Contract Compliance & Financial Operations Specialist

Overview

This role provides advanced operational, analytical, and risk-mitigation support to partners and senior leaders within Risk & Regulatory Consulting, LLC (RRC). The Specialist is a senior individual contributor responsible for executing and enforcing contract compliance, risk mitigation, and engagement financial controls. The position applies established policies, performs detailed analysis, and escalates exceptions to Operations and Risk leadership.

Farmington, CT-based is preferred; US-based remote candidates will be considered.

Responsibilities

Provide oversight and leadership of contract compliance / risk mitigation

• Provide high-level contract compliance/risk mitigation support to partners and engagement leaders across multiple client teams
• Oversee contract intake, review, and approval workflows; ensure accuracy, completeness, and alignment with firm policies
• Serve as the day-to-day liaison to the Office of Risk Management on risk, legal, and other significant matters; coordinate with other teams to support compliance and mitigate risks
• Maintain contract-related documentation, including statements of work/work orders, contract amendments, and client correspondence
• Act as a subject-matter resource for contract compliance/risk mitigation processes and best practices
• Document critical/key aspects of contract reviews for escalation, focusing on the most important points and highlighting risk factors
• Manage competing priorities and respond quickly to shifting needs in a fast-paced, client-driven environment
• Review team members’ work for accuracy and completeness; ensure consistency with team and firm standards; supplement and enhance documentation as needed
• Prepare high-quality presentations, documents, and client-ready materials
• Support risk management activities by ensuring compliance with firm policies and quality standards
• Provide guidance, functional coaching, and informal supervision to other compliance staff
• Support training efforts and help guide team members
• Recommend improvements and efficiencies to contract, financial, and engagement workflows
• Model professionalism, accountability, and operational excellence

Prepare management monitoring reports and assist with CFO-type analysis

• Analyze monthly financial results, including revenue, utilization, margins, and engagement performance
• Prepare financial summaries, variance analyses, and insights for leadership review
• Support forecasting, budgeting, and pipeline tracking activities
• Monitor engagement economics and proactively flag issues related to scope, billing, or profitability
• Guide other team members in understanding financial reporting and analysis objectives
• Prepare weekly time analysis highlighting exceptions (including follow-up on “red flag” exception items)
• Assist with monthly reporting to RRC leadership (e.g., financial results, hour forecasts, analysis of changes in net billed rate per hour, client realization metrics, etc.)
• Prepare revenue tracking reports and client services reports; work closely with partners to ensure data integrity
• Anticipate questions from leadership and follow up on the back end on questions and unusual items
• Identify operational and technical inefficiencies and communicate findings along with proposed solutions to leadership
• Support the proposal process, when necessary, and perform QA reviews to ensure message quality, format, and content meet stated objectives and align with internal communication guidelines (as a hands-on backup to the proposal team, when required)
• Prepare and coordinate RRC Team call presentations
• Perform other duties as assigned

Assume accountability for high-quality work products

• Apply RRC policies and procedures and continuously identify and implement improvements
• Execute and enforce contract-compliance procedures and engagement finance controls; document exceptions and escalate per policy
• Use internal systems (e.g., Workday, Power BI, etc.) to generate reporting and analytical tools for engagements and leadership oversight (including setting up and maintaining client information in the practice management system for quality control and firm compliance; compiling and analyzing time reporting; downloading and preparing data analysis from internal systems related to project time incurred; and supporting ad hoc reporting)
• Track firm required compliance items and ensure proper documentation
• Conduct Quality Assurance (QA) review of key documents (e.g., proposals and draft memos/reports, as requested); ensure QA is appropriate across internal files
• Assist in maintaining ownership of RRC’s SharePoint site and ensure important documents are filed as appropriate

Operational oversight and quality assurance

• Assist in delivering employee new hire orientation
• Coordinate closely with other disciplines and team members (e.g., Office of Risk Management, Information Technology Governance, Human Resources, Insurance Requirements, etc.)
• Maintain regular updates to RRC marketing tools to reflect accurate and current information (e.g., marketing calendars, 50-state marketing grids for financial/market regulation opportunities, conference planning tools, marketing literature, etc.); monitor and help inspect the quality of team members’ resumes/bios
• Perform other duties as assigned

Requirements

• Bachelor’s degree
• 5-10+ years of relevant experience in consulting or professional services
• Prior supervisory experience and ability to guide/support team members
• Strong understanding of contracts, risk considerations, and operational processes
• Advanced analytical skills with ability to interpret financial data and provide insights
• Demonstrated critical-thinking and problem-solving abilities
• Demonstrated time management and project management skills
• Experience supporting executive leadership (e.g., partners, directors, or senior leaders)
• Proficiency with Microsoft 365 and business productivity tools (e.g., Power BI, Workday, ServiceNow, etc.)
• Ability to learn new systems and processes quickly
• Willingness to adapt to and work through change management
• Strong organizational skills and ability to manage multiple priorities simultaneously
• Experience guiding or supervising support team members
• Ability to make sound judgments on assignments and team workload
• Ability to function independently
• Superior organization and “think outside the box” skills (e.g., ability to design practical, scalable processes and ensure follow-through)
• Excellent verbal and written communication skills with strong attention to detail (spelling, grammar, mathematical accuracy such as Excel formulas, and proofreading)
• Self-motivated with a strong sense of urgency to meet deadlines
• Dynamic/flexible demeanor with outstanding interpersonal skills and a “can do,” team-first attitude
• Forward-thinking professional with a collaborative focus who can consult effectively with key constituents and become recognized as a valued “go to” resource
• Resourcefulness to research independently and take action when needed
• Flexibility to work overtime as needed around Partners’ scheduling challenges, when required
• Ability to balance multiple priorities and manage tasks to completion in a timely manner
• Effective decision making skills and a quick-thinking mindset
• Self-awareness regarding strengths/weaknesses; personally accountable and willing to grow/develop professionally, including offering suggestions for improvement vs. accepting “status quo”
• Demonstration of ethical, integrity, and professional standards as outlined by the firm

Preferred Qualifications

• CPA
• Insurance industry experience
• Prior “Big 4” or other large professional services firm experience

Compensation & Benefits

• Compensation range: $95,400 - $163,900
• Discretionary bonus eligibility based on firm and individual performance
• Benefits include flexibility in schedule to help balance life demands while maintaining the ability to serve clients (full details not specified here)

Equal Opportunity & Accommodation

The employer does not tolerate discrimination or harassment based on race; color; creed; sincerely held religious beliefs, practices or observances; sex (including pregnancy or disabilities related to nursing); gender; sexual orientation; HIV Status; national origin; ancestry; familial or marital status; age; physical or mental disability; citizenship; political affiliation; medical condition (including family and medical leave); domestic violence victim status; past, current or prospective service in the US uniformed service; US Military/Veteran status; pre-disposing genetic characteristics or any other characteristic protected under applicable federal, state or local law.

Accommodation for applicants with disabilities is available upon request in connection with the recruitment process and/or employment/partnership.

Work Authorization / Sponsorship

The employer does not intend to hire entry level candidates who will require sponsorship now or in the future (i.e., F-1 visa holders).