Financial Analyst

Financial Analyst

Our client, an automotive company, is looking for a financial analyst for their Warren, MI/Hybrid location. Responsibilities include:

• 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
• Financial analyst – GBS PVI
• The Process Validation and Improvement (PVI) team is a highly specialized group that plays a lead role in root cause analysis and end-to-end process improvements to mitigate risk for company's Global Purchasing contracts.
• 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.
• 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 company's Global systems to determine the cause of pricing errors on company's contracts with the supply base
• Analyze ad-hoc reports
• Interface with various levels within company in both group and individual settings to review cases and key areas where differences are identified between the company's 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.

Requirements include:

• Customer Focus
• Decision Making
• Drive for Results
• Interpersonal Savvy
• Teamwork
• Organizing
• Key GBS skill clusters
• Functional Expertise
• Implementer
• Change Management
• Candidate requirements:
• Education Required: Bachelor's Degree Required
• Years of experience: 2 to 4 years

Why should you apply?

• Health Benefits
• Referral Program
• Excellent growth and advancement opportunities