Deductions Specialist

Stanley Black & Decker
Mississauga
Workplace: HybridFull timeUSD 75,000 - 85,000 annuallyFunction: Finance & AccountingExperience: 2-5 yearsEducation: bachelorsSkills: ["Communication","Organizational skills","Analytical thinking","Decision-making","Independent work","Continuous improvement","Results orientation","Attention to detail"]

Review, validate, and resolve customer deductions across promotions, pricing discrepancies, shortages, returns, rebates, and trade disputes for the Canada Tools businesses. Partner with Sales, Customer Service, Finance, Accounts Receivable, and Shared Services to reconcile deduction activity, manage deduction aging, and support month/quarter-end close. Maintain audit-ready documentation, ensure internal controls compliance, and drive process improvements to improve recovery rates and reduce invalid deductions.

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Stanley Black & Decker
Stanley Black & Decker
13 hours ago

Deductions Specialist

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Source: Company careers pageValidated by: Fursa AI
Last checked: 13 hours agoStatus: Live

Job Summary

Review, validate, and resolve customer deductions across promotions, pricing discrepancies, shortages, returns, rebates, and trade disputes for the Canada Tools businesses. Partner with Sales, Customer Service, Finance, Accounts Receivable, and Shared Services to reconcile deduction activity, manage deduction aging, and support month/quarter-end close. Maintain audit-ready documentation, ensure internal controls compliance, and drive process improvements to improve recovery rates and reduce invalid deductions.
Location: Mississauga
Workplace: Hybrid
Employment Type: Full time
Job Function: Finance & Accounting
Seniority: Mid level

Key Responsibilities

  • •Research, review, validate, and resolve customer deductions related to promotions, pricing discrepancies, shortages, returns, rebates, and other trade claims.
  • •Partner with cross-functional teams (Sales, Customer Service, Finance/Accounts Receivable, and Shared Services) to investigate and resolve open deductions timely.
  • •Determine deduction validity and process resolutions including approvals, chargebacks, recoveries, and dispute submissions.
  • •Monitor and manage deduction aging and support month-end/quarter-end close activities by reconciling balances and preparing account analyses.
  • •Maintain accurate records and ensure compliance with internal controls, delegation of authority, and support internal/external audit requests with documentation and evidence.

Pay and Benefits

Salary: USD 75,000 - 85,000 annually
Perks:EquityGym Membership

Key Requirements

  • •Bachelor’s degree in Accounting or Finance (CPA or MBA is a plus).
  • •Minimum 2–5 years’ experience in deductions management, accounts receivable, trade finance, order-to-cash, customer claims, or related finance/accounting work.
  • •Strong knowledge of MS Excel, including working with large files and functions such as pivot tables, VLOOKUP, and SUMIF.
  • •Ability to discuss matters effectively with non-financial associates at all levels.
  • •Strong organizational, analytical, and decision-making skills with attention to detail, able to work independently and be continuous-improvement minded.
Experience:2-5 yearsOrder-to-cashAccounts receivableTrade financeCustomer claimsDeductions management
Education:Bachelor's in Accounting or Finance
Skills:CommunicationOrganizational skillsAnalytical thinkingDecision-makingIndependent workContinuous improvementResults orientationAttention to detail
Certifications:CPAMBA
Tech Stack:MS ExcelPower BIPivot tablesVLOOKUPSUMIF

Company Brief

Stanley Black & Decker
Designs and manufactures hand tools, power tools, storage products, and industrial equipment for professional, industrial, and consumer customers. The company also provides engineered fastening, security, and infrastructure solutions through a portfolio of well-known brands.
Industry: Manufacturing
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: New Britain, United States
Founded: 2010
Glassdoor
Glassdoor: 3.5
Website