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Cost Audit Analyst - Quincy Massachusetts
Company: Granite Telecommunications
Location: Quincy, Massachusetts
Posted On: 04/17/2024
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Cost Audit Analyst
Location:
Quincy, MA (HQ)
Job Code:
5203
# of Openings:
1
DescriptionGranite Background & History
Granite is one of the premier communications services providers to businesses across the United States and Canada. We provide exceptional customized service with an emphasis on reliability and outstanding customer support and our customers include over 85 of the Fortune 100. Granite has over $1.8 Billion in revenue with more than2,300 employees and is headquartered in Quincy, MA just off I-93 and directly next to the North Quincy T Station on the Red Line. Our mission is to be the leading telecommunications company wherever we offer services as well as provide an environment where the value of each individual is recognized and where each person has the opportunity to further their growth and achieve success.
o Granite has been recognized by the Boston Business Journal as one of the "Healthiest Companies" in Massachusetts for the past 14 consecutive years
o Our Quincy office has an onsite dining facility and a fully equipped state of the art gym that offers daily Cross Fit, Mixed Martial Arts, and Yoga classes available to employees at zero cost.
o Granite's philanthropy is unparalleled with over $200 million in donations to organizations such as Dana Farber Cancer Institute, The ALS Foundation and the Alzheimer's Association to name a few.
o We have been consistently rated a "Fastest Growing Company" by Inc. Magazine.
o Granite was named to Forbes List of America's Best Employers 2022
o Granite was recently named One of Forbes Best Employers for Diversity
If you are a highly motivated individual who wants to grow your career with a fast paced and progressive company, Granite has countless opportunities for you.
EOE/M/F/Vets/Disabled
General Summary of Position:
Cost Assurance Team has an opening for a Cost Audit Analyst to focus on identifying expected cost through contracts, quotes, and internal Cost Management System data. The analyst will be dedicated to monitoring the POTS (telephone service) product line to add and maintain expected cost coverage including wholesale, resale, and cost optimization plans. Analyst will leverage Excel, SQL, and PowerPivot to cross reference datasets to accomplish tasks and improve coverage to drive internal reporting (various reports and cubes).
Along with determining expected costs, the analyst will monitor existing costs to determine if under or overbillings exist and take applicable action, including disputing/collaborating with internal groups to accrue underbilled costs. The billing disputes will require monitoring for carrier responses in order to recoup credits or updated internal databases to reflect new expected costs.
Lastly, the analyst will assist with Cost-no-Revenue review to improve the bottom line by reviewing services that either are not found in Granite's internal inventory or are actively missing revenue charges.
Duties and Responsibilities:
- Review contracts, quotes, and internal cost management system data to identify and store expected costs
- Audit under and over billings to determine validity and take applicable action (Dispute/Accrue)
- Submit timely, well documented disputes to vendors for erroneous billing via the standardized dispute process
- Review carrier responses to recoup credits or updated expected costs accordingly
- Perform Ad Hoc audits on high priority initiatives.
- Review Cost-no-Revenue services to determine the root cause and drive resolution forward to improve Granite's bottom line.
Required Qualifications:
- Proficient in Microsoft Office.
- Advanced Excel skills
- Experienced in understanding audit concepts, and data analysis.
- Excellent research skills
- Proven problem-solving skills.
- Self-Motivated-Ability to work equally well under supervision and independently.
- Comfortable in a team setting.
Preferred Qualifications:
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