Financial Analyst/Auditor
Job ID
126113
Job Type
Contract
Industry
Automotive
Location
Warren, Michigan, United States
Talascend is currently seeking a Financial Analyst/Auditor for an opportunity in Warren, Michigan.
OVERVIEW:
PVI is responsible to proactively identify supplier overpayment situations, collaborate with Global Purchasing to recover the overpayment amount and ensure that contracts are updated to reflect accurate contract pricing. The team is aligned with Global Purchasing and Supply Chain, Finance, Engineering and other supporting staff in carrying out contract pricing accuracy.
RESPONSIBILITIES:
The Financial Analyst role reports to a Finance Supervisor, GBS PVI and the responsibilities of the position are to:
OVERVIEW:
PVI is responsible to proactively identify supplier overpayment situations, collaborate with Global Purchasing to recover the overpayment amount and ensure that contracts are updated to reflect accurate contract pricing. The team is aligned with Global Purchasing and Supply Chain, Finance, Engineering and other supporting staff in carrying out contract pricing accuracy.
RESPONSIBILITIES:
The Financial Analyst role reports to a Finance Supervisor, GBS PVI and the responsibilities of the position are to:
- Provide financial analysis and / or support using their Global systems to determine the cause of pricing errors on their contracts with the supply base
- Analyze ad-hoc reports
- Interface with various levels within their group and individual settings to review cases and key areas where differences are identified between their Purchasing system and the supplier contracts
- Drive closure of open cases and collection of overpayments within stipulated time frame.
- Perform special studies at GPSC or GBS leadership request.
- Identify and collect at least $4M annual supplier cost recoveries.
- Analyze contracts to identify contract errors and recovery opportunities
- Deliver high-quality audit results to communicate the contract issues to purchasing
- Work with key stakeholders to review audit results and agree on recovery approach
- Support purchasing in negotiations with suppliers* Drive timely closure of open audits and recovery of overpayments
- Meet targets on key metrics including contract touch rate, study aging, and cost recoveries
- Perform special studies as requested by stakeholders
- Review contract reports to identify saving opportunities.
REQUIREMENTS:
- Bachelors degree or five years of experience demonstrating proficiency with minimum requirements in a professional setting
- Intermediate to advanced level in Microsoft Excel skills, including PivotTables, VLOOKUP, and Conditional formatting
- Strong interpersonal and relationship building skills
- Strong oral and written communications skills
- Problem solving mindset, critical thinking, and strong analytical abilities
- Curiosity and energy to learn new processes and technical skills at a rapid pace
- Ability to prioritize assignments to meet deadlines, while delivering quality work
- Process improvement mindset and Ability to work independently
- Able to work full time, 40 hours per week
We thank all applicants for their interest. However, only those qualified individuals who closely meet the qualifications of the position will be contacted. The details of the position are only a summary, other duties may be assigned as necessary.
Background Check and Drug Screen may be required.
Talascend is an Equal Opportunity Employer that recruits and hires qualified candidates without regard to race, religion, sex, sexual orientation, gender identity, age, national origin, ancestry, citizenship, disability, or veteran status.