Job Description
About the position We are seeking a detail-oriented and proactive Senior Analyst, Global Sourcing & Procurement to lead and manage the quarterly cost allocation process, including Index and P&R extracts. This hybrid role partners closely with Finance, IT, and Operations, ensuring accurate cost distribution to funds and clients, resolving technical issues, and driving continuous process improvement. Responsibilities • Cost Allocation Program Management Lead end-to-end cost allocation initiatives across departments, programs, or cost categories, ensuring accuracy, timeliness, and alignment with business objectives and regulatory requirements. • Design, enhance, and maintain cost allocation methodologies, applying sound financial judgment and documenting assumptions, decisions, and changes. • Own and maintain comprehensive documentation, including allocation methodologies, exception handling, new cost decision, governance standards, and audit support materials. • Partner with Finance, Operations, and program teams to gather, validate, and analyze cost inputs and allocation drivers; proactively identify risks, gaps, and data quality issues. • Prepare clear, concise reporting, analysis, and presentations for senior internal stakeholders and audit or external review needs. • Analysis & Process Ownership: Independently run the quarterly cost allocation process, ensuring accurate and timely delivery of Index and P&R extracts in close coordination with Finance. • Serve as the primary business owner and subject-matter expert for the cost allocation tool and related extracts. • Partner with IT to triage, prioritize, and resolve defects, enhancements, and new requests; maintain and manage a backlog of technical requests and ensure alignment with business priorities. • Own the review, validation, and communication of business exceptions and newly identified costs. • Manage the end-to-end process for onboarding and passing through new costs to fund and clients, ensuring proper controls and transparency. • Identify and drive continuous improvement opportunities to enhance scalability, efficiency, and controls within the cost allocation process. Requirements • Bachelor’s degree in Finance, Accounting, Business Administration, Economics, or related field • 3-5 years of experience in financial analysis, cost allocation, business analysis or process improvement. • Proficiency in Excel; working knowledge of SQL, Jira, or similar workflow and data tools. • Proven ability to operate independently, manage competing priorities, and exercise sound judgment. • Strong analytical, problem-solving, and communication skills, with the ability to explain complex concepts to non-technical stakeholders. • This role is not eligible for employment-based immigration sponsorship. Applicants must be legally authorized to work in the United States without employer sponsorship, now or in the future. Nice-to-haves • Strong understanding of financial data flows, cost modeling, and allocation methodologies. • Experience partnering closely with cross-functional teams such as Technology, Finance, and Operations to deliver technology-enabled solutions. • Strong stakeholder management skills, including the ability to influence without authority. Benefits • healthcare • retirement • vacation • wellbeing programs • annual performance bonus