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Job Requirements of Billing Specialist:
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Employment Type:
Full-Time
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Location:
Stamford, CT (Onsite)
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Billing Specialist
This role's responsibilities will include billing, month-end closing duties, cash receipts controls and financial reporting as well as ad hoc projects and analyses.
Responsibilities
- Driving innovation:
- Support the initiative to enhance efficiency and automation of our existing revenue calculations and invoicing processes within the context of deploying a consolidated billing tool.
- Develop insightful reporting and analyses to support Finance and Data Solutions teams with actionable insights for performance reporting to management and investors.
- Identify and address process gaps, implementing robust internal controls, and improving documentation for internal control processes.
- Billing:
- Prepare various quarterly control documents for Data Solutions billing.
- Review new client orders and understand relevant economic terms as they relate to billing, revenue recognition and apply that understanding to billing and revenue calculations.
- Review new client orders in the billing system for accuracy of set up.
- Perform an analytical review of current cycle draft invoice calculations versus prior cycle invoices within the Data Solutions business.
- Release quarterly and monthly invoices for manager review.
- Foster a culture of financial excellence by collaborating with client delivery managers, sales operations, finance leadership and external client contacts.
- Treasury management:
- Review daily cash receipts and apply to client invoices as instructed by clients.
- Investigate unapplied cash with accounting for additional details from banks, or with clients to receive accurate cash application.
- Perform level 1 collection procedures and respond to relevant client inquiries regarding invoices or banking details.
- Month-end close:
- Review the expected revenue entries into the G/L and management reporting tools for accuracy, based on actual and estimated invoices.
- Prepare month end reconciliations AR, deferred revenue balances, and related bank accounts.
- Prepare month over month and quarter over quarter roll forward for key revenue metrics.
Qualifications
- 2-4 years of corporate accounting/public accounting experience within the financial services industry
- Outstanding financial analysis skills and understanding of accounting principles and US GAAP reporting, especially as it relates to ASC606
- Experience with revenue, treasury management, accounts receivable and payable, and cash reconciliations
- Knowledge of booking journal entries and preparation of financial statements
- Data-driven thinker who can manage large data sets for efficient analyses
- Organized and detail-oriented process manager who can prioritize and communicate clearly with senior leadership
- Proficient with Microsoft Office Suite (Excel, PowerPoint, Outlook)
- Excellent verbal and written communication skills
- Able to coordinate across teams and departments to complete projects
- CPA license is preferred but not required
- Degree in accounting is preferred but not required
- Knowledge of Oracle ORMB, NetSuite, Quickbooks, or other general ledger systems is preferred but not required
- Familiarity with SalesForce is preferred but not required
Welcome to ConsultNet and the family of companies, Tekne, SaltClick, TechBridge, and OmniMedia. As a premier national provider of technology talent and solutions, our expertise spans across project services, contract-to-hire, direct placement, and managed services both onshore and nearshore.
Celebrating more than 25 years of partnership with a diverse client base, we've crafted rewarding opportunities for our consultants, fostering high-performing teams that deliver impactful results.
Over the last few years thousands of consultants have found their calling with us in roles that have made a meaningful impact on their lives, enhanced their career, challenged them, and propelled them towards achieving their personal and professional goals. At the ConsultNet family of companies, we believe effective communication is crucial in aligning the right job with your unique skills and professional aspirations. To us, it's all about the personal approach we take and the values we uphold.
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.We champion equality and inclusivity, proudly supporting an Equal Opportunity Employer policy. We welcome applicants regardless of Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other status protected by law.