Project Billing Specialist
$65k - $75kALVAREZ & MARSAL INC
Professional Services Billing Specialist
Alvarez & Marsal (A&M) is a global consulting firm with entrepreneurial, action and results-oriented professionals. We take a hands-on approach to solving our clients' problems and assisting them in reaching their potential. Our culture celebrates independent thinkers and doers who positively impact our clients and shape our industry. The collaborative environment and engaging work—guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity—are why our people love working at A&M.
How You Will Contribute:
- Proactively and assertively driving the billing process by utilizing complex problem-solving skills along with strong client interaction skills for team of Managing Directors and Director levels
- Creates monthly billing summary / analysis of all projects and communicates to MD and Director levels by setting up calls and driving continued flow of revenue
- Independently tracks and maintains budget by project
- Initiates and leads weekly / monthly calls with Managing Directors and Director levels to cover working capital (WIP, AR and collections)
- Organizes and manages client administration platform
- Review client engagement documents for accuracy and execution as well as working with legal department for client compliance
- Analyzing legal agreements to ensure compliance with fee agreements, rate discounts, and firm policies on outgoing invoice
- Identifies out of scope activity based on work description on monthly reporting
- Performing extensive editing, transfers, write-offs and adjustments
- Working closely with cross firm professionals to resolve any issues and ensuring bills are accurate and complete
- Investigates billing discrepancies and communicates with appropriate team to reconcile issues
- Working closely with AR team to ensure successful processing of invoices
- Initiates and manages multi-step process for foreign affiliate / subcontractor invoicing
- Manage all procurement and client payment systems / vendor set up
- Independently tracking AR to initiate collection process when client balance remains greater than 60 days with communication to Managing Directors and Director levels
- Performing appropriate follow up when issues arise
- Assisting with special projects as needed
Qualifications:
- Bachelor's degree
- Previous professional services billing experience
- Excellent personable and relationship building skills
- Strong analytical, math and problem-solving skills
- Extremely detail oriented; acute attention to detail
- Excellent verbal and written communication skills
- Ability to work under pressure and meet deadlines
- Motivated, organized and able to prioritize workload, multitask and work independently
- Driven to contribute to the success of the team
- Flexibility to adapt to various situations
- Advanced experience with Excel and Word
We recognize that our people are the driving force behind our success, which is why we prioritize an employee experience that fosters each person's unique professional and personal development. Our robust performance development process promotes continuous learning, rewards your contributions, and fosters a culture of meritocracy. With top-notch training and on-the-job learning opportunities, you can acquire new skills and advance your career.
We prioritize your well-being, providing benefits and resources to support you on your personal journey. Our people consistently highlight the growth opportunities, our unique, entrepreneurial culture, and the fun we have together as their favorite aspects of working at A&M. The possibilities are endless for high-performing and passionate professionals.
Regular employees working 30 or more hours per week are also entitled to participate in Alvarez & Marsal Holdings' fringe benefits consisting of healthcare plans, flexible spending and savings accounts, life, AD&D, and disability coverages at rates determined periodically as well as a 401(k) retirement savings plan. Provided the eligibility requirements are met, employees will also receive an annual discretionary contribution to their 401(k) retirement savings plan from Alvarez & Marsal. Additionally, employees are eligible for paid time off including vacation, personal days, seventy-two (72) hours of sick time (prorated for part time employees), ten federal holidays, one floating holiday, and parental leave. The amount of vacation and personal days available varies based on tenure and role type. Click here for more information regarding A&M's benefits programs.
The salary range is $65,000 - $75,000 annually, dependent on several variables including but not limited to education, experience, skills, and geography. In addition, A&M offers a discretionary bonus program which is based on a number of factors, including individual and firm performance. Please ask your recruiter for details.
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