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Financial Analyst

  • Location: Torrance, Los Angeles, California
  • Job Type:Contract

Posted 15 days ago

POSITION SUMMARY STATEMENT: The Financial Analyst is responsible for assisting the Vendor Master Data (VMD) and Accounts Payable Teams. This role assists in vendor master data management (creation and changes to vendor data in Oracle), verifies vendor contact, payment and banking information, logs vendors communications, assists in vendor data review, signing authority review, invoice authority review, prepares journal entries, balance sheet reconciliations, and performs other analyses as needed.

DETAILED RESPONSIBILITIES/DUTIES: Assists in maintaining the Oracle Vendor Master Database for new and existing vendors which includes: - Maintaining Oracle vendor site functions including creation of new vendors and modification of existing vendor records, running ad hoc vendor screenings, loading and reviewing W-9s and W-8s, reviewing vendor records for 1099 reporting and other related duties. - Serve as back-up for the verification call process to new vendors to verify information and to follow-up with additional communication on uncompleted verifications. - Sending E-mails to departments or to the Procurement Department to update requestors on the status of their vendor creation requests (delays, issues verifying information, etc.). - Serve as back-up for the verification call process to existing vendors to verify changes to information and follow-up with communications with vendors to resolve any information issues. - Sending E-mail notifications to vendors of a change requests. - Sending E-mails to departments or other stakeholders (such as Accounts Payable) to update requestors on the status of their vendor data change requests (delays, issues verifying information, etc.). - Other key responsibilities include overseeing and maintaining the Corporate Signing Authority database in MS Access and the Approval Authority Group matrix in Oracle (with monthly analysis and reporting for conflicts and change management), invoice signing authority review for non-PO invoices, wire form preparation, assisting in month-end close processes which may include preparing, uploading and posting journals, running reports, validating data, and scanning all entries and other projects as necessary.