Associate – Financial Analyst-1

Specialist - Financial Manager - IN
A financial analyst supporting technology supplier relationships and governance operations of a portfolio of Client Services and Technology (CS&T) vendors with varying degrees of complexity and a budgeted annual spend of greater than $600 million. Part of a dynamic Supplier Engagement and Governance (SEG) team that will build TIAA CS&T vendor capabilities as one of four critical SEG organizational pillars. This position reports to the SEG Finance Manager

Key Responsibilities and Duties

• Responsible for execution of financial management and governance across the vendor portfolio
• Executes against and refines existing vendor governance financial framework
• Proactively manages vendor portfolio financial risk; identifies opportunities for ongoing financial efficiencies
• Reviews and provides first line review of vendor invoices per contract terms
• Maintains central database for financial tracking purposes
• Reviews and presents all exceptions to the vendor spend processes
• Supports Business Leaders in the documentation, tracking, and projection of vendor financial spend
• Defines requirements for MIS/Dashboards to inform Financial Management decisions and actions
• SQL Proficiency
• Escalates material issues / risks for further review and escalation with relevant stakeholders and governance forums
• Works closely with business stakeholders (ex: Business Leaders, Strategic Sourcing, Finance, Contract Management, Service Delivery) to achieve desired outcomes

Educational Requirements

• University (Degree) Preferred

Work Experience

• 3+ Years Required; 5+ Years Preferred

Physical Requirements

• Physical Requirements: Sedentary Work

Career Level
7IC
Related SkillsAccountability, Communication, Critical Thinking, Due Diligence, Executive Presence, General Risk Management, Influence, Negotiation, Relationship Management, Supplier Performance Management, Vendor / Partner Management

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Company Overview

TIAA Global Capabilities was established in 2016 with a mission to tap into a vast pool of talent, reduce risk by insourcing key platforms and processes, as well as contribute to innovation with a focus on enhancing our technology stack. TIAA Global Capabilities is focused on building a scalable and sustainable organization , with a focus on technology , operations and expanding into the shared services business space.

 
Working closely with our U.S. colleagues and other partners, our goal is to reduce risk, improve the efficiency of our technology and processes and develop innovative ideas to increase throughput and productivity.

We are an Equal Opportunity Employer. TIAA does not discriminate against any candidate or employee on the basis of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other legally protected status.

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Experience Level

Mid Level