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Accounts Receivable Analyst

2 weeks ago


Mississauga On, Canada Trophy Foods Inc. Full time

Trophy Foods is Canada's leading supplier of high-quality edible nuts, dried fruit and confectionery products. We pride ourselves on providing the highest quality products, at the best value, through our direct channel of global grower relationships. Trophy Foods Inc. is Canadian owned and operated with over 50 years of experience in serving our customers. We produce edible nuts, dried fruits, confectionery and bulk foods under our Trophy brand. We also work with grocery retailers, mass merchandisers, drug channel, and food service customers across the country to create and produce a wide variety of private label branded products. Overview: The Accounts Receivable Analyst – Trade Spend is responsible for managing the timely resolution of Trade Spend Deductions issues to minimize the company’s financial risks and bad debt exposure. This role will offer the opportunity to collaborate with Trade Spend Analyst, and Sales Analysts to develop and implement process improvements, with the objective of driving efficiencies and building a best-in-class accounts receivable function. Key responsibilities include, but are not limited to: Manage Trade Spend Deductions to ensure clearing up on a timely basis. Work with Trade Spend Analyst to ensure deductions are applied to promotion accrual. Research and analyze deductions for balance discrepancies, etc. Manage cash applications and maintain the accounts receivable ledger for assigned customer portfolio. Manage collections for customers to ensure compliance with aging thresholds. Review and manage past due invoices weekly to ensure accounts are up to date and distribute monthly customer statements as requested. Communicate with customers on deduction backups and provide proof of delivery and