Deductions Lead

Posted 2.23.24
Location
Austin, TX

Who We Are:

Nutrabolt is a fast-growing, global active health and wellness company with a portfolio of market leading performance-oriented brands that energize and fuel active lifestyles. The company’s disruptive and innovative products compete in the Functional Beverage and Active Nutrition segments, under three consumer-loved brands: C4® (one of the fastest-growing energy drink brands in the United States and the #1 selling global pre-workout brand), XTEND® (the #1 post-workout recovery brand in the United States), and Cellucor® (an award-winning sports nutrition brand created in 2002).

Since its founding 20 years ago, Nutrabolt has set out to meet the discerning needs of performance athletes and fitness enthusiasts, while appealing beyond this core group to include consumers around the globe who are making healthy, active living a daily priority.

As a Certified Great Place to Work, Top Workplaces USA honoree, Fortune Best Workplace in Texas, and more – Nutrabolt cares deeply about our people, planet, and the communities we serve. Here, our teammates are united by our mission, and take ownership in creating a healthy workplace environment that promotes strong bodies, clear minds, and a culture of respect and belonging for all.

 

Who You Are:

As Nutrabolt’s Deductions Lead, you will be responsible for managing the Deductions Team who is responsible for reconciling and applying trade and non-trade related deductions within our systems. This role will work collaboratively with the Accounting, Finance, Sales, Supply Chain teams, and our retail partners to help improve trade ROI, provide spend reporting and reduce non-trade charges.

This role is eligible to participate in our Management Bonus Plan.             

What You’re Good At:

  • Managing a team, with direct focus on promoting effective delegation and staff utilization, professional development, and cross-training
  • Overseeing all departmental activities, such as deduction application and dispute resolution to ensure that they are completed accurately and executed in a timely manner to support the monthly financial close
  • Determining strategies for transaction processing efficiencies and leading implementation of new processes and system functionality
  • Managing invalid deductions and tracking disputes with customers for repayment
  • Monitoring compliance of accounting policies and internal controls and supporting internal and external audits
  • Working with cross-functional teams responsible for fielding process related questions and being a subject matter expert
  • Creating and delivering to management reporting metrics to ensure teams are functioning effectively as well as providing month-end reporting such as (but not limited to) actual spend GL details, open deductions reporting, non-trade actuals (shortages, damages, shipping fines) to support the monthly financial close
  • Providing backup support for AR (cross-training, coverage)

What You Contribute: 

  • Degree in Business Administration, Accounting, Finance, or related field
  • 3-5+ years of experience in order-to-cash/trade deductions, accounting, or financial analytical role within the CPG industry (required)
  • Basic accounting and P&L understanding
  • Advanced skills within MS Suite (Excel, Word, Power Point, etc)
  • Experience working with large ERP software (Dynamics, NetSuite, SAP, JD Edwards, etc.)
  • Excellent communication and organizational skills
  • Ability to work in a fast-paced environment and meet deadlines
  • Exposure/Proficiency in Trade Management Systems such as AFS, Blacksmith, etc.
  • High Radius Cash App/Deductions Platform experience preferred

Why Nutrabolt?

Wellness Benefits

Nutrabolt cares about our teammates’ physical, mental, and financial wellness by providing benefits like: competitive health insurance, life insurance, mental wellness programs, 401K matching, and a Lifestyle Spending Account.

Lifestyle Perks

We offer unlimited vacation paid time off and volunteer time off. You’ll get discounts on C4 Energy, Cellucor, and XTEND products, too!

Family Support 

We want you to reach your full potential at work by taking care of all loved ones at home. We provide paid parental leave, in addition to reimbursement for expenses related to childcare, fertility treatments, legal fees, and more through our Lifestyle Spending Account.

Employment Type: Full-time

 

Please review our CCPA policy here. 

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