Senior Client Finance Analyst

Precision AQ; Peapack-Gladstone (NJ); On-site; USD 83,000 - 105,000; Full time

Benefits offered by this job

Discretionary annual bonus

Health insurance

Retirement savings benefits

Life insurance

Disability benefits

Parental leave

Paid time off

Job summary

Precision Medicine Group in the United States is seeking a Senior Client Finance Analyst to support financial management for client portfolios, including reporting and month-end close activities.

The role focuses on project accounting, intercompany transactions, revenue recognition, and client invoicing, with guidance to junior staff and involvement in annual budgeting and audits.

Qualifications

• Bachelor’s degree in accounting, finance or business.
• 3+ years of relevant accounting/finance experience.

Responsibilities

• Lead monthly project accounting efforts and some monthly status meetings with project managers.
• Review & reconcile new projects including revenue type, milestones, and intercompany amounts.
• Review & reconcile change orders, budget adjustments, and project trackers.
• Set up new clients in accounting systems and map employees to billable rates; review MSAs for rebates/discounts.
• Review intercompany revenue/cost transactions and update shared trackers; assist with interco contracts.
• Assist with revenue recognition for project revenues and ensure contract compliance.
• Prepare monthly project revenue forecast and compare to budget/plan.
• Review hours/expenses for client projects and allocate rates per project leads.
• Prepare and review client invoicing; manage overdue invoices and waterfall of invoicing.

Skills

Excel

Financial reporting

Month-end close

Revenue recognition

Intercompany accounting

Project accounting

Budgeting/Forecasting

Analytical thinking

Communication

Education

Bachelor’s degree in accounting, finance or business

Tools

Salesforce

Accounting systems

MS Excel

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.

Job Description

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

• 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.

Qualifications

• Bachelor’s degree with a minimum concentration accounting, finance or business


• 3+ years of relevant accounting/finance experience

Other Required

• Intermediate to advanced Microsoft Excel skills

Preferred

• Agency or Professional Services experience a plus


• Month end close experience


• Revenue Recognition experience


• Project Accounting experience


• Client Services/Client Facing experience

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

Compensation and Benefits

Precision is required by law in some states or cities to include a reasonable estimate of the compensation range for this role. This compensation range takes into account the wide range of factors that are considered in making compensation decisions including but not limited to: skill sets, experience and training, licensure and certifications, and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Precision, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. This role is also 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, among other benefits.

Reasonable estimate of the current range: $83,000 USD - $105,000 USD

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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.

If 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 [e-mail].