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Accounts Receivable Specialist

Company: Creative Financial Staffing
Location: Stratford
Posted on: April 27, 2021

Job Description:

Accounts Receivable SpecialistThis role will have primary responsibilities for the end to end process of Accounts Receivable and Deduction Management. This position will be responsible for ensuring the timely application of cash, resolution of deductions and coordinate the tactical and operational problem resolution to minimize, trade deductions, customer logistic deductions and maximize recoveries. Position will also be responsible for sales reporting and the management of broker and sales commissions.Responsibilities:

  • Application of cash and deduction creation.
  • Identify process improvements and implement appropriate changes to ensure the timely resolution of valid deductions.
  • Understand the root cause behind non-trade deductions and establish internal processes to validate, resolve and establish processes to avoid future deductions.
  • Establish a process to assess and collect invalid deductions (e.g., under tolerance/small balance deductions, invalid trade, etc.)
  • Partner with sales to establish a forecasting process for trade spend and their associated deductions. Look at alternate approaches to resolve / avoid open trade liabilities (e.g., checks)
  • Provide financial guidance on requested promotion investment funds to ensure revenue and profit objectives are reasonable. Perform post promotion review to assess performance against expected objectives.
  • Develop reporting and KPI's to highlight key issues, opportunities, and performance trends.
  • Reporting of monthly product and customer sales information.
  • Own the management of broker and sales commissions.
  • Support an ERP implementation and special projects as needed.Qualifications:
    • Bachelor's Degree in Finance or Accounting.
    • 7 - 10 years working in Finance, Accounting or Customer Service.
    • CPG Background preferred, but not required.
    • Hands on ERP Systems Experience.
    • Strong excel skills.
    • Strong communication skills.
    • Process oriented with strong interpersonal skills.
    • Analytical, reasoning and problem-solving skills.

Keywords: Creative Financial Staffing, Stratford , Accounts Receivable Specialist, Other , Stratford, Connecticut

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