FreshRemote.Work

Associate Manager, Client Finance

Bethesda, MD, USA

***This is 100% remote working East coast hours.***

Associate Manager, Client Finance (Project Accountant)

The Associate Manager, Client Finance will review & manage the overall financial management for our client portfolio, reporting, general day-to-day activities, and related month end close duties.

Essential functions of the job include but are not limited to:

  • Supervise the overall monthly project accounting efforts including preparing and leading the majority of the monthly status meetings with project managers and managing project updates across financial trackers.
  • Review & reconcile new contracts & assess related contracts/projects including understanding contract components of milestones/tasks and intercompany components & ensuring accuracy of project set up.
  • Review/Address concerns around project tracking/funds compared to project budgets. Report and present project financials to project leads/stakeholders.
  • 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.
  • Manage Interco contract execution. Manage cost allocations compared to overall project budget & facilitate project scope changes with other finance teams & project leads.
  • Manage business unit(s) project revenues and ensure compliance with client contracts including new contract awards updates and pickup of out of period revenue. As the primary finance contact for business unit projects, understand and elevate potential issues to ensure proper accounting and revenue recognition in accordance with GAAP.
  • Prepare monthly project revenue forecast and comparisons to budget/plan.
  • Manage hours and expenses for client projects incurred to track against forecast, assigned roles/rates based on information provided by project leads including mapping of new roles and rates and other revenue/cost adjustments where applicable.
  • Manage client invoicing based on contracts (including use of correct invoicing template and contracting entity and correct currency), reconcile issues and follow up with customers on past due invoices. Manage unbilled revenue aging and adherence to client invoicing guidelines.
  • Review and submit monthly client accruals. 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.
  • Review set up and tracking of new employees and when applicable subcontractor hours/expenses/bill rates monthly compared to forecast and budget. Manage subcontractor agreements and forecast …
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