Alight

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Senior Financial Operations Analyst

Senior Financial Operations Analyst

Requisition ID 
2436688
Job Locations 
US-IL-Lincolnshire
Job Family 
Finance

Responsibilities

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.
 

Responsibility Areas:
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.
Revenue Recognition
  • 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.
 
Financial Resource
  • 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

At Alight Solutions, we are reimaging how people and organizations thrive. To deliver on this purpose, we do things differently. From company leaders to our newest colleagues, we all play a role in bringing our values to life. Every colleague shapes how Alight can become better, stronger and brighter – together. With technology as our catalyst and humanity at our core, we advance each day toward a better future in work and life.

 

About Alight Solutions

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.

 

By applying for a position with Alight, you understand that, should you be made an offer, it will be contingent on your undergoing and successfully completing a background check consistent with Alight’s employment policies. Background checks may include some or all of the following based on the nature of the position: SSN/SIN validation, education verification, employment verification, and criminal check, search against global sanctions and government watch lists, fingerprint verification, credit check, and/or drug test.  You will be notified during the hiring process which checks are required by the position.

 

Alight Solutions 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, genetic information, pregnancy, childbirth or related medical condition, veteran, marital, parental, citizenship, or domestic partner status, or any other status protected by applicable national, federal, state or local law.  Alight Solutions is committed to a diverse workforce and is an affirmative action employer.

 

DISCLAIMER:
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 Alight business units.  

 

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