11 Deduction Analyst jobs in Chicago

Foodservices Brand Group is a fast-growing company composed of three dynamic operating units: 1880 Retail, 1880 Hospitality, and Tomlinson Industries. These businesses span multiple channels and product categories, including retail, food service, and industrial components. The largest segment is retail, representing over 80% of company sales. Growth in this segment is driven by the Pyrex and Snapware brands, which lead the North American market through a supply agreement with a longstanding domestic glass manufacturer. Each business unit plays a vital role in delivering high-quality, branded solutions tailored to its unique audience.

Deductions Analyst Responsibilities:

· Review and analyze customer deductions to identify root causes, such as pricing discrepancies, promotional allowances, compliance and other chargebacks

· Collaborate with cross-functional teams, including sales, customer service and accounting, to investigate and resolve deduction issues in a timely manner

· Maintain accurate records of deduction activities, including tracking and reconciling open deductions, adjustments and recoveries

· Develop and implement strategies to minimize deductions and improve deductions management processes

· Prepare and analyze deduction reports, providing insights and recommendations for process improvements and revenue optimization

· Communicate effectively with internal stakeholders and external customers to address deduction inquiries and resolve disputes professionally

Deductions Analyst Requirements:

· 3+ years of deductions management experience within the retail or related industry.

· Showcase your proficiency in ERP systems, demonstrating your ability to navigate complex financial landscapes.

· Vividly experience is a plus.

· Detail-oriented mindset with a focus on accuracy and data integrity.

· Ability to prioritize tasks, meet deadlines and adapt to a fast-paced environment

Job Type: Full-time

Pay: $52,000.00 - $62,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Employee discount
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Prescription drug insurance
• Vision insurance

Application Question(s):

• Are you legally authorized to work in the United States without employer sponsorship?

Experience:

• Deduction Analyst: 3 years (Preferred)

Ability to Commute:

• Chicago, IL 60631 (Preferred)

Work Location: Hybrid remote in Chicago, IL 60631