Job Description:
Title: Associate Settlement Analyst
Location: Statewide Multi Use, WA
About Lamb Weston
We love making fries almost as much as you like eating them! Since the 1950's, Lamb Weston has inspired customers with food they love, trust, and share with families and friends. As a leading global manufacturer of quality frozen potato products with over 10,000+ team members around the world, it's our business to see the possibilities in potatoes and people.
We are looking for team members with an appetite for a challenge! People who are hungry to join a winning team and help us make a difference in the world. When you join Lamb Weston, you join a community with a strong support network and training programs designed to nurture, inspire, and help you grow.
We are driven by a relentless pursuit of results and by people who think creatively and embrace our values of: Integrity, Teamwork, Inclusion, Drive for Results, and Empowerment. Exactly what you'd expect from the most inventive potato company in the world!
Join Lamb Weston! We bring the world together with our fries.
Job Description Summary
The Associate Settlement Analyst is responsible for timely review and accurate processing of disputes in Lamb Weston's SAP system landscape based on established sales contracts and in alignment with department SOX controls.
In this role you will support all business units and departments enterprise wide reviewing specific dispute cases and routing/processing based on gathered research. You'll work cross-functionally with various teams to successfully process disputes to maintain a consistent relationship with all customers for ease of processing.
Job Description
Essential Duties and Responsibilities
Individuals in this position must:
- Validate the daily non-trade disputes and deductions flow from ERP reports
- Validate the coding of disputes and deductions created by cash application team
- Review the backup documents from customer attached with deductions and validate approval or denial of deductions
- Research on customer portal, Bank portal, group mailbox, workflow and other deduction data sources and collect complete deduction information
- Coordinate with internal and external stakeholders for missing information required to validate the deductions
- Analyze and identify root causes of deductions and work with cross functional teams to reduce/eliminate recurring deductions.
- Submit validated deductions for approvals as per approval hierarchy
- Dispute invalid deductions with external customers in order to receive repayment; maintain strong customer relationships to ensure timely resolution
- Conduct and lead detailed Dispute and Deduction trend analytics based upon dispute and deduction patterns at the levels described below and work with Sales, Logistics, Freight and other departments for proactive resolution and approach to fix the processes to prevent the deductions in future
- At customer account level
- At business unit level i.e. Foodservice, Retail, Export, Vegetable, etc.
- At deduction type level i.e., pricing, rebate, OSD, freight, samples, etc.
- Other Duties as assigned to support the business.
Basic & Preferred Qualifications
- Bachelor's degree in finance, accounting, or a related field preferred.
- 1-3 years accounts receivable, credit, collections and/or trade or non-trade deduction resolution experience required.
- Research, strong problem-solving, mathematical, and analytical skills
- Excellent written and verbal communication skills
- Ability to maintain confidentiality
- Proficiency with MS Office required
- Ability to quickly learn and utilize multiple systems and draw appropriate conclusions.
- Ability to multi-task
- Ability to work independently and as a team player, be organized, and plan ahead
Language Skills
- Effectively communicate in English verbally and in writing. Spanish knowledge is an added advantage.
Work Environment
- This role will be performed in an office / remote environment.
Travel
- Travel for this role is typically 0%
Industry-Competitive Benefits
Coupled with our compensation and bonus incentive programs, our benefits deliver rewards that are market competitive. Some of the most attractive elements of our benefit programs include:
- Health Insurance Benefits - Medical, Dental, Vision
- Flexible Spending Accounts for Health and Dependent Care, and Health Reimbursement Accounts
- Well-being programs including companywide events and a wellness incentive program
- Paid Time Off
- Financial Wellness - Industry leading 401(k) plan with generous company contributions, Financial Planning Services, Employee Stock purchase program, and Health Savings Accounts, Life and Accident insurance
- Family-Friendly Employee events
- Employee Assistance Program services - mental health and other concierge type services
Benefits may vary based on location, job role/level, job status, and/or the terms of any applicable collective bargaining agreements.
Job Requisition ID: Req-255674
Time Type: Full time
Anticipated Close Date: 11/15/2024
In compliance with applicable state and local laws, Lamb Weston has opted to include a reasonable estimate of the compensation for this role. This compensation is specific to this position and takes into account a number of variables. Actual compensation may be higher or lower in the range posted based on various factors, including, but not limited to, job duties, experience and expertise. A candidate's work location could also impact the actual compensation being outside of the range to reflect local cost of labor. A reasonable annual estimate of the range for this role based on the variables previously mentioned is: $46,930.00 - $70,390.00
Lamb Weston is an Equal Opportunity Employer and considers qualified applicants for employment without regard to race, color, creed, religion, national origin, sex, sexual orientation, gender identity and expression, age, disability, veteran status or any other protected factor under federal, state or local law
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