Deduction Specialist

**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 well-being.
- 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.
- Period-end 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**
- Post-secondary 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 fast-paced business environment.
- Excellent verbal and written communication skills; be able to comprehend and articulate accounting issues from non-accounting/cross-functional 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 self-motivation - who takes direction well but has a clear understanding of how to organize the day-to-day functions, asks questions and engages in self-directed learning to tackle new tasks.
- Can multi-task 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.
- We are committed to providing accommodations for persons with disabilities. If you require accommodation, we will work with you to meet your needs.
- #bentoH