Deductions Coordinator

Posted 13 Days Ago
Be an Early Applicant
Austin, TX
Hybrid
Junior
Other
Nutrabolt's mission is to innovate, inspire, and make products that maximize human potential accessible to all.
The Role
As a Deductions Coordinator, you will evaluate and validate customer payment requests, match valid deductions to trade promotions, file claims for invalid deductions, and provide analytical support to improve trade ROI and reduce expenses. You will work closely with AR, Finance, Sales, and Supply Chain to enhance profitability and prepare reports on deductions and settlements.
Summary Generated by Built In

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.


Note to applicants: This role is located in Austin, TX. 

Who You Are: As Nutrabolt’s Deduction Analyst you will serve as a lead strategic finance partner, validating check requests/deductions and matching to planned trade promos or designated expense types, requesting repayment for invalid deductions and providing insightful analysis on trade/expense spend activities and trends.  You will partner with AR, Finance, Sales and Supply Chain to help improve trade ROI and reduce expense spending.           

What You're Good At:

  • Evaluate, validate and clear customer payment requests/ deductions in accordance with company guidelines
  • For valid check requests/deductions, match to appropriate trade promotion; for invalid claims, file repayment claim with customer with a timely manner
  • Interface with key stakeholders across the organization to provide actionable data that helps improve profitability
  • Display a continuous improvement mindset
  • Assist in preparation of monthly, quarterly and annual reports regarding deductions and settlements
  • Improving sales performance by analyzing results, monitoring variances, identifying trends, and recommending actions to management
  • Reconciling transactions by comparing and correcting data
    • In this role your goals and KPIs will be focused around:
      • Open Deduction Aging
      • Open Deduction Balance
      • Deduction clearing accuracy
      • Expense spend reduction
      • Invalid deduction repayment/recovery

What You Contribute: 

  • 2+ years in an analytical role, preferably within the CPG industry
  • Basic accounting and P&L understanding
  • Proficient with MS Suite (Excel, Word, Power Point, etc)
  • Familiarity with Walmart and other retail companies a plus
  • Driven and passionate about growing the business and achieving strategic milestones
  • Intellectually curious
  • Is a problem solver
  • Adaptable, a quick learner and takes it upon themselves to go figure it out
  • Proven success working with cross-functional partners
  • Proactive and always one step ahead of the game
  • Effective verbal and written communication skills

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 (Hybrid) 




Please review our CCPA policy here. 

By providing your phone number, you consent to receiving text communications related to your job application via SMS from Nutrabolt. Applicable messaging and data rates may apply. You may opt out at any time by replying STOP. View our terms of use for additional details.

Top Skills

Excel
Power Point
Word
The Company
Austin, TX
365 Employees
Hybrid Workplace
Year Founded: 2002

What We Do

We're a global leader in active nutrition and better-for-you performance beverages, known and trusted by millions of active individuals and people looking to optimize their performance in all aspects of life. The company’s portfolio includes industry-leading sports nutrition brands: Cellucor®, C4 Energy®, and XTEND®. Our dedication to performance and holistic wellness extends far past our family of brands, and into each of our teams' day-to-day lives.

Nutrabolt’s teammates are united by our mission. We care deeply about our people, planet, and communities. At Nutrabolt, our teammates take ownership in creating a healthy environment for our teammates that promotes strong bodies, clear minds, and a culture of respect and belonging for all.

Our drive for high performance is bolstered by our focus on inclusivity, allyship, and respect for all individuals. We believe that the unique expertise held in a diverse workforce inspires creative solutions. Our employee-lead DE&I Council provides a forum where all voices are heard, and ensure our teammates are always learning. We believe in each of our people, and offer a number of growth opportunities.

Nutrabolt is dedicated to responsible operations that will help preserve our planet. We’re constantly exploring improvements to our products, packaging, and processes that will help minimize our carbon footprint, and become as eco friendly as possible.

Our mantra is to grow and give back. Since the beginning, Nutrabolt has placed a strong focus on the positive impact each of us can make in our communities. From the annual Grow and Give Back Holiday Drive in Austin -- to the yearlong individual efforts of our local, global, and remote teammates -- we’re known to be service minded. We celebrate teammates who are kind at heart and care to make a difference.

Why Work With Us

We care deeply about our people, planet, and communities. At Nutrabolt, our teammates are united by our mission, and our drive for high performance is bolstered by our focus on inclusivity, allyship, and acceptance for all individuals.

We take ownership in promoting holistic wellness promoting strong bodies, clear minds, and a culture of respect.

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