LAB Senior Project Accountant – Maternity Cover @ BCG

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The project accountant role is part of the L-A-B (London, Amsterdam and Brussels) Commercial Finance team. The role will be both an integral member of the local finance team and the wider system finance function. The role reports to the L-A-B Commercial Finance Manager.

What You'll Do

The role will be responsible for supporting the systems’ financial operations focusing on client case management, liaising extensively with MDPs and their case teams in all aspects including billings, collections, absorptions and adjustments, and acting as a business partner on commercial topics.

Main duties will involve

Project Management and Reporting

• Manage complex projects, including those with value-based pricing models, independently and with minimal oversight
• Weekly analysis and reporting balances on all projects, taking appropriate action on those balances where the variance of actual vs. budget requires it
• Work closely with the case team leadership on the financial management of the case, raising invoices and processing adjustments as needed
• Proactively review project forecasts, identifying and mitigating potential issues ahead of time
• Review client contracts and budgets to assess if pricing guidelines are met and identify business risk
• Project Maintenance and code set up ensuring minimum standard requirements are met
• Act as a sparring partner to MDPs on client performance and commercial topics
• Processing of WIP through the absorptions process
• Support preparation and submission of Management Information Returns in line with contractual agreements
• Support review process of L-A-B projects to ensure compliance with tax legislation
• Support RFP and Client onboarding processes
• Use AI tools to support and improve the efficiency of your work, in line with BCG guidelines

Accounts Receivable

• Proactive management of DSO position to drive best practice in billing and collections from case teams and clients
• Contacting clients directly to follow up on payment of outstanding invoices / purchase orders
• Regular monitoring of aged balances, acting as needed to progress collection of outstanding invoices

Client Contracting

• Critical review of contracts received, highlighting any risks or deviations from minimum standards to the case team and Commercial Finance Managers/Directors
• Acting as collector of client contracts, ensuring documents are stored in the Client Contract Management system to minimum standards
• Reporting and flagging for approval any special circumstances that deviate from the BCG Standard Terms and Conditions

Management Reporting

• Case forecasting and profitability analysis
• Monitoring of potential risks and overruns
• Other reporting as requested relating to case management / revenue

Audit and Process Improvement

• Lead initiatives that drive process improvement and change within Commercial Finance
• Provide critical support to the Audit process, including support for external auditors

Employee File Maintenance / Hours & Expense / Timesheets

• Support the processes needed for the maintenance of Employee records in the Finance system
• Input of corrections to employees’ hours and expenses as required
• Timesheet submissions

Other ad hoc duties and projects as directed

This list of responsibilities should not be construed to imply that these duties, responsibilities and requirements are the sole standards for this position. Upon their manager’s request, incumbents may be required to perform other related duties.

You’re good at

• Working effectively under narrow time limitations or producing accurate results
• You are a self-starter and utilise good judgement in dealing with workflow and uncertain situations; recognise limitations and when to surface issues to L-A-B Commercial Finance Managers/Directors
• You handle situations with poise and have the patience to work with multiple systems to get appropriate data
• You are confident using AI tools in your day-to-day work
• You can identify issues and lead improvements to current processes
• You have excellent social and communication skills and more specifically you can communicate well with all levels of staff, display strong customer service oriented behaviour and can work with interruptions independent but also as a cooperative team player
• You are perfectly able to set priorities
• You are well-organised and have an eye for detail
• You respect all BCG information as confidential
• You work within team norms, processes and guidelines

What You'll Bring

• Minimum 2 years of experience in Finance, preferably in a professional services company
• Knowledge of principles, procedures, and practices of general accounting
• Part qualified accountant in early stages of qualification (CIMA, ACCA, ACA)
• Excellent written and spoken English language skills
• Experience of working with financial systems and reporting tools
• Proven aptitude for learning systems, tools and technology
• Proficient with MS office
• Experience of working within a team environment
• Experience of working under pressure and in a busy environment

Please note this position is not restricted solely to the responsibilities listed above and that the job scope and responsibilities are subject to change

Who You'll Work With

You will work with multiple stakeholders, both from consulting teams and from business support teams, from your system and from regional/global level.

These stakeholders will include

• Finance teams in L-A-B (London, Amsterdam, and Brussels), among other countries
• MDPs, Partners, Principals, Project Leaders, other consultants, and other support staff
• Clients (regarding invoices, supplier set-up, other queries)

Additional info

At BCG, our people and relationships are at the heart of everything we do. We believe that in-person collaboration plays an important role in our culture, mentorship, and professional development.

This is a 12+months temporary role supporting the LAB Commercial Finance Team during a period of team absence and reintegration.

For this role, you will be expected to work from the BCG London office two days per week, on the designated team days (currently Tue and Wed). However, this can flex depending on business needs and in line with local policies and practices.

We aim to provide a dynamic and collaborative environment that fosters connection and teamwork.

Boston Consulting Group is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity / expression, national origin, disability, protected veteran status, or any other characteristic protected under national, provincial, or local law, where applicable, and those with criminal histories will be considered in a manner consistent with applicable state and local laws.

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