Alight - Commercial Finance Role

Position Purpose :

Specific Description :

Contract Management

- Must be able to interpret complex contract terms

- Able to unpack deal model and enter deal model data into financial tools and tie deal model info back to signed contracts

- Create calc tools/forecast files based on client contracts

- Maintain SLA Calculations

- Aid in contract renewal discussions

Forecasting and Annual Budgeting

- Responsible for developing & implementing monthly baseline operating plan at the beginning of each year (Detailed Bottoms-up Plan))

- Responsible for executing forecasting process on a monthly basis for revenue and estimated Variable Margins.

- Manage forecasts for Contract Terms (not just individual fiscal years) and meet all quarterly forecast and annual Plan deadlines.

Month End Process

- Manage month end close, working closely with revenue assurance group as needed, tasks include but not limited to :

a. Validate Revenue is submitted accurately

b. Variance Analysis

c. Expense Accruals

d. Topside Entries

e. Project forecast updates for R&Os

Reporting

- Able to use Workday & Adaptive Insight to create and maintain P&L reports for Client/BU Lead review

- Ad hoc P&L reporting as needed

- Present financial data to the Business

- Able to provide detailed, concise analysis on client P&Ls, reporting, and pricing to guide client teams and Client execs on driving improved margins.

- Analyst in this position is highly independent and requires only minimal supervision.

Knowledge Base Required :

- Strong business acumen, e.g. ability to interpret, evaluate and apply financial data/information to business decisions

- Proficiency in financial analysis and financial models

Technical Competencies and Skills Required :

- Strong analytical and problem-solving skills

- Strong communication skills (written and verbal)

- Ability to consult effectively with senior level managers and clients on various financial issues, while

- Detail-oriented, organized and capable of prioritizing workload to complete multiple tasks and meet aggressive deadlines

- Ability to work independently and apply sound judgment

- Ability to work collaboratively and cooperatively as a member of a team

- Strong project management skills including the ability to plan, organize, and control activities, and direct and coordinate people to meet tight deadlines

- Ability to identify and drive process improvements

- Proficient in Microsoft Office, Windows, Excel (Knowledge of VBA and Macros a plus) and PowerPoint

- Experience with financial systems. Workday and Adaptive Insight a big plus

The Role : Alight Solution are now seeking a commercially individual to join the Commercial Finance team. An Experienced financial person, owning departmental or Client Internal P&Ls; responsible for owning all aspects of P&L from budgeting and forecasting to variance analysis and reporting.

Key Responsibilities :

- Ability to read complex contracts and understand the financial terms and schedules

- Budget/Forecast revenue & costs for specified P&L through use of metrics, historical trending reviews, and close working relationships with business partners

- Review P&L, understand all activity and provide driver and account based variance analysis

- Organize and lead monthly financial reviews with business partners and internal financial leadership

- Financial risk & opportunity tracking and reporting

- Supervise creation and correct set up of all necessary financial tools and templates

- Create and update pricing models as needed

- Processing needed journal entries (re-classes & accruals)

- Ad-hoc financial support

Candidate Profile :

Essential Skills :

- Excellent communication & interpersonal skills

- Strong organizational skills to ensure completion of multiple activities within tight reporting deadlines

- Excellent Excel skills are vital given the nature of the responsibilities

- Strong on finance fundamentals

Knowledge and Expertise :

- Must be able to work independently

- Must demonstrate good critical thinking and ability to manage multiple tasks and deadlines

- Must have a basic understanding of GAAP and SOX compliance

- Excellent communication skills, verbal and written; able to clearly articulate thoughts, issues, concerns, risks, opportunities, other

- Must be able to collaborate with/consult senior level business partners

- Ability to work on multifunctional teams across organization

Personal Attributes :

- Organized and proactive, tenacious with an enthusiasm to support the business

- Highly numerate with strong analytical and problem solving skills, plus excellent attention to detail

- Team player

- Ability to work under pressure