Deductions Specialist — Hybrid, Growth & Benefits

Stanley Black & Decker Canada Corporation; Mississauga; Hybrid; CAD 75,000 - 85,000; Full time

Benefits offered by this job

Company cell phone

Laptop

Hybrid work environment

Job summary

Stanley Black & Decker Canada Corporation in Mississauga, Ontario seeks a Deductions Specialist to support the Canada Tools business. You will review and resolve customer deductions, collaborate with Sales, Customer Service, Finance, and Shared Services, and contribute to month-end close and internal controls.

The role requires a Bachelor’s in Accounting or Finance with 2–5 years in deductions/AR, strong Excel skills, and the ability to work with cross-functional teams.

Qualifications

• Bachelor’s degree in Accounting or Finance required; CPA or MBA is a plus.
• Minimum 2–5 years’ experience in deductions management, accounts receivable, trade finance, order-to-cash, or related finance/accounting function.
• Strong knowledge of MS Excel with pivot tables, VLOOKUP, SUMIF, etc.

Responsibilities

• Research, review, validate, and resolve customer deductions related to promotions, pricing discrepancies, shortages, returns, rebates, and other trade claims.
• Partner with Sales, Customer Service, Finance, Accounts Receivable, and other teams to investigate deductions in a timely manner.
• Determine validity of deductions and process resolutions including approvals, chargebacks, recoveries, and dispute submissions.
• Monitor and manage deduction aging to reduce past-due balances and improve resolution cycle time.
• Support month-end and quarter-end close activities by reconciling deduction balances and preparing account analyses.
• Maintain records of deduction claims, resolutions, and supporting documentation in line with policies and audits.
• Prepare and communicate regular reporting on deduction volumes, aging, and trends to management.
• Identify recurring deduction trends and root causes; recommend corrective actions to reduce future claims.

Skills

Deductions management

MS Excel

Power BI

Education

Bachelor’s degree in Accounting or Finance

Job description

Stanley Black & Decker Canada Corporation in Mississauga, Ontario seeks a Deductions Specialist to support the Canada Tools business. You will review and resolve customer deductions, collaborate with Sales, Customer Service, Finance, and Shared Services, and contribute to month-end close and internal controls.

The role requires a Bachelor’s in Accounting or Finance with 2–5 years in deductions/AR, strong Excel skills, and the ability to work with cross-functional teams.