Deductions Specialist

Aston Carter • Minneapolis, MN

1d • $25 - $25 • Hybrid

About The Position

Oversee and reconcile customer deductions including pricing issues, off-invoice allowances, returns, freight, and rebates.
Identify invalid deductions and gather documentation to clear valid deductions to the appropriate codes.
Verify discrepancies in billed vs. received amounts and allocate over/shorts.
Apply payments accurately using checks, ACH, and lockbox, and reconcile AR balances.
Engage with customers and brokers to resolve issues.
Utilize external systems such as Exedra to process exceptions.
Collaborate with Sales, Order Entry, Warehouse, and Treasury to research issues and prevent future deductions.
Maintain deduction files, monitor trends, and present analysis to management.

Requirements

• 2+ years of AR/deductions experience
• Proficiency in Excel, specifically VLOOKUPs
• Experience with accounts receivable, chargeback, and deduction processes

Responsibilities

• Oversee and reconcile customer deductions including pricing issues, off-invoice allowances, returns, freight, and rebates.
• Identify invalid deductions and gather documentation to clear valid deductions to the appropriate codes.
• Verify discrepancies in billed vs. received amounts and allocate over/shorts.
• Apply payments accurately using checks, ACH, and lockbox, and reconcile AR balances.
• Engage with customers and brokers to resolve issues.
• Utilize external systems such as Exedra to process exceptions.
• Collaborate with Sales, Order Entry, Warehouse, and Treasury to research issues and prevent future deductions.
• Maintain deduction files, monitor trends, and present analysis to management.

Benefits

• Medical, dental & vision
• Critical Illness, Accident, and Hospital
• 401(k) Retirement Plan – Pre-tax and Roth post-tax contributions available
• Life Insurance (Voluntary Life & AD&D for the employee and dependents)
• Short and long-term disability
• Health Spending Account (HSA)
• Transportation benefits
• Employee Assistance Program
• Time Off/Leave (PTO, Vacation or Sick Leave)

What This Job Offers

• Career Level: Mid Level
• Education Level: No Education Listed
• Number of Employees: 1,001-5,000 employees