What are the responsibilities and job description for the Financial Auditor position at Russell Tobin?
Job Title: Financial Analyst Auditor 2
Location: Warren, MI 48093 (HYBRID)
Pay Range: $38 – 42.95/Hr. On W2 (Depending on Experience/Interview)
Duration: Contract Role (Possible Extension or Temp to Hire for Right Candidate)
Work Schedule: Monday to Friday 8:00 AM to 05:00 PM (hybrid, requiring 3 days(Tuesday, Wednesday & Thursday) in-office per week.)
Job Description:
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 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.
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.
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 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 Global systems to determine the cause of pricing errors on contracts with the supply base
Analyze ad-hoc reports
Interface with various levels within in both group and individual settings to review cases and key areas where differences are identified between the 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
“Russell Tobin offers eligible employees comprehensive healthcare coverage (medical, dental, and vision plans), supplemental coverage (accident insurance, critical illness insurance and hospital indemnity), a 401(k)-retirement savings, life & disability insurance, an employee assistance program, identity theft protection, legal support, auto and home insurance, pet insurance, and employee discounts with some preferred vendors.”
Salary : $38 - $43