Precision Value & Health is hiring a
Manager, Client Finance in United States

Summary

The Manager of Client Finance will oversee financial management and forecasting for Precision's client portfolio, supervise monthly project accounting efforts, manage new contract engagements, report and present project financials, set up new clients, liaise with other finance teams, review business unit revenues, prepare monthly revenue forecasts, manage hours and expenses, manage client invoicing, manage monthly client accruals, review general ledger account reconciliations, and assist with ad hoc projects. The role requires a Bachelor’s degree in accounting, finance or business, 6+ years of relevant experience including 2-3 years in a supervisory role, and intermediate to advanced Microsoft Excel skills.

Requirements

• Bachelor’s degree with a minimum concentration accounting, finance or business
• 6+ years of relevant accounting/finance experience to include 2-3 years in a supervisory role
• Intermediate to advanced Microsoft Excel skills

Responsibilities

• Supervise the overall monthly project accounting efforts including preparing and leading the monthly status meetings with project managers
• Manage new contract engagements & assessing related contracts/projects including understanding contract components & ensuring accuracy of project set up
• Report and present project financials to project leads/stakeholders
• Manage set up of new clients including review of MSA's for rebates and discounts
• Liaise/Collaborate with other finance teams regarding intercompany revenue/cost transactions and contracting
• Review business unit(s) project revenues and 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
• Manage client invoicing based on contracts, reconcile issues and follow up with customers on past due invoices
• Manage monthly client accruals and submissions to clients. Consolidate accruals with other Precision entities as applicable
• In conjunction with FP&A, review business development opportunities with Senior management and prepare project revenue and business development opportunity variance analysis to budget and projection for Controllers and Senior management. Report on out of period revenue pickup
• Manage project costs compared to contracted amounts as well as other direct costs shared across projects/clients
• Review & report subcontractor expenses monthly (billable vs. non-billable) and future forecasted subcontractor costs. Management of subcontractor agreements
• Review & Analyze monthly general ledger account reconciliations for compliance with GAAP. Forecast expenses compared to budget/plan in coordination with cross functional teams
• Secondary high-level review of expense reports, invoices and/or credit card bookings for comparison to budget/forecast, new vendor approvals & documentation, high value payments
• Review & reconcile intercompany transactions. Collaborate with other finance department heads to support overall department goals and objectives
• Assist with ad hoc projects as applicable, including the annual budget preparation. Take the lead on budgeting for specific P&L line items including managing revenue and cost amounts with business & FP&A inputs as applicable
• Manage audit timelines & communications with audit team. 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 reevaluating processes for cost savings and efficiencies. Lead conversations in the development and implementation of new policies and procedures to enhance the workflow of the department and drive efficiencies
• Update forecast based on understanding of financial performance and future plans. Assist with ad hoc reporting and analysis as required. Collaborate with FP&A as applicable in identifying key variances for presentation to various stakeholders including presentation options for future decision collaborations
• Prepare and analyze the monthly financial reporting package to executive management, review FP&A inputs on back tabs as applicable
• 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

Preferred Qualifications

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

Benefits

• Eligible for a discretionary annual bonus, health insurance, retirement savings benefits, life insurance and disability benefits, parental leave, and paid time off for sick leave and vacation
• $80,000 — $111,000 USD