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Bosch Deductions Analyst in Mount Prospect, Illinois

Company Description

GO WITH THE TEAM THAT’S SHAPING TOMORROW WITH NEW IDEAS EVERY DAY.

At the Robert Bosch Tool Corporation , we know that every career matters. Which is why you should conduct yours on a grand scale. Headquartered in the northwest Chicago suburb of Mount Prospect, we are a division of Bosch, a multinational engineering and electronics organization and the largest privately held employer in the world.

Guided by the principles of founder Robert Bosch, we offer a setting where social and environmental responsibility are part of our corporate DNA. Always mindful of our impact on the future, we are committed to sustainability, paying it forward, giving back, and lifelong learning. These are but a few of the reasons why our parent company has more than 400,000 associates and a legacy of success spanning 135+ years.

Play an integral role in a division that drives the success of our large, privately held consumer packaged goods organization. Offering the vast resources to maximize your effectiveness, we provide the support you need to achieve your most important objectives. Featuring such popular brands as Bosch®, Dremel®, and RotoZip®, we offer opportunities to reinforce our strong reputation for quality, grow new business, and expand upon our existing relationships with some of the most influential distributors in power tools.

This is your chance to Go big. Go bold. And use your skills to drive success on a massive scale, with the Robert Bosch Tool Corporation!

GO BOSCH, AND EXPERIENCE BIG REWARDS.

Job Description

This role is hybrid remote with 60% weekly in-office presence in Mount Prospect, Illinois. (3 days in office per week)

This position provides the data management and visualization activities necessary to support the department’s function of analyzing and reporting customers’ deductions data to determine validity and resolution requirements. Responsible for processing a defined portfolio of complex customer deductions, requiring collaboration with other departments for resolution.

Job responsibilities include the following:

  • Reviewing, gathering supporting documentation, and processing high volumes of deductions, including pricing, promotions, fines, freight, rebate, quantity and post audits.

  • Ensuring deductions clearing is in line with budget/accruals and gain proper approvals.

  • Researching, analyzing, tracking and clearing complex customer deductions, working with teams to determine validity and resolution requirements, including dispute processing and collecting on charge backs.

  • Driving, leading, and contributing to cross-functional work with Sales, Partner Teams, & Customers to resolve customer payment discrepancies.

  • Coordinating analysis and resolution of deductions and large-scale issues.

  • Creating and running reports to illustrate customers’ open receivables to internal stake-holders (Finance, Sales, Logistics), merging customers’ data with internal data to identify trends and drive payment resolution with major retailer partners.

  • Helping develop data automation opportunities for existing business processes.

  • Providing input into strategic initiatives and helping drive process improvement by identifying issues, creating, and implementing corrective action plans, yielding improved techniques and standards.

  • Participating in large scale projects to accomplish company goals and cost savings.

  • Technical process expertise/owner within and across functions.

  • Establishing policies and procedures by exercising discretion and independent judgment.

  • Demonstrating process improvement and project management skills including planning, prioritizing, tracking coordinating process, change and risk management.

Qualifications

  • Associates Degree or over 5 years of experience required (Finance, Accounting, Logistics, Data Management)

  • Bachelor's Degree preferred

  • Expert knowledge of finance and deductions, normally associated with 5 or more years of experience in functional area.

  • Advanced skills working with excel, graphs, and pivot tables is required.

  • ERP knowledge and SAP experience required.

  • Experience with Power BI or comparable data visualization tools is preferred

  • Ability to handle multiple tasks and work in a fast pace, pressured environment, meeting deadlines on a consistent basis.

  • Ability to gather data, independently analyze and problem-solve, and be persistent in bringing issues to conclusion.

  • Must be organized and detail oriented.

  • Must be able to prioritize own work and help guide others in their own prioritization.

  • Must have strong and effective written and verbal communication with various audience levels.

  • Ability to coach, collaborate with and influencing others.

  • Informally leads by example with a positive attitude and entrepreneurial mindset.

  • Strives for positive and effective working relationships within groups; inspires diversity and inclusion.

  • Open to change and technology, adjusts quickly to ambiguity and shifting goals. Demonstrates project management skills including planning, prioritizing, tracking, coordinating, change and risk management.

Additional Information

By choice, we are committed to a diverse workforce - EOE/Protected Veteran/Disabled.

BOSCH is a proud supporter of STEM (Science, Technology, Engineering & Mathematics) Initiatives

  • FIRST Robotics (For Inspiration and Recognition of Science and Technology)

  • AWIM (A World In Motion)

Indefinite U.S. work authorized individuals only. Future sponsorship for work authorization is not available.

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