What are the responsibilities and job description for the Deduction Analyst position at FuseGlobal?
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 :
COMPENSATION AND BENEFITS :
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!
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Salary : $150