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Trade Settlement Analyst

Rich Products CorporationBuffalo, NY

$56,015 - $75,785 / year

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Overview

Schedule
Full-time
Career level
Senior-level
Remote
On-site
Compensation
$56,015-$75,785/year
Benefits
Health Insurance
Paid Vacation
Parental and Family Leave

Job Description

Rich's, also known as Rich Products Corporation, is a family-owned food company dedicated to inspiring possibilities. From cakes and icings to pizza, appetizers and specialty toppings, our products are used in homes, restaurants and bakeries around the world. Beyond great food, our customers also gain insights to help them stay competitive, no matter their size. Our portfolio includes creative solutions geared at helping food industry professionals compete in foodservice, retail, in-store bakery, deli, and prepared foods, among others. With more than 13,500 associates working globally in 100 countries and annual sales of $5.9 billion, Rich's is a global leader with a focus on everything that family makes possible. Rich's-Infinite Possibilities. One Family.

Purpose Statement

The Trade Settlement Analyst will ensure accurate and timely settlement of Trade Program commitments in alignment with the annual plan, including resolution of customer deductions and non trade claims. The position manages trade settlement processes, supports financial posting to SAP S/4HANA, and partners with internal teams and third parties to ensure compliance with established policies and performance standards.

Key Accountabilities and Outcomes

  • • Manage trade settlement processes to ensure compliance with established trade resolution policies and performance standards.
  • Act as the primary liaison and process owner for the third-party partner, including ongoing communication, training, governance, and performance oversight.
  • Provide initial and ongoing training to the partner teams and ensure documented processes remain current.
  • Monitor daily settlement activity and outputs, escalating invalid or non‑compliant items through appropriate channels.
  • Ensure accurate and timely resolution of trade settlements, including customer deductions and disbursements, with appropriate validation, approvals, and supporting documentation retained for audit purposes.
  • Review and escalate aged deductions in accordance with defined service‑level agreements (SLAs).
  • Manage the identification, tracking, recovery, and escalation of invalid deductions, including periodic review of recovery progress and adherence to escalation protocols.
  • Where applicable, manage broker-supported settlement activity and conduct periodic audits of broker documentation and compliance.
  • Independently process trade settlements for defined customer accounts not supported by the third-party partner.
  • Research and resolve customer pricing deductions, identify billing discrepancies, determine root causes, and implement corrective actions.
  • Maintain accurate customer profiles, including contact information, portals, and policy requirements.

Knowledge, Skills, and Experience

  • Bachelor's degree in Business Administration, Finance, Accounting, or related field preferred
  • 2-5 years of relevant business experience
  • Experience with trade management and settlement processes preferred
  • SAP S/4HANA and advanced Excel proficiency
  • Strong analytical, problem solving, and attention to detail skills
  • Effective written, verbal, and interpersonal communication skills
  • Ability to manage multiple priorities and work cross functionally
  • Proficiency in Microsoft Office tools

COMPENSATION

In accordance with state law, the rate or range provided is Rich Products Corporation, its subsidiaries and affiliates ("Rich's"), reasonable estimate of the base compensation for this role. The actual amount may be higher or lower, based on non-discriminatory factors such as experience, knowledge, skills, abilities, shift differential, and location.

Annual Range/Hourly Rate

$56,015.00 - $75,785.00

Rich Products Corporation, its subsidiaries and affiliates ("Rich's"), are committed to a policy of Equal Employment Opportunity, standing up for fairness and maintaining a culture of belonging, to provide an exceptional experience for all. We will not discriminate against an applicant or employee on the basis of race, color, religion, sex, national origin, disability, military or veteran status, or any other Federal or State legally protected classes. The information collected by this application is solely to determine suitability for employment, verify identity, and maintain employment statistics on applicants.

Applicants with disabilities may be entitled to reasonable accommodation under the Americans with Disabilities Act and certain state or local laws. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity without imposing undue hardship on Rich's. Please contact Rich's Associate Experience Network at hrhelp@rich.com if you need assistance completing this application or to otherwise participate in the application process.

BRINGING YOUR BEST SELF TO WORK.

As a family-owned company, caring for our associates-their whole selves-is a top priority. That's why we provide benefits and tools to help our people balance the integration of work and life:

  • Competitive compensation
  • Health & financial benefits
  • Paid time off
  • Parental leave
  • Family planning support
  • Flexible work policy
  • Associate resource groups
  • Volunteering & community impact opportunities
  • Holiday gatherings
  • In-house taste tests (we are a food company after all)!

It's all part of how we support our family of associates. Because in the company of family, all things are possible.

MEET RICH'S.

Rich's, also known as Rich Products Corporation, is a family-owned food company dedicated to inspiring possibilities. From cakes and icings to pizza, appetizers and specialty toppings, our products are used in homes, restaurants and bakeries around the world. Beyond great food, our customers also gain insights to help them stay competitive, no matter their size. Our portfolio includes creative solutions geared at helping food industry professionals compete in foodservice, retail, in-store bakery, deli, and prepared foods, among others. With over 13,500 associates working in 100 locations globally, and annual sales at $5.9 billion, Rich's is a global leader with a focus on everything that family makes possible. Rich's-Infinite Possibilities. One Family.

Nearest Major Market: Buffalo

Automate your job search with Sonara.

Submit 10x as many applications with less effort than one manual application.

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FAQs About Trade Settlement Analyst Jobs at Rich Products Corporation

What is the work location for this position at Rich Products Corporation?
This job at Rich Products Corporation is located in Buffalo, NY, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Rich Products Corporation?
Candidates can expect a pay range of $56,015 and $75,785 per year.
What employment applies to this position at Rich Products Corporation?
Rich Products Corporation lists this role as a Full-time position.
What experience level is required for this role at Rich Products Corporation?
Rich Products Corporation is looking for a candidate with "Senior-level" experience level.
What benefits are offered by Rich Products Corporation for this role?
Rich Products Corporation offers following benefits: Health Insurance, Paid Vacation, Parental and Family Leave, Paid Community Service Time, and Health & Wellness Programs for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at Rich Products Corporation?
You can apply for this role at Rich Products Corporation either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.