I-CFO]Financial Operations - Principal Analyst, Financial operations

• Leadership & Strategic Oversight:

• Take full ownership of the financial operations process across multiple accounts, ensuring complex deliverables are met on time and to the highest standards of quality.
• Lead strategic initiatives aimed at improving operational processes, optimizing systems, and addressing emerging challenges in financial operations.
• Provide mentorship and guidance to managers, analysts, and cross-functional teams to foster professional development and enhance operational performance.
• Work closely with senior leadership to set long-term strategies and goals for the Financial Operations team, aligning departmental objectives with broader organizational priorities.
• Advanced Financial Operations & Process Management:

• Oversee the entire accounts receivable lifecycle, ensuring accurate and timely invoicing, collections, and payment application across multiple platforms (VMS, ERP, PeopleSoft).
• Manage and resolve complex reconciliation tasks, ensuring seamless integration of data across multiple systems and identifying opportunities for improvement in the reconciliation process.
• Conduct high-level analysis of financial data, providing actionable insights to senior management to guide decision-making and improve financial performance.
• Financial Reporting & Data Integrity:

• Lead the preparation and analysis of advanced financial reports, including aging reports, collection trends, outstanding balances, and key performance indicators (KPIs).
• Ensure data integrity across all financial systems, overseeing audits and spot checks to confirm the accuracy of financial records and reports.
• Create and deliver strategic reports and presentations to senior management and external stakeholders, providing clear, concise, and actionable financial insights.
• Strategic Process Improvements & Optimization:

• Drive large-scale process improvement initiatives within financial operations, from identifying inefficiencies to implementing scalable solutions that reduce operational costs and enhance service delivery.
• Work with key stakeholders across the organization to review and refine financial workflows, ensuring best practices are established and continuously followed.
• Lead the implementation of automation, system upgrades, and other technological improvements to streamline processes, reduce manual effort, and increase overall operational efficiency.
• Cross-Functional Collaboration & Client Engagement:

• Serve as a senior-level point of contact for clients, engaging in high-level discussions around billing discrepancies, payment issues, and process changes, ensuring resolution and maintaining positive client relationships.
• Collaborate with internal teams, including finance, IT, and client services, to align financial operations with other key business functions and ensure optimal performance across the board.
• Provide strategic recommendations and insights based on client needs, market trends, and financial data to improve client service and drive business growth.
• Governance, Compliance, & Risk Management:

• Establish and enforce governance policies and procedures related to financial operations, ensuring compliance with internal standards and external regulations.
• Lead risk management efforts, proactively identifying potential risks in financial processes and implementing solutions to mitigate them.
• Oversee the development and maintenance of process documentation, ensuring all team members adhere to documented procedures and maintain consistency across operations.
• Mentorship & Team Development:

• Lead, mentor, and coach a team of financial analysts, providing advanced training and career development opportunities to foster a culture of excellence.
• Develop and maintain a high-performing team by setting clear expectations, tracking performance, and facilitating regular feedback and development discussions.
• Ensure the team is equipped with the necessary tools, resources, and support to achieve individual and collective success.
• Innovation & Thought Leadership:

• Stay abreast of emerging trends in financial operations, system improvements, and best practices in the industry.
• Serve as a subject matter expert and thought leader in financial operations, contributing to the evolution of department strategy and ensuring the organization stays ahead of market trends.
• Drive innovation by recommending new approaches, tools, and technologies that can improve efficiency, accuracy, and client satisfaction.

• Bachelor’s degree in Finance, Accounting, Business, or a related field; MBA highly preferred.
• 5+ years of experience in financial operations, accounting, or finance, with a proven track record in a leadership or principal analyst role.
• Advanced knowledge of financial systems such as Vendor Management Systems (VMS), ERP (PeopleSoft), and other accounting platforms.
• Strong expertise in financial reporting, data analysis, and reconciliation processes with an ability to manage complex data and financial workflows.
• Demonstrated experience driving process improvements, system integrations, and financial optimization in a large-scale, multi-account environment.
• Exceptional leadership, communication, and interpersonal skills, with the ability to interact effectively with all levels of the organization and external stakeholders.
• Highly analytical, detail-oriented, and capable of managing multiple priorities in a fast-paced environment.
• Strong problem-solving skills with a focus on continuous improvement and innovation.

• Strategic Financial Leadership
• Advanced Financial Analysis & Reporting
• Process Optimization & Continuous Improvement
• Cross-Functional Collaboration & Client Relations
• Governance, Compliance & Risk Management
• Mentorship & Team Development
• Data Integrity & System Integration
• Problem Solving & Decision Making
• Innovation & Thought Leadership

Magnit