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Senior Financial Analyst, Procurement Team

Broadridge
Cluj-Napoca, Romaniafull_timeVerifiedPosted 4 Oct 2024

About the role

At Broadridge, we've built a culture where the highest goal is to empower others to accomplish more. If you’re passionate about developing your career, while helping others along the way, come join the Broadridge team.

Role overview

The main objective of the Sr. Financial Analyst, International Procurement, Travel and Expense is to assist with promoting and strengthening the value the Strategic Sourcing Group provides to Broadridge, its associates, partners, and clients.

Within this role the Sr. Financial Analyst, International Procurement, Travel and Expense, will have responsibility for:

  • Individually managing systems and developing financial analyses using established processes and systems.
  • Ensuring availability of accurate and complete financial information, supporting and assisting senior management in making informed decisions about a broad range of strategic procurement initiatives.
  • Effectively building strong working relationships with a broad range of internal clients to proactively support and promote Broadridge business objectives.
  • Working with a range of teams analyze spend in a variety of ways (e.g. per supplier, per product, per category) to identify trends, and provide actionable insights to optimize category strategies and policies.

Job Responsibilities:

Sr. Financial Analyst, International Procurement, Travel and Expense will have responsibility for spend analysis, conducting financial modeling, and providing category insights, opportunities and recommendations to support decision-making processes. The Sr. Financial Analyst, International Procurement, Travel and Expense will collaborate with internal stakeholders, including senior management and investors, to assess the financial viability and risks associated with various real estate projects. To this end, he/she will need to:

  • Collect and analyze data from various sources.
  • Monitor spend and identify trends and outliers across categories
  • Provide actionable insights, including cost-saving opportunities, to optimize program strategies, including tracking progress against such strategies.
  • Prepare detailed reports and present findings to stakeholders on a regular basis.
  • Develop and maintain complex financial models, including savings reporting and ROI calculations.
  • Prepare comprehensive reports and presentations summarizing findings including benchmarking, current VS future state, TCO and ROI.
  • Perform due diligence on potential new suppliers, including reviewing financial statements and other relevant documents.
  • Collaborate with internal teams, such as AP, Audit, and internal clients, to ensure accurate financial assumptions and alignment with company goals.
  • Map out cost drivers and develop cost driver model to be used for future budgeting and planning, including an understanding of multiple currencies and any impact/change it has on the model
  • Conduct market research to provide information and insight to internal customers and other business stakeholders on industry best practices and benchmarking
  • Demonstrate strong facilitation, leadership and interpersonal abilities when working with varying staff levels
  • Keep VP, Head of International Procurement informed of all work in progress and any concerns/challenges as these come up
  • Monitor performance against pre-established department objectives and individually established goals
  •  For Travel & Expense specifically
  • Ensure compliance with all travel policies and procedures.
  •  Develop and maintain travel databases and dashboards.
  •  Evaluate the performance of travel vendors and negotiate contracts.
  •  Assist in the development and implementation of travel policies.
  •  Analyze the impact of travel on the company's budget and financial performance.
  •  Identify and mitigate risks associated with travel.
  •  Monitor and report on key performance indicators (KPIs) related to travel.
  •  Assist in the planning and execution of corporate travel programs.
  •  Provide ad hoc support and training to employees on travel-related matters.

Requirements:

  • 5-7 years of experience in Financial Analysis as part of best-in-class professional service and/or financial services organizations with strong customer centric approach
  • Proven experience as a Procurement Financial Analyst and must have global and travel management experience.
  • BA/BS or equivale

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Company

Broadridge

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