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Financial Analyst, Deductions

Downers Grove, IL$60K - $70K / yearPosted 1 weeks ago
Full-timehybridmid

Job Description

  • Assist on any Trade Spend Budgeting process
  • Maintains trade accrual database to facilitate reporting of actual trade spend by customer and SKU
  • Administer and enforce deduction management policies
  • Detail review of customer deductions for accuracy to ensure each deduction is valid and supported
  • Process Journal Entries for any deduction clearance and prepare trade accruals
  • Detail tracking of communication to customers and status of each deduction
  • Reporting of Deduction aging, and understand customers’ deductions trends
  • Ensure deductions are properly coded to the correct customers, brands, SKU
  • Proactively identify trends and assist in implementing processes to continuously improve accuracy and efficiency of deductions and to prevent invalid deductions
  • Work with customers and AR team to ensure backup is received timely and follow-up when additional information is needed
  • Help in the process for approving Promotional Activities
  • Upload Promotional codes within SAP
  • Provide ad-hoc deduction and trade spend reporting and analysis
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