Deduction Specialist

3 months ago

Richmond Hill, Canada Bento Sushi Full time

**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

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