Gross Profit Audit Coordinator

Who We Are:
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 the gross profit transactional data impacting the financial margin for accuracy. Initiates debits, credits and rebill requests in a timely and accurate manner within contract specifications.

Principal Responsibilities:

- Audits daily price decrease reports to ensure validity of costs.
- Communicates with suppliers and processes debits for cost decreases of inventory on hand to recoup gross profit.
- Researches discrepancies brought up by supplier. Dispositions supplier disputes as necessary.
- Audits invoice cost discrepancies and determines validity of cost billed. Adjusts inventory cost or debits supplier and prepares corrections to P & L.
- Maintains inventory cost by auditing inventory transactions and adjusting inventory cost accordingly. Processes debit memos to supplier and corrections to P & L.
- Submits claims, resolves rejections and determines root cause on all ship and debit preapproval rejections.
- Provides documents, screens prints, other data to supplier audit teams for compliance and inventory reconciliation purposes.
- Prepares various reports to track dollars, line items, and monthly department activity.
- Other duties as assigned.

Job Level Specifications:

- Acquired and applies working knowledge of the organization, job, practices and procedures to be proficient in all aspects of job.
- Performs functions semi-routine in nature and recognizes the need for occasional alternative solutions.
- Work is performed independently, with mínimal supervision. Able to establish priorities and manage time to complete work.
- Collaboration with other departments or teams may be required to perform role. May frequently respond to requests from others, internally or externally.
- Impact of decisions may affect the department. Errors may result in loss of time, resources and/or customer satisfaction.

Work Experience:

- Typically requires a minimum of two years of related experience.

Education and Certification(s):

- High School Diploma or equivalent

Distinguishing Characteristics:
What We Offer:
Our employees work hard to live our values and help us grow. Our total rewards strategy supports Avnet’s ability to attract, engage, develop, and reward our employees, while promoting a diverse and inclusive environment. We offer competitive compensation and benefit programs — from time away and flexible working arrangements to programs supporting employee well-being and opportunities to give back to your community.- Generous Paid Time Off- Savings Fund- Paid Holidays- Medical, Dental, Vision and Life Insurance- Education Assistance- Employee Development Resources- Employee Wellness, Leadership Development, and Mentorship Programs- Year-End Bonus- Food Coupons

Benefits listed above may vary depending on the nature of your employment with Avnet.

The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills.