Financial Analyst

Talascend

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

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

Vacancy posted 3 days ago

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