Job Overview:The Finance Coordinator will provide comprehensive financial support to the Health, Life, and P&C practices to fully support their flash, invoicing, and financial reporting and analysis functions. This role requires strong organizational skills, attention to detail, and the ability to handle multiple tasks simultaneously. The Finance Coordinator will work closely with the regional leaders and other stakeholders to ensure accurate and timely completion of financial activities.
Key Responsibilities:Manage monthly flash process for designated P&Ls
- Work with project managers each month to determine and record flash entries (current invoice, future invoice, bill ahead applied) by project and provide details of recognized revenue by project and in the aggregate
- Track WIP and foster timely invoicing of clients by project managers
Create and send invoices on a monthly basis within designated timeframes
- Maintain compliance with internal policies and maintain proper documentation for all invoices (i.e., provide draft copies, obtain peer review, etc.)
- Track invoices and follow up on past due amounts to foster timely collections
Provide monthly reports to stakeholders detailing key business metrics (utilization, realization, project profitability)
- Provide other ad-hoc reports to stakeholders, as requested
Perform monthly analysis of key metrics and drivers
- Monitor monthly and YTD results against budgets; identify areas where results appear to be trending outside of acceptable levels
- Investigate and highlight utilization and profitability trends/issues
- Validate data feeds to OW Data & Analytics, as necessary
Create Excel reports to aid in the financial management of the practice
Manage payment requests, refunds, unapplied funds, and write-off requests
- Research and develop current procedures, establish best practices, and streamline existing processes
Experience Required:- BA or BS degree in Finance, Accounting, or equivalent experience
- Experience with the Flash process and invoicing
- 1-2 years' experience in a financial or highly analytical role preferred, performing P&L reporting, forecasting and budgeting
- Must be comfortable working with and manipulating large amounts of data, creating reports and perform data analysis, including validating data feeds and generating financial management reports. Ability to learn Macros is preferable
- Intermediate to advanced proficiency with Microsoft Suite, including, Outlook, Word, Excel, Power Point
- Experience with Tableau or other BI tools, SalesForce, SmartView a plus
Skills and Attributes:- Strong financial and analytical skills
- Proven experience in a role requiring a high degree of organizational skill and attention to detail
- Excellent written and verbal communication skills
- The ability to be productive, adaptive and to simultaneously manage multiple project priorities in a complex, performance-driven environment
- Skill in building relationships with stakeholders, understanding their needs, and providing ad-hoc reports or information as requested
- Can work effectively autonomously and in a team environment
- Is coachable and possesses a strong desire to learn and grow
The applicable base salary range for this role is $80,000 to $95,000.
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.
Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one "anchor day" per week on which their full team will be together in person.
