Financial Settlement Representative

Posted 2 Days Ago
Be an Early Applicant
2 Locations
Remote
1-3 Years Experience
Logistics • Software • Transportation
The Role
As a Financial Settlement Representative at Loadsmart, you'll manage and enhance financial interactions between Shipper Sales and Carrier Procurement teams. Responsibilities include auditing carrier payments, resolving billing discrepancies, processing customer invoices, and communicating effectively with all stakeholders to improve financial metrics.
Summary Generated by Built In

ARE YOU INTERESTED IN JOINING A HYPER-GROWTH LOGISTICS TECH COMPANY?


→ Do you believe in game-changing innovations and are excited about reimagining an 800-billion-dollar industry?

→ Do you want to learn how to maintain business-to-business relationships?

→ Would you like to be in a position where your experience assures incoming revenue for a company?


If so, nice to meet you! We are Loadsmart and we are in search of a new Financial Settlement Representative. We are a growth-stage start-up technology company valued at over $1 billion (a tech unicorn), led by a leadership team of logistics veterans and experienced engineers, product leaders and data scientists continuing to disrupt this $800 billion industry.


We are seeking a strategic and detail-oriented Financial Settlement Representative to join our fast-moving Financial Operations Team. In this role, you’ll be pivotal in enhancing the financial interactions between our Shipper Sales and Carrier Procurement teams, with the aim of reducing Days Payable Outstanding (DPO) and Days Sales Outstanding (DSO). Your expertise in handling exceptions, managing document workflows, and implementing process improvements will be key to streamlining our operations. With your knack for problem-solving and effective communication, you'll ensure financial transactions are settled accurately and efficiently, reinforcing our commitment to operational excellence. Join us in a role that's not just about crunching numbers — it’s about crafting a financial framework that upholds our promise of delivering a seamless experience to our shippers and carriers.

WHAT YOU GET TO DO:

  • Audit and approve carrier paymentsReview carrier submitted documentation accuracy, ensuring compliance with payable policy
  • Review documents and bills from carriers and resolve discrepancies
  • Manage fast-paced, high volume carrier emails
  • Understand and diagnose what the billing problem is, and how to fix it
  • Provide detailed review of vendor’s aging report
  • Process and submit customer invoiceTroubleshoot issues related to the customer invoicing process
  • Manage the invoice settlement process of a load from delivery to invoice issues for customers.
  • Constant communication with customers and vendors to resolve inquiries
  • Work in tandem with the rest of the financial settlement team to reduce our Days Sales Outstanding and Days Payable Outstanding Metrics

YOU HAVE EXPERIENCE:

  • Fluent in English - verbal and written
  • Industry Knowledge, background in brokerage
  • General finance or accounting background
  • Skilled in Excel
  • Skilled in Google Workspace 

YOUR COLLEAGUES WOULD DESCRIBE YOU AS:

  • Great Communicator: You possess excellent communication skills, allowing you to convey information clearly and collaborate effectively with teams across the organization.
  • Skilled Problem-Solver: You have a proven track record as a keen problem solver, with the ability to identify issues and generate effective solutions.
  • Proactive: You are proactive and self-motivated, consistently taking the initiative to improve processes and drive projects to completion.

Apply today! 


At Loadsmart, we believe our biggest asset is our people. We are proud to be an equal opportunity employer, hiring and developing individuals from diverse backgrounds and experiences to add to our collaborative culture. Loadsmart treats all candidates and employees with respect and does not discriminate in our recruiting, hiring, and promoting processes, including on the basis of race, color, religion, sex, age, sexual orientation, gender identity and/or expression, national origin, veteran status, or disability.


It is the policy of Loadsmart that all offers of employment made shall be contingent upon successful completion of electronic background check(s). These checks will be job-related, consistent with business necessity and conducted by our vendor, pursuant to all applicable laws, rules, policies and procedures of our candidates' specific locale. 

Top Skills

Excel
Google Workspace
The Company
HQ: Chicago, IL
732 Employees
On-site Workplace

What We Do

We are industry veterans and data-scientists using innovative technology to fearlessly reinvent the future of freight. As the ‘nerds of logistics’, we seek intelligence in data to solve deep-rooted inefficiencies in the industry. We give shippers, brokers and carriers access to our data connections (linking supply and demand) and suite of award-winning solutions to strike the perfect balance of cost and service. We’re creating a more efficient and environmentally responsible way to move more with less. For more information, please visit: https://loadsmart.com

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