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Billing Analyst (Closed)

Job Highlights
Toronto
Permanent
$65,000

About the Company

  • The client is currently seeking a Billing Analyst to work in the Toronto office. The Billing Analysts’ staff are integral members of their 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 the business and the project managers/directors.

About 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 subcontractor 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

About 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 multitask

  • Detail oriented with ability to work under pressure and within a team

Salary
$60,000 - $65,000/year

How to Apply

Click the “Apply Now” button and follow the instructions to submit your resume. Please note that we only accept documents in MS Word or Rich Text formats. When referencing this job, quote #30349

You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.

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