Billing Associate 1

RSM US LLP; Bengaluru; On-site; INR 420,000 - 560,000; Full time

Job summary

RSM US LLP in Bengaluru seeks a Billing Associate to join the Finance team. You will coordinate billing transactions for services delivered, review engagement letters, and ensure timely invoicing in line with firm policies.

The role emphasizes collaboration with primary billers and external client servers, accurate WIP review, and proactive communication to optimize revenue. A background in professional services billing and strong Excel skills are valued.

Qualifications

• Minimum 1 to 4 years of relevant experience.
• Graduate in B.Com or Business Management.
• Strong Microsoft Office skills; Excel preferred.
• Ability to communicate verbally and in writing with diverse audiences.
• Detail oriented.
• Prior professional billing experience is heavily preferred in professional services.

Responsibilities

• Initiate bi-monthly billing for assigned billers and review suggested amounts.
• Process billing and review aged WIP to control balances.
• Maintain client folder data attributes and status.
• Coordinate with external client servers to ensure timely billing.
• Build relationships with clients to anticipate needs and add value.
• Communicate proactively with billers and seek feedback.
• Assist in analyzing and meeting billing goals of functional leaders.
• Understand net-unbilled and realization concepts to inform billing.
• Leverage standardized reporting to assist primary billers.

Skills

Billing experience

Communication skills

Attention to detail

Education

Bachelor's degree in B.Com or Business Management

Tools

Microsoft Office

Excel

Job description

Job Description:

We are the leading provider of professional services to the middle market globally, our purpose is to instill confidence in a world of change, empowering our clients and people to realize their full potential. Our exceptional people are the key to our unrivaled, inclusive culture and talent experience and our ability to be compelling to our clients. You’ll find an environment that inspires and empowers you to thrive both personally and professionally. There’s no one like you and that’s why there’s nowhere like RSM.

We are looking to add a professional Billing Associate to our Finance team.The Billing Associate proactively processes all billing transactions in coordination with their assigned primary billers utilizing the most effective and efficient procedures and systems to facilitate the timely billing for services delivered by the firm in accordance with Firm policies.

Essential Duties

• Professional billing duties include but are not limited to:
• Initiate the bi-monthly billing process for assigned primary billers. This includes reviewing and recommending suggested billing amounts based on agreed upon billing arrangements, schedules, statement of work, engagement letters or historical amounts.
• Processes billing as appropriate.
• Review aged WIP for assigned primary billers to control outstanding WIP balances and identify billing opportunities.
• Uphold Firm client folder best practices. Ensuring client and folder data attributes and status are being properly managed.
• Hold external client servers accountable to bill timely. Escalating to regional billing lead, supervisor, manager, director or national billing leader, if needed.
• Build external client server relationships. Get to know the clients they are working on so you can learn to anticipate needs and add value to the billing process. Partner with the external client servers to add significant value and be true business advisors when it comes to all aspects of the billing functions.
• Recognize that professional billing is an "art". Allow adaptability within a framework, while also promoting firm best practices.
• Maintain regular, proactive communication with the external client servers or primary billers you support. Additionally, seek feedback on your interactions and performance so that you are continually learning how to better support your "book of business".
• Assist in analyzing, managing, and meeting functional leaders billing goals.

Reporting & Analysis duties may include -

• Understand net-unbilled concepts in order to make billing recommendations.
• Understand realization and reserve concepts and impact. Be able to facilitate recommendations that promote the firm’s best practices.
• Leverage the firms standardized reporting to assist primary billers in analysis and engagement management.
• Independently investigates billing issues and processes invoice adjustments to ensure invoice and margin accuracy.

Minimum Qualifications

• Education: Minimum 1 to 4 Years of relevant experience
• Graduate in B.com or Business management.
• Strong Microsoft Office skills, required. Strong Excel preferred
• Ability to communicate both verbally and in writing with diverse audiences
• Detail oriented
• Prior professional billing experience – heavily preferred, with focus on billing for professional services firm(s)

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 https://rsmus.com/careers/india.html.

RSM does not tolerate discrimination and/or harassment based on race; colour; creed; sincerely held religious beliefs, practices or observances; sex (including pregnancy or disabilities related to nursing); gender (including gender identity and/or gender expression); sexual orientation; HIV Status; national origin; ancestry; familial or marital status; age; physical or mental disability; citizenship; political affiliation; medical condition (including family and medical leave); domestic violence victim status; past, current or prospective service in the Indian Armed Forces; Indian Armed Forces Veterans, and Indian Armed Forces Personnel status; pre-disposing genetic characteristics or any other characteristic protected under applicable provincial employment legislation.

Accommodation for applicants with disabilities is available upon request in connection with the recruitment process and/or employment/partnership.RSM is committed to providing equal opportunity and reasonable accommodation for people with disabilities. If you require a reasonable accommodation to complete an application, interview, or otherwise participate in the recruiting process, please send us an email at [e-mail].