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Reliance One
Warren, MI | Contractor
$79k-97k (estimate)
1 Month Ago
Financial Analyst
Reliance One Warren, MI
$79k-97k (estimate)
Contractor | Business Services 1 Month Ago
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Reliance One is Hiring a Financial Analyst Near Warren, MI

Job Requirements

  • The main function of a financial analyst/auditor is to provide financial and audit analysis
  • A typical financial analyst/auditor is responsible for reviewing data for accuracy, identifying and resolving supplier overpayment situations, and ensuring contracts are updated to reflect accurate contract pricing
  • Provide financial analysis to handle detailed and time sensitive contract reviews and pricing issues
  • Determine the cause of pricing errors on contracts with the supply base
  • Drive closure of open cases and collection of overpayments within stipulated time frames
  • Provide internal and/or external financial analysis, consultation, and decision support
  • Prepare and analyze various data for display on charts and/or diagrams
  • Write reports and summaries of findings
  • Create spreadsheets of the audit analysis
  • Optimize business plans to improve business results
  • Review and edit data for accuracy and content Interface with various levels in both group and individual setting to review audits and key areas where differences are identified
  • Monitor and audit reports to assure accuracy
  • Analyze ad-hoc reports
  • Perform special studies at the request of leadership Identify and collect predetermined values of annual supplier cost recoveries
  • Assist in the training, coaching, development, and evaluation of other analysts
  • Help coordinate the various financial activities within the work group
  • May lead in project definition and coordination
  • Participate in the selection of new employees

Job Qualifications

  • Knowledge of MS Office Suite (Word, Excel, PowerPoint, Access, Project)
  • Proficiency across various Reporting & Analysis Tools, ERP systems (GPS, MGO, PDS, E-Squared, eSAP, MARS)
  • Ability to interpret and administer accounting procedures and principles
  • Familiarity with Purchasing and Finance environment including policies, processes and working relationships
  • Demonstrated problem solving, critical thinking, and strong analytical abilities where problems are complex
  • Strong ability to identify issues and problems, generate solutions and choose appropriate alternatives using root cause analysis
  • Detailed oriented, ability to multi-task and handle multiple audits simultaneously
  • Ability to prioritize assignments/projects and multi-task within restricted time constraints
  • Demonstrated capability of working in complex, global environments with global project teams
  • Knowledge and understanding of Corporate/unit policies and procedures
  • Ability to use uncertainty tools to provide a range of scenarios and decision points
  • Project Management experience
  • Strong organization, planning and data management skills
  • Knowledge and understanding of corporate/unit policies and procedures
  • Demonstrated ability to work with a high level of initiative
  • Ability to work independently and collaborate cross-functionally

Reliance One, Inc. provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

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.

Job Summary

JOB TYPE

Contractor

INDUSTRY

Business Services

SALARY

$79k-97k (estimate)

POST DATE

05/06/2024

EXPIRATION DATE

07/03/2024

WEBSITE

reliance-one.com

HEADQUARTERS

AUBURN HILLS, MI

SIZE

50 - 100

FOUNDED

1998

TYPE

Private

CEO

JIM BEATH

REVENUE

$10M - $50M

INDUSTRY

Business Services

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About Reliance One

Reliance One provides executive placement services.

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The following is the career advancement route for Financial Analyst positions, which can be used as a reference in future career path planning. As a Financial Analyst, it can be promoted into senior positions as a Financial Analyst III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Financial Analyst. You can explore the career advancement for a Financial Analyst below and select your interested title to get hiring information.

If you are interested in becoming a Financial Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Financial Analyst for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Financial Analyst job description and responsibilities

Broadly speaking, a financial analyst works with financial data to help organizations make business decisions.

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Build financial models to perform financial forecasts, predict business scenarios, and provide other data analysis to help make business decisions.

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Every financial analyst’s job will hold different responsibilities depending on their specialty and where they work.

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They often develop and execute complex methodologies that enable them to generate useful pointers from the financial data and problem statements that their clients provide.

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Financial analysts who have little to no professional experience are responsible for gathering data, financial modeling and creating or maintaining spreadsheets.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Financial Analyst jobs

To become a senior or junior level financial analyst, one may be required to earn a Master’s of Business Administration.

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Obtaining a finance degree (bachelor’s or MBA) and working towards becoming a financial analyst requires the development of skills, expertise, and specific abilities.

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To be a financial analyst, one should be good with numbers, comfortable presenting research, analytical, and have great ability to research large amounts of data and pay attention to small details.

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Earning a finance degree and taking the steps to become a financial analyst requires specific abilities and the development of specialized skills.

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With relevant work experience and appropriate training, finance students can become equipped to pursue the path of becoming a financial analyst.

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Step 3: View the best colleges and universities for Financial Analyst.

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