Vendor & Financial Administration Analyst

About the role:

The Vendor & Financial Administration Analyst will be responsible for ensuring strong, accurate financial management and effective law firm and legal vendor engagement for the Global Legal, Compliance & Regulatory department, inclusive of 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, the Vendor & Financial Administration Analyst will meld financial analysis with law firm and legal vendor relationship and matter management to facilitate spend transparency and optimization.

The role will be a key component of our legal vendor management and financial monitoring structure and will play a pivotal role in establishing financial and vendor performance key performance indicators.

Collaborates with leadership to manage the financial affairs of GLCR, including budgeting, forecasting, financial reporting, allocations, and accruals. 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. Enables successful completion of law firm annual budgeting and quarterly forecasting process.

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. Finance or Accounting experience strongly preferred. BA degree or equivalent. 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. Ability to work independently and succeed in fast-paced environment.

Advanced proficiency in Microsoft Excel is required. Demonstrated analytical mindset and ability to synthesize information.

At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.

At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive…