Full Job Description
We are currently seeking a Billing Analyst to work in our Toronto office. Our Billing Analysts' staff are integral members of our finance teams. It is business imperative that we continue to hire and develop highly engaged skilled professionals that will provide consistent billing and financial support for our business and our project managers/directors.
The Opportunity
• Effectively communicate with Project Managers and Project Directors to determine proper costs to invoice for the month.
• Prepare client invoices in accordance with company procedures, client requirements and terms and conditions of the contract.
• Review contracts for each new project and setup all templates and procedures to administer invoicing for all new projects.
• Record invoices into accounting system.
• Reconcile and include, as part of project invoices, sub-consultant billings for fees and reimbursable expenses.
• Work with the cash receipts team to reconcile variances that occur in the application of cash and review/clean-up of unallocated cash.
• Daily monitoring of cash receipts against sub-contractor billing tracker to release sub-consultant payments under pay-when-paid policy.
• Ensure all monthly activity is complete and accurate in the areas of customer billings, accounts payable and related postings to the accounting system.
• Assist project team with follow-up and collection of aging invoices.
• Demonstrate strong problem-solving skills and the ability to identify and correct quality control issues such as duplicate billing, data entry errors, set up/system errors, etc.
• Ability to monitor key financial metrics on projects, such as aging debts, aging WIP and cash flow.
• Assist with monthly forecasting of billings and cash collections.
• Special and ad hoc projects as assigned.
Is this role right for you?
• 3+ years of relevant experience in billing. Experience in a professional services firm is preferred.
• Experience with billing large scale major government agency projects and/or understanding FAR is preferred.
• Bachelor's Degree is preferred in Business or related fields.
• Must have a solid knowledge of standard contract terms, including hourly, lump sum, not-to-exceed and how they are applied in the billing process.
• Advanced Excel skills are required (Pivot Tables, VLookups, sumif, etc.). Must have familiarity with general accounting software packages.
• Strong written and verbal communication skills and the ability to multi-task.
• Must be detail oriented with ability to work under pressure and within a team.
Hiring Range - The good faith base salary hiring range for this job if performed in Toronto is $78,000 to $85,000 per year. This range is commensurate with experience, educational background, and skill level. Benefits are not included in the base salary. Please note hiring ranges for candidates performing work outside of Toronto will differ.