The Deductions Specialist plays a pivotal role in maintaining financial accuracy and supporting the company’s operational efficiency by ensuring timely resolution of claims and fostering strong customer relationships.
Deductions Specialist Responsibilities:
- Review customer deductions related to pricing errors, shipping discrepancies, product damages or promotional agreements specific to manufacturing processes
- Examine supporting documentation, including contracts, purchase orders and manufacturing records, to validate or contest deductions
- Partner with internal departments such as Production, Logistics and Sales to gather necessary data for resolution
- Evaluate and process valid deductions; dispute inaccuracies to recover funds
- Communicate findings effectively to customers and collaborate to resolve disputes
- Issue adjustments or credit memos for authorized deductions in the accounting system
- Maintain detailed records of deduction investigations and resolutions
- Develop reports that highlight deduction trends, recurring operational issues and resolution performance
- Provide actionable insights to management on improving deduction handling processes
- Ensure adherence to company financial policies and industry compliance standards
- Identify and propose enhancements to the deductions management workflow to reduce recurring issues
- Contribute to cross-departmental initiatives aimed at operational efficiency
- Build productive relationships with customers to address deductions professionally and effectively
- Work with internal stakeholders to resolve root causes of deductions and implement preventative measures
Requirements:
- Bachelor’s degree in Accounting, Finance, Business Administration or a related field required
- 2+ years of experience in deductions management, accounts receivable or a related role, ideally within the manufacturing sector
- Proficient in accounting software (e.g., SAP, Oracle) and Microsoft Excel
- Strong analytical and problem-solving capabilities with a focus on attention to detail
- Exceptional communication skills, both verbal and written
- Proven ability to manage multiple priorities in a fast-paced environment
- Familiarity with manufacturing industry standards and practices preferred
- Experience with ERP systems and knowledge of financial reporting tools preferred
- Understanding of trade promotions, customer agreements and logistics processes preferred
- Skillful in interpreting complex deductions and resolving them effectively.
- Demonstrated ability to work closely with cross-functional teams to achieve results.
- Strong interpersonal skills for engaging with internal and external stakeholders.
- Commitment to accuracy and thoroughness in all tasks.
- Effective in prioritizing tasks and meeting deadlines.
If you are interested in this opportunity and meet the qualifications, please apply today!
Thank you,
Cara Jarosz
Unit Manager
LaSalle Network
LaSalle Network is an Equal Opportunity Employer m/f/d/v.
LaSalle Network is the leading provider of direct hire and temporary staffing services. For over two decades, LaSalle has helped organizations hire faster and connect top talent with opportunities, from entry-level positions to the C-suite. With units specializing in Accounting and Finance, Administrative, Marketing, Technology, Supply chain, Healthcare Revenue Cycle, Call Center, Human Resources and Executive Search. LaSalle offers staffing and recruiting solutions to companies of all sizes and across all industries.
LaSalle Network is the premier staffing and recruiting firm, earning over 100 culture, revenue and industry-based awards from major publications and having its company experts regularly contribute insights on retention strategies, hiring trends and hiring challenges, and more to national news outlets. LaSalle Network offers temporary Field Employees benefit plans including medical, dental and vision coverage. Family Medical Leave, Worker's compensation, Paid Leave and Sick Leave are also provided. View a full list of our benefits here
