Trade Settlement Analyst

Trade Settlement Analyst

On-Board Services, Incorporated is an on-site contract service provider for a local manufacturing entity providing full time positions to our employees. We offer benefits as well as 401k.

Position Type: Contract

Job Location: St Simons Island, Ga

Benefits: 401K, Dental insurance, Life Insurance, Medical Insurance, Vision Insurance

Compensation: $29.00/hour

Job Description

The primary purpose of this position is to manage the settlement process to fulfill Trade Program commitments for a selected group of customers. Settlements will in the form of deduction clearing, payment by check, or preauthorized credits. Settlements will be created internally for In House customers. Assist in the resolution of pricing related deductions and Non-Trade related claims processing.

Manage trade settlements (disbursements and customer deductions), which includes validation of the settlement, resolving discrepancies with the customer, obtaining proper approvals. These settlements should be accomplished within defined performance targets and system accruals/ validations. Obtain supporting documentation for possible future access.

Measurement and reporting of program attainment and effectiveness, when appropriate.

Recovery of invalid customer deductions and rejection of invalid customer claims.

Identify and obtain program funding to support settlement processing.

Research and resolve pricing deductions for all US/C sales divisions.

Assist in the resolution of non-trade related claims, specifically Fines and Fees.

Work closely with Sales management to implement trade programs payout in support of defined strategies and to maintain proper support of trade settlements.

Approximately 90% of this position will concentrate on the processing of customer Trade deductions and disbursement requests; convincing customers to change position and repay invalid deductions previously taken. The remaining 10% involves non-trade transaction processing and resolution of pricing claims.

Education: BS degree in Business Administration or Accounting preferred. AS in Business Administration or Accounting with two years of business experience required.

Experience: Two years of business experience.

Skills: Proficiency in Excel, strong problem-solving and analytical skills required. Excellent inter-personal skills. Strong written and verbal communication skills are also required.

On-Board Companies provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, religion, sex, national origin, age, disability or genetics.