Finance Manager at Ernst & Young in New Berlin, NY
The opportunity As a Finance Director, you will play a key role in defining the way the growing EYComply managed service business reports financial performance to internal stakeholders. The EYComply business is one of EY's leading and fastest-growing manages services, and delivers regulatory, tax, and financial statement oversight services to top-tier global financial services firms. As such, the need to build a scalable, efficient, and effective finance team to support the financial management of large, complex, multi-year contracts is critical. Join our team and assist our EY managed service executives to define, build, and run an internal finance organization. Your key responsibilities Manage the EYComply Financial Management Office (FMO) Operating Model Assess and refine the overall process model and alignment of reporting from each engagement team into the FMO model. Oversee the various engagement team analysts who prepare weekly financials. Define protocols for the engagement teams and existing EYComply resources for revenue and cost management and reporting. Define protocols and manage the third-party vendor charges and confirm appropriate charges based on contracted pricing Work with EYComply leadership to define the financial statement view of engagements, as well as the CT reporting format to enable the required transparency, consistency, accuracy, and timeliness of budget and actuals. Work with EYComply leadership to maintain policies and procedures for financial management of engagement teams and EYComply consulting resources to ensure capture of Change Orders. Oversee the preparation of the monthly income statement that will be used for management reporting Master the EY and EYComply business economics to enable you to answer any questions from EYComply leadership, as well as be able to take a critical eye to ensure the accuracy of reported data. Maintain the consolidated EYC-level actuals and budgets, and define effective ways for presentation of financials and analysis of contracted-vs-actuals multi-year forecasting For revenue data:
Assess with EYComply leadership and manage an improved invoicing process Assess ability to provide clients with improved invoice analysis Ensure reconciliation of revenue on EYComply financial analysis reflects and reconciles to the scope of services being performed by Operations Monitor receivables and unbilled inventory and work with clients on timely payment of invoices Costs per hour charged to engagement codes:
Ensure engagement teams are managing economics against contracts Ensure FMO reporting reflects accurate rates and rate changes over fiscal years Update forecasts with any revisions that were approved by EYC leadership and ensure ETCs tie to the forecasts Expenses and third-party vendor costs:
Specify reporting format, frequency, and protocols Ensure reporting is timely and accurate, and reflects agreed-upon detail and categorization Ensure we receive IOMs/SOWs between EYComply and other legal entities Ensure codes are accruing the vendor expenses Ensure contracts are arranged in advance for all work efforts and that those contracts contain financial projections that align with the desired outcomes Skills and attributes for success Knowledge of income statement, chart of accounts, and accrual accounting Knowledge of cost accounting principles, financial forecasting, and financial modeling Strong analytical skills and ability to challenge data or process in the event financial data is inconsistent or illogical Ability to understand complex business model Strong data management sills, including Excel and PowerBI tools Knowledge of professional services economic model (rates per hours, costs per hour, fixed allocated costs, variable costs, vendor software cost models (per-seat licenses, metered usage pricing models) Strong verbal skills and ability to communicate financial analysis concepts well. Ability to think in terms of process, and design of process and controls to enable consistent financial analysis Ability to work independently toward a defined objective; ability to work effectively with periodic time constraints To qualify for the role, you must have Minimum 5 years of work experience related to financial management in a corporate controller organization or fund treasurer organization Demonstrated ability to work independently on problem solving, and critical thinking skills Analytical skills, especially those related to income statements and financial forecasting of a growing business unit Strong proven communication skills demonstrated through effective writing and presentations of financial information or business modeling to internal stakeholders; based on critical thinking and problem-solving skills Effective leadership, project management, and organizational skills An interest in working in an environment which encourages continuous learning, development and identification of opportunities for improvement of individual and team performance A bachelor's degree in business, accounting, economics, finance or related discipline CFA or CPA a plus
Salary Range:
$100K -- $150K
Minimum Qualification
AccountingEstimated Salary: $20 to $28 per hour based on qualifications.
Assess with EYComply leadership and manage an improved invoicing process Assess ability to provide clients with improved invoice analysis Ensure reconciliation of revenue on EYComply financial analysis reflects and reconciles to the scope of services being performed by Operations Monitor receivables and unbilled inventory and work with clients on timely payment of invoices Costs per hour charged to engagement codes:
Ensure engagement teams are managing economics against contracts Ensure FMO reporting reflects accurate rates and rate changes over fiscal years Update forecasts with any revisions that were approved by EYC leadership and ensure ETCs tie to the forecasts Expenses and third-party vendor costs:
Specify reporting format, frequency, and protocols Ensure reporting is timely and accurate, and reflects agreed-upon detail and categorization Ensure we receive IOMs/SOWs between EYComply and other legal entities Ensure codes are accruing the vendor expenses Ensure contracts are arranged in advance for all work efforts and that those contracts contain financial projections that align with the desired outcomes Skills and attributes for success Knowledge of income statement, chart of accounts, and accrual accounting Knowledge of cost accounting principles, financial forecasting, and financial modeling Strong analytical skills and ability to challenge data or process in the event financial data is inconsistent or illogical Ability to understand complex business model Strong data management sills, including Excel and PowerBI tools Knowledge of professional services economic model (rates per hours, costs per hour, fixed allocated costs, variable costs, vendor software cost models (per-seat licenses, metered usage pricing models) Strong verbal skills and ability to communicate financial analysis concepts well. Ability to think in terms of process, and design of process and controls to enable consistent financial analysis Ability to work independently toward a defined objective; ability to work effectively with periodic time constraints To qualify for the role, you must have Minimum 5 years of work experience related to financial management in a corporate controller organization or fund treasurer organization Demonstrated ability to work independently on problem solving, and critical thinking skills Analytical skills, especially those related to income statements and financial forecasting of a growing business unit Strong proven communication skills demonstrated through effective writing and presentations of financial information or business modeling to internal stakeholders; based on critical thinking and problem-solving skills Effective leadership, project management, and organizational skills An interest in working in an environment which encourages continuous learning, development and identification of opportunities for improvement of individual and team performance A bachelor's degree in business, accounting, economics, finance or related discipline CFA or CPA a plus
Salary Range:
$100K -- $150K
Minimum Qualification
AccountingEstimated Salary: $20 to $28 per hour based on qualifications.
|
|
 | |
