Finance Director

Walbridge
  • Chicago, Illinois
  • Full-time
4 days ago

Job Description

Overview:

The Finance Manager owns accounting, billing, accounts receivable (AR) and financial planning for a portfolio of L5 Mission Critical clients, where service continuity and billing accuracy matter to clients. Deliver an on-time close, accurate invoicing and strong cash collection. You also act as the finance partner to operations and account leaders, advising and challenging them on contract and portfolio performance.

Responsibilities:

Financial reporting and close

Manage the monthly close, including accruals, journal entries, reconciliations, and financial statement packages.

Review financial reports for accuracy and completeness before release to management and clients.

Prepare profit and loss statements, balance sheet reviews, and project profitability reports with clear analysis and commentary.

Answer questions from management, clients and auditors on accounting, treatment and reporting.

Billing and accounts receivable

Oversee the billing cycle so invoices are accurate, follow contract terms, and go out on schedule.

Monitor receivables and aging, drive collections, and escalate past-due balances and disputes.

Track days sales outstanding (DSO) and develop recovery plans for accounts that fall behind.

Approve credit memos, write-offs and reserves within delegated authority.

Ensure revenue recognition and billing align with contract terms.

Resolve billing queries promptly and address root causes to prevent repeat issues.

Controls and compliance

Ensure account reconciliations are completed, reviewed, and signed off on time.

Maintain internal controls, comply with U.S. GAAP, and support internal and external audits.

Keep procedures and documentation current and contribute to accounting policy development.

Budgeting and forecasting

Lead the budget, forecast, and planning process for the portfolio.

Develop cash flow plans that reflect billing timing and expected collections.

Explain variances between plan, forecast and actual results, and flag contracts or areas trending off track.

Prepare regular and ad hoc analyses for senior management, including scenario planning to support contract and client decisions.

Business partnership

Act as a trusted finance partner to operations leaders, account leaders and project managers, offering advice and constructive challenges.

Understand contract terms to confirm that all costs are billed and recorded correctly.

Participate in regular contract and business reviews, with a focus on underperforming contracts.

Identify opportunities to improve margin, savings and cash flow, and help implement them.

Work with accounting, financial planning and analysis (FP&A) and audit teams to meet information requests.

Qualifications:

Bachelor’s degree preferred (accounting, finance or a related field), with 8-10 years of relevant experience.

Ability to guide the exchange of sensitive, complicated and difficult information, convey performance expectations and handle problems.

EEO/AA Employer M/F/D/V:

L5 Mission Critical is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy), sexual orientation, gender identity or expression, national origin, age, disability, genetic information, veteran status, or any other characteristic protected by federal, state or local law.

 

Numbers & Facts

LocationChicago, Illinois
Job TypeFull-time

Skills

  • Accountingunmatched
  • Accounting Closeunmatched
  • Accounting Policiesunmatched
  • Accounts Receivableunmatched
  • Analysis Skillsunmatched
  • Balance Sheetunmatched
  • Billingunmatched
  • Budgetingunmatched
  • Cash Flowunmatched
  • Contract Reviewunmatched
  • Credit and Collectionsunmatched
  • Documentationunmatched
  • External Auditunmatched
  • Financeunmatched
  • Financial Analysisunmatched
  • Financial Auditunmatched
  • Financial Managementunmatched
  • Financial Operationsunmatched
  • Financial Planningunmatched
  • Financial Planning and Analysis (FP&A)unmatched
  • Financial Reportingunmatched
  • Financial Statementsunmatched
  • Forecastingunmatched
  • Generally Accepted Accounting Principles (GAAP)unmatched
  • Internal Auditunmatched
  • Journal Entriesunmatched
  • Policy Developmentunmatched
  • Profit & Lossunmatched
  • Profit & Loss Statementsunmatched
  • Project/Program Managementunmatched
  • Reconciliationunmatched
  • Release Management/Engineeringunmatched
  • Revenue Recognitionunmatched
  • Salesunmatched
  • Time Managementunmatched

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