Megan Smith is a results-oriented professional currently serving as the Director of Sales Rebates and Contracts at Welbilt Inc., where she leverages her extensive expertise as a licensed CPA to drive financial performance and enhance operational efficiency. With a strong foundation in financial and business...
Megan Smith is a results-oriented professional currently serving as the Director of Sales Rebates and Contracts at Welbilt Inc., where she leverages her extensive expertise as a licensed CPA to drive financial performance and enhance operational efficiency. With a strong foundation in financial and business process implementations, Megan plays a pivotal role in the creation, negotiation, execution, compliance, and renewal of all U.S. sales and rebate contracts, as well as external representative commission agreements. Her ability to develop comprehensive financial modeling not only maximizes profitability but also mitigates risks associated with new agreements, ensuring that Welbilt remains competitive in the dynamic foodservice industry.
Megan's responsibilities extend beyond contract management; she is instrumental in establishing robust internal controls that facilitate the accurate recording and reconciliation of over $150 million in rebate accruals. Her analytical and critical thinking skills enable her to conduct in-depth margin analysis and forecasting, which are essential for strategic decision-making and budgetary planning. Additionally, her supervisory experience across accounts receivable, accounts payable, general ledger, payroll, cost accounting, and purchasing equips her with a holistic understanding of financial operations, allowing her to implement process improvements that enhance overall efficiency.
As an effective communicator, Megan excels in collaborating with cross-functional teams to drive shared services initiatives and optimize financial reporting through tools like Hyperion Financial Management (HFM). Her commitment to excellence and continuous improvement positions her as a key contributor to Welbilt's success, making her a respected leader in the field of financial management and contract negotiation.
