Financial Analyst/Auditor

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 :

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