Analyst, Financial Operations
Role Overview
Magnit is a managed service provider for contingent workforce management, talent strategy, and broader organization goals.
Magnit's integrated workforce management (IWM) platform is supported by data, software, intelligence, and a best-in-class services team.
Magnit serves hundreds of the world's most recognizable brands for over 30 years.
Key Skills for This Role
Full Job Posting
Who We Are
Magnit is a managed service provider for contingent workforce management, talent strategy, and broader organization goals.
Magnit's integrated workforce management (IWM) platform is supported by data, software, intelligence, and a best-in-class services team.
Magnit serves hundreds of the world's most recognizable brands for over 30 years.
Role Overview
The Analyst, Financial Operations is responsible for the accurate preparation of invoices and resolution of billing/invoicing related queries for their allocated client group.
Under the direction of the Manager of Financial Operations and with support from the Lead, Financial Operations, the Analyst will develop excellent knowledge of the Vendor Management System.
The Analyst will support Client Services colleagues to help them utilize the software from a billing/invoicing perspective.
The Analyst will also provide ad hoc support to the rest of the Financial Operations department and assist on client expansions when necessary.
Primary Responsibilities
- Produce monthly timecard data and create preliminary invoices.
- Create and validate accurate client invoice reports using the VMS and Excel.
- Enter data into VMS and Excel accurately.
- Reconcile data between VMS and ERP (PeopleSoft).
- Actively follow up and resolve unpaid/open items, maintaining weekly communications with the Financial Operations Management team and onsite Client Services team regarding status and date of resolutions and highlighting escalation when required.
- Maintain and update where relevant operating manuals and checklists for all billing related functions and processes.
- Identify any potential concerns and escalate with proposed solutions to management in order to mitigate business risk, irregularities, and errors.
- Ensure all data is maintained in a well-organized and audit worthy manner.
- Prioritize own workload to ensure all deliverables are met and expectations managed while maintaining quality of work produced.
- Build and maintain business relationship with key contacts through offering a high degree of customer service.
- With support, develop and present related training and informational materials to internal and external audiences.
- Any other responsibilities assigned by the Lead/Manager.
Knowledge and Key Skills
- 2 years of work experience in an accounting/financial services role.
- Bachelor's Degree in Commerce/Business Management/Business Administration Finance or Commerce preferred.
- Fluent written and spoken English.
- Able to approach situations from an analytical mindset to generate a logical conclusion.
- Able to resolve customer complaints using pre-defined and creative solutions.
- Able to interpret a variety of instructions furnished in written, oral, and diagram or schedule form.
- Able to work independently when required and collaborate as part of a multi-time zone team as well.
- Strong organizational skills to meet multiple deadlines.
- Excellent attention to detail.
- Strong MS Office Suite (specifically Excel, Outlook, Word and PowerPoint) and Web-based resources.
- Working knowledge of regional tax laws (e.g.: VAT, TDS, GST, etc) is a plus.
What Magnit Will Offer You
- Competitive PTO and benefits package, including medical, dental, and vision coverage, retirement planning, as well as discounts and perks for tickets, travel, merchandise and more.
- Magnit matches employee contributions to favorite charities and supports corporate volunteering hours.
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