Vendor & Financial Administration Analyst

AIG Insurance • Charlotte, NC

2d • Hybrid

About The Position

The Vendor & Financial Administration Analyst will be responsible for ensuring strong, accurate financial management and effective law firm and legal vendor engagement for the Global Legal, Compliance & Regulatory department, inclusive of financial reporting and analysis, accruals, and monitoring of law firm and legal vendor performance. Working closely with the Manager, GLCR Vendor & Financial Administration and the broader Global Legal, Compliance & Regulatory Service Delivery team, the Vendor & Financial Administration Analyst will meld financial analysis with law firm and legal vendor relationship and matter management to facilitate spend transparency and optimization. The role will be a key component of our legal vendor management and financial monitoring structure and will play a pivotal role in establishing financial and vendor performance key performance indicators.

Requirements

• 3+ years of progressive finance, legal operations, legal vendor management, or other corporate experience that demonstrates strong business and financial acumen.
• Finance or Accounting experience strongly preferred
• BA degree or equivalent
• Experience in legal forecasting and budgeting is preferred
• Strong attention to detail and commitment to accuracy and on-time delivery in regimented, financial calendar-anchored environment
• Ability to work independently and succeed in fast-paced environment
• Advanced proficiency in Microsoft Excel is required
• Demonstrated analytical mindset and ability to synthesize information

Responsibilities

• Collaborates with leadership to manage the financial affairs of GLCR, including budgeting, forecasting, financial reporting, allocations, and accruals
• Develops and monitors financial and vendor management key performance indicators
• Communicates with law firms and legal vendors on expense/invoice submission; facilitates positive relationships with law firm billing departments to ensure clear and accurate exchange of information; monitors law firm / legal vendor financial performance
• Participates in financial analysis and forecasting activities to support strategic planning and decision-making and assist in law firm / legal vendor management.
• Prepares detailed financial and matter management reports and presents findings to GLCR leadership and other business partners.
• Contributes to compliance with financial and vendor management policies and regulations
• Enables successful completion of law firm annual budgeting and quarterly forecasting process
• Analyzes variances to budget, identify key trends and drivers, partner with attorneys and management to drive production of vetted financials
• Serves as subject matter expert for financial deliverables within GLCR as related to key projects and strategic initiatives
• Executes firm engagements, security and control assessments, and other firm and vendor administration-related deliverables; manages law firm and legal vendor contacts, such as billing and relationship partner communication
• Ensures accurate data in connection with firm eBilling and matter management records in outside counsel management system

Benefits

• Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level