Financial Analyst

Optimal Inc.
  • Warren, MI
  • Contractor
  • Quick Apply
7 days ago

Job Description

Job Title: Financial AnalystThis role is currently hybrid, requiring 3 days(Tuesday, Wednesday & Thursday) in-office per week.Job Summary: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 GM 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.Responsibilities:Analyze contracts to identify contract errors and recovery opportunitiesDeliver high-quality audit results to communicate the contract issues to purchasingWork with key stakeholders to review audit results and agree on recovery approachSupport purchasing in negotiations with suppliersDrive timely closure of open audits and recovery of overpaymentsMeet targets on key metrics including contract touch rate, study aging, and cost recoveriesPerform special studies as requested by stakeholdersEducation Required: Bachelor's DegreeYears of Experience: 2 to 4 yearsTop Skills:Financial & Contract AnalysisReviewing supplier contracts and pricing agreementsIdentifying pricing errors and overpayment situationsDetermining root causes of contract discrepanciesQuantifying recovery opportunitiesAdvanced Analytical & Problem-Solving SkillsThe interview includes math, logic, and analytical assessmentsCandidates must investigate complex pricing discrepanciesRoot cause analysis is a core responsibility of the roleExcel & Data Analysis CapabilityReviewing large contract reportsPerforming ad hoc analysisIdentifying recovery opportunities and tracking audit casesSupporting financial investigations with dataRequired Advanced Excel Skills:Pivot tables, VlookUp/XlookUp, Index-Match, FormulasInterview Process:A technical interview with math, logic, and analytical questions will be done onsite. No remote or Teams interviews will be allowed. Scenarios may reference manufacturing or cost based examples, but the evaluation focuses on foundational analytical skills, not prior GM or automotive experience.

Numbers & Facts

LocationWarren, MI
Job TypeContractor

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