Oliver Wyman - Finance Coordinator

Job Overview

The Finance Coordinator will provide comprehensive financial support to the Health, Life, and P&C practices to fully support their flash, invoicing, and financial reporting and analysis functions. This role requires strong organizational skills, attention to detail, and the ability to handle multiple tasks simultaneously. The Finance Coordinator will work closely with regional leaders and other stakeholders to ensure accurate and timely completion of financial activities.

Key Responsibilities

• Manage monthly flash process for designated P&Ls
• Work with project managers each month to determine and record flash entries (current invoice, future invoice, bill ahead applied) by project and provide details of recognized revenue by project and in the aggregate
• Track WIP and foster timely invoicing of clients by project managers
• Create and send invoices on a monthly basis within designated timeframes
• Maintain compliance with internal policies and maintain proper documentation for all invoices (e.g., provide draft copies, obtain peer review)
• Track invoices and follow up on past due amounts to foster timely collections
• Provide monthly reports to stakeholders detailing key business metrics (utilization, realization, project profitability)
• Provide other ad-hoc reports to stakeholders, as requested
• Perform monthly analysis of key metrics and drivers
• Monitor monthly and year-to-date results against budgets; identify areas where results appear to be trending outside of acceptable levels
• Investigate and highlight utilization and profitability trends/issues
• Validate data feeds to OW Data & Analytics, as necessary
• Create Excel reports to aid in the financial management of the practice
• Manage payment requests, refunds, unapplied funds, and write-off requests
• Research and develop current procedures, establish best practices, and streamline existing processes

Experience Required

• BA or BS degree in Finance, Accounting, or equivalent experience
• Experience with the Flash process and invoicing
• 1-2 years’ experience in a financial or highly analytical role, performing P&L reporting, forecasting and budgeting
• Comfort working with and manipulating large amounts of data, creating reports and performing data analysis, including validating data feeds and generating financial management reports. Ability to learn Macros is preferable
• Intermediate to advanced proficiency with Microsoft Suite (Outlook, Word, Excel, PowerPoint)
• Experience with Tableau or other BI tools, Salesforce, SmartView a plus

Skills & Attributes

• Strong financial and analytical skills
• Proven experience in a role requiring a high degree of organizational skill and attention to detail
• Excellent written and verbal communication skills
• Ability to be productive, adaptive, and manage multiple project priorities in a complex, performance-driven environment
• Skill in building relationships with stakeholders, understanding their needs, and providing ad-hoc reports or information as requested
• Ability to work effectively autonomously and in a team environment
• Coachable with a strong desire to learn and grow

Compensation & Benefits

The applicable base salary range for this role is $80,000 to $95,000. The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

We offer a competitive total rewards package including health and welfare benefits, tuition assistance, 401K savings and other retirement programs, and employee assistance programs.

About Oliver Wyman & Marsh

Oliver Wyman is a business of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit oliverwyman.com, or follow us on LinkedIn and X.

The Actuarial Practice of Oliver Wyman, a Marsh business, advises clients across a broad spectrum of risk management issues. We are a rapidly growing group with offices expanding across the globe. Our actuaries hold the highest professional qualifications and are nationally recognized as experts in their field. We use mathematical and statistical modeling skills and our qualitative assessment methodologies to assist clients in evaluating and addressing risk. Our solutions help clients manage and prepare for the potential financial consequences of uncertain future events. We bring a combination of broad-based expertise with specialized knowledge of specific risks, allowing us to provide independent, objective advice in the three primary areas of risk: healthcare, life and annuity, and property and casualty.

Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting reasonableaccommodations@marsh.com.

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.