Financial Specialist

Aon Hewitt; London; Hybrid; GBP 40,000 - 60,000; Full time

Job summary

A leading company, Aon Hewitt, seeks a Financial Specialist to support contract management, revenue recognition, and accounts receivable management. The role emphasizes teamwork and compliance in delivering effective solutions for clients. This opportunity provides career growth within a dynamic and inclusive environment.

Benefits

Comprehensive benefits package

Global Wellbeing Days

Continuous learning culture

Qualifications

• Minimum 1 year of experience in project administration or contract management.
• Intermediate to advanced Excel skills (i.e., lookups, pivot tables).
• Experience in a SOX environment and familiarity with accounting software.

Responsibilities

• Manage contract setups while ensuring compliance with financial terms.
• Oversee revenue recognition processes and monitor invoicing.
• Collaborate with consultants on client invoicing requirements.

Skills

Project management

Contract management

Accounts receivable

Problem solving

Attention to detail

Analytical skills

Communication

Interpersonal skills

Education

Bachelor’s degree in Finance, Accounting, or a related field

Tools

Workday

SAP

Oracle

MS Office

Job description

Job Title: Financial Specialist

Have you always wanted to be a part of an industry-leading team? Do you want to apply your experience in finance to help empower results for our clients by delivering innovative and effective solutions? This could be the role you've been looking for.

This is a hybrid role with the flexibility to work both virtually and from our Toronto office.

Applicants must be legally authorized to work in Canada. This role is not eligible for sponsorship, and we are unable to sponsor or take over sponsorship of an employment visa or work permit.

Aon is in the business of better decisions

At Aon, we shape decisions for the better to protect and enrich the lives of people around the world.

As an organization, we are united through trust as one inclusive team and we are passionate about helping our colleagues and clients succeed.

What the day will look like

Contract/Project Set Up and Maintenance:

• Review client agreements to ensure internal/external audit requirements are met and key financial terms are included;
• Working with the legacy system Workday to set up projects and contracts with a focus on accurate and timely revenue recognition
• Monitor contract/project end dates to forecast and reduce the impact on revenue flow;
• Follow up on expiring contracts three months in advance with the project manager to get new client evidence in place before expiry;
• Monitor auto-renewing contracts to ensure planned fee increases are implemented (assist with needed documentation of increases); and
• Coordinate set up for contracts with multi-practice involvement (ensure compliance with thresholds for separate project/contract line set up).

Revenue Recognition and Reconciliation

• Apply the revenue recognition criteria to reconcile if revenue should be recognized and how much at various month/quarter ends based on the client evidence available and qualitative information from the consultants;
• Submit volume revenue on behalf of the consultants, before month-end, to ensure complete recognition before books close;
• Monitor and report revenue variances based on established thresholds to the financial planning and analysis (FP&A) team; and any revenue recognition placed on hold because of unsigned client contracts to the consultants

Invoice Management

• Monthly meetings with consultants to determine client invoicing requirements; review monthly invoices for consultants and finalize approvals in the system
• Prepare/update any client-specific invoice attachments;
• Assist the Account Executive in research of forwarded/advanced amounts for quarterly validation;
• Contribute to reaching the Canadian invoicing targets by ensuring invoices are sent out by month's end and meeting any special client requirements.

Accounts Receivable Management

• Monitor client Accounts Receivables (AR) and complete any ad hoc requests for the Account Executive; answer client queries on AR balances;
• Assist the AR team in the application of payments where required; and work with collectors to ensure appropriate client contact is done per the consultant's wishes and client evidence.

How this opportunity is different

Your role as a Wealth Financial Specialist will help the business recognize our results. You are joining a team of client-focussed colleagues who strive to deliver the highest level of output keeping in mind internal control compliance and business management. The dedicated team is united as an inclusive, diverse team and passionate about making each other successful.

Skills and experience that will lead to success

• Minimum 1 year of experience in project administration, contract management, invoicing/accounts receivables; working for a public company and/or service or consulting industry is preferred;
• Strong MS Office knowledge; intermediate to advanced Excel skills (i.e. lookups, and pivot tables);
• Experience working in a SOX environment is a plus; working knowledge and familiarity with accounting software systems (Workday; SAP, Oracle), Workday preferred;
• Strong written and oral communication skills;
• Proven analytical capabilities and problem-solving skills; organizational skills and strong attention to detail;
• Experience in running multiple priorities, and projects simultaneously, and an ability to meet timelines;
• Self-motivated individual and directed with the ability to exercise independent judgment;
• Can-do approach, proactive and dynamic individual who thrives in a fast-paced team environment and is readily adaptable to changing organizational requirements and willing to own responsibilities and take initiative;
• Excellent interpersonal skills, ability to partner and collaborate as a team member with global colleagues, within various finance fields.
• Bachelor’s degree, or equivalent experience, in Finance, Accounting, or a related field
• Aspiration to professional development including the PMP, CPA
• French proficiency is an asset

How we support our colleagues

In addition to our comprehensive benefits package, we encourage an inclusive workforce. Plus, our agile environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions for our colleagues as well.

Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued.

Aon values an innovative and inclusive workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.

Aon provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status.

We welcome applications from all and provide individuals with disabilities with reasonable adjustments to participate in the job application, interview process and to perform essential job functions once onboard. If you would like to learn more about the reasonable accommodations we provide, email [e-mail]

Aon is not accepting unsolicited resumes from search firms for this position. If you are a search firm, you will not be compensated in any way for your submission of a candidate, even if Aon hires that candidate.

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