Marsh McLennan

Financial Coordinator

Marsh McLennan • $56K — $112K *
Chicago, IL 60629Hybrid
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Up to 2 years of experience in client invoicing or similar role.
  • Strong understanding of financial processes and billing principles.
  • Proficiency with billing systems and Mercer tools.
  • Excellent attention to detail and organizational skills.
  • Strong analytical and problem-solving skills.

Responsibilities

  • Manage the end-to-end client invoicing process.
  • Prepare and process client invoices including planned and unplanned investments.
  • Ensure accurate client onboarding and setup of billing/project codes.
  • Maintain an internal database for tracking invoices and project budgets.
  • Coordinate collection of outstanding invoices to improve Days Receivable Outstanding.
  • Develop relationships with internal and external stakeholders for effective collections.

Benefits

  • Opportunity to work in a dynamic and fast-paced environment.
  • Develop analytical and financial management skills.
  • Gain experience in client invoicing and financial processes.
  • Collaborate with various teams and stakeholders.
Full Job Description

Financial Coordinator Role

Mercer has an exciting opportunityfor a Financial Coordinator position.

What can you expect?

  • The Financial Coordinator roleis responsible formanaging the end-to-end client invoicing process includingmonitoringthe collection of outstandingAccountsReceivable (AR)and the application of cash to correct invoices.

  • This rolewill drive consistency, accuracy,timelydeliveryand 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 billingprocessto 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 ensuringaccurateset-up,renewaland validation of billing/project codes. Liaise with stakeholders to ensure proper documentation is attached to eachcodeand 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,investmentsand reconciliation of charges vs. project budget.

  • Ensuretimelycollection 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, missingdataand request updates as needed.

  • Identifyand develop relationships with internal client contact and external client Accounts Payable (AP) contacts tofacilitatemore effective collections andtimelypayment of invoices.

What you need to have:

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

  • Accurately and effectivelyexecute oninvoicinginstructions fromclient teams.

  • Strong understanding of financial processesandbilling principles.

  • Proficiencyin 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 managementskillsto ensuretimelyandaccurateinvoicing of clients.







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
Finance & Insurance
Net Income
$2 billion
Founded
1914
5 Year Trend
+8.5%
Revenue
$17.2 billion
NASDAQ
MMC
* Ladders Estimates

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