Oliver Wyman Actuarial - Financial Coordinator
Oliver Wyman Actuarial - Financial Coordinator
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$ 65000 - 95000
1 Vacancy
Job Description
Company:
Oliver WymanDescription:
About Oliver Wyman
Oliver Wyman is a global leader in management consulting. With offices in 70 cities across 30 countries Oliver Wyman combines deep industry knowledge with specialized expertise in strategy operations risk management and organization transformation. Over 7000 professionals help clients optimize their business improve their operations and risk profile and accelerate their organizational performance to seize the most attractive opportunities. Oliver Wymans thought leadership is evident in our agendasetting books white papers research reports and articles in the business press. Our clients are the CEOs and executive teams of the top Global 1000 companies.
The Actuarial Practice of Oliver Wyman is an operating division of the Oliver Wyman Group a member of the Marsh & McLennan Companies (MMC) the foremost employer of actuaries in the world. Oliver Wyman was recognized by Fortune as one of the 100 Best Companies to work for in 2019.
Visit our website for more details about Oliver Wyman:
Job Overview:
The Financial 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 Financial Coordinator will work closely with the regional leaders and other stakeholders to ensure accurate and timely completion of financial activities.
This is a hybrid role that requires 3 days per week in the office. There is no option to be fully remote.
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
Ensure accurate expense transfers between sending and receiving offices
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 adhoc 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 writeoff requests
Research and develop current procedures establish best practices and streamline existing processes
Technical Skills and Desired Experience:
Bachelors degree in Finance Accounting or equivalent experience
Experience with the Flash process and invoicing
12 years experience in a financial or highly analytical role 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 performancedriven environment
Skill in building relationships with stakeholders understanding their needs and providing adhoc 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 $65000 to $95000.
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 casebycase basis. In addition to the base salary this position may be eligible for performancebased 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.
Oliver Wyman a business of Marsh McLennan (NYSE: MMC) is a management consulting firm combining deep industry knowledge with specialized expertise to help clients optimize their business improve operations and accelerate performance. Marsh McLennan is a global leader in risk strategy and people advising clients in 130 countries across four businesses: Marsh Guy Carpenter Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90000 colleagues Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information visit or follow on LinkedIn and X.The Actuarial Practice of Oliver Wyman advises clients across a broad spectrum of risk management issues. We are a rapidly growing group with offices expanding across the globe. Our actuaries hold the highest professional qualifications and are nationally recognized as experts in their field(s). We use mathematical and statistical modeling skills and our qualitative assessment methodologies to assist clients in evaluating and addressing risk. Our solutions help clients manage and prepare for the potential financial consequences of uncertain future events. We bring a combination of broadbased expertise with specialized knowledge of specific risks allowing us to provide independent objective advice in the three primary areas of risk: healthcare life and annuity and property and casualty.Marsh McLennan is committed to embracing a diverse inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background disability ethnic origin family duties gender orientation or expression marital status nationality parental status personal or social status political affiliation race religion and beliefs sex/gender sexual orientation or expression skin color veteran status (including protected veterans) or any other characteristic protected by applicable law. If you have a need that requires accommodation please let us know by contacting Marsh McLennan 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 McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Officebased teams will identify at least one anchor day per week on which their full team will be together in person.Required Experience:
IC
Employment Type
Full-Time
