Freight Payments & Invoicing Analyst

The TJX Companies, Inc.

Marlborough (MA)

On-site

USD 30,000 - 38,000

Full time

4 days ago
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Benefits offered by this job

401(k) match
medical/dental/vision
tuition reimbursement
scholarship program
adoption/surrogacy assistance
smoking cessation

Job summary

TJX Companies in Marlborough, MA is seeking an analytical professional to audit and process transportation invoices across multiple modes. You will research variances, validate costs against contracts, and drive root-cause analysis to resolve discrepancies.

The role requires strong Excel skills, attention to detail, and the ability to multitask in a fast-paced environment. Benefits include competitive pay and a comprehensive package.

Qualifications

  • Associates or Bachelor's Degree or Equivalent Experience.
  • Basic Accounting knowledge.
  • Strong problem-solving skills and identify corrective actions required.
  • Analytical approach to problem solving, demonstrating strong proficiency with Microsoft Excel (including V Look-ups, Pivot Tables and conditional formatting).
  • Strong verbal and written communication skills, with the ability to build and maintain relationships.
  • Excellent critical thinking and problem-solving skills.
  • Strong attention to detail.
  • Ability to work in a demanding, fast paced environment with proven track record to multi-task.

Responsibilities

  • Audits and processes logistics invoices across all modes of transportation including Imports, Truckload, Intermodal, LTL and Parcel as well as Consolidation and Transload operations.
  • Research multiple invoice related variables and conduct root cause analysis when freight invoices do not match a planned freight movement in our Transportation Management System (TMS) or Imports System.
  • Validates the accuracy of invoiced costs compared to contractual rates within a tolerance range and resolves out of tolerance variances.
  • Analyze Match Variance and other exception reporting to research and resolve invoices that are not compliant to our contractual pricing and service agreements.
  • Conducts root cause analysis on rating/invoicing variances and communicates findings and resolution action items
  • Research Carrier EDI 210 invoice exceptions and collaborates with Logistics Systems team to resolve issues
  • Conducts monthly account receivable reconciliations with carriers to resolve outstanding invoice issues.
  • Manages assigned Carrier SharePoint Sites for invoicing
  • Leads weekly Teams Meetings with assigned Carriers to ensure timely and accurate invoice submission and payments processed in accordance with our Payment Dating agreements.
  • Escalates payment issues with the supporting documentations to Freight Payment, Operations and Carrier Management leadership teams
  • Using the TJX routing guide, identifies invoices with vendor routing violations and creates chargebacks. Works with appropriate contact to resolve issues.
  • Makes recommendations to enhance systems and provide more effective and actionable reporting.
  • Participates in special projects or other duties as assigned.

Skills

Problem solving
Analytical thinking
Excel proficiency
Communication skills
Attention to detail
Multi-tasking

Education

Associates or Bachelor's Degree or Equivalent Experience

Tools

Microsoft Excel

Job description

TJX Companies in Marlborough, MA is seeking an analytical professional to audit and process transportation invoices across multiple modes. You will research variances, validate costs against contracts, and drive root-cause analysis to resolve discrepancies.

The role requires strong Excel skills, attention to detail, and the ability to multitask in a fast-paced environment. Benefits include competitive pay and a comprehensive package.

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