Accounts Receivable Deduction Analyst
PharmaviteAbout the role
HELP US BRING THE GIFT OF HEALTH TO LIFE.
Working at Pharmavite is an experience like no other. With a focus on complete nutrition for all, each endeavor is urgent and every day counts. You'll have the opportunity to work on the #1 selling national vitamin and supplement brand, Nature Made, as well as an exciting portfolio of other products that are shaping the future of the healthy living industry. Consumer-driven innovation, high quality products and a promising portfolio, all driven by a team with a shared sense of purpose -- that's Pharmavite. Join us to bring the gift of health to life.
This role is not available for sponsorship, including I-983 participation.
POSITION SUMMARY
The AR Deduction Analyst, MegaFood is responsible for accurate and timely tracking and processing of trade promotion claims, deductions and disputes. Trade promotion actualization, matching sales adjustments with planned promotional events. AR Deductions Analyst reports to the MegaFood Accounting Operations Manager.
KEY RESPONSIBILITIES
- Accurate tracking, research and timely resolution of customer deductions, chargebacks and disputes, validating claims against contracts.
- Effective communication with internal and external teams on status and resolution.
- Prepares and enters sales adjustments for retailers ensuring proper reason code and general ledger account assignment.
- Applies and reconciles cash receipts ensuring AR Ledger is current.
- Assist in implementation and maintenance of a strong system of internal controls, ensuring accurate tracking of claims and timely resolution.
- Updates SOPs so they remain current and utilizes chargeback expertise to identify enhancements
- Provides detailed documentation and support to retailers in order to facilitate collection of monies owed, follows up to collect invalid deductions.
THE CANDIDATE
Ideal Candidate Profile:
The ideal candidate will have top notch organizational and communication skills (written and verbal) while having advanced Microsoft Excel skills and proficient with accounts receivable modules within ERP systems. Candidate must have strong attention to detail and problem-solving abilities.
CRITICAL SUCCESS FACTORS
You’ll be most successful in this role if you have:
- Desire to build strong internal and external partnerships to achieve shared goals and make recommendations for improvements
- Customer service orientation
- Demonstrated understanding of promotional concepts.
- Skills to identify, troubleshoot and resolve accounting discrepancies
CAPABILITIES & SKILLS REQUIRED
In order to take on these challenges, you’ll need to have:
- Minimum 3 years experience in deductions or charge-back processing (CPG experience preferred).
- Bachelor’s degree in Accounting or related field
- ERP experience required, Dynamics BC365 a plus
- Self-motivated with high attention to detail; owns processes and drives success to meet deadlines
- Excellent written and verbal communication skills.
- Strong proficiency in Microsoft Excel and Office Suite.
- Understanding of Sales Trade Spend accounting.
- Logical reasoning, complex problem-solving and analytical skillset.
OUR OFFER
Here, career paths aren't predefined, and bureaucratic limitations don't exist -- you have the opportunity to grow, learn from industry pioneers, and develop the way you want to. Pharmavite is investing more in the development of our team -- to help us deliver on our purpose and help you achieve your career aspirations. Our environment is geared to fuel curiosity, encourage experimentation, and generate learning as this is the way we develop ourselves and our organization.
Pharmavite is committed to meeting the needs of our employees and their families with a Total Rewards package that's as comprehensive as the vitamins and supplements we deliver to consumers. With competitive compensation programs and standout benefits, we provide employees with optimal health and well-being -- as well as peace of mind. These rewards -- plus our new recognition program -- ensure employees feel supported both at work and home.
SALARY RANGE
National Target Base Pay Range: $53,000.00 - $88,000.00. The salary range for this position is based on
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