Deduction Analyst
Job Details
Entry
Kettle Cuisine - Lynn, MA
Full Time
4 Year Degree
Undisclosed
None
Day
Accounting
Description

Role and Responsibilities

The Deduction Analyst will be responsible for managing deductions and supporting the sales team in the management of trade programs.  The individual in this role will work closely with Sales, Operations and Accounting as well as with our customers, distributors and broker partners. This is an opportunity to exercise analytical skills, organizational skills, communication skills, and help drive improved financial performance. The ideal candidate is organized, detail oriented, analytical in nature, and wants to work in a fast-paced environment.

 

  • Obtain and analyze backup documentation for deductions and billbacks and determine their legitimacy
  • Approve or route for approval against active contracts, and process to the appropriate general ledger accounts
  • Organize, submit and track customer and carrier claims and work cross-functionally to recoup illegitimate deductions
  • Assist the Trade Program Specialist with monitoring customer and partner compliance to trade spending programs, alerting the sales team about illegitimate deductions, and devising enforcement action and/or repayment plans
  • Validate and approve payment requests from sales team pertaining to distributor and operator rebates, marketing programs, shows, and discounts
  • Identify opportunities to improve systems and processes
  • General accounting duties: Assist with month end close, journal entries, account reconciliations, annual audit and special projects as needed; serve as cross-trained backup on Accounts Receivable processes as needed
Qualifications

Qualifications and Experience

  • Experience in Accounting, Finance or Trade/Deduction Processing
  • Bachelor’s degree with business related concentration
  • Good interpersonal & communication skills (oral and written) and ability to interact and communicate effectively with employees at all levels  
  • Sophisticated Excel user with proven ability to learn new systems  
  • Experience in food manufacturing preferred but not required 
  • Financial and business acumen

Required attributes

  • Self-starter able to conceptualize and drive initiatives forward; able to work from home, given COVID
  • Positive attitude and motivated by contributing to the overall success of the team
  • Able to develop strong relationships with internal and external stakeholders
  • Creative problem solving skills and analytical approach
  • Obsessive attention to detail, well organized and able to juggle many projects at once
  • Comfortable moving at a fast pace and in ambiguous environments
  • Willing to address difficult situations head on with patience and respect
  • Tenacious
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