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Cpg Deductions Jobs in Iowa (NOW HIRING)

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Cpg Deductions information

What are CPG deductions?

CPG deductions refer to the various financial deductions or chargebacks that occur in the Consumer Packaged Goods (CPG) industry, typically when retailers subtract amounts from payments to suppliers due to reasons such as promotional allowances, damages, shortages, or compliance issues. Managing CPG deductions is crucial because unresolved or incorrect deductions can significantly impact a company's revenue and profit margins. Effective deduction management involves identifying, validating, and resolving these deductions to ensure accurate financial records and maintain strong relationships with retail partners.

What are the key skills and qualifications needed to thrive as a CPG deductions analyst, and why are they important?

To thrive as a CPG Deductions Analyst, you need strong analytical skills, attention to detail, and a background in finance or accounting, often supported by a relevant degree. Proficiency with ERP systems like SAP or Oracle, Excel, and deduction management software is typically required. Excellent communication, problem-solving abilities, and organizational skills help you resolve discrepancies and collaborate with cross-functional teams. These skills ensure accurate financial reconciliation, minimize revenue loss, and maintain healthy relationships with retail partners.

What are some common challenges faced by CPG deductions analysts and how can they be managed?

CPG Deductions Analysts often encounter challenges such as reconciling high volumes of deduction claims, identifying unauthorized or invalid deductions, and balancing communication between internal teams and retail partners. To manage these challenges, strong analytical skills, attention to detail, and effective use of deduction management software are essential. Collaborating closely with sales, customer service, and accounts receivable teams helps ensure timely resolution and prevents future disputes, while maintaining organized processes can reduce errors and workload stress.

What is the difference between Cpg Deductions vs Cpg Accounts Payable Specialist?

AspectCpg DeductionsCpg Accounts Payable Specialist
Primary RoleManaging and reconciling deductions from payments, ensuring accurate deduction processingProcessing and verifying vendor invoices, managing payments to suppliers
Required CredentialsKnowledge of deduction processes, basic accounting skillsAccounting or finance background, proficiency in accounts payable software
Work EnvironmentFinance or accounting departments within consumer packaged goods companiesFinance or accounting departments, often in larger corporate settings
Industry UsageCommonly used in retail, manufacturing, and CPG industries for deduction managementWidely used across industries for invoice and payment processing

While both roles operate within finance and accounting, Cpg Deductions focuses on managing deduction processes related to payments, whereas Cpg Accounts Payable Specialist handles invoice processing and vendor payments. Understanding these differences helps clarify career paths and job expectations in the CPG industry.

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For Cpg Deductions jobs in Iowa, the most frequently searched job titles are:

What job categories do people searching Cpg Deductions jobs in Iowa look for?

The top searched job categories for Cpg Deductions jobs in Iowa are:

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Cities in Iowa with the most Cpg Deductions job openings:

Cpg Deductions jobs near you

Associate Business Development Manager - AWG Nashville/Memphis

Wells Enterprises, Inc

Le Mars, IA • Remote

Full-time

Posted 15 days ago

Wells Enterprises rating

7.3

Company rating: 7.3 out of 10

Based on 20 frontline employees who took The Breakroom Quiz

181st of 444 rated food and drinks producers

Job description

Company: Wells Enterprises (a Ferrero Company)

Functional Area: Retail Sales

The Role

The Associate Business Development Manager is responsible for achieving sales and trade spending objectives in support of strategic growth plans for the AWG team.

What You'll Do

Account Responsibilities:

  • AWG Nashville (Riesdbecks, Food Country, George Town IGA, Price Cutter, Tiegen's Value Markets Mid-South (Memphis) Super Lo, GES Food Giant, Castle Retail, Hays)
  • Assist with Houchen's Food Giant

Execution

  • Promo Validation/Analysis
  • Post-promo Analysis for meetings
  • Optimize promotional strategies
  • Price points, items, timing, frequency
  • CPI Support
  • Price Tracking
  • Price Advance Support
  • OOS/Scan Monitoring

Business Support

  • Post-Audit research
  • Case projections for display ordering
  • Data for Sales Finance to reconcile deductions

Wells Execution

  • Annual Planning / CPT Management / Forecast/ Trade
  • Deductions/Claims Reconciliation
  • Shopper / Ecomm Partnership
  • Ordering Samples
  • PO Tracking
  • Ferrero/Ferrera Partnership
  • Business Planning Meetings (ie. Top Tier, Fast Start, etc)

What You'll Bring

  • Bachelor's degree in Business or related field required. 
  • Minimum of 2 years Account Selling experience with a CPG company.  
  • Presentation skills and strong influential communication skills. 
  • Problem solving and analytical skills. 
  • High level of interpersonal skills to help foster and develop relationships that will continue to help grow the business base and create opportunities for future growth. 
  • Ability to prioritize and multi-task within a broad scope of responsibility and a fast-paced environment. 

#LI-remote

Wells Enterprises is an EEO/AA employer M/F/Vet/Dis

What Wells Enterprises employees say

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