Deductions Analyst

Job Description

This company is seeking a detail-oriented and analytical professional to join our team as a Deductions Analyst. The successful candidate will play a crucial role in managing deductions, calculating commissions, overseeing trade spend accrual, and conducting sales reporting and analysis on a weekly, monthly, and quarterly basis. The Deductions Analyst will collaborate with cross-functional teams to ensure accuracy in financial transactions and support overall financial integrity.

Role & Responsibilities

* Deductions Management
* Interacts with customers to investigate and analyze deductions and identify root causes and resolve discrepancies.
* Work closely with sales, finance, and customer service teams to validate and process deduction claims.
* Maintain accurate and up-to-date records of deduction transactions.
* Interacts with customers to understand and resolve the deductions
* Commissions Calculation
* Develop and implement commission calculation processes.
* Verify and validate commission data, ensuring accuracy and completeness.
* Collaborate with sales and finance department to address inquiries related to commissions.
* Trade Spend Accrual
* Monitor and manage trade spend accruals in accordance with company policies.
* Analyze promotional activities and trade spend to ensure proper accounting treatment.
* Collaborate with sales and marketing teams to validate trade spend accruals.
* Weekly, Monthly, and Quarterly Sales Reporting & Analysis:
* Generate and analyze weekly, monthly, and quarterly sales reports.
* Provide insights and recommendations based on sales performance analysis.
* Collaborate with finance and sales teams to ensure timely and accurate reporting.

Skills & Qualifications

* Bachelor's degree in finance, accounting, or related field.
* Proven experience in deductions management, commissions calculation, and trade spend accrual within a corporate setting.
* Strong analytical skills with attention to detail and accuracy.
* Proficient in using financial software and Microsoft Excel for data analysis.
* Excellent communication and interpersonal skills for collaboration across departments.
* Ability to work under tight deadlines and prioritise tasks effectively.
* Knowledge of ERP systems and experience with data visualisation tools.
* Familiarity with the Food and CPG industry.
* Understanding of accounting principles and financial reporting.

Benefits

* Health care
* Dental
* 401k