Deductions Analyst
Bridgewater, NJ, US
Accounting / Finance
High School or equivalent
Full Time, Temporary
Experienced (Non-Manager)
On-site
Biotechnology/Pharmaceuticals
First Shift (Day)
Bridgewater, NJ, US
Experienced (Non-Manager)
Full Time, Temporary
Biotechnology/Pharmaceuticals
On-site
Accounting / Finance
High School or equivalent
First Shift (Day)
Job details
Deductions Analyst
Contract to hire
Location: Bridgewater, NJ – hybrid schedule 3/2
Hours: Typically 8-5, but flexible
Monday – Friday
MAJOR AREAS OF RESPONSIBILITY
This is a large pharmaceutical Manufacturer – this role is responsible for the deductions for large retailer accounts. Seeking someone with experience handling deductions from large retailers.
- Understands and apply SOP’s in a practical manner.
- Communicates professionally and effectively with customers, Sales, Customer Service.
- Handles a portfolio of accounts, as assigned by the Deductions & Chargebacks Manager.
- Makes collection calls, sends emails, monitors accounts for payments. Reconciles account balances using all available information and sources.
- Monitors and/or sends dunning letters and emails.
- Creates and maintain KYC folders for top/complex customers. Maintains customer contact information and notes.
- Analyzes Aging and other reports to prioritize workload and pinpoint potential risks.
- Offsets items and applies payments, as intentioned or authorized by customers.
- Researches, codes and resolves deductions (ex: returns, pricing, shortages, short pays).
- Masters the use of customer Vendor portals, if applicable.
- Works closely with Cash Application to understand payment methods, to improve the automatic application of incoming payments for all assigned customers.
- Ensures customers follow the company’s payment instructions and produce remittances as applicable or warranted.
- Collaborates with other departments to determine the root cause of process errors.
- Ensures all AR adjustments have proper authorization and are processed timely.
- Responds to customer inquiries. Removes obstacles preventing payment.
- Forwards credit limit change requests to Credit Checking.
- Follows procedures for customer credit balance refunds.
REQUIRED EDUCATION / SKILLS / ABILITIES
- Minimum 3 years’ experience in a similar role.
- High school graduate. Some college or college degree preferred.
- Strong Excel skills including the ability to do pivot tables and V-lookups.
- Strong communication and mathematical skills.
- Knowledge of SOX guidelines and procedures.
9611217
I want more jobs like this in my inbox.
Get a complete career fit with Kelly®.
You’re looking to keep your career moving onward and upward, and we’re here to help you do just that. Our staffing experts connect you with top companies for opportunities where you can learn, grow, and thrive. Jobs that fit your skills and experience, and most importantly, fit right on your path of where you want to go in your career.About Kelly
Work changes everything. And at Kelly, we’re obsessed with where it can take you. To us, it’s about more than simply accepting your next job opportunity. It’s the fuel that powers every next step of your life. It’s the ripple effect that changes and improves everything for your family, your community, and the world. Which is why, here at Kelly, we are dedicated to providing you with limitless opportunities to enrich your life—just ask the 300,000 people we employ each year.Kelly Services is proud to be an Equal Employment Opportunity and Affirmative Action employer. We welcome, value, and embrace diversity at all levels and are committed to building a team that is inclusive of a variety of backgrounds, communities, perspectives, and abilities. At Kelly, we believe that the more inclusive we are, the better services we can provide. Requests for accommodation related to our application process can be directed to Kelly’s Human Resource Knowledge Center. Kelly complies with the requirements of California’s state and local Fair Chance laws. A conviction does not automatically bar individuals from employment. Kelly participates in E-Verify and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S.