Associate Manager of Client Finance

Employer
PRECISIONvalue
Location
Alexandria, VA
Posted
Jan 21, 2022
Closes
Jan 24, 2022
Ref
324656746
Hours
Full Time
Fully remote role OR work from our luxury offices in Boston, NYC, Chicago, Costa Mesa CA, or Gladstone New Jersey. Work where you work best!Unfortunately, we are not able to provide any work sponsorship now or anytime in the future.We are pleased to share the Associate Manager, Client Finance role to support our ongoing global growth! You will be a key member of our Finance & Accounting team in supporting our client practices consultancy as they deliver world class content.The PRECISIONadvisors (part of Precision Value & Health) culture is similar to that of a start-up, but in a well-funded established global portfolio organization. Our team has a real passion and excitement for utilizing unique analytics-based solutions to inform patient journeys, payer projections, as well as global pricing, contracting and market access strategiesThe Associate Manager, Client Finance will review & manage 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: Supervise the overall monthly project accounting efforts including preparing and leading the majority of the monthly status meetings with project managers and managing project updates across financial trackers.Review & reconcile new contracts & assess related contracts/projects including understanding contract components of milestones/tasks and intercompany components & ensuring accuracy of project set up.Review/Address concerns around project tracking/funds compared to project budgets. Report and present project financials to project leads/stakeholders.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.Manage Interco contract execution. Manage cost allocations compared to overall project budget & facilitate project scope changes with other finance teams & project leads.Manage business unit(s) project revenues and ensure compliance with client contracts including new contract awards updates and pickup of out of period revenue. As the primary finance contact for business unit projects, understand and elevate potential issues to ensure proper accounting and revenue recognition in accordance with GAAP.Prepare monthly project revenue forecast and comparisons to budget/plan.Manage hours and expenses for client projects incurred to track against forecast, assigned roles/rates based on information provided by project leads including mapping of new roles and rates and other revenue/cost adjustments where applicable.Manage client invoicing based on contracts (including use of correct invoicing template and contracting entity and correct currency), reconcile issues and follow up with customers on past due invoices. Manage unbilled revenue aging and adherence to client invoicing guidelines.Review and submit monthly client accruals. 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.Review set up and tracking of new employees and when applicable subcontractor hours/expenses/bill rates monthly compared to forecast and budget. Manage subcontractor agreements and forecast future subcontractor costs with inputs from project leads as applicable.Review & reconcile monthly general ledger account reconciliations for accuracy and completeness. Collaborate with SG&A team where applicableReview the coding expense reports, invoices and/or credit card bookings to ensure proper approval to billable projects.Identify, allocate & review intercompany transactionsAssist with ad hoc projects as applicable, including the annual budget preparation. Take the lead on budgeting for specific P&L line items as applicable.Review & reconcile supporting documents for the annual audit. Prepare supporting documents & schedules for the audit. Manage up where audit deliverables will require additional collaboration/input.Proactively identify cost savings and process efficienciesCollaborate with FP&A as applicable and proactively highlight & add commentary around key drivers for variance explanations to budget/forecast.Assist with preparation with revenue and expense inputs for reporting and analysis.Advise staff on best practices in approach to client finances and on non-routine financial transactions. Manage & mentor direct reports & junior staff through career development.Minimum RequiredQualifications:Bachelor's degree with a minimum concentration accounting, finance or business4+ years of relevant accounting/finance experience to include 1-2 years in a supervisory roleOther RequiredIntermediate to advanced Microsoft Excel skillsPreferredAgency or Professional Services experience a plusMonth end close experienceRevenue Recognition experienceProject Accounting experienceClient Services/Client Facing experienceSkillsExcellent client service including mutual respect and approach to communications as well as timeliness of responsesDeadline-oriented with good time management and organizational skillsProven critical thinking, analytical, interpretative, and problem-solving skillsAbility to process and analyze large volumes of qualitative and quantitative informationAbility to multitask with great attention to detail, and high level of accountabilityDisplay passion and purpose for what we doCommunication (oral and written) with ability to speak with all levels of the organizationStrong interpersonal and relationship building skills, and an ability to build credibility with external and internal stakeholdersPossesses ethics and integrity when dealing with confidential and sensitive information.Willingness to extend yourself and assist other team membersSelf-starting attitude with a strong desire to learn and grow rapidlyAny data provided as a part of this application will be stored in accordance with our Privacy Policy .Precision Medicine Group is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, age, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or other characteristics protected by law. (C) 2020 Precision Medicine Group, LLCIf you are an individual with a disability and require a reasonable accommodation to complete any part of the application process, or are limited in the ability or unable to access or use this online application process and need an alternative method for applying, you may contact Precision Medicine Group at QuestionForHR@precisionmedicinegrp.com .

Similar jobs