Financial Analyst

Job ID
136025
Job Type
Contract
Industry
Automotive
Location
Warren, Michigan, United States

Talascend is currently seeking a Financial Analyst for a contract opportunity with our client in Warren, Michigan.

Overview

The Financial Analyst role involves conducting financial analysis and supporting contract accuracy to identify errors and recover overpayments, contributing to process improvements within the Global Purchasing contracts team.

Responsibilities

  • 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
  • Provide financial analysis and support using GM systems to determine the cause of pricing errors on GM contracts with the supply base
  • Analyze ad-hoc reports and interface with various levels within GM to review cases
  • Drive closure of open cases and collection of overpayments within stipulated time frame
  • Identify and collect at least $4M annual supplier cost recoveries

Qualifications

  • Educational requirements aligned with financial analysis roles
  • Demonstrated experience in financial analysis, contract review, or related fields
  • Strong analytical, problem-solving, and arithmetic skills
  • Ability to collaborate with various stakeholders and communicate effectively
  • Experience with GM Global systems or similar financial tools is a plus

Preferred Qualifications

  • Experience in supply chain, procurement, or automotive industries
  • Knowledge of contract troubleshooting and recovery processes
  • Strong interpersonal and decision-making skills
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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.

Apply Now

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.

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