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Senior Financial Analyst

Cheektowaga, NY
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Job Details

Careers Center | Senior Financial Analyst

Senior Financial Analyst

Location US-NY-Cheektowaga
System ID
Relocation Type
Employment Status

Unit Description

Sodexo has a new opening for a Senior Financial Analyst in the Client Balance Sheet department at our Financial Service Center in Cheektowaga, NY.


This position will support the Healthcare Transformation GPO Strategy Implementation and automation (80%):


  • Support Vizient client roll out schedule through 2020
  • Dual contract maintenance for units transitioned to Vizient and others in alternate GPO memberships.
  • Maintenance of SAP GPO Tab for client and GPO contractual terms and contract interpretation
  • Maintenance and setup of clients and GPO’s in GPO Client Payment System (GCPS)
  • Payment approvals in (GCPS) ~409
  • Check and client report distribution
  • Manage manual estimated top up accruals quarterly since actuals are only paid annually
  • Calculate and record revenue recognition for payments made by GCPS and client contracts using sub family rebate functionality.
  • Manual Calculation and payment of ~7 GPO’s admin Fees
  • Perform manual retro calculations for contracts not submitted timely (system does not look back) as well as manual client reports (need TOAD and SQL to perform retro calc’s)
  • Support inquiries into payments and calculations from GPO Finance, Value Analysis Team, and Operations
  • Learn software systems - TOAD and SQL for GCPS support, calculation analysis and supply management data
  • Provide technical support and interpretation for GPO contractual negotiations
  • Manage other GPO payments process for Med Pricer, HPG, IPC and regional purchasing programs
  • Analyze and reconcile current automated accounting calculations to manual calculations to align more appropriately.
  • Long term project management to automate admin fee payments for Vizient, Med Pricer, HPG etc. with IT support
  • Long term project management to automate rebate payments for HPG, Med Pricer etc. with IT support
  • Manage phase II of GCPS to enhance client and internal reporting and other enhancements as tool is enabled
  • Manage with holding of rebate payments to clients if they have outstanding AR greater than 30 days at time of payment
  • Manage forfeiture of client rebates if client has outstanding AR’s by the next quarterly payment cycle.
  • Modeling and estimates for impacts to clients switching between GPO’s providing calculation support.


Other responsibilities of this positions non-HC specific (20%)


  • Support expansion of GPO growth into other Segments
  • Manage and automate client contractual procurement credits and VDA returns to clients
  • Record the revenue recognition adjustments related to client payments
  • Manage and pay VDA settlements
  • Manage closed units VDA processes
  • Provide oversight and backup support for WIP and Construction Accounting

Position Summary

Responsible for conducting and documenting complex financial analysis projects. May provide functional advice or training to less experienced financial analyst jobs. Provides management with recommendations for action and/or modifications regarding financial procedures, plans and controls.

Qualifications & Requirements

Basic Education Requirement - Bachelor’s Degree
Basic Functional Experience - 3 years in accounting, finance or a related field

Sodexo is an EEO/AA/Minority/Female/Disability/Veteran employer.

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