Commercial Finance Coordinator - London, United Kingdom - Boston Consulting Group

Tom O´Connor

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Description

WHAT YOU'LL DO:

The role of Finance Coordinator is part of the L-A-B (London, Amsterdam and Brussels) Commercial Finance team. The role will be both an integral member of the local finance team and wider system finance function. The role reports to L-A-B Commercial Finance Manager.


Main duties will involve:

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Monitoring the team mailbox

  • Respond to requests for allocated tasks
-
Responsibility for the weekly timesheet process:

  • Weekly follow up with all staff on submissions to ensure deadlines are met
  • Reporting to Commercial Finance Director on monthly position and escalations required
  • Act as the main point of contact for general timesheet queries
-
Employee Maintenance Process

  • Responsible for ensuring all staff finance records are accurate
  • Working with the HR teams to ensure timely flow of information
  • Act as the point of contact for employee maintenance queries
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Time and expense adjustments including weekly review of timesheet submissions with the Staffing team and preparation of the weekly reporting required:


  • Staffing Investments process
  • Weekly review of all staffing investment requests ensuring correct input to the system
  • Working with the Staffing team to ensure accurate data
-
AR Management

  • Contacting clients directly/senior stakeholders in the business to follow up on payment of outstanding invoices
  • Regular monitoring of aged balances, taking action as needed to progress collection of outstanding invoices
  • Monitoring of client cash receipts and ensuring timely input of in the system of receipts received
  • Follow up with Project Accountants and Case Teams to resolve issues on outstanding Accounts Receivable items
  • Weekly chasing of outstanding Accounts Receivable items liaising with client contacts an BCG senior staff
-
Client Contracting: uploading contracts received into the contract management system

  • Assisting the Project Accountants with contract compliance, invoicing, processing of WIP through the absorptions process and other tasks as required
  • Provide absence cover for the team

Other ad hoc duties and projects as directed:

This list of responsibilities should not be construed to imply that these duties, responsibilities, and requirements are the sole standards for this position.

Upon their manager's request, incumbents may be required to perform other related duties.


YOU'RE GOOD AT:


  • Working effectively under narrow time limitations or produce accurate results.
  • You are a selfstarter and utilize good judgment in dealing with workflow and uncertain situations; recognize limitations and when to surface issues to L-AB Commercial Finance Manager
  • You handle situations with poise and have the patience to work with multiple systems in order to get appropriate data.
  • You have the ability to identify issues and make constant improvements to current processes.
  • You have excellent social and communication skills and more specific you have the ability to communicate well with all levels of staff, display strong customer serviceoriented behavior and can work with interruptions independent but also as a cooperative team player.
  • You are perfectly able to set priorities.
  • You are wellorganized and have an eye for detail.
  • You respect all BCG information as confidential.

YOU BRING (EXPERIENCE & QUALIFICATIONS):

Minimum 1 year of experience in Finance operations, preferably in a professional services company

  • Strong A' Level results or studying for an accounting qualification (AAT/CIMA/ACCA preference)
  • Excellent written and spoken English language skills ability to explain and listen
  • Experience working with financial systems and reporting tools
  • Knowledge of principles, procedures, and practices of general accounting
  • Proven aptitude for learning systems, tools and technology
  • Proficient with MS office
  • Experience of working within a team environment
  • Experience of working under pressure and in a busy environment

YOU'LL WORK WITH:

You will work with multiple stakeholders, both from consulting teams and from business support teams, from your system and from regional/global level


These stakeholders will include:

  • Finance teams in L-AB (London, Amsterdam, and Brussels), among other countries
  • MDPs, Partners, Principals, Project Leaders, other consulting, and other support staff
  • Clients (regarding invoices, supplier setup, other queries)

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