Financial Projects Control Specialist

Our client is a leading global consulting firm, helping the world's top businesses, governments and organizations. Looking for a new "Financial Projects Control Specialist" in their Beirut office.

Primary duties and responsibilities

Net Investment and WIP activities:

• Audit and approve clients' invoices, payment requests and adjustment notes submitted by the BOM Home Team.
• Prepare and analyse project summary report; lead the monthly project summary discussions with practice BOMs, propose adequate solutions and take necessary actions for implementation. Consolidate WIP summary and process any resulting WIP actions (WIP provision, final billings).
• Manage the SMEs multiplier process, update related tracker, follow-up with BOMs on status and perform any subsequent WIP actions.
• Work closely with manager in the preparation of all monthly Net Investment and WIP reports (AR Aging, Strategy& NI Dashboard etc.) and attend to the business operations team on reporting related matters.
• Monitor the firms NI days; work closely with the practice BOM to reduce the practice NI days and drive process improvements.
• Flag issues related to long outstanding AR balances, late invoicing and pending contracts, propose solutions to the related teams and take appropriate actions to resolve them.
• Assist in the yearly NIC audit by providing PwC Central Finance team and the auditors with the needed financial data/clarifications on time.
• Attend to auditors financial requests on AR and WIP requirements and clarifications.

Accounts Receivable activities

• Maintain the AR database (contracts, invoices and payment requests) updated with each engagements documentation.
• Prepare Clients Statements of Accounts requested by the engagement teams.
• Act as a focal point for the collection team by providing them with the needed AR data (AR reports, statements of account) and required documents (Contracts, POs, invoices).
• Update the bank guarantees list with the latest project status in terms of billings/collection.

Other activities

• Support in any ad-hoc requests to ME Management (risk assessment, AR provisions analysis etc..).
• Participate in conducting regular analysis to the ME management, showing trends and flagging issues and driving insights.
• Participate in testing new systems, tools, dashboards etc and report to manager the outcome of those testing.
• Proactively participate in driving process improvement and automation projects.
• Maintain the monthly pending contracts tracker and share updates with Financial Projects Control Manager.

Knowledge, skills, and abilities

• University Degree in Accounting or Finance
• 2 to 4 years of relevant experience
• Strong attention to details
• Ability to multitask and work under pressure
• Excellent interpersonal and communication skills
• Ability to work well in a team
• Demonstrate excellent client service orientation
• Strong organizational skills
• Ability to prioritize work
• Excellent follow through
• Good analytical capabilities
• Demonstrate capabilities to execute against tasks without specific direction
• Proficiency in Microsoft Office (Word, Excel, Power point) - in particular must have a good excel