Billing & Contract Administrator, Parameta Solutions

Billing And Contract Administrator

The TP ICAP Group is a world leading provider of market infrastructure. Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions. Through our people and technology, we connect clients to superior liquidity and data solutions.

Founded in London in 1866, the Group operates from more than 60 offices in 27 countries. We are 5,200 people strong. We work as one to achieve our vision of being the world's most trusted, innovative, liquidity and data solutions specialist.

Parameta Solutions is the Data & Analytics division of TP ICAP Group. The business provides clients with unbiased OTC content and proprietary data, in-depth insights across price discovery, risk management, benchmark and indices, and pre and post-trade analytics. Its post-trade solutions offering helps market participants control their counterparty and regulatory risks through a growing range of tools that manage balance-sheet exposure, as well as compression and optimisation services.

Role Overview We are seeking a highly detail-oriented and proactive Billing & Contract Administrator to join our Billing and Contract Management team in New York. This role is critical in ensuring the accuracy, integrity, and timeliness of billing and contract processes across the business.

You will play a key role in reviewing client contracts, executing monthly billing cycles, maintaining data accuracy, and resolving discrepancies. Acting as a collaborative partner to Finance, Operations, and Sales, you will support month-end revenue reporting, vendor royalty reconciliation, and accounts receivable performance. The role will also contribute to continuous improvement initiatives, with a particular focus on optimising processes following our recent Workday ERP implementation.

Key Responsibilities

• Review customer contracts to ensure alignment with agreed billing terms and revenue recognition policies prior to invoicing
• Execute and support monthly billing runs, ensuring accurate and timely invoice generation
• Maintain a centralised contract repository and uphold data integrity across billing and finance systems
• Prepare and distribute accurate vendor royalty reports in line with contractual obligations
• Partner with Accounts Receivable to reconcile customer balances, support proactive collections, and drive reductions in Days Sales Outstanding (DSO)
• Investigate and resolve billing discrepancies promptly, maintaining strong stakeholder relationships internally and externally
• Support month-end close activities, including preparation and reconciliation of unbilled revenue
• Collaborate cross-functionally to enhance invoicing workflows across Salesforce, Workday, and general ledger processes
• Identify and implement process and system improvements to optimise billing and AR operations
• Ensure adherence to internal controls and policy requirements, including identifying and escalating any breaches
• Support ongoing enhancement and optimisation of the Workday ERP platform in line with evolving business needs

Experience & Competencies Essential

• Experience within financial services or a similarly regulated, complex environment
• Strong Accounts Receivable and billing experience, with a proven ability to execute accurate monthly billing cycles
• Experience reviewing customer contracts to ensure billing accuracy and appropriate revenue recognition
• Ability to manage client queries effectively and build strong relationships with stakeholders across functions and geographies
• High attention to detail, with strong analytical and problem-solving capabilities

Desired

• Experience with Workday, Oracle, or similar large-scale ERP systems
• Experience in a large, global, or matrixed organisation
• Understanding of internal controls, compliance requirements, and operating within a well-controlled environment

Job Band & Level

• Professional / 4

Location

USA - 200 Vesey Street - New York, NY