Spindrift Staff Accountant
Spindrift Beverage Co, Inc. · Newton, MA · 3 mo ago
On-siteAccounting$65k–$75k/yrFull-time
Responsibilities
- Report to the Accounting Supervisor
- Process and reconcile trade deductions in a timely manner
- Research deduction backup to validate or dispute deductions
- Classify deductions by type and ensure proper accounting treatment
- Create and post credit memos for approved deductions
- Maintain clear audit trails for all adjustments
- Identify invalid or unsupported deductions and prepare dispute packages
- Follow through on resolution of disputes
- Leverage trade management tools to create monthly accruals and reconcile deductions
- Reconcile bottle deposits and review broker commissions on a monthly basis
- Cross-functional collaboration with Sales, FP&A, Supply Chain, and Customer Service
- Communicate deduction status and aging to internal stakeholders
- Support Sales team with customer-specific deduction reporting and chargeback documentation
- Prepare and maintain trade deduction aging schedule
- Generate regular deduction reporting by customer, category, and deduction type
- Support audit requests related to trade spending, customer allowances, and AR balances
- Ensure deduction workflows follow internal controls and documentation standards
- Streamline deduction intake, classification, and resolution processes
- Develop and maintain standard operating procedures (SOPs) for trade deduction handling
Requirements
- 2+ years of accounting or finance experience; prior exposure to trade deductions, chargebacks, or accounts receivable in a CPG, food & beverage, or consumer goods environment strongly preferred
- Bachelor's Degree in Accounting or Finance
- Working knowledge of trade promotion mechanics common in CPG (off-invoice allowances, scan-backs, bill-backs, MCBs, OI, compliance deductions)
- Experience with cash application, credit memo processing, and general ledger reconciliation
- Strong attention to detail and organizational skills; able to manage a high volume of open items while maintaining accuracy
- Clear written and verbal communication skills; comfortable working cross-functionally with Sales, Logistics, and Customer Service teams
- Intermediate Excel skills (pivot tables, VLOOKUP/XLOOKUP, filtering and sorting large data sets)
- Prior experience with deduction management software or trade promotion management (TPM) systems, especially BluePlanner, is a plus