Title: 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 Settlement Analyst is responsible for timely validation and accurate reconciliation of trade claims in Lamb Weston ERP system or trade promotion management tool based on established sales contracts in alignment with department SOX controls.
In this role you will support all business units and departments enterprise wide overseeing specific strategic customers. It is important that there is a consistent relationship with all customers for ease of processing.

Job Description

• Develop and maintain relationships with extended business functions within Lamb Weston and be the first point of contact for escalation on claims resolution.
• Act as a liaison between extended business functions, customers and the Associate Settlements Analysts
• Execute trade rebate claims including manual entry of and/or ensuring electronically sent claims errors are resolved.
• Validate trade/rebate claims in SAP TPM against valid contracts and promotions and are properly reconciled.
• Plan, evaluate, and improve the efficiency of business processes and procedures to enhance speed, quality, efficiency, and output.
• Complete periodic account reviews of settlements volume with sales or external customers.
• Develop, lead, and execute projects for invalid rebate deductions recovery cross-functionally.
• Support team with any questions as well as helping backup Other Duties, Analytics and Projects as assigned to support the business.
• Make business decisions that are financially responsible, accountable, and justifiable in accordance with SOX audit compliance, organization policies, and organization procedures.
• Able to think critically and use resources available to handle more complex and/or detailed customer issues escalated from associate settlement analysts.
• Coordinate with internal and external stakeholders for missing information required to conduct monthly touch points with customers or sales team on optimization, timely claims, trends, and any other relevant topics or concerns.

 

Basic & Preferred Qualifications

• Bachelor’s degree in finance, accounting, or a related field preferred.
• 3-5 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 Microsoft Office, analytics, and ability to quickly learn and utilize multiple systems and draw appropriate conclusions.
• Ability to manage multiple priorities or projects
• Ability to work independently and as a team player, be organized, and plan ahead
• May require presentations to Sales, internal departments, and customers.

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-255525

               

Time Type: Full time

               

Anticipated Close Date: 10/18/2024

               

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: $61,320.00 - $91,990.00

               

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