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Deduction Resolution Analyst Jobs in Illinois (NOW HIRING)

Weiman Products LLC

Deductions Analyst

Gurnee, IL · On-site

$50K - $60K/yr

Deductions Analyst Hybrid- Gurnee, IL Who We Are: PurposeBuilt Brands, rooted in a legacy dating ... The Deduction Specialist is responsible for deduction resolution, problem solving, and researching ...

Freseniusglobal

Sr Rebate Analyst

Lake Zurich, IL · Hybrid

$85K - $90K/yr

The Sr Rebates Analyst will also provide rebates processing and deduction resolution support, if and when, needed. The Sr Rebate Analyst is responsible for maintaining and developing strong ...

Fresenius Kabi

Sr Rebate Analyst

Lake Zurich, IL · On-site

$85 - $90/hr

The Sr Rebates Analyst will also provide rebates processing and deduction resolution support, if and when, needed. The Sr Rebate Analyst is responsible for maintaining and developing strong ...

Fresenius Kabi

Sr Rebate Analyst

Lake Zurich, IL · On-site

$85K - $90K/yr

The Sr Rebates Analyst will also provide rebates processing and deduction resolution support, if and when, needed. The Sr Rebate Analyst is responsible for maintaining and developing strong ...

Conagra Brands

Sales Support Coordinator

Chicago, IL · Hybrid

$69K - $92K/yr

... deduction resolution, and assist with check payment requests when applicable. * Provide customer and plan execution details to support post-event analysis activities. * Maintain weekly and monthly ...

Conagra Brands, Inc.

Sales Support Coordinator

Chicago, IL · On-site

$69K - $92K/yr

... deduction resolution, and assist with check payment requests when applicable. * Provide customer and plan execution details to support post-event analysis activities. * Maintain weekly and monthly ...

Aston Carter

Payroll Analyst

Loves Park, IL · On-site

Review and validate payroll entries, earnings, deductions, and hours to ensure correct payment to ... Address benefit inquiries from employees and stakeholders, ensuring timely and accurate resolution ...

Aston Carter

Payroll Analyst

Loves Park, IL · On-site

$25 - $31/hr

Review and validate payroll entries, earnings, deductions, and hours to ensure correct payment to ... Address benefit inquiries from employees and stakeholders, ensuring timely and accurate resolution ...

tms

AR Analyst

Chicago, IL · Hybrid

$60K - $63K/yr

A customer-focused mindset that supports effective dispute management, claim resolution, and ... Knowledge of customer deductions, dispute management and order to cash process. Any of the ...

Composites One

Senior Credit Analyst

Schaumburg, IL · On-site

$80K - $100K/yr

... pays, disputes, deductions, and returned payments * Provide documentation (invoices, PODs ... Negotiation & dispute resolution * Cross-functional collaboration (Sales, Operations, Finance)

Composites One

Senior Credit Analyst

Schaumburg, IL · On-site

$80K - $100K/hr

... pays, disputes, deductions, and returned payments * Provide documentation (invoices, PODs ... Negotiation & dispute resolution * Cross-functional collaboration (Sales, Operations, Finance)

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Deduction Resolution Analyst information

What is a deduction resolution analyst?

Deduction Resolution Analysts are professionals responsible for investigating and resolving payment deductions taken by customers from invoices, often in accounts receivable departments. They analyze the validity of deductions, collaborate with internal teams and customers, and ensure that disputes are resolved in a timely manner. Their work helps companies maintain accurate financial records and recover revenue that may otherwise be lost due to unauthorized or incorrect deductions.

What are some common challenges faced by deduction resolution analysts and how are they typically addressed?

Deduction Resolution Analysts often encounter challenges such as resolving complex payment discrepancies, navigating incomplete documentation, and managing high volumes of disputed transactions. These issues are typically addressed through rigorous attention to detail, strong communication with both internal teams and external customers, and effective use of deduction management software. Analysts also rely on well-established processes and support from cross-functional departments like sales, accounts receivable, and customer service to resolve issues efficiently and minimize future deductions.

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

To thrive as a Deduction Resolution Analyst, you need strong analytical skills, attention to detail, and a background in finance, accounting, or business administration. Familiarity with ERP systems like SAP or Oracle, proficiency in Excel, and knowledge of claims management software are typically required. Effective communication, problem-solving ability, and perseverance are standout soft skills for this role. These skills ensure that deduction issues are accurately identified, investigated, and resolved efficiently, minimizing financial losses for the organization.

What is the difference between Deduction Resolution Analyst vs Accounts Receivable Specialist?

AspectDeduction Resolution AnalystAccounts Receivable Specialist
CredentialsTypically requires a high school diploma or equivalent; some roles prefer certifications in accounting or financeUsually requires a high school diploma; some roles benefit from accounting or finance certifications
Work EnvironmentOffice setting, handling deduction disputes and resolution processesOffice environment, managing invoicing, payments, and collections
Industry UsageCommon in retail, manufacturing, and distribution sectorsWidely used across various industries including retail, healthcare, and manufacturing

While both roles involve financial transactions, a Deduction Resolution Analyst primarily focuses on resolving deduction disputes and ensuring accurate account balances, whereas an Accounts Receivable Specialist manages invoicing, collections, and payment processing. The roles often overlap in skills and industry usage but differ in specific responsibilities and focus areas.

What are popular job titles related to Deduction Resolution Analyst jobs in Illinois?

For Deduction Resolution Analyst jobs in Illinois, the most frequently searched job titles are:

What job categories do people searching Deduction Resolution Analyst jobs in Illinois look for?

The top searched job categories for Deduction Resolution Analyst jobs in Illinois are:

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Cities in Illinois with the most Deduction Resolution Analyst job openings:

Deduction Resolution Analyst jobs near you

Deductions Analyst

Weiman Products LLC

Gurnee, IL • On-site

$50K - $60K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

This job post has expired 1 day ago. Applications are no longer accepted.

Job description

Deductions Analyst

Hybrid- Gurnee, IL

Who We Are:

PurposeBuilt Brands, rooted in a legacy dating back to Weiman, stands as a pioneer in crafting top-tier products for specialty surfaces. Our beloved brands, including Weiman, Goo Gone, Green Gobbler, Biokleen, Gonzo, Magic, Wright’s, Stone Care International, Urnex, Five Star, and Micro-Scientific, are preferred choices among consumers and seasoned professionals alike.

At PBB, we seek to hire employees who bring a level of engagement, drive, and performance that pushes business forward. We work together and are motivated by positive results, while continuously thriving in a scrappy environment. We believe our greatest assets are the talented and passionate employees who are motivated by our purposeful work. Our company may be 60 years old, but the real growth is just getting started.

The Role:

The Deduction Specialist is responsible for deduction resolution, problem solving, and researching discrepancies with payments from customers. This position will also assist the Accounting department with projects as needed.

What You Will Do:.

  • Manage and analyze deductions and short payments on invoices paid
  • Perform weekly calls to customers and brokers for deduction documents
  • Ensure all outstanding deductions are researched and resolved
  • Analyze information to process incomplete payments from customer
  • Complete and process approved credits
  • Responsible for filing freight claim forms
  • Handle all follow up with freight carriers on outstanding freight claims
  • Assist with account receivables functions when needed
  • Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

What You Will Bring:

  • Bachelor’s Degree or Equivalent
  • Basic Accounting experience with Deductions and Cash Application
  • Proficient with Excel, MS Word, and Outlook
  • Strong communications skills both verbally and written
  • Great customer service skills
  • Ability to handle multiple tasks simultaneously with speed and accuracy in a fast-paced environment


Compensation Range:

$50,000-$60,000

Our salary ranges are determined by role, level, and location. The range displayed on each job posting reflects the minimum and maximum target salaries for the position across all US locations. Within the range, individual pay is determined by job related skills, experience, location, and relevant education or training. Your recruiter can share more about the specifics for each salary range.


Benefits:

PBB offers a wide range of benefits because we understand no two employees are the same. We want our employees to feel empowered to set their day up for success, whether that's in the office or remote.

What We Offer:

Flexible work options (fully remote, hybrid, onsite)

Generous paid time off

Competitive salaries and bonus incentives

401K company match

Competitive medical, dental, & vision insurance

Pet insurance

Annual fitness stipend

Unmatched employee discount on all products

Summer Hours

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