AR Analyst

Based in Schaumburg, IL, Mizkan America is a subsidiary of the Mizkan Group, a global, family-owned company that has been Bringing Flavor to Life™ for over 220 years. As one of the leading makers of vinegars, condiments, and sauces in the United States, Mizkan America maintains 12 manufacturing facilities that serve the retail, foodservice, specialty-Asian, and food-ingredient trade channels. We are committed to following our two core principles: continuously challenging the status quo and delivering only the finest products for our customers. Our leadership seeks out, embraces, and implements ideas for improvement from all of its employees. Transparency and accountability are two key factors that drive our company’s overall management approach.

We are looking for people who are seeking to deliver their best so that we can deliver ours. Above all, we’re dedicated to maximizing the potential of our greatest assets—our team members. That’s reflected in our ongoing commitment to recruit, develop, reward, and retain our talented, multicultural workforce. We hope to see you as part of our team’s future success!

COMMENTS:  This job description reflects assignment of essential functions. It does not prescribe or restrict the tasks that may be assigned.

SUMMARY: The Accounts Receivable Analyst will play a key role in managing customer payments, cash application, and deduction resolution. This position is responsible for ensuring timely and accurate posting of customer payments, researching and resolving short-pays, trade promotions, and other customer deductions. The ideal candidate will have strong analytical skills, attention to detail, and the ability to collaborate cross-functionally with Sales, Trade, and Customer Service teams.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Process and apply customer payments (checks, ACH, wires, and lockbox) accurately and timely in the ERP system.
• Reconcile customer accounts, ensuring payments and deductions are correctly matched to invoices.
• Research and resolve customer deductions, including trade promotions, pricing disputes, shortages, and freight claims.
• Partner with Sales, Trade Marketing, and Customer Service to validate and resolve deductions.
• Maintain deduction back-up documentation and support month-end AR reporting.
• Identify recurring deduction trends and root causes behind deductions to recommend process improvements to reduce invalid deductions.
• Assist with cash forecasting by providing visibility into unapplied payments and deduction balances.
• Support AR month-end close, including reconciliations and reporting.
• Respond timely to requests from management, auditors or other business units.
• Build strong customer relationships to facilitate resolution of payment and deduction issues.

EDUCATION, EXPERIENCE, AND QUALIFICATIONS:

• Bachelor’s degree in accounting/ finance preferred.
• Minimum of 3 years of related Accounts Receivable experience required, preferably in the food & beverage or consumer packaged goods industry.
• Strong understanding of cash application, deductions, and AR best practices.
• Experience with trade promotions, retailer deductions, and distributor programs a plus.
• Strong ERP experienced in AR required – Microsoft Dynamics D365 and High Radius a plus but not required and advanced Excel skills.
• Strong analytical, problem-solving, and multitasker with strong organizational skills.
• Excellent communication skills with ability to work cross-functionally.
• Detail-oriented and able to work in a fast-paced environment with tight deadlines.

The annual base salary for this position ranges from $56,100 - $70,100.

Compensation is based on a number of factors including market location and may vary depending on job-related knowledge, skills and experience. Short-Term Incentive and other forms of compensation may also be provided as part of a total compensation package.

A full range of medical, dental, vision, 401K plus up-to-four percent (4%) match, profit sharing, wellness program, paid parental leave, long-term-care insurance, critical accident insurance, short- and long-term disability and education assistance are also available.

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Salary : $56,100 - $70,100