Supplier Income and Promotional Coop Coordinator

MicroSourcing


Date: 1 day ago
City: Pasay
Contract type: Full time
Discover your 100% YOU with MicroSourcing!

Position:
Supplier Income and Promotional Coop Coordinator

Location: Mall of Asia, Pasay

Work setup & shift: WFH

Why join MicroSourcing?

You'll Have

  • Competitive Rewards: Enjoy above-market compensation, healthcare coverage on day one, plus one or more dependents, paid time-off with cash conversion, group life insurance, and performance bonuses.
  • A Collaborative Spirit: Contribute to a positive and engaging work environment by participating in company-sponsored events and activities.
  • Work-Life Harmony: Enjoy the balance between work and life that suits you with flexible work arrangements.
  • Career Growth: Take advantage of opportunities for continuous learning and career advancement.
  • Inclusive Teamwork: Be part of a team that celebrates diversity and fosters an inclusive culture.

Responsibilities Include

Supplier Income Management:

  • Maintain accurate records of all supplier income agreements and trading terms contracts.
  • Monitor and track supplier income payments, ensuring they are received on time.
  • Reconcile invoices and payments to ensure accuracy and resolve discrepancies.
  • Collaborate with the finance department to allocate and account for supplier income.

Promotional Coop Program Coordination:

  • Work closely with suppliers to plan and execute cooperative marketing and promotional campaigns.
  • Ensure financial compliance to promotional rate card program by the merchandise and marketing teams, reporting variances to the agreed promotional rate card rates to the GM of preferred suppliers and merchandising.
  • Coordinate the on-time accurate loading of the monthly promotional case deals.

Communication and Collaboration:

  • Act as a liaison between the company and suppliers, maintaining open and effective communication channels.
  • Collaborate with the merchandise team to ensure accurate invoicing of coop programs and coordinate feedback on supplier payment performance.
  • Ensure that all parties involved are informed about the status and progress of supplier income and coop initiatives.

Compliance and Documentation:

  • Stay up to date with relevant laws and regulations related to supplier income and coop programs.
  • Ensure that all agreements and contracts are executed accurately and comply with legal and company requirements.
  • Maintain organized documentation for all supplier income and promotional coop transactions.
  • Ensure supplier income governance is accurate and complaint with UP financial processes.
  • Maintain master files for supplier trading terms and regularly update and audit the master file to ensure accuracy in rebate compliance and claims.

Financial Analysis and Reporting:

  • Prepare regular financial reports related to supplier income, coop program expenses, and ROI.
  • Analyze financial data to identify trends, opportunities, and areas for improvement.
  • Provide recommendations for optimizing supplier income and coop program strategies.
  • Meet EOM reporting timeframes for preparation of Supplier Income Reporting and Analysis reports.

Qualifications And Experience

  • Qualifications in Business, Finance and Administration Fields preferred.
  • Previous experience in supplier income management, cooperative marketing, or a related field.
  • Strong analytical and financial skills.
  • Excellent communication and negotiation abilities.
  • Proficiency in spreadsheet software (e.g., Microsoft Excel) and financial analysis tools.
  • Attention to detail and a commitment to accuracy.
  • Knowledge of relevant industry regulations and compliance requirements.

About MicroSourcing

With over 9,000 professionals across 13 delivery centers, MicroSourcing is the pioneer and largest offshore provider of managed services in the Philippines.

Our commitment to 100% YOU

MicroSourcing firmly believes that our company's strength lies in our people's diversity and talent. We are proud to foster an inclusive culture that embraces individuals of all races, genders, ethnicities, abilities, and backgrounds. We provide space for everyone, embracing different perspectives, and making room for opportunities for each individual to thrive.

At MicroSourcing, equality is not merely a slogan - it's our commitment. Our way of life. Here, we don't just accept your unique authentic self - we celebrate it, valuing every individual's contribution to our collective success and growth.

Join us in celebrating YOU and your 100%!

For more information, visit https://www.microsourcing.com/

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