Revenue Specialist - Client Billing
Oxford Financial Group | Carmel, IN, 46032, USSalary Range:$26,000 – $42,000 Salary range estimated by Zippia
Posted 17 days ago
Description
Position Summary:
This position is responsible for all CIO billing and assists Client Billing Supervisor with internal and external reporting.
Duties & Responsibilities:
Responsible for billing for clients
- Sets up new accounts for billing in billing system, includes adding to Billing Group, assigning fee schedule per Advisory Agreements and Value Council Approvals, service codes, billing inception/end dates and payment sources
- Creates new fee schedules in Windsor and updates the fee schedule master list
- Performs fee calculations in Tamarac for all billing. Verifies the fee calculations for recording in Accounts Receivable
- Prepares client fee summary spreadsheets/and or fee summaries
- Serves a liaison with other departments for new account billing set-up information
- Maintains and updates daily the spreadsheet for clients okay to bill according to Tamarac
- Reviews and updates daily Billing History Bulk Report in billing system and provides to Billing Operations Manager for payment sources and recording to Accounts Receivable
- Performs the process for the scheduled quarterly minimum resets, annual Private Placement fee assessments and annual large client fee schedules fee assessments
- Completes all billing exceptions and maintains exception spreadsheet for waived assets, special instructions and approved exceptions
- Verifies billable account values and statuses in Windsor and communicates with Data Analytics and Private Market Operations on discrepancies
- Records billing revenue in appropriate spreadsheets and in accounting system
- Reconciles billing to General Ledger
- Prepares reports for CFO, Controller and Billing for CIO billing
Performs other duties as assigned
- Provides primary backup and assistance to Client Billing Supervisor in all aspects of billing
- Interacts with Operations and Client Service Teams
- Provides backup to other bill team staff
- Assists in research requests
- Assists in pulling Audit items
Requirements:
- Bachelors degree or equivalent
- Three to five years experience in accounts receivable, general accounting or financial operations related areas
- Strong attention to detail, level of accuracy, and organizational skills
- Strong technical skills including proficiency in Excel to ensure proper execution on tasks/action items
- Strong work ethic and a professional demeanor with the utmost respect for confidential matters
- Analytical mindset with the ability to analyze data, drive solutions, and effectively problem-solve
- Not easily overwhelmed with the ability to operate with a sense of urgency to meet tight deadlines
- Resourceful, proactive, and self-motivated with a team player mentality and positive attitude
- Ability to work independently and in a team environment
- Excellent communication and interpersonal skills with the ability to successfully maintain internal relationships
- Strong time management skills with the ability to multi-task and prioritize tasks in a fast paced environment
- Ability to exercise discretion and independent judgment
Working Conditions:
- No travel required
- Long periods of sitting utilizing a computer
- Long hours may be required to meet deadlines