Associate Settlement Analyst

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 validation and accurate reconciliation of trade and non-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

•    Execution of trade rebate claims and non-trade disputes which can include manual entry of claims or ensuring electronically sent claims have system exceptions resolved and feeding accurately into Lamb Weston’s ERP system.
•    Validate trade/rebate claims in trade promotion management tool against valid contracts and promotions. This includes heavy audits of double dips and duplicated invoices for repayment by customers.
•    Validate non-trade related disputes in Lamb Weston's ERP system against contracts and policies.
•    Review and resolve exception reporting for contract system download and trade claim system errors in compliance with SOX controls.
•    Accurate and timely communication of Operator Programs to distributors.
•    Collect back up on customer portal, Bank portal, group mailbox, workflow, and other deduction data sources to complete deduction information.
•    Coordinate with internal and external stakeholders for missing information required to validate the deductions (Sales, BU Finance, Customer Operations and Credit).
•    For valid claims and uncashed checks, work with accounts payable for processing and resolution.
•    Responsible for coordination of new customer ACH setup as outlined in the Vendor Database Management Policy with sales and customer.
•    Adhere to KPI’s (Key Performance Indicators) for claim processing by managing a specific dollars, days, and quantity threshold. Expectation is to process all claims timely before month end report outs.
•    Follow SOX audit compliance to ensure accuracy when reviewing, processing, and exercising independent decisions on matters that affect the business.
•    Monthly touch points with customers on optimization, timely claims, trends, and any other relevant topics or concerns. It is important that there is a consistent relationship with all customers for ease of processing.
•    Other Duties as assigned to support the business.
 

Education and Experience

•    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

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

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-257101

               

Time Type: Full time

               

Anticipated Close Date: 05/05/2025

               

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