Deductions Specialist

4 weeks ago


Louisville, Kentucky, United States Corona Tools Full time
Job Description

Job Summary:

The Deductions Specialist will be responsible for managing and resolving customer deductions and disputes related to accounts receivable. This role involves analyzing and investigating discrepancies between invoices and payments, ensuring accurate processing of deductions, and working closely with customers and internal teams to resolve issues.

Key Responsibilities:

  • Ensure timely research and resolution of customer deductions in accordance with policy and procedures.
  • Ensure adherence to procedures and timely processing of credit memos, offset balances, repaid deductions, and other tasks as assigned.
  • Ensure all deduction documentation is complete and sufficient to support classification of expense or recollection of invalid deductions.
  • Work directly with Finance and Sales Colleagues to obtain additional information and documentation when necessary.
  • Interface with Customers as assigned.
  • Review and Process customer deductions. Effectively analyze deductions to identify root cause and work with cross-functional teams to reduce/eliminate recurring deductions.
  • Other ad hoc requests as needed to assist with balance of workload for the overall team.

Requirements:

  • High school diploma or equivalent required. An associate or bachelor's degree in accounting, finance, or a related field can be advantageous.
  • Proven experience in accounts receivable, cash application, or a similar role.
  • Solid Excel including formulas, pivot tables
  • Excellent problem solving and root cause analysis skills.
  • Strong written and verbal communication skills.
  • Strong ability to multi-task and handle competing priorities at once.

Benefits:

  • Medical, dental, vision, accident, and critical illness plans are available for enrollment.
  • Company paid life insurance and AD&D, Employee Assistance Program, and disability insurance.
  • 401k retirement program with 4% company match after 6 months of employment.
  • Paid time off and 10 paid holidays with 9 designated by company and 1 floater.

About Corona Tools:

Corona Tools is a leader in the marketing and manufacturing of professional and consumer tools for the lawn and garden, landscape, irrigation, construction, and agriculture markets. With a retail and distribution network that extends throughout the United States and Canada, Corona Tools' proven designs, quality manufacturing processes, and unparalleled customer service make it the best choice in tools for contractors, agricultural professionals, and avid gardeners alike.

Corona Tools is committed to a diverse and inclusive workplace. Corona Tools is an equal opportunity employer and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status.


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