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Promotion In Motion Inc
Ridge, NJ | Full Time
$63k-87k (estimate)
2 Months Ago
Deduction Specialist
$63k-87k (estimate)
Full Time 2 Months Ago
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Promotion In Motion Inc is Hiring a Deduction Specialist Near Ridge, NJ

Do you love candy and snacks? Are you looking to join an ever evolving and rapidly growing team? PIM Brands might just be exactly what you’re looking for!

At PIM, we make the brands you love. Our portfolio of products, from Welch’s® Fruit Snacks to Sun-Maid® Chocolate Raisins and Sour Jacks® Sour Candies are enjoyed by millions of consumers every day. And when it comes to careers, we seek talented, results-oriented individuals who want to play a part in building amazing brands and products while working in a collaborative, dynamic, and fast-paced office environment. At PIM, you can make an immediate and lasting contribution to help grow iconic snack and confectionery brands, no matter your area of expertise.

We are looking for a Deduction Specialist interested in starting a SWEET career as part of our Finance business at PIM’s Headquarters in Park Ridge, New Jersey.

The Specialist will partner with internal and external parties including Customer Service, Sales, Broker partners, operations, and Accounting to identify and resolve valid deductions in Telus.

Job Description

  • Researching, analyzing and reconciling all trade deductions.
  • Running sales analysis to identify Items/promoted product groups (PPG) sold to respective customer.
  • Validating Promotions in Telus, confirming all parameters are met and approvals issued.
  • Accurately and efficiently reconciling trade and non-trade deductions in Telus.
  • Reducing the open AR balance by efficiently managing account portfolio.
  • Submitting disputes for all unauthorized deductions within customer’s dispute window.
  • Attaching all necessary documentation in Telus to meet Dept and Audit standards.
  • Alerting Upper Management and Sales of Customer Trends.
  • Implementing cross-departmental solutions to combat root causes with sales and operations.
  • Maintaining detailed notes as well as updating workflow and root causes in Telus on all open items on their customer portfolio.
  • Assessing the first action needed as soon as deductions are generated.
  • Assisting in special projects as needed.
  • Bachelor’s degree in finance, Accounting or related field.
  • 3-5 years experience in Accounts Receivable or Accounting.
  • 3 years of trade spend deduction experience.
  • Experience with royalties, brands, and promoted product groups (PPG)
  • CPG (Consumer Packaged Goods) or inventory bases business experience.
  • Proficient computer, organizational, analytical, and problem-solving skills.
  • Experience with major retailers and distributors, preferably with C&S Wholesale Grocers.
  • Proficient in Excel including pivot tables and V-lookups.
  • Excellent interpersonal skills, flexibility and a willingness to learn new things.
  • Good communication skills and ability to work with various people and teams in a fast-paced environment.
  • Demonstrated ability to handle confidential information in a professional manner.
  • Attention to detail and strong analytical skills.
  • Must be able to perform successfully in a fast-paced, service-oriented environment and to interpret rules and guidelines to enhance the business and in keeping with PIM’s values and culture.


We are proud to offer:

  • Comprehensive benefits package - EFFECTIVE DAY 1! Including medical, dental, vision, disability and insurance plans
  • Total compensation package including bonus, 401K plan and other incentives (*based on eligibility and position)
  • Variety of benefit options designed to help you make the best decisions for yourself, your family, and your lifestyle
  • Personal time off, vacation time, floating days and observed holidays
  • Summer Fridays between Memorial Day weekend and Labor Day weekend
  • Business casual dress
  • Entrepreneurial and innovative culture offering the opportunity for internal career advancement


Worksite:

  • The PIM Brands Global Headquarters in Park Ridge, NJ
  • The role requires working on-site: Monday thru Thursday. Work from home on Friday.


Travel:

  • Estimated travel <10-15%; to manufacturing locations, trade shows, retailer/broker/customer business reviews, etc.


Awards & Accolades:

  • #10 Candy Company in North America
  • #26 Global Candy Company
  • Makers of Welch’s - #1 Fruit Snack in U.S.
  • 2024 Advocate of the Year Award
  • Recognized by NJBIA - State-of-the-Art Manufacturing Facility and in Research/Development 2024
  • Recognized by New Jersey Business Magazine 2024
  • Top 100 Privately Owned Company in the Metro NYC Market
  • Top 50 Employer in New Jersey

PIM123

#LI-JD1

Job Summary

JOB TYPE

Full Time

SALARY

$63k-87k (estimate)

POST DATE

03/18/2024

EXPIRATION DATE

05/17/2024

WEBSITE

promotioninmotion.com

HEADQUARTERS

Allendale, NJ

SIZE

500 - 1,000

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The following is the career advancement route for Deduction Specialist positions, which can be used as a reference in future career path planning. As a Deduction Specialist, it can be promoted into senior positions as a Billing Analyst III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Deduction Specialist. You can explore the career advancement for a Deduction Specialist below and select your interested title to get hiring information.