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Accounts Receivable Deductions Analyst
Company | SUN PHARMA |
Address | Brampton, Ontario, Canada |
Employment type | FULL_TIME |
Salary | |
Category | Pharmaceutical Manufacturing |
Expires | 2023-10-03 |
Posted at | 8 months ago |
Taro Pharmaceuticals Inc. is a multinational, specialty pharmaceutical company with a vision of reaching people and touching lives globally as a leading provider of valued medicines. We are dedicated to meeting the needs of our customers and the overall community through the innovation, development, manufacturing and marketing of the highest quality healthcare products.
Established in 1950, Taro’s world class production facility is located in Brampton, Ontario, with a current team of over 600 Canadian employees. Our company’s focus on the dermatology sector has made us a leading manufacturer and supplier of specialized topical products with a diverse portfolio of creams, ointments, liquids, and gels.
With support from our parent company, Sun Pharma, one of the world’s largest specialty generic pharmaceutical companies, we are committed to providing a healthy, safe and rewarding environment for all of our employees.
Our reward packages have been designed to meet the needs of our diverse workforce and their families. For additional information visit: www.taro.com.
What we offer:
A safe and clean; GMP regulated work environment
Opportunities for career growth and development
A competitive wage/salary
Incentive bonus programs that are designed to reward employees for their individual contributions
Benefit programs designed to support our employees and their families, including a comprehensive health & dental benefits package, group RRSP matching program, direct access to healthcare and well-being programs, and paid time off
Employee training and organizational development programs including tuition reimbursement, internal mobility programs, and employee recognition programs
Our Brampton location is presently looking for Accounts Receivable Deductions Analyst
Job purpose
The primary responsibility is in deduction management and resolution, providing prompt turnover of invoices and deductions. Review aging reports, determine collection and deduction resolution priorities, contact delinquent customers to secure payment, enter collection notes, investigate and determine resolution on customer deductions and either collect unauthorized deductions or prepare credit, as appropriate. In addition, this role includes cover for accounts receivable functions such as cash application, credit/debit memo offset and management report writing.
Duties and responsibilities
List the primary job duties and responsibilities
- Communicate problems/opportunities in a timely manner as they relate to customer’s payment and/or pending orders with customer’s A/P and procurement departments, field sales/management, customer service and as appropriate.
- Prepare, verify and complete data entry of pricing, promotional, return and or other credit memo documents from AAF and CAF in lotus notes.
- Maintain, compile and report information from the SAP system on credits and deductions to both customers and Management, cash projections in particular.
- Research and resolve customer deductions; coordinate with business partners to resolve contested items, recommend appropriate action for item handling. Either issue credit or contact customer to collect unauthorized deductions.
OTHER DUTIES AND RESPONSIBILITIES
- Credit and deduction offset
- AR aging report with comments to management
- Apply Cash Receipts
Qualifications
Qualifications include:
- A minimum of 3-5 years of deduction resolution and analytical reporting.
- Excellent interpersonal, oral and written communication skills.
- Advanced excel skills required.
- Diploma/ Bachelor’s degree in Accounting/Business strongly preferred.
- Knowledge of Sarbanes-Oxley is an asset
- Strong analytical and research skills.
- Experience with SAP is a must.
Working conditions
Forty hour standard work week with occasional over time, as required
We thank all applicants, but only those selected for further consideration will be contacted. No phone calls please.
This position is open to applicants legally authorized to work in Canada.
Taro Pharmaceuticals Inc. embraces diversity in the workplace and is committed to achieving employment equity. Our goal is to attract, develop and retain highly talented employees from diverse backgrounds, allowing us to benefit from a wide variety of experiences and perspectives. We ensure that our recruitment practices are supportive of this commitment and do not infringe on any characteristics protected by law.
In accordance with the Accessibility for Ontarians with Disabilities Act, 2005, and the Ontario Human Rights Code, Taro Pharmaceuticals Inc. will provide accommodation throughout the recruitment and selection process to applicants with disabilities. If selected to participate in the recruitment and selection process, please inform Human Resources of the nature of accommodation(s) that you may require in respect of any materials or processes used to ensure your equal participation.
NOTE: All employment is conditional upon the completing and obtaining of a satisfactory background check which may include educational, employment, references and criminal records (for which a pardon has not been granted) checks.
AGENCY NOTICE: Please note that Taro Pharmaceuticals Inc. does not accept unsolicited resumes from recruiters or employment agencies. In the absence of a signed Services Agreement with an agency / recruiter, Taro Pharmaceuticals Inc. will not consider any referrals or agree to payment of referral or recruitment fees. In the event a recruiter or an agency submits a resume or candidate without a previously signed agreement, Taro Pharmaceuticals Inc. explicitly reserves the right to pursue and hire those candidate(s) without any financial obligation to the recruiter or agency.
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