Marsh McLennan

Financial Coordinator

Marsh McLennan$56K — $112K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Up to 2 years experience in client invoicing or similar role.
  • Ability to accurately execute invoicing instructions from client teams.
  • Strong understanding of financial processes and billing principles.
  • Proficient in using billing systems and Mercer tools to complete tasks.
  • Excellent attention to detail and organizational skills for managing multiple client accounts.

Responsibilities

  • Manage the end-to-end client invoicing process and monitor Accounts Receivable (AR).
  • Drive consistency and accuracy in client invoicing to improve client satisfaction.
  • Prepare client invoices and process investments while resolving Work in Progress (WIP).
  • Maintain internal database for tracking charges, invoices, and project budgets.
  • Ensure timely collection of outstanding invoices and coordinate with account teams.
  • Develop relationships with internal and external client contacts to facilitate effective collections.

Benefits

  • Health and welfare benefits.
  • Tuition assistance for professional development.
  • 401K savings and retirement programs.
  • Employee assistance programs.
Full Job Description
Company:
Mercer

Description:

Financial Coordinator Role

Mercer has an exciting opportunity for a Financial Coordinator position.

What can you expect?

  • The Financial Coordinator role is responsible for managing the end-to-end client invoicing process including monitoring the collection of outstanding Accounts Receivable (AR) and the application of cash to correct invoices.


  • This role will drive consistency, accuracy, timely delivery and payment of client invoices with the goal of decreasing Days Receivable Outstanding "DRO" while improving client satisfaction.


We will count on you to:

  • Manage end-to-end billing process to include distributing billing reports to client teams, preparing client invoices, processing planned and unplanned investments, resolving remaining Work in Progress (WIP).


  • Be proficient in client onboarding ensuring accurate set-up, renewal and validation of billing/project codes. Liaise with stakeholders to ensure proper documentation is attached to each code and planned investments are set up at the onset of a project.


  • Maintain internal database tracking monthly charges, client invoices, third-party or vendor invoices, project budgets, investments and reconciliation of charges vs. project budget.


  • Ensure timely collection of outstanding invoices, coordinate effort between account teams and client teams to process invoices by due dates to improve DRO and minimize fee adjustments. Research issues, missing data and request updates as needed.


  • Identify and develop relationships with internal client contact and external client Accounts Payable (AP) contacts to facilitate more effective collections and timely payment of invoices.


What you need to have:

  • Up to 2 years proven experience in client invoicing or a similar role.


  • Accurately and effectively execute on invoicing instructions from client teams.


  • Strong understanding of financial processes and billing principles.


  • Proficiency in using billing systems and other Mercer tools and resources to complete tasks.


  • Excellent attention to detail and ability to organize across several client accounts.


What makes you stand out?

  • Strong analytical and problem-solving skills.


  • Excellent verbal and written communication and interpersonal skills to collaborate and build relationships with internal and external stakeholders.


  • Ability to prioritize tasks, meet deadlines, and work in a fast-paced environment.


  • Strong discipline and time management skills to ensure timely and accurate invoicing of clients.


The applicable base salary range for this role is $56,200 to $112,300.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.

About Marsh McLennan

Marsh McLennan Careers

Join the exceptional team at Marsh McLennan, a global leader in professional services, offering unparalleled job opportunities in insurance, risk management, and consultancy. As the company propels forward, it invites dedicated professionals to contribute to a culture of innovation, leadership, and growth.

Work You’ll Do

At Marsh McLennan, you will engage with complex challenges that push the boundaries of your skills and knowledge. Our team thrives on diversity and the shared goal of delivering impactful solutions to our clients worldwide. By joining us, you will be part of a culture that values diversity training and leadership development, ensuring every team member is equipped for success.

Explore Professional Growth

Marsh McLennan is committed to the professional growth of its employees. Whether you are seeking a position that offers a path to leadership or looking for robust internship programs to kickstart your career, Marsh McLennan provides the resources and global platform to propel your ambitions into achievements. Our benefits package is designed to support the well-being and continuous professional development of all staff, from entry-level to senior leadership roles.

Innovative Work Environment

Our company is at the forefront of industry innovation. The collaboration between experienced professionals and fresh talent generates dynamic solutions that keep Marsh McLennan at the cutting edge of the industry. Our team is encouraged to lead with creativity and embrace new ideas, driving the company’s legacy of pioneering industry-first solutions.

Join Our Team

Marsh McLennan is hiring! Explore the multitude of job opportunities on our careers page, from strategic advisory roles to operational excellence positions. We look for passionate, curious, and solution-driven team players. Enhance your career with Marsh McLennan, where your skills will be honed through challenging projects and high-impact strategies.

Networking and Career Advancement

Networking at Marsh McLennan opens doors to enriching connections and countless opportunities within the industry. Our professionals benefit from an environment that fosters networking through events, professional groups, and collaborative projects. With Marsh McLennan, career advancement is not just a possibility—it is an expectation.

Prepare for Your Interview

Ready to apply? Make sure your resume highlights your most relevant experiences and skills tailored to the position you are applying for. Our interview process is designed to understand your capabilities and fit with our team’s goals and values. Prepare to discuss how your background, experiences, and professional aspirations align with the opportunities at Marsh McLennan.

Stay Connected

Keep up to date with the latest from Marsh McLennan: - **Career Insights**: Gain insider perspectives and industry-leading insights through our careers blog. - **Job Alert Emails**: Personalize your subscription to receive job alerts and the latest news tailored to your preferences. Discover the rewarding career opportunities awaiting at Marsh McLennan, where your professional journey is just the beginning. Join us in shaping a future defined by insight, integrity, and innovation.
Learn more about Marsh McLennan
Size
83,000 employees
Market Cap
$82.6 billion
Industry
Net Income
$2 billion
Founded
1914
5 Year Trend
+8.5%
Revenue
$17.2 billion
NASDAQ

Similar Jobs

More Jobs at Marsh McLennan

More Finance & Insurance Jobs

  • Controller
    $110K — $120K *
    I & A Recruiting
    Crystal Lake, IL 60014 (Mchenry County)
  • Partner
    $200K — $500K+*
    Confidential Company
    Los Angeles, CA 90001 (Los Angeles County)
  • Benjamin Moore
    Data Analyst FP&A
    $86K — $110K *
    Benjamin Moore
    Montvale, NJ 07645 (Bergen County)
  • Berkley
    Senior Broker Specialist
    $130K — $150K *
    Berkley
    Atlanta, GA 30349 (Fulton County)
  • Sr. Financial Analyst
    $88K — $105K *
    NWN Carousel
    Exeter, NH 03833 (Rockingham County)

Find similar Financial Coordinator jobs: