Senior AR Analyst: Deductions & Receivables (CPG)

IFG US; Chicago (IL); Hybrid; USD 80,000 - 100,000; Full time

Job summary

IFG US is seeking a Senior Accounts Receivable Analyst to support AR operations in a fast-paced consumer goods manufacturing environment. The role focuses on payments, deductions analysis, and collaboration with Sales, Customer Service, and Supply Chain to ensure accurate cash flow.

The ideal candidate has CPG/manufacturing experience, strong Excel skills, and familiarity with retailer deductions and chargebacks. This hybrid Chicago-based position offers growth and cross-functional exposure.

Qualifications

• Bachelor’s degree in Accounting, Finance, Business Administration, or related field.
• 4–7+ years of accounts receivable or credit & collections experience in consumer goods, food & beverage, or manufacturing.
• Strong understanding of retailer deductions, chargebacks, promotional programs, and dispute management.
• Experience with high-volume national retail accounts.
• Proficiency with ERP systems such as Sage, SAP, Oracle, Microsoft Dynamics, NetSuite, or similar platforms.
• Advanced Microsoft Excel skills, including pivot tables, VLOOKUP/XLOOKUP, and data analysis.
• Strong analytical, organizational, and problem-solving abilities.
• Excellent written and verbal communication skills.
• Ability to prioritize multiple deadlines in a fast-paced environment.
• Experience with EDI transactions and customer portals is a plus.

Responsibilities

• Manage end-to-end accounts receivable processes for assigned customer accounts, including invoicing, cash application, collections, deductions, and dispute resolution.
• Analyze and reconcile customer accounts to ensure timely and accurate payment activity while adhering to agreed-upon credit limits.
• Investigate and resolve pricing discrepancies, shortages, returns, promotional deductions, and chargebacks.
• Monitor aging reports and proactively follow up on past-due balances to minimize bad debt exposure.
• Partner with Sales and Customer Service teams to resolve customer payment issues and improve collection cycles
• Prepare weekly and monthly AR reporting, KPIs (DSO), aging analysis, and cash forecasting updates.
• Manage bi-weekly meetings and review sessions of aged trial balances with Sales, Finance, and select Executive Leadership Team members.
• Support month-end and year-end close activities related to receivables and revenue reconciliation
• Maintain compliance with company policies, customer agreements, and internal controls.
• Assist with process improvement initiatives to streamline AR operations and enhance reporting accuracy.
• Collaborate with external auditors and internal finance leadership during audits and reviews.
• Utilize ERP systems and reporting tools to analyze financial data and identify trends or risks.
• Mentor cross-functional staff and provide guidance on deduction resolution and account management best practices.

Skills

Analytical thinking

Communication skills

Time management

Problem-solving

Education

Bachelor’s degree in Accounting, Finance, Business Administration, or related field

Tools

Sage

SAP

Oracle

Microsoft Dynamics

NetSuite

Excel (Pivot Tables, VLOOKUP/XLOOKUP)

EDI platforms

Job description

IFG US is seeking a Senior Accounts Receivable Analyst to support AR operations in a fast-paced consumer goods manufacturing environment. The role focuses on payments, deductions analysis, and collaboration with Sales, Customer Service, and Supply Chain to ensure accurate cash flow.

The ideal candidate has CPG/manufacturing experience, strong Excel skills, and familiarity with retailer deductions and chargebacks. This hybrid Chicago-based position offers growth and cross-functional exposure.