Billing Specialist

Role Description

The Billing Specialist position is primarily responsible for supporting the billing function and facilitating the timely billing and collection of fees for services. This support function includes but is not limited to:

• Document preparation
• Creating, maintaining, and analyzing Excel spreadsheets
• Billing and administrative functions

Responsibilities will include:

• Initiate the monthly billing process with assigned Work In Progress (WIP) owners and recommend billing amounts based on historical billings and current engagement amounts.
• Conduct detailed monthly and quarterly analytical review and reconciliation including WIP reserves, contract compliance, material billing adjustments, and aged WIP for assigned WIP owners.
• Maintain client billing records and follow up on payment status when necessary.
• Work with key functional leaders in preparing invoicing for engagements based on engagement priorities.
• Provide various forms of analysis including financial and exception reporting.
• Participate in meetings and follow up on unresolved issues that require project management skills.
• Reconcile weekly/monthly time reports and expense reports to WIP reports.
• Preparation of plan to actual hours and fees and profitability analysis.
• Utilize internal systems to create client profiles and generate reports.
• Prepare and maintain budget reports.
• Perform special projects and assume certain responsibilities as assigned.
• Deliver timely and quality services that meet or exceed RRC’s team and the client’s expectations.
• Prepare ad hoc reports for management.

Qualifications

• Bachelor or Associate’s degree in Accounting, Finance, Consulting, or Business Administration.
• 4+ years relevant experience in a professional services firm.

Requirements

• Intermediate or advanced use of Microsoft Excel and other Microsoft Database Tools.
• Experience in project management processes and tools.
• Ability to communicate both verbally and in writing with diverse audiences.
• Effective organization and time management skills.
• Ability to manage multiple tasks.
• Strong attention to detail.
• Application of critical thinking and analytics.

Benefits

At RSM, we offer a competitive benefits and compensation package for all our people. We offer flexibility in your schedule, empowering you to balance life’s demands, while also maintaining your ability to serve clients. Learn more about our total rewards at RSM Benefits .