Broker Settlement and Licensing Specialist

3 weeks ago

Brampton, Canada IKO Full time

Description

Company: D&W Forwarders

Location: Brampton, Ontario

Job Type: Full-Time

About Us: D&W Forwarders is a dynamic and rapidly growing freight and forwarding company that specializes in delivering comprehensive logistics solutions to our diverse clientele. With a commitment to excellence and innovation, we are dedicated to providing seamless and efficient transportation services globally.

Job Overview: We are seeking a highly motivated and detail-oriented individual to join our team as a Broker Settlement and Licensing Administrator. The successful candidate will play a crucial role in ensuring the accurate calculation and processing of our Broker Settlement / Compensation. This role is accountable for a wide range payroll related duties including processing driver payroll, entering new hires and brokers, employee changes and broker and payroll reports. You will have the ability to maintain confidentiality and interact well with others within a repetitive, multitasking environment. This position involves managing and processing of vehicle licensing requirements, overseeing broker work-order settlement processes, and maintaining strong relationships with the internal teams to ensure compensation and fleet licensing accuracy.

Responsibilities:

Broker Settlement Processing.

Preparation of semi-monthly Broker compensation packages. Settling and exporting miles, percentage, and flat-rate earnings. Process related deductions.  Interact closely with Fleet & Maintenance Group and Safety & Compliance to ensure all billable-to-broker work orders and charges are processed. Ensure that all outside vendor invoices that are billable-to-broker are captured, paid, and allocated. Respond to broker queries regarding the payment process. Manage the loan repayment process to brokers.

Driver Payroll Administration.

Assist in the driver payroll calculation process via processing trip reports. Assist in the processing and management of the driver trip reports to calculate earnings. Assist in the preparation of bi-weekly payrolls.

Fleet Licensing. 

Responsible for processing and managing the tractor and trailer licensing for the national fleet. Manage all equipment ownership files. Manage vehicle permits, and toll transponders. Manage the required documentation for Broker owned equipment.

Process Improvement.

Identify opportunities for process improvements in licensing, settlement, and brokerage operations. Implement best practices to enhance efficiency and reduce errors in the licensing and settlement processes.

Documentation and Record Keeping.

Maintain organized and up-to-date records related to licensing, settlements, and compliance. Ensure that all documentation meets regulatory standards and can be easily retrieved for audits.

Our Ideal Candidate will possess:

Detail oriented with a passion for working with numbers and data entry. Ability to manage in a multi-task environment. Excellent interpersonal skills. Excellent verbal and written communication skills. Ability to maintain confidentiality and be adaptable. Proficient in using Excel, Word, Outlook and comfortable learning and using various transportation management software. Previous experience in the Trucking Industry would be an asset. Experience in an office setting with additional payroll experience is considered to be an asset.

Qualifications:

Proven experience in Broker Settlement, Licensing, or a similar role within the Commercial Transportation industry. In-depth knowledge of vehicle licensing requirements (National and Cross-Border), Experienced in Broker Settlement processes. Strong analytical and problem-solving skills. Excellent communication and interpersonal skills. Detail-oriented with a focus on accuracy and compliance.

D&W Forwarders is an equal opportunity employer and welcomes candidates from all backgrounds to apply. We look forward to reviewing your application and considering you for this exciting opportunity in our growing company.

Benefits of Employment: IKO recognizes that its success is due to the strength of its employees. A primary goal of IKO is to promote individual employee's sense of accomplishment and contribution so that employees enjoy their association with IKO. The Company invests in its employees so that they are the most knowledgeable in the industry, and undertakes great efforts to nurture loyalty to, and teamwork at, IKO. We are pleased to offer competitive compensation, health care, a progressive and challenging workplace and a commitment to teamwork and integrity.
 

Diversity and Equal Opportunity Employment: IKO Industries Ltd. is an equal opportunity employer. We are committed to diversity and inclusion and are pleased to consider all qualified applicants for employment without consideration to race, religion, creed, color, national origin, age, gender, sexual orientation, marital status, veteran status or disability. IKO Industries Ltd. encourages and welcomes applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process.

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