Accounts Receivable Analyst

3 days ago


Lawnside, New Jersey, United States LHH Recruitment Solutions Full time
Job Summary

LHH Recruitment Solutions is seeking a detail-oriented and proactive Accounts Receivable/Deductions Analyst to enhance the Finance Department at their Cherry Hill, NJ office. The successful candidate will be responsible for the prompt resolution of customer deductions and the analysis of patterns that may affect customer actions.

Key Responsibilities
  • Oversee a portfolio of premier Private Label and Branded clients, ensuring top-tier management and service.
  • Ensure prompt and precise entry, along with the upkeep of trade settlements, adhering to approved standards.
  • Validate promotional event specifics, verifying compliance with trade agreements and addressing any inconsistencies.
  • Analyze patterns in chargebacks, pinpointing common issues such as shortages, damages, unsaleable items, and pricing disputes.
  • Monitor and reconcile deduction balances, securing necessary documentation and data from principal clients.
  • Devise and implement strategies to mitigate and avert future deductions.
  • Collaborate with Customer Service and Sales departments to resolve chargebacks, including liaising with field sales and brokers for invoice discrepancies and supporting evidence.
  • Conduct follow-ups for additional documentation as needed, utilizing customer web-portals when necessary.
  • Assist the team Manager with the evaluation of Key Performance Indicators (KPIs) and provide regular team updates.
  • Initiate and champion changes in deduction management processes, focusing on areas like Unsaleable goods, Shortages, and Payback.
  • Engage in cooperative efforts with various team members within the department, as well as with external brokers and clients.
  • Spearhead process enhancement initiatives and pilot new operational features and functions.
  • Offer support during internal and external audits.
  • Undertake additional general accounting duties and participate in related projects as required.
Requirements
  • Bachelor's degree in Accounting, Finance, and/or Business is preferred.
  • 2-3 years of related experience in Accounting or Finance.
  • 1-3 years of relevant work experience in consumer products manufacturing, with a preference for food and beverage industry experience.
Benefits

LHH Recruitment Solutions offers a comprehensive benefits package, including medical, dental, vision, life insurance, short-term disability, additional voluntary benefits, EAP program, commuter benefits, and a 401K plan. Our program provides employees the flexibility to choose the type of coverage that meets their individual needs.

Available paid leave may include Paid Sick Leave, where required by law; any other paid leave required by Federal, State, or local law; and Holiday pay upon meeting eligibility criteria.

Equal Opportunity Employer/Veterans/Disabled

To read our Candidate Privacy Information Statement, please navigate to https://www.lhh.com/us/en/candidate-privacy

The Company will consider qualified applicants with arrest and conviction records in accordance with federal, state, and local laws and/or security clearance requirements, including, as applicable:

  • The California Fair Chance Act
  • Los Angeles City Fair Chance Ordinance
  • Los Angeles County Fair Chance Ordinance for Employers
  • San Francisco Fair Chance Ordinance

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