Billing Analyst

Simplicity Group; United States; On-site; USD 75,000 - 90,000; Full time

Benefits offered by this job

Annual bonus

401k with employer match

Paid time off

Paid parking

In-office role

Job summary

Simplicity Group is seeking a Wealth Billing Analyst to handle monthly client billing and advisor payouts from Summit, NJ. You will work with Operations, Finance, and Advisors to ensure accurate fee structures and timely payments.

You will engage with the CFO and leadership to continuously improve billing processes, while ensuring data integrity and regulatory compliance in a fast-growing firm.

Qualifications

• Bachelors degree in finance, accounting or related field.
• 2 years experience in similar roles.
• Strong Excel skills and data analysis ability.
• Experience with Orion or similar advisor billing system preferred.

Responsibilities

• Prepare all monthly client billing and advisor payout schedules.
• Maintain database of affiliated advisors' billing schedules.
• Collaborate with Sales and Advisor Onboarding to implement fee schedules.
• Address billing inquiries from financial advisors.
• Develop ad hoc billing reports for leadership insights.
• Improve billing and payment processes with IT and Operations.

Skills

Excel

Data analysis

Billing systems

Communication

Attention to detail

Education

Bachelor's degree in finance or accounting

Tools

Orion billing system

Job description

Position

Wealth Billing Analyst Reports to CFO Simplicity Securities Department Finance Position Type In Office Classification Full Time; Exempt Available Locations 475 Springfield Ave Summit NJ 07901

Summary

The candidate will be responsible for implementing the monthly account billing and advisor payment processes within a rapidly growing organization She or he will work in a small team environment and will work directly with our financial advisors to manage and implement their client fee structures Additionally the candidate will have the opportunity to work directly with the CFO and the leadership team to continuously improve all billingpayment processes as the company scales

Essential Job Functions

Critical factors for success will include professionalism a strong work ethic effective communication skills excellence in criticalstructured thinking consistent delivery of high quality work products in a timely manner and the ability to thrive in a dynamic and fast paced environment while maintaining an uncompromising attention to detail Candidates with experience processing fees for client accounts using Orion or a similar system would be beneficial

Primary Responsibilities

Prepare all monthly client billing and advisor payout schedules and implement payment processes working closely with the Operations and Finance Departments accounts payableMaintain database of affiliated advisors billing schedulesCollaborate with our Sales team and Advisor Onboarding group to implement fee and billing schedules for new advisorsadvisor teams Address fee and billing inquiries directly with financial advisorsDevelop ad hoc billingfee reports to assist leadership in managing revenue streams and business profitabilityDefine and execute initiatives in coordination with our IT and Operations teams to improve our account billing and advisor payment processes as we scale our business

Qualifications

Bachelors degree in finance accounting or related field2 years experience in samesimilar rolesStrong proficiency in Microsoft Excel and data analysisqueryingExperience with Orion billing system or a comparable advisor billing system preferred

Core Competencies

Communication Clearly and effectively communicating both verbally and in writingEfficiency Prioritizes and multitasks in fast paced settings delivering quality results with minimal errorsInitiative An entrepreneurial self starter who operates independently to exceed goalsDiscretion Proven ability to handle sensitive and confidential information with professionalismReliability Possesses an honest trustworthy demeanor that maintains optimism and boosts moraleCollaboration Works effectively with others integrating diverse perspectives to reach common goalsAnalysis Leverages analytical skills to identify challenges and generate innovative solutionsService Anticipates customer needs and consistently exceeds expectations while fostering relationshipsAdaptability Adjusting quickly and effectively to shifting priorities and evolving technologiesDecisiveness Making timely well informed decisions that keep projects on task by assessing risks

Travel Requirements

Minimal to None Approximately 0 9 Office based with potential for day trips or annual meetings

Compensation & Benefits

Compensation based on experience Annual Base Salary 75000 90000Annual Performance Bonus Target 15Benefits Employee Benefits Medical Dental Vision Life Insurance other 401k with Employer MatchPaid Time OffPaid Parking if applicable This role is an in office position