[I-CFO]Financial Operations - Associate Analyst, Financial Operations

Department Icon BFSI (Operations & Lending)
Posted: 2 years ago
2-5 years
Vadodara, Gujarat, India
BFSI (Operations & Lending)
Work From Office
Full Time

Posted: 2 years ago
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Job Description

Who We Are

Magnit is the future of work. Serving hundreds of the world’s most recognizable brands for the past 30+ years, Magnit offers the industry’s first holistic platform for the modern workforce. Magnits integrated workforce management (IWM) platform supported by data, software, intelligence, and best-in-class services team is key to our clients’ success. It can adapt quickly to regional or industry economic shifts, and provides the speed, scale, flexibility, transparency, and expertise required to meet an organization’s contingent workforce management, talent strategy and broader organization goals. At Magnit, you’ll work with passionate colleagues who collaborate and deliver meaningful results that positively transform the largest companies around the globe.

What You Will Do

  • Using Magnit’s propriety VMS, Wand, validate large sets of data in Excel to ensure alignment of financial metrics in line with in depth understanding of client and supplier specific contracts.
  • Partner with Financial Operations Analyst of assigned account(s) to ensure all deliverables are provided on time, errors resolved, and financial objectives are met while maintaining quality of work.
  • Reconcile data between VMS and ERP (PeopleSoft).
  • 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 to mitigate business risk, irregularities, and errors.
  • Consistently evaluate regular processes and work with Financial Operations Analyst & management team to implement efficiencies to reduce time spent and ensure adequate controls are in place to support future growth and sustainability.
  • Manage assigned processes to ensure client SLAs and internal department SLAs/ deadlines are consistently met.
  • Ensure all data is maintained in a well-organized and audit worthy manner.
  • Build and maintain business relationship with key internal contacts through offering a high degree of customer service.
  • With support, develop and present related training and informational materials to internal audiences.
  • Stay apprised of and understand client and Magnit’s related products/services, including working knowledge of client contractual terms and conditions, and service lines provided.
  • Enter data into Wand and Excel accurately.
  • Participate in technical or procedural troubleshooting efforts as needed.

What Will Magnit Offer You

Magnit will offer you a 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 encourages employees to participate in giving back, and we will match employee contributions to favorite charities and support corporate volunteering hours to make a difference in your community!

If this role isn’t for you

  • Stay in touch, we will let you know when we have new positions on the team. To see a complete list of our open career opportunities please visit
  • https://magnitglobal.com/us/en/company/careers.html
  • To do our best work we need different viewpoints. Therefore, we celebrate diversity and embrace inclusion.

As an equal opportunity employer, we are dedicated to building a team that represents a variety of backgrounds, perspectives, and skills. We strive to ensure that we maintain a positive and enriching work environment for all.

Apply Now

Skills

Customer ServiceFinancial OperationsOperationsPlanningProductsSoftware

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About Company

Magnit is a global leader and innovator in contingent workforce management. We’re experts at helping organizations optimize their extended workforce to drive savings, minimize risk, and improve program performance.

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