Analyst, Global Freight Settlement

Global Freight Rate & Settlement Analyst

Your Role

As a Global Freight Rate & Settlement Analyst, you will play a critical role in ensuring accurate freight invoice processing and robust rate management. You will manage global and regional transportation rates in Molex’s systems (CTSI and SAP), support freight audits, drive resolution of invoice exceptions, and ensure cost visibility across the supply chain. This position also supports RFQ processes, rate uploads, and continuous improvement in freight operations through collaboration with global teams and logistics partners.

Our Team

You will be part of the Supply Chain Center of Excellence (CoE), supporting the Global Freight Settlement function. This role offers close collaboration with Supply Chain Finance, Regional Logistics Managers, Category Managers, and logistics service providers to streamline transportation processes and ensure financial accuracy.

What You Will Do

Rate Management

• Monitor Freight Rate Management BI daily and obtain missing rates for origin-destination (OD) pairs.
• Coordinate with regional leads and forwarders to initiate and complete RFQs via DSI, ensuring timely rate finalization.
• Maintain and upload all RFQ and contract rates for all transport modes into CTSI and SAP.
• Support Spot, Tail, and Cut quote processes and upload rates promptly into systems.
• Maintain a central tracker for all rate activities; ensure follow-up on expired contracts and rate renewals.
• Provide insights on rate management KPIs and spot quote trends.
• Assist in the EDI onboarding process for freight forwarders in CTSI.

Freight Settlement & Invoice Audit Support

• Maintain accurate rate tables and master data in CTSI and SAP for smooth freight invoice auditing.
• Collaborate with regional logistics teams to resolve invoice exceptions (EH) and reduce recurring issues.
• Respond to freight-related queries from internal teams and forwarders with clear, timely communication.
• Support transportation cost reporting and analytics for increased visibility and control.

Process Improvement & Stakeholder Training

• Analyze root causes of rate and invoice errors and contribute to continuous improvement initiatives.
• Develop and maintain training documentation to support process clarity and team understanding.
• Train internal stakeholders and support teams as needed on freight settlement and rate processes.
• Meet or exceed key performance indicators (KPIs) to ensure efficiency and accuracy.

Compliance & Growth

• Support and contribute to Principle-Based Management (PBM), Six Sigma, ISO, and EH&S standards.
• Perform other duties as assigned by leadership.
• Opportunity to grow into a team lead role based on performance and leadership potential.

Who You Are (Basic Qualifications)

• Bachelor’s degree in supply chain, Logistics, Finance, Engineering, Accounting, or related field.
• 2–4 years of experience in freight audit, rate management, or logistics functions.
• Proficiency in English (written and verbal).
• Strong Excel, Macro, Power Automate, and Microsoft Power BI skills for data management and analysis.
• Strong problem-solving and analytical skills, particularly in freight and cost analysis.
• Clear communication skills with the ability to work across global teams.
• Self-driven, organized, and able to manage multiple tasks independently.

What Will Put You Ahead

• Experience in freight forwarding or transportation logistics.
• Experience working with global teams across time zones and cultures.
• Background in rate procurement or RFQ process coordination.

About Molex

Molex, a Koch company, is a global leader in electronic solutions serving industries like automotive, healthcare, and data communications. At Molex, innovation, collaboration, and continuous improvement drive us to deliver better solutions. We foster a culture that rewards individual contributions, supports professional growth, and values customer-focused results.

In Short Brief.

Global Freight Rate & Settlement Analyst - Manage global freight rates and ensure accurate invoice processing across CTSI and SAP systems. Handle RFQ processes, rate uploads, and support freight audits while resolving invoice exceptions. Collaborate with regional teams and logistics partners to improve cost visibility and operational efficiency. Drive continuous improvement through data analysis, KPI tracking, and process optimization. Support stakeholder training, EDI onboarding, and ensure compliance with organizational standards.

Key Skills:

• Freight Audit.
• Rate Management.
• RFQ Coordination.
• SAP & CTSI.
• Data Analysis (Excel, Power BI, Macro).
• Stakeholder Management.