Financial Analyst

Financial Analyst
Job ID
134976
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 supports the process validation and improvement team by providing financial analysis and support to identify contract errors and recovery opportunities, ensuring supplier overpayment issues are addressed efficiently and effectively. 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 global systems to determine causes of pricing errors
Analyze ad-hoc reports and interface with various levels within GM to review cases and discrepancies
Drive closure of open cases and collection of overpayments within stipulated time frame
Identify and collect at least $4 million in annual supplier cost recoveries Qualifications Experience with financial analysis and support in a similar role
Strong analytical skills, including arithmetic, logic, and problem-solving skills
Ability to analyze contracts and identify errors and recovery opportunities
Proficiency with global systems or similar financial tools #ind123 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.