Demo

Deduction Analyst

FuseGlobal
Bridgewater, NJ Full Time
POSTED ON 2/17/2025
AVAILABLE BEFORE 5/15/2025

Job Description

Job Description

Title : Deduction Analyst - Business Unit Control

Location : Bridgewater, NJ

Company : Fortune 100 Food & Beverage Manufacturing (FuseGlobal has worked with this company for 20 years)

Initial term : 12 months (position expected to run longer)

POSITION SUMMARY :

The Deduction Analyst is responsible for processing, clearing, managing, and analyzing chargeback deductions for the Medical Nutrition business. This role requires a detail-oriented individual who can ensure accuracy in chargeback payments, communicate deduction overages, and collaborate with various internal departments and external stakeholders to improve processes and resolve discrepancies.

PRIMARY RESPONSIBILITIES :

  • Analyze and process customer deductions in a timely manner
  • Collaborate closely with chargeback analysts to understand approved chargeback values monthly for a large volume of distributor customers
  • Issue direct payments for various distributors and other customers for chargeback and rebate payments
  • Collaborate with broader company AR, cash application, credit and collections teams to ensure all chargeback deductions are coded, cleared and managed appropriately for the Medical Nutrition business unit.
  • Conduct comprehensive accounts receivable analysis for a substantial number of distributor customers, with a strong emphasis on mitigating purge.
  • Prepare monthly reports on deduction totals and variances for Chargeback Team review and alignment
  • Maintain a mindset of continuous process improvement, prioritizing the elimination of manual processes and the implementation of automation whenever feasible.
  • Engage in monthly Medical Nutrition KPI tracking meetings with an emphasis on the presentation of deduction status, purge status and purge forecasting
  • Support Medical Nutrition Co-Pilot where necessary in project-based work

QUALIFICATIONS AND SKILLS :

  • Previous experience in financial analysis, accounts receivable or deduction management preferred.
  • SAP knowledge needed
  • Prior experience in Vistex a plus
  • Strong analytical skills with attention to detail.
  • Excellent communication and interpersonal skills.
  • Ability to work independently and as part of a team.
  • COMPENSATION AND BENEFITS :

  • Up to $150 per hour Overtime
  • Medical insurance
  • Dental insurance
  • Vision insurance
  • 401(k)
  • Disability insurance
  • ABOUT FuseGlobal :

    FuseGlobal is a partnership of people and brand-leading companies, working together to make things run better. For 25 years we have brought functionality to complex business and production processes and supply chains, resulting in enterprises that run smarter and more sustainably. Interested in digital manufacturing, industrial engineering, supply chain management, all-things tech, and energy & the environment? This is where we live. Engage with us!

    LI-Onsite

    LI-FG

    Salary : $150

    If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
    Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

    What is the career path for a Deduction Analyst?

    Sign up to receive alerts about other jobs on the Deduction Analyst career path by checking the boxes next to the positions that interest you.
    Income Estimation: 
    $67,313 - $85,132
    Income Estimation: 
    $81,126 - $105,394
    Income Estimation: 
    $44,999 - $56,114
    Income Estimation: 
    $51,980 - $65,378
    Income Estimation: 
    $54,127 - $74,416
    Income Estimation: 
    $63,136 - $89,556
    Income Estimation: 
    $49,177 - $66,553
    Income Estimation: 
    $54,127 - $74,416
    Income Estimation: 
    $63,136 - $89,556
    Income Estimation: 
    $66,428 - $107,873
    View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

    Job openings at FuseGlobal

    FuseGlobal
    Hired Organization Address Fremont, MI Full Time
    Title: Quality Specialist Location: Fremont, MI Company: Fortune 100 Food & Beverage Manufacturing (FuseGlobal has worke...
    FuseGlobal
    Hired Organization Address Marysville, OH Full Time
    Job Description Job Description Title : Lab Technician Location : Marysville, Ohio Company : Fortune 100 Food & Beverage...
    FuseGlobal
    Hired Organization Address St. Louis, MO Full Time
    Job Description Job Description Title : Firmware Lead Location : St. Louis, MO Company : Fortune 100 Food & Beverage Man...
    FuseGlobal
    Hired Organization Address Bridgewater, NJ Full Time
    Title: Mechanical and Process Design Engineer Location: Bridgewater, NJ Company: Fortune 100 Food & Beverage Manufacturi...

    Not the job you're looking for? Here are some other Deduction Analyst jobs in the Bridgewater, NJ area that may be a better fit.

    Chargeback/Deduction Analyst

    Apolis, Bridgewater, NJ

    ASSOCIATE ANALYST

    AM Best Company, Oldwick, NJ

    AI Assistant is available now!

    Feel free to start your new journey!