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Financial Analyst 2
Talascend Ridgefield, NJ
$79k-97k (estimate)
Contractor | Business Services 5 Days Ago
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Talascend is Hiring a Financial Analyst 2 Near Ridgefield, NJ

Talascend is currently seeking a Financial Analyst 2 for a contract opportunity located in Ridgefield Park, NJ (Hybrid role). 

OVERVIEW: 


The main functions of a financial analyst are to gather and analyze financial information; will typically conduct quantitative analyses of information affecting investment programs of public or private institutions. A typical financial analyst is responsible for analyzing and communicating financial information for clients.

PRIMARY RESPONSIBILITIES: 
  • Assemble spreadsheets and draw charts and graphs used to illustrate technical reports.
  • Analyze financial information to produce forecast of business, industry and economic conditions for use in making investment decisions.
  • Interpret data affecting investment programs, such as price, yield, stability and future trends in investment risks.
  • Manage Verizon account back-end margin validation and payment process for Direct (Verizon) and Indirect (Ingram Micro, Ice, Telamon) channels
    • Draft and Execute back-end margin contracts for Direct and Indirect customers.
    • Manage Back-end margin approval process.
    • Manage Back-end margin monthly accrual.
    • Communicate and reconcile back-end margin claim differences with Direct and Indirect customer counter parts (via email/ WebEx meetings).
    • Validate and process invoices.
  • Manage Back-end margin incentives for Direct and Indirect channels
    • Review and set up incentive requirements for various customers.
    • Track performance and manage incentive accrual.
    • Communicate validation requirements with customers and execute contracts.
    • Validate and process invoices.
  • Manage Verizon National/CRM promotion operations
    • Manage/ communicate with Verizon contract team ensuring accurate and timely contract execution.
    • Manage Samsung contract legal review process for promotion contracts.
    • Review and confirm alignment on Verizon Promotional contracts based on finalized terms with Verizon.
    • Manage promotion accrual/approval system (Conditions) submission/approval for accurate reflection of finalized terms and timely submission.
    • Reconcile and validate Promotional invoices received from Verizon for executed promos.
    • Manage communication with Verizon billing team ensuring timely invoice validation and payment process.
POSITION REQUIREMENTS: 
  • Verbal and written communication skills, attention to detail, and critical thinking.
  • Basic ability to work independently and manage one's time.
  • Basic ability to analyze business trends and project future revenues and expenses.
  • Basic knowledge of economic and accounting principles, the financial markets, and reporting of financial data.
  • Basic knowledge of federal, state, and company policies, procedures and regulations as related to accounting.
  • Previous experience with computer applications, such as Microsoft Word, Excel and PowerPoint, and any other related financial software.
  • Bachelor's degree in accounting or related financial discipline required. An advanced degree in a financial discipline is preferred.
  • 2-4 years financial and/or accounting experience required.




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We thank all applicants for their interest. However, only those qualified individuals who closely meet the qualifications of the position will be contacted. The details of the position are only a summary, other duties may be assigned as necessary.

Background Check and Drug Screen may be required.

Talascend is an Equal Opportunity Employer that recruits and hires qualified candidates without regard to race, religion, sex, sexual orientation, gender identity, age, national origin, ancestry, citizenship, disability, or veteran status.

Job Summary

JOB TYPE

Contractor

INDUSTRY

Business Services

SALARY

$79k-97k (estimate)

POST DATE

05/19/2024

EXPIRATION DATE

07/18/2024

WEBSITE

talascend.com

HEADQUARTERS

TROY, MI

SIZE

200 - 500

FOUNDED

2006

CEO

RICHARD SPRAGG

REVENUE

$10M - $50M

INDUSTRY

Business Services

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About Talascend

Talascend specializes in providing comprehensive solutions to support our clients' document control challenges across multiple sectors - Oil & Gas, Civil, Rail, Nuclear, Telecoms, Mining & Minerals, Construction, Aerospace, Defense & Security.

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The following is the career advancement route for Financial Analyst 2 positions, which can be used as a reference in future career path planning. As a Financial Analyst 2, 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 2. You can explore the career advancement for a Financial Analyst 2 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.

02/10/2022: Newark, NJ

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

12/27/2021: Dallas, TX

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.

12/11/2021: Manchester, NH

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.

12/07/2021: Baltimore, MD

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

03/03/2022: Omaha, NE

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.

12/27/2021: Youngstown, OH

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

12/11/2021: Burlington, VT

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

03/06/2022: Burlington, VT

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

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