Trade Specialist

Job Summary:

Ensures precise financial reporting through the accurate handling of accruals, reconciliation of accounts, and meticulous maintenance of financial records. This role aims to optimize profitability by scrutinizing payments and deductions associated with trade accrual programs while adhering to established accounting guidelines.

Essential Functions, Duties & Responsibilities:

Scrutinizes trade contracts within the Trade System.

Evaluates monthly/quarterly/annual auto payment reports for accuracy before disbursing payments.

Assesses on-demand payments for proper program setup, support documentation, and authorization before claim creation.

Examines deductions for correct program setup, support documentation, and authorization before claim creation.

Researches documents and pursues repayments for invalid deductions as necessary.

Reviews customer post-audits for validation or initiate repayment processes.

Collaborates with Brokers, Business Development, Sales, and Customer Service teams to provide accurate support documentation for deductions and on-demand check payments.

Maintains a working knowledge and understanding of the customer base within the assigned area.

Complies customer-specific data resulting in specialized reporting for customers.

Provides support for periodic audits.

Supports areas of responsibility through contract, deduction, and spreadsheet review, as well as contributes to special projects.

Executes all accounting activities according to accounting practices and procedures.

Performs other duties as assigned.

Knowledge, Skills & Abilities:

Comprehensive knowledge and understanding of accounting principles, financial regulations, and reporting standards

High caliber written and verbal communication, collaboration, and interpersonal skills

Detailed oriented with a high level of accuracy and precision

Strong critical thinking, analytical, data review and problem-solving skills

Strong organizational and time-management skills with the ability to effectively handle multiple priorities

Proven ability to prioritize workload

Proficient in Microsoft Suites (Word, Excel, PowerPoint, Outlook, etc.) and accounting software (QuickBooks, M-Tech, SAP, or similar)

Education & Experience:

High School Diploma or equivalent

3+ years of relevant experience or the knowledge, skills, and abilities to succeed in the role

Preferred:

Prior experience with trade management or deal management software solutions such as Blacksmith, Vistex, Demand Tech, HighRadius, or similar

Experience in similar accrual-focused role

Associate or Bachelor’s degree in Accounting, Finance, or related

Working Conditions:

Work is performed in a climate-controlled office environment with telephones, personal computers, and printers.

Prolonged periods sitting at a desk and working on a computer.

Keying/typing, hearing, field of vision, and talking/speaking.

The noise level of the environment is usually moderate.

Occasional lifting up to or about 35 pounds.

May require standing less than or equal to 1/3 of the day.

Flexibility and willingness to travel up to 10% of the time.