Financial Analyst

Job Description

Job Description

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

The 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 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.

FINANCIAL ANALYST – GBS PVI

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 GM 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.

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 GM Global systems to determine the cause of pricing errors on GM contracts with the supply base

• Analyze ad-hoc reports

• Interface with various levels within GM in both group and individual settings to review cases and key areas where differences are identified between the GM 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

Company Description

Branex Group is a Minority-owned Technical Staffing firm headquartered in Auburn Hills, MI. We are a Certified Women’s Owned Business through the Women’s Business Enterprise National Council (WBENC). We specialize in Engineering, Information Technology, Robotics, Human Resources, and Finance opportunities across the United States.

Branex Group is committed to being an Equal Employment Opportunity Employer and fostering a diverse and inclusive workplace. We ensure all applicants and employees are considered without discrimination or harassment based on race, color, religion, age, sex, sexual orientation, gender identity, national origin, veteran status, disability status, genetics, or any other protected characteristic by State and Federal laws.

Branex Group offers the following benefits:
- Medical Insurance
- Dental Insurance
- Vision insurance
- Paid time off
- 401(k)

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.

Company Description

Branex Group is a Minority-owned Technical Staffing firm headquartered in Auburn Hills, MI. We are a Certified Women’s Owned Business through the Women’s Business Enterprise National Council (WBENC). We specialize in Engineering, Information Technology, Robotics, Human Resources, and Finance opportunities across the United States.\r\n\r\nBranex Group is committed to being an Equal Employment Opportunity Employer and fostering a diverse and inclusive workplace. We ensure all applicants and employees are considered without discrimination or harassment based on race, color, religion, age, sex, sexual orientation, gender identity, national origin, veteran status, disability status, genetics, or any other protected characteristic by State and Federal laws.\r\n\r\n\r\nBranex Group offers the following benefits:\r\n- Medical Insurance\r\n- Dental Insurance\r\n- Vision insurance\r\n- Paid time off\r\n- 401(k)\r\n\r\n This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.