Senior Client Finance Analyst

Job Description

Position Summary:

The Senior Client Finance Analyst will support the overall financial management for our client portfolio, reporting, general day-to-day activities, and related month end close duties.

Essential functions of the job include but are not limited to:

- Take on a larger role supporting the overall monthly project accounting efforts including preparing and leading some of the monthly status meetings with project managers and managing project updates across financial trackers.

- Review & reconcile new projects including verifying signatures, identifying revenue type, agreeing to Salesforce, tracking of milestones/tasks, and intercompany amounts as applicable. Follow up with project leads on discrepancies as required.

- Review & reconcile change orders, budget adjustments & carve outs, and updating project financial trackers for specific project milestones/tasks.

- Set up new clients in accounting systems and files including adding and mapping employees to new billable rates, and review of MSA's for rebates and discounts.

- Review intercompany revenue/cost transactions & updating shared financial trackers. Assist with Interco contract execution. Review cost allocations compared to overall project budget & facilitate project scope changes with other finance teams & project leads.

- Assist with revenue recognition for project revenues & ensure compliance with client contracts including new contract awards updates and pickup of out of period revenue.

- Prepare monthly project revenue forecast and comparisons to budget/plan.

- Review and investigate as required hours and expenses for client projects incurred to track against forecast, assigned roles/rates based on information provided by project leads.

- Prepare & review approved client invoicing based on contracts and follow up with customers on past due invoices. When applicable, create & maintain waterfall of invoicing per contracts.

- Review and submit monthly client accruals and submissions to clients. Consolidate accruals with other Precision entities as applicable.

- Review client business development opportunities in Salesforce and ensure accuracy across internal schedules and financial trackers.

- Review project costs compared to contracted amounts as well as other direct costs shared across projects/clients.

- Responsible for set up and tracking of new employees and when applicable subcontractor hours/expenses/bill rates monthly compared to forecast and budget. Forecast future subcontractor costs with inputs from project leads as applicable.

- Review the coding expense reports, invoices and/or credit card bookings to ensure proper approval to billable projects.

- Identify, allocate & review intercompany transactions.

- Assist with ad hoc projects as applicable, including the annual budget preparation. Assist with P&L budget line items as applicable.

- Review & reconcile supporting documents for the annual audit.

- Assist in the development and implementation of new policies and procedures to enhance the workflow of the department.

- Advise junior staff on best practices in approach to client finances. Mentor junior staff as applicable through career development.

- Assist when and where possible with monthly close activities and help prepare necessary materials.

Qualifications:

Minimum Required:

- Bachelor’s degree with a minimum concentration accounting, finance or business

- 3+ years of relevant accounting/finance experience

Other Required:

- Intermediate to advanced Microsoft Excel skills

Preferred:

- Agency or Professional Services experience a plus

- Month end close experience

- Revenue Recognition experience

- Project Accounting experience

- Client Services/Client Facing experience

Skills:

- Excellent client service including mutual respect and approach to communications as well as timeliness of responses

- Deadline-oriented with good time management and organizational skills

- Proven critical