Financial Risk Specialist

15 hours ago


Pasay, National Capital Region, Philippines Vestas Full time

About the Role:

As a Financial Risk Specialist at Vestas, you will play a crucial part in supporting the Global Procurement teams in assessing vendors' financial acceptability and risk. You will be responsible for developing and maintaining a vendor financial risk assessment model to improve risk transparency and mitigating actions.

Main Responsibilities:

  • Risk Assessment: Conduct thorough financial data analysis of existing suppliers and participate in assessing potential suppliers' financial acceptability.
  • Model Development: Develop and maintain a vendor financial risk assessment model to enhance risk visibility and drive informed decision-making.
  • Stakeholder Collaboration: Coordinate with stakeholders to capture other risks not visible in the financial data, such as acquisitions and mergers.
  • Risk Reporting: Manage communication of financial risk and coordinate with stakeholders for effective risk reporting and mitigation planning.
  • Negotiation Support: Assist Sourcing in identifying opportunity levers for negotiation using financial data gathered.
  • Process Optimization: Promote continuous improvements by motivating the current state, optimizing processes, and utilizing capabilities to secure high-quality standards for procurement operations.

Requirements:

  • Relevant Education: Relevant business, finance, or accounting degree.
  • Experience: At least 5 years of experience in financial audit and F&A function (non-negotiable).
  • Skills: Proficient in Microsoft Office programs (especially Excel incl. VBA, Word, PowerPoint, and Outlook), good investigative skills, and ability to analyze and interpret complex information from numerous sources.
  • Personal Qualities: Good organizational skills, experience working in an intensive professional environment, customer-focused approach, and ability to work with minimal supervision.


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