Financial Operations Specialist
4 weeks ago
The Vendor & Financial Administration Analyst will play a pivotal role in ensuring strong, accurate financial management and effective law firm and legal vendor engagement for the Global Legal, Compliance & Regulatory department.
This role will be responsible for 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.
Key Responsibilities- 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
- 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
- 3+ years of progressive finance, legal operations, legal vendor management, or other corporate experience that demonstrates strong business and financial acumen.
- 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
- Advanced proficiency in Microsoft Excel is required
American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the worlds most far-reaching property casualty networks.
We are thinking in new and innovative ways to deliver ever-better solutions to our customers.
At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential.
We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.
We foster a culture of inclusion and belonging through our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs).
The diversity of our people is one of AIGs greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.
AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.
AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities.
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