Cost Recovery Specialist

Looking for a company that treats associates with respect, understanding, and appreciation? Looking for a company that is passionate about teamwork and the growth of it's associates and communities? That's WEIS!

Location Address

1000 S. 2nd Street

Job Description

This position is based on-site at our Store Support Center in Sunbury, Pennsylvania, with the potential for a hybrid work schedule based on business needs and role requirements.

Applicants must be authorized to work for any employer in the U.S.

We are unable to sponsor or take over sponsorship of an employment Visa at this time.

The Cost Recovery Specialist is responsible for identifying, recovering, and preventing financial leakage across grocery retail operations. This Specialist leads to cost recovery effort across high-volume vendor identifying process gaps and collaborating with cross-functional business partners to implement sustainable solutions. The position will help expand cost recovery initiatives and support the transition of third-party recovery activities to an efficient, scalable in-house model. Success in this role requires strong analytical skills, financial acumen, systems knowledge, and the ability to work effectively across Finance, Merchandising, Procurement, Supply Chain, Information Technology, and Accounts Payable.

Essential Duties and Responsibilities

The associate may be responsible for the functions below, in addition to other duties as assigned:

• Execute collection efforts for debit balance suppliers by monitoring outstanding balances, coordinating follow-up activities with suppliers and internal business partners, and maintaining documentation to ensure timely recovery and resolution.
• Support recovery initiatives in partnership with post-audit vendors and internal stakeholders to maximize identified recovery opportunities.
• Track and analyze cost recovery results, including recoveries and savings by category, vendor, and root cause. Prepare and distribute daily, weekly, and monthly performance reporting.
• Analyze data from multiple systems to identify financial recovery opportunities, process deficiencies, and trends impacting profitability.
• Partner with Merchandising, Procurement, Accounts Payable, and Finance teams to align recovery strategies with vendor agreements and identify opportunities for improved reimbursement and cost avoidance.
• Investigate recurring causes of financial leakage and develop recommendations to improve processes, controls, compliance, and operational effectiveness.
• Support the transition and expansion of cost recovery activities from third-party providers to internal processes by documenting opportunities, procedures, and best practices.
• Participate in financial systems testing, enhancements, and implementations to ensure business requirements are met and processes function accurately.
• Monitor department processes, interfaces, and system integrations to ensure transactions are completed accurately and efficiently.
• Maintain detailed procedural documentation, recovery records, and audit support documentation as required.
• Work independently to manage assigned priorities, exercise sound judgment, and ensure accurate and timely completion of responsibilities.
• Assist with accounting activities, special projects, process improvement initiatives, and other department objectives as needed.

Supervisory Responsibilities

This position currently has no supervisory responsibilities.

Qualification Requirements

To perform this job successfully, the associate must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skills, and/or abilities required:

Education and/or Experience

• Bachelor’s degree in accounting, Finance, Business Administration, Finance, or a related field preferred.
• Minimum of two (2) years of experience in cost recovery, accounting, accounts payable, audit, retail finance, merchandising support, financial analysis, or a related field.
• Grocery retail experience preferred.
• Experience working with large data sets, financial systems, and reporting tools preferred.

Weis Markets is an Equal Opportunity Employer: Weis Markets is committed to a policy of Equal Employment Opportunity and will not discriminate against an applicant or employee on the basis of actual or perceived age, sex, sexual orientation, race, color, creed, religion, familial status, ethnicity, national origin, citizenship, disability, marital status, military or veteran status, or any other legally recognized protected basis under federal, state or local laws, regulations or ordinances. Applicants with a disability may be entitled to a reasonable accommodation under terms of the Americans with Disabilities Act and certain state or local laws. A reasonable accommodation is a change in the ways things are normally done which will ensure an equal employment opportunity without imposing undue hardship on Weis Markets.