Deductions Specialist

Aston Carter•Minneapolis, MN

6d•$25 - $25•Hybrid

About The Position

We are seeking a Deductions Specialist who will oversee and reconcile customer deductions related to pricing issues, off-invoice allowances, returns, freight, and rebates. The role involves identifying invalid deductions, gathering necessary documentation, and clearing valid deductions to appropriate codes. You will also verify discrepancies in billed versus received amounts, allocate over/short payments, and ensure accurate application of payments through checks, ACH, or lockbox. As a key liaison, you will engage with customers and brokers, use external systems like Exedra to process exceptions, and partner with Sales, Order Entry, Warehouse, and Treasury to research issues and prevent future deductions.

Requirements

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

Nice To Haves

Knowledge of SAP is a plus

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.