Senior Client Finance Analyst

Precision AQ

2d•$83,000 - $105,000•Remote

About The Position

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. This role involves taking on significant responsibilities in monthly project accounting, including leading status meetings, managing financial trackers, and reconciling new projects and change orders. The analyst will also be responsible for setting up new clients in accounting systems, reviewing intercompany transactions, assisting with revenue recognition, preparing revenue forecasts, and managing client invoicing and accruals. Additionally, the role requires reviewing project costs, tracking employee and subcontractor expenses, coding expenses, and assisting with ad hoc projects and the annual budget preparation. A key aspect of this position is mentoring junior staff and contributing to the development of new departmental policies and procedures.

Requirements

Bachelor’s degree with a minimum concentration in 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
Display passion and purpose for what we do
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

Nice To Haves

Agency or Professional Services experience a plus
Month end close experience
Revenue Recognition experience
Project Accounting experience
Client Services/Client Facing experience

Responsibilities

Support overall monthly project accounting efforts, including preparing and leading monthly status meetings with project managers and managing project updates across financial trackers.
Review and reconcile new projects, including verifying signatures, identifying revenue type, agreeing to Salesforce, tracking milestones/tasks, and intercompany amounts.
Review and reconcile change orders, budget adjustments & carve outs, and update 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 & update 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 hours and expenses for client projects incurred to track against forecast, assigned roles/rates.
Prepare & review approved client invoicing based on contracts and follow up with customers on past due invoices. Create & maintain waterfall of invoicing per contracts.
Review and submit monthly client accruals and submissions to clients. Consolidate accruals with other Precision entities.
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 subcontractor hours/expenses/bill rates monthly compared to forecast and budget. Forecast future subcontractor costs.
Review the coding of 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, including the annual budget preparation. Assist with P&L budget line items.
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 through career development.
Assist with monthly close activities and prepare necessary materials.