Deduction Specialist - Richmond Hill, Canada - Bento Sushi
Description
DEDUCTION SPECIALIST
Join Team Bento and be a part of our group of companies which operates more than 5600 locations globally.
With operations across Canada and United States, Bento brings together a dynamic team of people with diverse backgrounds, experience, and talent, to create an exceptional guest experience.
Come roll with us as a
Deduction Specialist and play a key role in "Creating better food for everyone, the Japanese way".
Why you should join our team:
- Group health benefits and retirement plan for eligible employees
- Educational scholarships through our Bento Sushi Foundation as well as funding for other rewarding causes such as seafood sustainability and community involvement.
- Corporate Wellness Program that you can participate in, to take care of your health and wellbeing.
- Extensive training and opportunities for career advancement.
- This position is hybrid work set up.
Responsibilities
- Building strong working relationships with Sales teams, as well as the accounting and finance team to understand the deduction programs and their accounting impacts.
- Compile, review, and reconcile trade spend deductions from customer remittances (e.g. discounts, promotion spend, admin fees etc.).
- Obtain Backup from customers portals for all deductions.
- Analyse and verify customers debit claims.
- Work with customers to dispute and obtain repayment for invalid claims.
- Liaise with Accounts Receivable team ['A/R'] to ensure approved deductions are booked appropriate in the general ledger.
- Prepare and post deduction journal entry adjustments, as required.
- Support the A/R team with clearing deductions through the accounting system, as required.
- Ensure compliance to deduction and rebate programs and monitor for risks and opportunities.
- Periodend close activities as related to rebates and deductions.
- Create and manage deduction reports by customer on aged deductions, and other trade spends.
- Responsible for monthly balance sheet reconciliations as outlined by Accounting Manager.
- Ad-Hoc duties as assigned.
Qualifications
- Postsecondary education in Business, Accounting, or related field; or related experience preferably in a manufacturing/CPG environment.
- Strong attention to detail and ability to work with a high degree of accuracy.
- Able to work efficiently and manage deadlines in a fastpaced business environment.
- Excellent verbal and written communication skills; be able to comprehend and articulate accounting issues from nonaccounting/crossfunctional teams and be able to recommend pragmatic solutions.
- Proficient in the use of Microsoft Suite i.e. Word, Excel, and Outlook (intermediate skills or higher in excel considered an asset).
- Knowledge of accounting software an asset (experience with Microsoft Dynamics
- JustFoods would be considered an asset).
- Demonstrate a high level of autonomy and selfmotivation who takes direction well but has a clear understanding of how to organize the daytoday functions, asks questions and engages in selfdirected learning to tackle new tasks.
- Can multitask with confidence and ease.
- Willing to work Monday to Friday in traditional office hours and infrequently work beyond these parameters to meet mission critical deadlines.
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