Financial Analyst

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 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.

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 / or support using global systems to determine the cause of pricing errors on contracts with the supply base
• Analyze ad-hoc reports
• Interface with various levels in both group and individual settings to review cases and key areas where differences are identified between the 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

Key Leadership Competencies

• Customer Focus
• Decision Making
• Drive for Results
• Interpersonal Savvy
• Teamwork
• Organizing

Key GBS Skill Clusters

• Functional Expertise
• Implementer
• Change Management

Job Type: Contract

Pay: Up to $40.00 per hour

Experience:

• Microsoft Excel: 5 years (Required)

Work Location: In person

Salary : $40