Job Description

Jornaya is seeking a detail-oriented and hands-on Finance and Contracts Manager to join our finance & operations team.  The Finance and Contracts Manager will serve in a player/coach role, leading a small team while also having individual responsibilities in support of the business.  This position will embrace the Jornaya culture in assessing new opportunities and developing innovative processes to perform the finance, accounting, and contracts responsibilities in a manner that drives operational efficiency and effectiveness.   

The Finance and Contracts Manager will be accountable for administrative and financial operations including Accounts Payable, Customer Billings and Accounts Receivable and monthly accrual analysis.  Other areas of focus include Financial Planning & Modeling, Contract Management and Corporate Accounting. This role will work in a matrix reporting structure, having responsibility to the Jornaya Business Unit as well as responsibility to Verisk Corporate Accounting. The ideal candidate will have experience working with key stakeholders across the organization, including People Operations, Sales, Marketing and Customer Success. 

This key individual performs overviews of the accounting, financial, and contracts operations of the business in order to help it run efficiently and effectively. 

ABOUT THE DAY TO DAY RESPONSIBILITIES OF THE ROLE

FINANCIAL PLANNING & ANALYSIS: 

• Prepare monthly and quarterly management reporting and ad-hoc reports as needed 
• Complete the monthly P&L review process that includes quantitative and qualitative explanations of variances to plan, forecast, YOY and sequentially. In addition, provide insight on current and expected trends along with identifying key areas of risk and opportunities 
• Participate in strategic data analysis, research, and modeling for senior company leadership 
• Work with members of Jornaya’s revenue organization to assist in the accurate and timely calculation of monthly sales commissions and provide financial modeling support in the development of compensation plans, as needed 
• Develop and maintain short- and long-term business and financial models to support forecasting, budgeting and other decision-making processes

ACCOUNTING (AP/AR, P&L): 

• Support the Verisk Corporate Accounting monthly, quarterly and year-end closing process as needed 
• Routinely analyze and reconcile general ledger accounts to financial statement reporting 
• Maintain files and documentation thoroughly and accurately, in accordance with Verisk company policy and Generally Accepted Accounting Principles 
• Review all invoices for appropriate documentation and approval prior to recording and payment processing 
• Code invoices for proper documentation and recording in Verisk A/P System (Basware) 
• Enter approved purchase requisitions into the PeopleSoft Requisition System. 
• Correspond with vendors on a routine basis and resolve/respond to issues and inquiries 
• Verify customer unique contractual agreements and prepare/send customer invoices to optimize the sales order to cash cycle 
• Post daily cash receipts 
• Prepare and post month end Sales and Accounts Receivable journal entries  
• Maintain all aspects of the account receivable sub-ledgers and reconcile to the general ledger on a monthly basis

CONTRACTS: 

• Coordinate the negotiation process in coordination with Jornaya and Verisk stakeholders 
• Analyze and mitigate risk based on company policies and procedures 
• Field and complete due diligence requests for prospects/customers, including coordination of other departments for assistance in certain areas and overall compilation of the required package to ensure timely completion.  
• Ensure that all vendor contract information is updated and current and in support of required internal processes, including invoicing, budgeting and renewal process negotiation/tracking. 
• Perform vendor closing activities as needed and maintain detailed and organized files 
• Maintain an audit file for each contract which will include original contract, all correspondence, changes/deviations, amendments, clarifications

AUDIT AND INTERNAL CONTROL OPERATIONS: 

• Support the Verisk Corporate Accounting monthly, quarterly and year-end closing process as needed 
• Routinely analyze and reconcile general ledger accounts to financial statement reporting 
• Maintain files and documentation thoroughly and accurately, in accordance with Verisk company policy and Generally Accepted Accounting Principles 
• Review all invoices for appropriate documentation and approval prior to recording and payment processing 
• Code invoices for proper documentation and recording in Verisk A/P System (Basware) 
• Enter approved purchase requisitions into the PeopleSoft Requisition System. 
• Correspond with vendors on a routine basis and resolve/respond to issues and inquiries 
• Verify customer unique contractual agreements and prepare/send customer invoices to optimize the sales order to cash cycle 
• Post daily cash receipts 
• Prepare and post month end Sales and Accounts Receivable journal entries  
• Maintain all aspects of the account receivable sub-ledgers and reconcile to the general ledger on a monthly basis 
• Coordinate the negotiation process in coordination with Jornaya and Verisk stakeholders 
• Analyze and mitigate risk based on company policies and procedures 
• Field and complete due diligence requests for prospects/customers, including coordination of other departments for assistance in certain areas and overall compilation of the required package to ensure timely completion.  
• Ensure that all vendor contract information is updated and current and in support of required internal processes, including invoicing, budgeting and renewal process negotiation/tracking. 
• Perform vendor closing activities as needed and maintain detailed and organized files 
• Maintain an audit file for each contract which will include original contract, all correspondence, changes/deviations, amendments, clarifications 
• Ensure adherence to financial laws and guidelines. 
• Adhere to General Accepted Accounting Principles. 
• Maintain appropriate SOX controls

Qualifications

• Bachelor's Degree in Finance, Accounting, Business or other related field 
• Strong working knowledge of contractual agreements (standard legal terms, contractual provisions); experience writing agreement templates and/or provisions within agreements 
• Proficient in Excel, Word, Salesforce.com and PeopleSoft Financials or comparable. 
• Ability to work independently on assigned tasks as well as to accept direction on given assignments. 
• Ability to work collaboratively with the Leadership team as well as other personnel. 
• Multi-tasking and time management. 
• Possession of strong organizational and communication skills. 
• Strong understanding of GAAP principles; knowledge of applicable accounts payable/general ledger systems and procedures, financial chart of accounts and corporate procedures 
• Experience with FP&A, forecasting and modeling

PREFERRED QUALIFICATIONS

• CPA is a plus 
• Experience using Zuora, Basware and Loopio 
• Experience working in the Technology services industry

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Additional Information

Verisk Analytics is an equal opportunity employer.

All members of the Verisk Analytics family of companies are equal opportunity employers. We consider all qualified applicants for employment without regard to race, religion, color, national origin, citizenship, sex, gender identity and/or expression, sexual orientation, veteran's status, age or disability.

http://www.verisk.com/careers.html

Unsolicited resumes sent to Verisk, including unsolicited resumes sent to a Verisk business mailing address, fax machine or email address, or directly to Verisk employees, will be considered Verisk property. Verisk will NOT pay a fee for any placement resulting from the receipt of an unsolicited resume.

CONSUMER PRIVACY NOTICE

AT VERISK, THE HEALTH AND SAFETY OF OUR PEOPLE IS OUR NUMBER ONE PRIORITY.  EFFECTIVE NOVEMBER 15, 2021, AND SUBJECT TO APPLICABLE LAW, ALL PROSPECTIVE HIRES FOR OFFICE BASED ROLES OR ROLES THAT SUPPORT ANY OF OUR BUSINESSES’ GOVERNMENT CONTRACTS WILL BE REQUIRED TO DEMONSTRATE THAT THEY ARE FULLY VACCINATED AGAINST COVID-19 BY THEIR START DATE, OR QUALIFY FOR A LEGALLY-REQUIRED MEDICAL OR RELIGIOUS ACCOMMODATION TO THIS VACCINATION REQUIREMENT, AS A CONDITION OF EMPLOYMENT. HIRED CANDIDATES WHO DO NOT DEMONSTRATE THAT THEY ARE FULLY VACCINATED AGAINST COVID-19 BY THEIR START DATE, AND WHO HAVE NOT BEEN APPROVED FOR A LEGALLY-REQUIRED MEDICAL OR RELIGIOUS ACCOMMODATION WILL NO LONGER MEET THE REQUIREMENTS FOR EMPLOYMENT AND THEIR OFFERS OF EMPLOYMENT WILL BE IMMEDIATELY RESCINDED, IN ACCORDANCE WITH APPLICABLE LAW.