier business reviews as required by management. Other duties as assigned. Job Level Specifications: Foundational knowledge of specialized disciplines, industry practices and standards, acquired via academic instruction and/or relevant work experience of substantially the same level. Develops solutions to defined tasks, typical assignments and projects. May be solved by the application of specialized foundational knowledge, using existing approaches and solutions. Work is usually performed independently and requires the exercise of judgment and discretion. Receives initial direction although work may be reviewed for accuracy and quality. Collaborates with immediate management and team members within the department or function. Work Experience: Typically less than 2 years with bachelor's or equivalent. Education and Certification(s): Bachelor's degree or equivalent experience from which comparable knowledge and job skills can be obtained. #LI-HYBRID

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