Accounts Payable​/Account Manager

Full job description

Position Summary– AVANCEON Group

At AVANCEON Group, the Account Payable / Account Manager, Client Finance is responsible for overseeing the financial management of client projects and supporting the delivery of accurate financial reporting, budgeting, forecasting, and revenue management. The role collaborates closely with project managers and key business stakeholders to ensure strong financial performance, contract compliance, and operational efficiency. Additionally, the position provides leadership, guidance, and mentoring to junior finance team members while driving continuous process improvements and maintaining the highest standards of financial integrity and client service.

Essential functions of the job include but are not limited to:

• Supervise the overall monthly project accounting efforts including preparing and leading the majority of the monthly status meetings with project managers and managing project updates across financial trackers.
• Review & reconcile new contracts & assess related contracts/projects including understanding contract components ofmilestones/tasks and intercompany components & ensuring accuracy ofproject set up.
• Review/Address concerns around project tracking/funds compared toproject budgets. Report and present project financials to projectleads/stakeholders.
• Set up new clients in accounting systems and files including adding and mapping employees to new billable rates, and review of MSA'sfor rebates and discounts.
• Review intercompany revenue/cost transactions & updating shared financial trackers.
• Manage Interco contract execution. Manage cost allocationscompared to overall project budget & facilitate project scopechanges with other finance teams & project leads.
• Manage business unit(s) project revenues and ensure compliance with client contracts including new contract awards updates and pickupof out of period revenue.
• As the primary finance contact for business unit projects,understand and elevate potential issues to ensure proper accounting and revenue recognition in accordance with GAAP.
• Prepare monthly project revenue forecast and comparisons to budget/plan.
• Manage hours and expenses for client projects incurred to trackagainst forecast, assigned roles/rates based on information provided byproject leads including mapping of new roles and rates and otherrevenue/cost adjustments where applicable.
• Manage client invoicing based on contracts (including use ofcorrect invoicing template and contracting entity and correct currency),reconcile issues and follow up with customers on past due invoices.
• Manage unbilled revenue aging and adherence to client invoicing guidelines.
• Review and submit monthly client accruals.
• Consolidate accruals with other Precision entities as applicable.
• Review client business development opportunities in Salesforce andensure accuracy across internal schedules and financial trackers.
• Review project costs compared to contracted amounts as well as other direct costs shared across projects/clients.
• Review set up and tracking of new employees and when applicable subcontractor hours/expenses/bill rates monthly compared to forecast andbudget.
• Manage subcontractor agreements and forecast future subcontractor costs with inputs from project leads as applicable.
• Review & reconcile monthly general ledger account reconciliations for accuracy and completeness. Collaborate with SG&Ateam where applicable
• Review the coding expense reports, invoices and/or credit card bookings to ensure proper approval to billable projects.
• Identify, allocate & review intercompany transactions
• Assist with ad hoc projects as applicable, including the annual budget preparation. Take the lead on budgeting for specific P&L lineitems as applicable.
• Review & reconcile supporting…