Settlements Associate

Overall Purpose And Objective Of Position

The Settlements Associate provides back-office support for a global commodity merchandiser and processor of agricultural goods. Responsibilities include payables, receivables, and inventory tasks related to grain, biofuels, and co-products.

Primary Responsibilities/Essential Functions

• Prepare ticket records for accounting software import
• Process purchase and sale advances and settlements daily
• Collect and validate required documentation (weight, grade, CoA)
• Reconcile inventory records with accounting software
• Prepare and process daily payment batches (checks, PMX, ACH, wire)
• Monitor unpaid tickets and deferred settlements
• Maintain all execution function records

Additional Responsibilities

• Communicate with customers via phone and email to facilitate payments and receipts
• Reconcile payment/invoice discrepancies with customers' representatives
• Perform other assigned duties

Qualifications

• High school diploma required
• Two years of clerical accounting experience required
• Two years of college with accounting coursework and agricultural industry experience preferred

Skills

• Knowledge of general accounting principles
• Proficiency with MS Word and Excel
• Strong verbal and written communication, analytical, organizational, and documentation skills
• Ability to work independently and prioritize tasks in a fast-paced environment
• Detail-oriented

Working Conditions

• Fast-paced trading floor environment; must meet daily deadlines
• Occasional extended work hours for time-sensitive projects/emergencies