Note: The job is a remote job and is open to candidates in USA. Precision AQ is seeking a Senior Client Finance Analyst to support the financial management of its client portfolio. The role focuses on project accounting, financial reporting, revenue recognition, forecasting, invoicing, reconciliations, month-end close activities, and mentoring junior staff.
Responsibilities
- 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
Skills
- Bachelor's degree with a minimum concentration accounting, finance or business
- 3+ years of relevant accounting/finance experience
- Intermediate to advanced Microsoft Excel 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 thinking, analytical, interpretative, and problem-solving skills
- Ability to process and analyze large volumes of qualitative and quantitative information
- Ability to multitask with great attention to detail, and high level of accountability
- Communication (oral and written) with ability to speak with all levels of the organization
- Strong interpersonal and relationship building skills, and an ability to build credibility with external and internal stakeholders
- Possesses ethics and integrity when dealing with confidential and sensitive information
- Willingness to extend yourself and assist other team members
- Self-starting attitude with a strong desire to learn and grow rapidly
- Agency or Professional Services experience a plus
- Month end close experience
- Revenue Recognition experience
- Project Accounting experience
- Client Services/Client Facing experience
Benefits
- This role is also eligible for a discretionary annual bonus
- Health insurance
- Retirement savings benefits
- Life insurance and disability benefits
- Parental leave
- Paid time off for sick leave and vacation
Company Overview