What are the responsibilities and job description for the Order to Cash Finance Deductions Sr. Analyst position at Liquid IV?
About Liquid I.V.
Liquid I.V. is a functional hydration company based in Los Angeles, CA. Acquired by Unilever in 2020, Liquid I.V. is the #1 powdered hydration brand in America, delivering superior hydration than water alone. Liquid I.V. utilizes LIV HYDRASCIENCE™, a science-backed formula designed with an optimized ratio of electrolytes, essential vitamins, and clinically tested nutrients to turn ordinary water into extraordinary hydration.
Liquid I.V.’s great-tasting flavors contain 3x more electrolytes than the leading sports drink, have 5 essential nutrients and vitamins, and are vegan, gluten-free, non-GMO.
Liquid I.V. believes a healthier world for all begins with equitable access to clean and abundant water. The brand partners with leading water, humanitarian, and community-based organizations to advance innovative solutions and help communities both expand and protect their clean water access. To-date, Liquid I.V. has donated over 54 million servings to people around the globe and has committed to donating a total of 150 million servings by 2032. Over 1% of the company’s revenue goes directly to its impact program.
To learn more, visit www.liquid-iv.com and follow @liquidiv on Instagram, TikTok, Facebook, and X.
About our Team:
We are a world-class team of innovators and passionate changemakers, looking to develop transformative hydration solutions and make a meaningful impact on the world around us.
At Liquid I.V., we are committed to building an inclusive culture of belonging that not only embraces the diversity of our people but also reflects the diversity of the communities in which we work and the customers we serve.
Our team members enjoy a flexible and inclusive working environment, a highly collaborative and innovation-forward culture, generous benefits and perks that empower employees to champion their wellbeing every day, as well as an infinite supply of Liquid I.V. for extraordinary hydration.
About the role:
Liquid IV is seeking a detail-oriented and analytical Order to Cash Deductions Finance Sr. Analyst to join our newly formed Order to Cash Finance team. As a Deductions Finance Analyst, you will play a key role in managing customer deductions, ensuring adherence to pricing and discounts SOP for both retail and eCommerce channels.
Functions and duties of this role include, but not limited to:
Functions and duties of this role include, but not limited to:
- Validate and manage deductions made by customers across various categories such as promotions, shortages, cash discounts, sundry write-offs, and supply chain penalties.
- Collaborate with Sales teams to review customer contracts and promotional terms to ensure accurate deduction processing.
- Investigate and resolve discrepancies related to customer deductions promptly and accurately.
- File disputes with customers or brokers for invalid or unauthorized deductions.
- Collaborate with internal teams (Sales, Order Management, Supply Chain) to understand and rectify root causes of deductions.
- Prepare and present management reports detailing deductions by customer, type, and trends.
- Monitor and track open deductions and work towards timely resolution to minimize aged deductions and improve cash flow.
- Provide recommendations and insights to improve deductions management processes and prevent future discrepancies.
- Support month-end and year-end close processes related to deductions, including accruals and reconciliations.
Qualifications:
The successful candidate will have the following qualifications:
- Bachelor’s degree in finance, Accounting, Business Administration, or related field.
- Minimum of 3 years of experience in a similar role within Deductions, Order to Cash or Finance operations. CPG experience is preferred.
- Strong analytical skills with attention to detail and ability to identify trends and patterns in data.
- Proficiency in using ERP systems (preferably Microsoft D365) and MS Excel for data analysis and reporting. Familiarity with TPM systems is a plus.
- Excellent communication skills to interact effectively with internal and external stakeholders.
- Ability to prioritize tasks, manage multiple assignments, and meet deadlines in a fast-paced environment.
- Proactive problem-solving skills and a strong commitment to accuracy and data integrity.
What We Give:
- 100% company-paid medical, dental and vision insurance for employees (PPO, HMO and Kaiser options).
- A 401k plan with company match, short and long-term disability coverage.
- A generous PTO and sick policy that includes 13 paid annual holidays.
- Wellness classes (fitness, mental health, nutrition, finance, etc.).
- An Employee Assistance Program, including membership for guided meditation for all employees.
- Monthly tech and wellness reimbursement.
- An infinite supply of Liquid I.V. for endless hydration!
Work Environment:
- This role is Hybrid
The compensation band for this position is $86,100 - $105,000 annually. The exact salary is determined by various factors including experience, skills, education, geographic location, internal company equity, and budget.
This job description indicates in general the nature and levels of work, knowledge, skills, abilities and other essential functions expected of the role. It is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities required. It is not intended to limit or in any way modify the right of any supervisor to assign, direct, and control the work of employees under his/her supervision. Ability to competently perform all the essential duties of the position, with or without reasonable accommodation, demonstrated commitment to the company’s mission, and the ability to work productively as a member of a team or work group are basic requirements of all positions at Liquid I.V.
We are committed to building an inclusive culture of belonging that not only embraces the diversity of our people but also reflects the diversity of the communities in which we work and the customers we serve. We know that the happiest and highest performing teams include people with diverse perspectives that encourage new ways of solving problems, so we strive to attract and develop talent from all backgrounds and create workplaces where everyone feels seen, heard, and empowered to bring their full, authentic selves to work.
Liquid I.V. is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected veteran status, or any other characteristic protected by applicable federal, state, or local law.
Salary : $86,100 - $105,000