Financial Analyst

Optimal Inc.Warren, MI

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Overview

Remote

On-site

Job Description

Job Description:The Process Validation and Improvement (PVI) Audit team is a highly specialized group that plays a lead role in supplier overpayment root cause analysis, and end to end process improvements to mitigate risk for OEM Global Purchasing contracts. PVI is responsible to proactively identify supplier overpayment situations, collaborate with Global Purchasing and Supply Chain to recover the overpayment, and ensure that contracts are updated to reflect accurate contract pricing. Work requires collaboration with purchasing, finance, technical accounting, and engineering.

Key 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

The Financial Auditor role reports to a Finance Supervisor, with additional responsibilities of the position are to:

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

This role is currently hybrid, requiring 3 days (Tuesday, Wednesday & Thursday) in-office per week.

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FAQs About Financial Analyst Jobs at Optimal Inc.

What is the work location for this position at Optimal Inc.?

This job at Optimal Inc. is located in Warren, MI, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.

What pay range can candidates expect for this role at Optimal Inc.?

Employer has not shared pay details for this role.

What employment applies to this position at Optimal Inc.?

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