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Financial Specialist – Pension Administration (Maternity Leave contract)


This is a Contract position in Toronto, ON posted November 24, 2021.

Aon is looking for a Financial Specialist – Pension Administration (Maternity Leave contract) As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions supporting the Aon Retirement Consulting Practice, in Toronto, Ontario. Job Responsibilities Contract/Project Set Up and Maintenance Review client agreements before they go to the client to ensure internal/external audit requirements are met and key financial terms are included; Working with the legacy system Workday to set up projects and contracts with a focus on accurate and timely revenue recognition Monitor contract/project end dates to forecast and reduce impact on revenue flow; Follow up on expiring contracts three months in advance with project manager to get new client evidence in place before expiry; Monitor auto-renewing contracts to ensure planned fee increases are implemented (assist with needed documentation of increases); and Coordinate set up for contracts with multi-practice involvement (ensure compliance with thresholds for separate project/contract line set up). Revenue Recognition and Reconciliation Apply the revenue recognition criteria to reconcile if revenue should be recognized and how much at various month/quarter ends based on the client evidence available and qualitative information from the consultants; Submit volume revenue prior to month end deadlines on behalf of the consultants to ensure full and complete recognition before books close; Monitor and report revenue variances based on established thresholds to the financial planning and analysis (FP&A) team; and Monitor and report to the consultants any revenue recognition placed on hold because of unsigned client contracts. Invoice Management Meet with consultants to determine client invoicing requirements on a monthly basis; Prepare/update any client specific invoice attachments; Assist Account Executive in research of forwarded/advanced amounts for quarterly validation; Review monthly invoices for consultants and approve in the system on behalf of the consultants Contribute to reaching the Canadian invoicing targets by working with consultants to ensure invoices are sent out by month end while ensuring any special client requirements are met. Accounts Receivable Management Monitor client Accounts Receivables (AR) and complete any ad hoc requests for the Account Executive; answer client queries on AR balances; Assist AR team in application of payments where required; and Work with collectors to ensure appropriate client contact is done in accordance with consultants wishes and client evidence. Required Experience Minimum of 1-3 years of experience in project administration, contract management, invoicing/accounts receivables Previous experience working for a public company and/or service or consulting industry is preferred; Experience working in a SOX environment is a plus; Strong MS Office skills set; Intermediate to Advance Excel skills (i.e. lookups, and pivot tables); Working knowledge and familiarity of accounting software systems (Workday; SAP, Oracle), Workday preferred; Strong written and oral communication skills; Proven analytical capabilities and problem-solving skills; Superior organizational skills, strong attention to details; Must have experience in managing multiple priorities, and projects simultaneously, and an ability to meet deadlines; Self-motivated individual and directed with the ability to exercise independent judgment; Can-do attitude, proactive and dynamic individual who thrives in a fast-paced team environment and is readily adaptable to changing organizational requirements and willing to own responsibilities and take initiative; and Excellent interpersonal skills, ability to partner and collaborate as a team member with colleagues across the globe, within various finance disciplines. Education Bachelor’s degree is required, with preferred emphasis in Finance, Accounting, or related discipline, or equivalent years of industry experience Commitment to professional development including the PMP, CPA Please note that while tihis particular opportunity is a contract to backfill a Maternity Leave, the Aon team is always looking for great talent! There could be future opportunities for our successful candidate both within and outside the Pension Administration team! We offer you A competitive total rewards package, continuing education & training, and tremendous potential with a growing worldwide organization. Our Colleague Experience: From helping clients gain access to capital after natural disasters, to creating access to health care and retirement for millions, Aon colleagues empower results for our clients, communities, and each other every day. They make a difference, work with the best, own their potential, and value one another. This is the Aon Colleague Experience, defining what it means to work at Aon and realizing our vision of empowering human and economic possibility. To learn more visit Aon Colleague Experience. About Aon: Aon plc (NYSE:AON) is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance. By applying for a position with Aon, you understand that, should you be made an offer, it will be contingent on your undergoing and successfully completing a background check consistent with Aon’s employment policies. Background checks may include some or all of the following based on the nature of the position: SSN/SIN validation, education verification, employment verification, and criminal check, search against global sanctions and government watch lists, fingerprint verification, credit check, and/or drug test. You will be notified during the hiring process which checks are required by the position. Aon is committed to a diverse workforce as an Employment Equity employer (Women, People with Disabilities, Aboriginal Peoples, and Visible Minorities). DISCLAIMER: Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time. 2486045