Jobs · Accounting · Illinois

Analyst Freight Payment

Packaging Corporation of America · Lake Forest, IL · 1 wk ago
Accounting$62k–$78k/yrFull-time

Position Summary

This job is necessary to support the automated freight payment process for the Corrugated Division. Staff is required to control the quality and flow of carrier contract rate documents, bills of lading, invoices, funding, business rules, financial controls, other 3rd-party factors needed to rate and pay carrier invoices; address carrier invoicing problems.

Dimensions

The automated freight payment process involves controlling the quality and movement of a few thousand carrier contract specifications between the plants/corporate and the freight payment company for approximately 300 carriers for 80 box plants, plus warehouses, for the invoices of about 376,000 shipments per year. The annual freight spend through this process is $164mm.

Principle Accountabilities

  • Reconcile the freight payment funding requests (obligations) to actual carrier invoice processing results prior to authorizing funding to be released from PCA’s bank account.

  • Update control reports and logs with each funding.

  • Control contract rates from the plants/corp to the freight payment company.

  • Address payment disputes and issues.

  • Monitor the payments and pending/holding status for the “top 20” carriers at least twice per week, looking for payment backlogs or gaps in payment flow that could result in a carrier declining to do business with PCA.

  • Audit a percentage (quantity subject to auditor guidelines) of invoices each week to assure the system is working consistently and accurately.

  • Deconstruct payments through rates, zones, miles, fuel, accessorial or any other charges on the invoices against the rate contracts.

  • Develop and implement business rules and/or tolerances for the freight payment company to use when calculating payments on behalf of PCA.

  • Document the rules for approving/holding/denying invoices for the plants and corporate management to refer to.

Education and Experience

  • Education: Equivalent to 4-years of college preferred.

  • Experience: Business experience with freight payables is preferred.

Computer and Software Knowledge

  • Excel, Word, email are essential.

Compensation and Benefits

  • Starting salary range for position: $62,400-$78,000

  • Bonus: Annual – Based upon individual contribution and overall, Company performance.

  • Paid Vacation: Three (3) weeks per calendar year. Pro-rata Vacation during the initial year of hire based upon start date within the calendar year.

  • Paid Holidays.

  • Within the first 30 days of employment, an employee (and their dependents) is eligible to enroll in certain benefit coverages -- medical, dental, and vision – and are automatically enrolled in life, AD&D, and disability coverages.

  • Upon hire, an employee is automatically enrolled in the 401k plan. The plan offers both pre-tax and Roth contribution options along with employer provided matching contributions.

Disclaimer

The Compensation and Benefits information in this posting represents PCA’s good faith and reasonable estimate of what it may pay for this position. The Company reserves the right to modify this information at any time, subject to applicable law.

Equal Opportunity Employer

Qualified Applicants must apply at careers.packagingcorp.com to be considered.

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