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Accounts Receivable - Deductions Coordinator

S Martinelli and CompanyWatsonville, CA

About The Position

The Accounts Receivable – Deductions Coordinator is primarily responsible for identifying, researching, processing, and resolving customer short payments, claims and deductions. This includes preparing and posting deductions-related entries in the deduction management system, as well as creating, preparing, and updating deductions reporting, and having an overall understanding of customer deductions.

Requirements

  • Two years of experience in AR-Cash processing with increasing responsibilities
  • One year of experience in AR-Deduction processing with increasing responsibilities
  • One year of experience with SAP or other full-scale enterprise resource management software in a high-volume invoice environment
  • Business, finance, or accounting associate degree
  • Professional curiosity and ability to investigate and resolve variances, technical impediments, and other challenges with support
  • Ability to prepare, interpret and communicate information verbally and with digital tools including spreadsheets and business intelligence applications to financial and non-financial parties
  • Ability to follow-through tasks to resolution, self-resolving variances to the extent possible, while timely communicating with management when obstacles prevent a task from being completed without support
  • Be a team player with strong interpersonal and communication skills including strong internal drive, ethics, conscientiousness, diplomacy, flexibility, and dependability
  • Ability to work in a fast-paced environment, to prioritize tasks, meet multiple deadlines and ensure that work is accomplished in the time frames required
  • Strong analytic and problem-solving skills
  • Ability to clearly communicate financial activity to non-financial parties
  • Ability to respect confidential matters by exercising individual discretion
  • Strong Microsoft Office skills, including Outlook and Excel (Pivot Tables, Index/Match, and similar efficiency tools)
  • Strong arithmetic skills
  • Excellent verbal, written, and interpersonal communication skills
  • Strong understanding of the accounts payable process
  • Strategic knowledge of how accounts payable impacts other areas of the company’s financial activity
  • Ability to type by touch at 55 words per minute
  • Ability to ten-key by touch at 8,000 keystrokes per hour
  • Strong attention to detail
  • Ability to work cross-functionally with various team members across the company
  • Ability to pass a background check and drug screen
  • Ability to stand and/or sit in front of and operate a computer for extended periods of time

Nice To Haves

  • Experience in food manufacturing or agricultural goods processing industry
  • Experience with decision-support systems including Domo and Adaptive Insights
  • Experience with a deduction management platform, such as BluePlanner by UpClear

Responsibilities

  • Source deduction backup via customer portals, collaboration with sales manager, brokers, and/or other applicable parties
  • Analyze deduction backup to determine the deduction reason and classify the expense by type
  • Evaluate the validity of deductions with regard to whether they were planned or otherwise allowed
  • Process deductions within the deduction management platform in a timely and accurate manner
  • Create and submit disputes for invalid deductions via customer portals, brokers, and/or other applicable parties depending on the customer
  • Escalate unresolved deductions with regional sales managers and/or brokers
  • Analyze deductions while maintaining an active understanding of current deduction activity
  • Prepare and support the preparation of reports utilized for tracking and reviewing unprocessed deductions, disputes, and ad hoc accounts receivable reporting
  • Support efficient deduction resolutions by professionally dialoging with brokers, sales managers, and other applicable parties
  • Identify trends and assist in implementing process improvements
  • Proactively communicate challenges and resolve delays in sourcing data
  • Perform tasks, analysis, special projects, and other duties as directed by the finance management

Benefits

  • health insurance coverage
  • LTD
  • 401(k) profit share contributions
  • paid sick leave
  • paid vacation leave
  • eight (8) paid holidays per year
  • 401(k) elective deferral contributions
  • co-pay plan for health insurance coverage for eligible dependents

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What This Job Offers

Job Type

Full-time

Career Level

Entry Level

Education Level

Associate degree

Number of Employees

11-50 employees

Career Resources

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