At a Glance
- Tasks: Manage customer rebates and trade promotions in a fast-paced FMCG environment.
- Company: Join Vitabiotics, the UK's No.1 vitamin company with a culture of innovation and teamwork.
- Benefits: Enjoy competitive salary, private medical insurance, and 24 days annual leave plus bank holidays.
- Other info: Hybrid work model with opportunities for professional development and career growth.
- Why this job: Make a real impact in financial accuracy while working with a diverse and talented team.
- Qualifications: Experience in rebates management and strong analytical skills required.
The predicted salary is between 35000 - 45000 £ per year.
Location: North West London, NW2 7HF
Salary: Competitive + Bonus
Hours: Monday – Friday 9:00am – 6:00pm + 1 hour lunch break
Hybrid: 3 days in office, 2 days working from home. Start date: Immediate
Our business… At Vitabiotics, you'll find a diverse bunch of talented folk who come from a wide range of backgrounds and possess an extensive array of experience. What brings us all together is a culture that thrives on innovation, mutual respect, teamwork and a sense of commitment. Vitabiotics is truly a great place to work!
Vitabiotics has pioneered advances in nutritional healthcare products for over 50 years and the range includes many of Britain’s leading supplement brands such as Perfectil, Pregnacare, Wellman, Wellwoman and Menopace. As the UK’s No.1 vitamin company, exporting to over 100 countries, Vitabiotics is widely acknowledged as leaders in innovation and in 2018 became the first vitamin company to twice receive the Queen’s Award for Innovation, awarded for its groundbreaking clinical research.
About the role: As part of our commitment to innovation and development, we’re looking for a Rebates Controller. You will be responsible for the accurate management, calculation, accounting, and settlement of customer rebates, trade promotions, and incentive agreements within a fast-paced FMCG environment. The role ensures financial accuracy, compliance with rebate contracts, and strong collaboration with Sales, Commercial, and Supply Chain teams.
Responsibilities will include…
- Rebate Management & Accounting: Own the end-to-end rebate process, from contract setup to accrual, validation, and settlement. Ensure rebate accruals are accurately calculated, posted, and reconciled in line with accounting standards (e.g. IFRS 15). Review rebate agreements to ensure correct financial treatment and system setup. Review payments/deductions made to suppliers and third-party companies to ensure accuracy and compliance. Identify, investigate, and resolve any historical overpayments or duplicate payments. Review of customer audit claims and debit notes raised. Maintain clear audit trails and documentation for all investigations. Work closely with AP, AR, and Finance teams to strengthen internal controls and prevent future discrepancies.
- Controls & Compliance: Maintain robust internal controls over rebate and customer deduction processes. Ensure compliance with internal policies, audit requirements, and external regulations. Support internal and external audits by providing documentation and explanations. Manage a portfolio of customer accounts, ensuring timely collection of outstanding debt. Monitor aged debt, proactively reducing overdue balances and improving DSO. Build and maintain strong relationships with customers to resolve queries efficiently. Allocate incoming payments accurately and promptly.
- Reporting & Analysis: Produce detailed rebate reporting for Finance, Sales, and Commercial teams. Support month-end close activities related to rebates and trade spend including reconciliations and reporting.
- Stakeholder Management: Act as the key finance contact for Sales and Commercial teams on rebate matters. Resolve customer rebate queries and disputes in a timely manner.
- Systems & Process Improvement: Clear understanding and timely accounting of supplier deductions. Support system enhancements, automation initiatives, and process standardisation. Drive efficiency improvements in rebate tracking and settlement cycles.
Key Skills & Competencies: Strong attention to detail and high level of financial accuracy. Excellent analytical and problem-solving skills. Ability to manage high volumes of data in a fast-moving environment. Strong communication skills with both finance and non-finance stakeholders. Proactive mindset with a focus on continuous improvement.
Requirements: Proven experience identifying, investigating and chasing over-payments within an FMCG environment. Hands-on experience managing rebates, trade spend, or promotional accounting. Previous experience in credit control, within an FMCG or a fast-paced commercial environment would be beneficial. Strong understanding of the order-to-cash cycle and financial controls. Excellent communication and relationship-building skills. High attention to detail with strong investigative and problem-solving abilities. Confident working with large volumes of data and transactional information. Proficient in Excel and ERP systems (SAP, Oracle, or similar).
What Success Looks Like in This Role: Identification and recovery of historical overpayments. Accurate and timely rebate accruals and settlements. Clean audits with no material findings related to rebates. Strong partnerships with Sales and Commercial teams. Improved visibility and control over trade spend.
Benefits: 24 days annual leave plus bank holidays. Birthday day off. Bupa dental cover. Private medical insurance. 50% staff discount on all Vitabiotics products. Staff skills training. Health and wellbeing programme. Pension contributions. Sick pay support. Free onsite parking. Enhanced maternity or paternity leave. Company events. Fresh fruit and snacks. 2 Charity days a year. Free EV charging station.
Rebates Controller (12-month FTC) in London employer: Vitabiotics
Vitabiotics is an exceptional employer that fosters a culture of innovation, teamwork, and mutual respect, making it a fantastic place to grow your career. With competitive salaries, comprehensive benefits including private medical insurance and generous leave policies, employees enjoy a supportive work environment that prioritises their well-being and professional development. Located in North West London, the hybrid working model allows for flexibility while being part of a leading company in nutritional healthcare, recognised for its commitment to excellence and groundbreaking research.
StudySmarter Expert Advice🤫
We think this is how you could land Rebates Controller (12-month FTC) in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their products and values, especially since Vitabiotics is all about innovation and teamwork. Tailor your answers to show how you fit right in!
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or use online resources to get comfortable with common questions. The more you practice, the more confident you'll feel when it’s time to shine.
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email can leave a lasting impression and shows your enthusiasm for the role. Plus, it keeps you on their radar as they make their decision.
We think you need these skills to ace Rebates Controller (12-month FTC) in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Rebates Controller role. Highlight your experience in managing rebates and financial accuracy, and don’t forget to mention any relevant FMCG experience. We want to see how you fit into our innovative culture!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your skills align with what we’re looking for. Be sure to mention your problem-solving abilities and attention to detail, as these are key for us.
Showcase Your Analytical Skills:In your application, make sure to showcase your analytical skills and experience with data management. We love candidates who can handle high volumes of data and have a proactive mindset towards continuous improvement. Let us know how you've done this in the past!
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy and ensures your application goes directly to us. Plus, we can’t wait to see what you bring to the table!
How to prepare for a job interview at Vitabiotics
✨Know Your Numbers
As a Rebates Controller, you'll be dealing with a lot of financial data. Brush up on your knowledge of rebate calculations and accounting standards like IFRS 15. Be ready to discuss how you've managed similar processes in the past.
✨Showcase Your Problem-Solving Skills
Prepare examples of how you've identified and resolved overpayments or discrepancies in previous roles. Highlight your analytical skills and how you approach problem-solving in a fast-paced environment.
✨Communicate Effectively
You'll need to collaborate with various teams, so practice explaining complex financial concepts in simple terms. Think of examples where you've successfully communicated with non-finance stakeholders to resolve issues.
✨Demonstrate Your Attention to Detail
In this role, accuracy is key. Be prepared to discuss how you ensure precision in your work, whether it's through double-checking figures or maintaining clear audit trails. Share specific instances where your attention to detail made a difference.