Rebate Accountant (GL Team)

Posted 10 Days Ago
Be an Early Applicant
Pune, Mahārāshtra, IND
In-Office
Mid level
Industrial • Manufacturing
The Role
Calculates and maintains customer rebate accruals, provisions, claims, reconciliations, journal entries, and settlements. Ensures compliance with accounting policies, internal controls, and IFRS 15. Supports audits and month-end/year-end close activities, maintains rebate master data, monitors utilization, analyzes trends, and drives process improvements while collaborating with Sales, Commercial, Controlling, and Finance teams.
Summary Generated by Built In

Here’s some of the other things you can look forward to:

  • Calculate and maintain customer rebate accruals basis contractual terms (volume, growth, promotional, special rebates)

  • Ensure accurate monthly/quarterly rebate provisions in line with sales performance

  • Reconcile rebate balances between customer agreements, sales data, and finance records

  • Process rebate claims and coordinate with Sales, Commercial, and Controlling teams for validation and approval

  • Monitor rebate utilization vs. accruals and identify over/under provisions

  • Prepare journal entries for rebate accruals, reversals, and settlements

  • Ensure compliance with internal controls and accounting policies (including revenue recognition alignment where applicable)

  • Support audits by providing documentation and justification for rebate calculations

  • Maintain and update rebate master data and agreements

  • Drive process improvements in rebate process across various segments

  • Assist in month-end and year-end closing activities related to rebates

  • Contribute to RtR month-end activities like accruals, prepaid journal postings during periods of lower rebate workload

  • Analyze rebate trends and provide insights to support commercial decision-making

What do you need to be successful in this role?

  • Bachelor’s degree in accounting, Finance

  • Minimum 3 years of relevant accounting experience.

  • Good understanding of IFRS15, rebate accounting, accruals, settlements, reconciliations, and related financial impacts.

  • Knowledge of internal controls, accounting policies, and compliance requirements.

  • Proficient in Microsoft Office, particularly Excel; good command of written and spoken English.

  • Experience with ERP systems such as SAP or Microsoft Dynamics 365 (D365) is an advantage.

Sounds like a match?

Welcome to apply! Click the ‘Apply for position’ button in the top-right corner and submit your application letter with a CV in English via our recruitment system.

Application due

2026-10-18

Seniority Level

Associate

Job Functions

Accounting / Auditing

Industry

Chemicals

At Hempel, you’re welcomed to a global community of +7000 colleagues around the world. A workplace built on shared trust, mutual respect and support for each other. 

We’re on a mission to double our impact. To succeed, we need bright minds and team players. Which is why, from day one, your input, ideas and initiative are not only welcomed, but expected. In return, you will enjoy great opportunities for development in a growing global company – and be part of the solution by contributing to our global impact. 

At Hempel, we are committed to everyone feeling safe, valued and treated equally, in an environment where each employee can bring their authentic selves to work.  We believe that inclusion is key to innovation and by bringing together the most diverse perspectives and talents,  we can achieve great things, together.

Skills Required

  • Bachelor’s degree in Accounting or Finance
  • Minimum 3 years of relevant accounting experience
  • Understanding of IFRS 15, rebate accounting, accruals, settlements, reconciliations, and related financial impacts
  • Knowledge of internal controls, accounting policies, and compliance requirements
  • Proficiency in Microsoft Office, particularly Excel
  • Good written and spoken English
  • Experience with ERP systems such as SAP or Microsoft Dynamics 365
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The Company
HQ: Kongens Lyngby
3,464 Employees
Year Founded: 1915

What We Do

As a world-leading supplier of trusted coating solutions, Hempel is a global company with strong values, working with customers in the decorative, marine, infrastructure and energy industries. Hempel factories, R&D centres and stock points are established in every region. Hempel’s paints and coatings protect and beautify buildings, infrastructure and other assets, and play an essential role in our customers’ businesses. They help minimise maintenance costs, improve aesthetics and increase energy efficiency. At Hempel, our purpose is to shape a brighter future with sustainable coating solutions. We firmly believe that we will succeed as a business only if we place sustainability at our heart. Not only is it the right thing to do, it will strengthen our competitive position, make ourselves more resilient and reduce our risk. Hempel was founded in Copenhagen, Denmark in 1915. It is proudly owned by the Hempel Foundation, which ensures a solid economic base for the Hempel Group and supports cultural, social, humanitarian and scientific purposes around the world

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