About The Position
Velosio is looking for a Margin Assurance Analyst to be an integral member of the Finance Team.
As a margin assurance analyst at Velosio, you will be responsible in providing key financial and business analyst around the profitable growth of our subscription business with Microsoft and ISV. This role will support internal reporting and analysis across all subscription business to manage churn and find revenue opportunities. This role requires a deep understanding of software products, vendor negotiations, contract management, and performance evaluation. This role involves in managing the procurement process, from requisition creation to purchase order generation, ensuring the organization’s needs are met efficiently and in compliance with company policies.
Your Day Might Look Like
- Review and analyze our CSP billing for licensing, consumption and margin.
- Provide analysis of subscriptions and margins across our direct and indirect business vs Plan and Prior Months
- Assist in the annual operating plan creation related to the Subscription business
- Review and validate PO requests from internal departments, ensuring they are complete, accurate and within budget.
- Ensure all PO are properly coded and categorized based on the type of product or service required.
- Monthly subscription churn reporting and analysis
- Reconciliation between two systems is required on regular basis
- Track our recurring revenue in detail monthly for all recurring revenue and make recommendation on where we should focus time to generate additional business
- Suggest and implement improvements in subscription systems and tools to streamline billing, renewal, and cancellation processes
- Work closely with cross-functional teams including procurement, IT, legal, and business units to gather requirements and align on vendor selection.
- Provide regular updates to senior management on ISV vendor performance, issues, and opportunities.
- Assist in the development of ISV vendor management strategies and policies.
- Ensure the creation of accurate POs, reflecting proper pricing, terms, and conditions.
- Work with suppliers or vendors to obtain quotes and ensure that purchase orders align with the company’s procurement standards.
- Collaborate with suppliers or vendors to confirm orders, negotiate pricing or terms when necessary, and resolve issues related to POs.
- Ensure that all purchase orders comply with company policies, legal regulations, and internal controls.
- Support the implementation of procurement best practices and continuous improvements within the requisition-to-purchase order process.
What You'll Bring
- Bachelor’s degree in Accounting or Finance
- 3+ years’ experience with financial reporting
- Highly proficient in Excel
- Ability to work independently with general guidance on new projects
- Ability to develop innovative solutions to support business needs
- Experience with analytical and reporting tools (e.g., BI 360)
- Familiarity with subscription billing, CRM, or ERP platforms
You Might Also Bring
- MBA, CPA, or CMA
- Experience in managing subscription and/or cloud consumption related financials
Who We Are
At Velosio, we focus on what matters most -
our people. We are a values-driven organization committed to delivering an outstanding employee experience to all our team members.
Velosio’s years of experience with business applications translate to a deep bench of tenured team members with competency across enterprise resource management (ERP), customer relationship management (CRM), and cloud services.
We have earned recognition from Microsoft as a top 1% performing partner worldwide and an emerging NetSuite leader. We have strategic independent software vendor (ISV) partnerships and a portfolio of solution and service offerings to accelerate what’s next for business.
Our mission is to enable clients to realize business value faster, simplify the process of deploying technology, acquire deeper data-driven insights, and explore ongoing innovation to drive business forward. We support the entire Microsoft Dynamics portfolio, Office 365 family and Azure services. Velosio is the only Microsoft Cloud Distributor that specializes in Dynamics 365 and is a prominent Microsoft Master VAR. Headquartered in Columbus, Ohio, Velosio’s 400 employees serve over 4,000 clients.
Beyond our expertise, as a Velosio team member, you can leverage the Velosio award winning culture - a network of top-notch peers, day-to-day flexibility, career development resources and the largest incentive opportunities in the industry.
Some Reasons You Might Like Working With Us
At Velosio,
YOU MATTER.
Due to our proven commitment to delivering an exemplary employee experience, Velosio was awarded
Best Company Culture and
Best Company for Women by Comparably in 2023, 2022 and 2021, in addition to
Best Company for Career Growth,
Best Perks & Benefits, and
Best Leadership Team by Comparably in 2022 and 2023!
About
Access the following link to see why
100% of current Velosio team members feel their company is invested in their career growth,
99% of current Velosio employees feel their manager cares about them as a person, and
99% of current Velosio team members look forward to interacting with their coworkers every day:
https://www.comparably.com/companies/velosio
At Velosio,
YOUR WELLNESS MATTERS.
Benefits
We know one size doesn't fit all, which is why we offer a comprehensive benefits package that allows our team members to create a personalized plan best suited for their unique needs, including:
- 3 Medical Insurance options with a company contribution to HSA
- 3 Dental Insurance options including adult orthodontics
- 3 Vision Insurance options
- PTO with added time with each year of service
- Remote working environment
- 401k Match 50% of the first 6%
- StayWell Program - a cash reimbursement up to $600 a year toward Wellness
- Quarterly Incentive Program
