Demo

Deductions Analyst

Suncast Hiring Team
Batavia, IL Full Time
POSTED ON 2/4/2025
AVAILABLE BEFORE 4/3/2025
Responsibilities:   The following duties are considered essential to this position.  Other responsibilities may be assigned.   Evaluate validity of compliance, allowance and audit claims, and credit or deny as indicated Work with Sales to collect invalid allowance deductions Monitor all allowances in portfolio to ensure they are set-up correctly and are accruing at sufficient levels to cover current and future deductions Audit customer allowance claims that exceed amount accrued, reviewing contracts and working with Sales to increase funding as necessary Review activity in the Suspense GL and charge to the appropriate allowances Provide Sales with customer/buying group reporting and periodic allowance-related credit memos Assist Sales with deduction data/reporting Monitor trends to identify compliance failures; work with appropriate parties to correct and prevent future deductions Proactively dispute compliance fines prior to deduction when possible, ensuring review within the dispute window Keep contracts, emails and other documents well organized for future reference in disputes Keep ongoing documentation of processes, including customer specific data Other projects and duties as assigned by the AR Manager and/or Sr Deductions Analyst Maintain positive internal and external relationships Qualifications:   To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.   High School Diploma required Bachelor’s degree in accounting, Finance or business-related field preferred Minimum of 3 years’ experience in an Accounts Receivable dispute resolution experience working with vendor portals and Electronic Data Interface systems (EDI) Must have strong Financial and Accounting Analytical skills Strong organizational skills; ability to accomplish multiple tasks within the agreed upon timeframes through effective prioritization Strong written and oral communication skills, including the ability to present ideas and suggestions clearly and effectively Strong aptitude for numbers with the ability to calculate amounts such as discounts, interest, commissions, proportions, and percentages.  Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals.    Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.  Ability to interpret a variety of instructions furnished in written, oral, diagram and schedule form. Proficiency in programs with MS Office (Word, Excel and IBM Notes) Cognos, High Radius and AS400 experience is a plus Intermediate ability in spreadsheet use.  Ability to set up a spreadsheet, construct simple formulas and generate simple graphs. Physical Demands:   The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations by be made to enable individuals with disabilities to perform the essential functions.   The Anticipated Salary Range for This Position:  $60,000.00 - $70,000.00 Annual Suncast offers a comprehensive benefits package including:   Medical, Dental, and Vision insurance Telehealth benefits Life insurance 401K with employer match Paid vacation time off Paid parental leave Short- and long-term disability coverage Health Savings Accounts (HSAs) & Flexible Spending Accounts (FSAs) for health and dependent care Paid Parental Leave (maternity & paternity) Educational Assistance Program Tuition Reimbursement

Salary : $60,000 - $70,000

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