Analyst, Trade Payments

Posted 6 Days Ago
Be an Early Applicant
Orrville, OH, USA
In-Office
Junior
Food
The Role
Manage calculation, adjustments, reporting, and payment of broker commissions, bottle deposit/recycling fees, and tonnage fees. Produce monthly journal entries and commission statements, resolve discrepancies, support audits, coordinate with IS and cross-functional partners, and handle ad hoc reporting.
Summary Generated by Built In

Your Opportunity as the Analyst, Trade Payments

The Analyst, Trade Payments role ensures accurate, timely, and compliant administration of trade payment programs, including Broker Commissions, Bottle Bill Fees, Tonnage, and LDI Funding. This position supports the end-to-end payment process by partnering with Sales Operations, Customer Data, Information Systems, Regulatory, Accounts Payable, and Customer Logistics teams to align program requirements, maintain supporting data and reporting, manage exception processes, process payments, and ensure proper ledger recording through journal entries.

Location: Orrville, OH Corporate Offices

 

Work Arrangements: Hybrid - onsite a minimum of 9 days a month primarily during core weeks as determined by the Company; maybe more as business need requires.

In this role you will:

  • Manage the calculation and payment of all broker commissions based on sales and deduction data for all markets

  • Manage all manual brokerage payment adjustments required on a monthly/quarterly basis

  • Prepare monthly journal entries to record brokerage calculation and adjustments in GL accurately

  • Prepare and distribute monthly broker commission statement packages

  • Research, analyze, resolve brokerage calculation issues and discrepancies by working with appropriate internal partners

  • Prepare additional reporting requests, commission reviews, and ad hoc questions from brokers

  • Coordinate with internal IS partners to develop enhancements within the brokerage process

  • Prepare the calculation, reporting, and payment of bottle deposits and recycling fees required in various states

  • Review and approve weekly invoices from a 3rd party recycling agent

  • Coordinate with internal partners to ensure all applicable bottle items are accounted for accurately in reporting

  • Prepare reporting of tonnage fees required in 30 states on a quarterly, semi-annual, or annual basis

  • Coordinate with internal partners to ensure each states unique requirements are in compliance within our reporting

  • Coordinates various state audits

What we are looking for:

Minimum Requirements:

  • Bachelor’s degree

  • At least 1 year of related business experience in Supply Chain or Financial Accounting

  • Proficient with Microsoft Excel (i.e. pivot tables, lookups, etc)

  • Ability to analyze large data sets, identify discrepancies, and implement corrective action

  • Ability to communicate across multiple departments and leadership levels

  • Highly detail-oriented and organized

Additional skills and experience that we think would make someone successful in this role:

  • Experience with Broker commission calculation processes

  • Experience with Consumer Packaged Goods environment

The Right Place for You 

We are bold, kind, strive to do the right thing, we play to win, and we believe in a strong community that thrives together. Our culture is rooted in our Basic Beliefs, and we believe in supporting every employee by meeting their physical, emotional, and financial needs. 

Stay connected with us on LinkedIn® 

We're an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, genetic information, age, national origin, disability status or protected veteran status. 

Skills Required

  • Bachelor's degree
  • At least 1 year of related business experience in Supply Chain or Financial Accounting
  • Proficient with Microsoft Excel (pivot tables, lookups, etc.)
  • Ability to analyze large data sets, identify discrepancies, and implement corrective action
  • Ability to communicate across multiple departments and leadership levels
  • Highly detail-oriented and organized
  • Experience with Broker commission calculation processes
  • Experience with Consumer Packaged Goods environment

The J.M. Smucker Co. Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about The J.M. Smucker Co. and has not been reviewed or approved by The J.M. Smucker Co..

  • Retirement Support Retirement programs are described as strong, with a company 401(k) match, immediate vesting in some materials, and access to an Employee Stock Purchase Plan. These elements contribute to a favorable view of total compensation value.
  • Parental & Family Support Paid parental leave for all parents and on-site childcare at key locations signal a family-forward approach. Additional supports such as adoption assistance and pet-related leave reinforce this emphasis.
  • Leave & Time Off Breadth Paid time off, seasonal compressed schedules, and flexibility options are highlighted across materials. The ability to start with substantial PTO and buy additional time enhances perceived time-off breadth.

The J.M. Smucker Co. Insights

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The Company
HQ: Orrville, OH
5,001 Employees

What We Do

Each generation of consumers leaves their mark on culture by establishing new expectations for food and the companies that make it. At The J.M. Smucker Co., it is our privilege to be at the heart of this dynamic with a portfolio that appeals to each generation of people and pets with products found in 90 percent of U.S. homes and countless restaurants. This includes a mix of iconic brands consumers have always loved such as Folgers®, Jif® and Milk-Bone® and new favorites like Café Bustelo®, Smucker’s® Uncrustables® and Rachael Ray® Nutrish®. By continuing to immerse ourselves in consumer and pet parent preferences for food, how it’s purchased and how the companies that make it should operate, we will maintain the important role we play in their lives. This will allow us to continue growing our business and the positive impact we have on all of those who count on us.

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