Aon Corporation Senior Finance Operation Analyst in Lincolnshire, Illinois
Alight Solutions (Formerly Aon Hewitt) is Looking For A Senior Financial Operations Analyst
The Senior Financial Operations Analyst is responsible for the day to day administration and quality of aligned client team financial forecasting, revenue recognition, fee submissions and invoicing. This role will manage Order to Cash related metrics for the clients they support and will work to minimize the financial impact of outstanding WIP, AR and write-downs. The Senior Financial Operations Analyst is charged with working directly with Client Financial Analysts (CFAs) and client team managers to ensure accurate financial administration while adhering to established financial policies. A focus of this role is to manage client level revenue and expense forecasting as well as prepare financial reporting for their aligned business partners (BDMs, BGMs or product leaders). The person in this role will be responsible for following established policies, processes and procedures and applying specific knowledge and experience to gather, conduct complex analysis and communicate client information and financial results. The role also will work closely with Account Executives (AEs), Finance, BGMs, and other Benefits resources. This role typically reports to a Finance Manager in the aligned Business or Product Group.
Client Financial Management
Serves as a point of coordination for all financial aspects related to the clients in the aligned Business Group
Functions as primary point of entry to aligned client teams for revenue and cost budgeting and forecasting which includes creating, maintaining, and reporting from client level revenue tracking tools for an assigned portfolio of clients.
Utilizes financial systems and tracking tools to report variances
Understands client agreements for assigned clients and applies understanding to revenue processes.
Ensures proper time entry of business resources aligned to client team projects.
Ensures that client teams obtain sufficient evidence, appropriately track time against budget and review own calculations for fee submissions
Reviews for accuracy and provides signoff on fee submissions prepared by the CFA, including a quality review of the CP compare
Partners with the CFA to proactively resolve issues that could impact revenue recognition (e.g. expired evidence, held revenue, etc.)
Manages and completes the financial component of the annual or quarterly billing attestations
Invoice Preparation Review
Reviews invoices prepared by the CFA for accuracy and ensures appropriate explanations of line items
Works to ensure invoices are provided to clients as timely as possible
As appropriate, functions as a point of contact for the client on questions about invoices.
Serves as a resource for any questions or concerns related to financial policies, processes and procedures to their aligned client teams.
Prepares internal financial reporting for reviews with the business and client team leadership for aligned clients.
Supports and drives standardization of reporting and processes within the role and the business they support.
Leads implementation of new processes and procedures.
Leads or participates on special project teams and responds to ad-hoc reporting and analysis requests.
Cash Flow Management
Monitor WIP/AR monthly to meet Cash Flow goals
Resolve invoice issues (i.e. credit/re-bill, provide support for client requests, etc.)
Work with Account Executive, AR Specialists and OTC as needed
Ad hoc requests
Education: Bachelor’s degree in Accounting or Finance preferred
We offer you:
A competitive total rewards package, continuing education & training, and tremendous potential with a growing worldwide organization.
Our Colleague Experience:
From helping clients gain access to capital after natural disasters, to creating access to health care and retirement for millions, Aon colleagues empower results for our clients, communities, and each other every day. They make a difference, work with the best, own their potential, and value one another. This is the Aon Colleague Experience, defining what it means to work at Aon and realizing our vision of empowering human and economic possibility. To learn more visit Aon Colleague Experience.
About Alight Solutions:
Introducing Alight Solutions: Leading benefits administration and cloud-based HR services provider.
As the leading provider of benefits administration and cloud-based HR and financial solutions, we enhance work and life through our service, technology and data. Our 22,000 colleagues across 14 global centers deliver an unrivaled consumer experience for our clients and their people. We are Alight. Reimagining how people and organizations thrive.
Alight provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, or domestic partner status. Alight is committed to a diverse workforce and is an affirmative action employer.
Nothing in this job description restricts management's right to assign or reassign duties and responsibilities of this job to other entities; including but limited to subsidiaries, partners, or purchasers of Aon's business units.
gn or reassign duties and responsibilities of this job to other entities; including but limited to subsidiaries, partners, or purchasers of Aon business units.
Job number: 2433799
Category: Accounting & Finance
Location: United States, IL, Lincolnshire