AR/Deductions Analyst

Accentuate Staffing; Goldsboro (NC); On-site; USD 50,000 - 70,000; Full time

Job summary

A staffing agency is currently seeking an AR/Deductions Analyst in Goldsboro, NC. This role involves analyzing customer deductions, resolving issues, and implementing solutions. Candidates should have a degree in finance or a related field and 2+ years of experience in accounting or finance. Strong analytical skills, attention to detail, and excellent communication skills are essential. This position offers an opportunity to work with various departments and maintain accounting standards.

Qualifications

• 2+ years of experience in accounting, finance, or a similar role required.
• Proficient in Microsoft Suites and accounting software.
• Detail oriented with a high level of accuracy.

Responsibilities

• Analyze and resolve customer deductions.
• Review and categorize customer deductions.
• Request credit and debit memos for discrepancies.

Skills

Analytical skills

Attention to detail

Communication skills

Critical thinking

Problem-solving abilities

Organizational skills

Time management skills

Education

Associate or bachelor’s degree in finance, Accounting, Business Administration, or related field

Tools

Microsoft Suites

M-Tech

SAP

ERP systems

Job description

Accentuate Staffing is currently seeking an AR/Deductions Analyst for our client in Goldsboro, NC 27534. The AR/Deduction Analyst will be responsible for analyzing and resolving customer deductions. This individual will investigate the root causes of deductions, work closely with other departments to resolve issues, and implement solutions to prevent future deductions. The AR/Deduction Analyst must possess strong analytical skills, attention to detail, and strong communication skills.

Responsibilities

• Reviews, analyzes, and assigns customer deductions to the appropriate classification categories.
• Conducts all accounting activities professionally, adhering to established accounting practices and procedures.
• Utilizes customer portals, shared email boxes and broker network to obtain Trade backup for deductions and attaches the supporting trade documentation to the deduction in the System.
• Analyzes deductions to identify unauthorized trends.
• Retrieves supporting documentation for Non-Trade Invoice Related Deductions, such as shortages, overages, damages, quality issues, and pricing discrepancies from customer portals.
• Validates backup documentation to determine the validity of deductions and clear them to the appropriate reason codes.
• Requests credit and debit memos as necessary for shortages, overages, and returns.
• Seeks proof of deliveries (PODs) for overages and shortages via Lean Logistics, Chicago Tracking, or Trucking Companies.
• Pursues repayment of unauthorized deductions in a timely manner.
• Reassesses and analyzes customer non-trade post audits to clear or pursue repayment.
• Communicates and collaborates with Brokers, Sales, Customer Service, and Accounts Receivable to provide and attach proper supporting documentation for deductions.
• Maintains a working knowledge and understanding of the customer base within the assigned area.
• Compiles customer-specific analysis to produce specialized reports for the Sales team.
• Provides support for periodic audits, including AR Securitization, internal audits, and external audits (e.g., KPMG).
• Assists with areas of responsibility through spreadsheet analysis and special projects.

Requirements

• Associate or bachelor’s degree in finance, Accounting, Business Administration, or related field.
• Will consider a combination of education and work experience in lieu of a degree.
• 2+ years of experience in accounting, finance, or a similar role required
• Superior written and verbal communication, and interpersonal skills.
• Detail oriented with a high level of accuracy and precision.
• Excellent critical thinking, analytical, and problem-solving abilities.
• Capability of operating independently and collaboratively with other team members.
• Strong organizational and time management skills with the ability to effectively manage multiple priorities.
• Demonstrates the ability to tackle issues, inquiries, and concerns promptly and proactively.
• Proficient in Microsoft Suites (Word, Excel, PowerPoint, Outlook, Teams, etc.), web-based portals, and accounting software (M-Tech, SAP, or similar).
• Experience with enterprise resource planning (ERP) systems, such as SAP, Oracle, or similar is a plus.