What are the responsibilities and job description for the Client Finance Analyst position at MRM?
Client Finance Analyst
JOB DESCRIPTION
The Client Finance Analyst is the primary day-to-day contact for the financial and operational matters detailed below. Client Finance Analyst acts as the representative of agency finance and interacts regularly with the project management and account teams as well as agencies’ shared service center and clients where appropriate. The Client Finance Analyst is responsible for proactive job cost management and for the successful completion of the tasks below for their assigned clients. The Client Finance Analyst must understand and comply with client contracts as they relate to compensation, billing, compliance, financial reporting and other deliverables.
ROLES
Job Management
Manage all billable and non-billable job opening, closing, and locking as appropriate. Communicate job numbers to team members as needed.
Billing
Coordinate monthly billings with shared service center to ensure billing is completed timely and within client billing timing. Check invoice for accuracy and ensure the integrity of client billing contract requirements.
Administrative
Perform administrative duties involving data entry and effectively managing adhoc requests for assigned accounts.
JOB DUTIES & RESPONSIBILITIES
- Day-to-day financial management of accounts.
o Job maintenance (opening, closing and locking jobs as appropriate).
o Proactively manage all billable and non-billable jobs (including media).
o Work with agency teams in order to collect and enter estimates.
o Follow up on estimate approval status and necessary revisions.
o Manage and report on estimate vs actual for all jobs, taking appropriate action when WIP is at risk.
o Monitor OOP expenses and prepare necessary job-to-job expense transfers.
o Monitor open purchase orders and ensure vendor invoices are received timely.
o Continually manage WIP exposure.
o Monitor labor hours against correct jobs and prepare transfers as appropriate.
o Effectively communicate job numbers to teams as appropriate.
o Communicate areas of concern and follow up until resolved.
o Schedule and lead monthly billing/job status meetings.
o Coordinate monthly billings with shared service center – ensure billing is completed timely and within client billing deadlines, check invoices for accuracy and ensure the integrity of client billing contract requirements.
o Monitor AR collection - pursue timely collection with continuous client follow up and escalate collections issues as necessary.
o Prepare and analyze monthly Accounts Receivable (AR) and Work in Process (WIP) reports.
EDUCATION
DEGREE/DIPLOMA: Bachelors
AREA OF STUDY: Accounting/Finance
EXPERIENCE
MIN EXPERIENCE: 2-4 year(s)
AREA OF EXPERIENCE: Accounting/Finance
KNOWLEDGE & SKILLS
Microsoft Excel
Proficient in advanced functions and formulas to perform VLOOKUP, pivot tables, charts, graphs and data capture
SAP (Accounting System)
At MRM, Relationship is our middle name.
We employ the most innovative talent in the industry to drive digital transformation for our clients’ businesses and provide creative solutions to help brands grow meaningful relationships with people.
MRM is a leading customer relationship agency that leverages the power of creativity, the beauty of data, and the magic of technology to help brands grow meaningful relationships with people.
Do you excel when working in a team? Are you fascinated by the endless possibilities that technology brings to marketing? Are you ready to transform our world?
If so, you will thrive in our culture based on the Important Things We Believe (I.T.W.B.s)
- Ideas power everything
- We’re Better Together
- We’ll figure it out
- Complexity can be managed
- It only counts if we deliver
- Technology is magic
MRM is a leader in Gartner Inc.'s annual "Magic Quadrant for Global Digital Marketing Agencies" report. Gartner Magic Quadrants are based on an exacting methodology where agencies stand out for their strategic services, including business strategy and digital business transformation skills. MRM is noted for its global vision and strategy, and its use of tools and analytics enabling clients to deliver a measurable business impact as the result of those strategies.
We love our diverse workplace! MRM is an equal opportunity employer and does not discriminate on the basis of race, color, gender, religion, age, sexual orientation, national or ethnic origin, disability, marital status, veteran status or any other occupationally irrelevant criteria.
Required Skills
Required Experience
