Oliver Wyman - Finance Coordinator

Marsh McLennan•New York, NY

21h•$80,000 - $95,000•Hybrid

About The Position

Oliver Wyman provides customized actuarial services and strategic insight, supporting clients as they strive to exceed their business objectives. Our exceptional client and employee retention exemplify our commitment to relationships built on trust, responsiveness and clear communication. The Actuarial Practice of Oliver Wyman is an operating division of the Oliver Wyman Group, a member of the Marsh & McLennan Companies (MMC), the foremost employer of actuaries in the world. Oliver Wyman was recognized by Fortune as one of the 100 Best Companies to work for in 2019. Visit our website for more details about Oliver Wyman: www.oliverwyman.com The Finance Coordinator will provide comprehensive financial support to the Health, Life, and P&C practices to fully support their flash, invoicing, and financial reporting and analysis functions. This role requires strong organizational skills, attention to detail, and the ability to handle multiple tasks simultaneously. The Finance Coordinator will work closely with the regional leaders and other stakeholders to ensure accurate and timely completion of financial activities.

Requirements

BA or BS degree in Finance, Accounting, or equivalent experience
Experience with the Flash process and invoicing
1-2 years’ experience in a financial or highly analytical role preferred, performing P&L reporting, forecasting and budgeting
Must be comfortable working with and manipulating large amounts of data, creating reports and perform data analysis, including validating data feeds and generating financial management reports.
Ability to learn Macros is preferable
Intermediate to advanced proficiency with Microsoft Suite, including, Outlook, Word, Excel, Power Point

Nice To Haves

Experience with Tableau or other BI tools, SalesForce, SmartView a plus
Strong financial and analytical skills
Proven experience in a role requiring a high degree of organizational skill and attention to detail
Excellent written and verbal communication skills
The ability to be productive, adaptive and to simultaneously manage multiple project priorities in a complex, performance-driven environment
Skill in building relationships with stakeholders, understanding their needs, and providing ad-hoc reports or information as requested
Can work effectively autonomously and in a team environment
Is coachable and possesses a strong desire to learn and grow

Responsibilities

Manage monthly flash process for designated P&Ls
Work with project managers each month to determine and record flash entries (current invoice, future invoice, bill ahead applied) by project and provide details of recognized revenue by project and in the aggregate
Track WIP and foster timely invoicing of clients by project managers
Create and send invoices on a monthly basis within designated timeframes
Maintain compliance with internal policies and maintain proper documentation for all invoices (i.e., provide draft copies, obtain peer review, etc.)
Track invoices and follow up on past due amounts to foster timely collections
Provide monthly reports to stakeholders detailing key business metrics (utilization, realization, project profitability)
Provide other ad-hoc reports to stakeholders, as requested
Perform monthly analysis of key metrics and drivers
Monitor monthly and YTD results against budgets; identify areas where results appear to be trending outside of acceptable levels
Investigate and highlight utilization and profitability trends/issues
Validate data feeds to OW Data & Analytics, as necessary
Create Excel reports to aid in the financial management of the practice
Manage payment requests, refunds, unapplied funds, and write-off requests
Research and develop current procedures, establish best practices, and streamline existing processes