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.