Project Financial Specialist, Wealth Solutions - Toronto, Canada - Aon Corporation

Aon Corporation

Verified Company

Toronto, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Posting Description:
This is a hybrid role with the flexibility to work both virtually and from our Toronto office.

Applicants must be legally authorized to work in Canada. This role is not eligible for sponsorship, and we are unable to sponsor or take over the sponsorship of an employment visa or work permit._

Aon is in the business of better decisions:
At Aon, we shape decisions for the better to protect and enrich the lives of people around the world.

As an organization, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed.

What the day will look like:

Contract/Project Set Up and Maintenance:

Review client agreements to ensure internal/external audit requirements are met and key financial terms are included;
Working with the legacy system Workday to set up projects and contracts with a focus on accurate and timely revenue recognition
Monitor contract/project end dates to forecast and reduce the impact on revenue flow;
Follow up on expiring contracts three months in advance with the project manager to get new client evidence in place before expiry;
Monitor autorenewing contracts to ensure planned fee increases are implemented (assist with needed documentation of increases); and
Coordinate set up for contracts with multipractice involvement (ensure compliance with thresholds for separate project/contract line set up).

Revenue Recognition and Reconciliation:

Submit volume revenue on behalf of the consultants, before monthend, to ensure complete recognition before books close;
Monitor and report revenue variances based on established thresholds to the financial planning and analysis (FP&A) team; and any revenue recognition placed on hold because of unsigned client contracts to the consultants

Invoice Management:

Monthly meetings with consultants to determine client invoicing requirements; review monthly invoices for consultants and finalize approvals in the system
Prepare/update any clientspecific invoice attachments;
Assist the Account Executive in research of forwarded/advanced amounts for quarterly validation;
Contribute to reaching the Canadian invoicing targets by ensuring invoices are sent out by month's end and meeting any special client requirements.

Accounts Receivable Management:

Monitor client Accounts Receivables (AR) and complete any ad hoc requests for the Account Executive; answer client queries on AR balances;

How this opportunity is different:

Your role as a Wealth Financial Specialist will help the business recognize our results.

You are joining a team of client-focussed colleagues who strive to deliver the highest level of output keeping in mind internal control compliance and business management.

The dedicated team is united as an inclusive, diverse team and passionate about making each other successful.

Skills and experience that will lead to success:

1-3 years of experience in project administration, contract management, invoicing/accounts receivables; working for a public company and/or service or consulting industry is preferred;
Strong MS Office knowledge; intermediate to advanced Excel skills (i.e. lookups, and pivot tables);
Experience working in a SOX environment is a plus; working knowledge and familiarity with accounting software systems (Workday; SAP, Oracle), Workday preferred;
Strong written and oral communication skills;
Proven analytical capabilities and problemsolving skills; organizational skills and strong attention to detail;
Experience in running multiple priorities, and projects simultaneously, and an ability to meet timelines;
Selfmotivated individual and directed with the ability to exercise independent judgment;
Cando approach, proactive and dynamic individual who thrives in a fastpaced team environment and is readily adaptable to changing organizational requirements and willing to own responsibilities and take initiative;
Excellent interpersonal skills, ability to partner and collaborate as a team member with global colleagues, within various finance fields.
Bachelor's degree, or equivalent experience, in Finance, Accounting, or a related field
Aspiration to professional development including the PMP, CPA

How we support our colleagues
In addition to our comprehensive benefits package, we encourage a diverse workforce.

Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon.

Furthermore, all colleagues enjoy two "Global Wellbeing Days" each year, encouraging you to take time to focus on yourself.

We offer a variety of working style solutions, but we also recognise that flexibility goes beyond just the place of work..

and we are all for it. We call this Smart Working

Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential.