Senior Billing Analyst - Hybrid Wealth Management Ops

Colonial Group; Chicago (IL); Hybrid; USD 81,000 - 99,000; Full time

Benefits offered by this job

Medical, dental, vision coverage

Flexible PTO

Work from home Fridays

Gym in Chicago office

401k matching

HSA employer contributions

Student loan assistance

Pet insurance

Parental leave

Job summary

Hightower, based in Chicago, seeks a Senior Billing Analyst to oversee onboarding/termination of advisory billing accounts. You will report to the Manager and collaborate with two analysts to ensure accurate fee calculations, timely processing, and strong financial controls across the billing lifecycle.

The role requires 5+ years’ billing analytics experience in financial services, familiarity with Envestnet Wealth Management and Black Diamond, and a detail-oriented, collaborative mindset to

Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, or related field.
• 5+ years of experience as a Billing Analyst or similar role.
• Financial services industry and RIA experience preferred.
• Strong understanding of billing principles, financial analysis, and relevant software applications.
• Proficiency in billing operations and related accounting systems (e.g. Envestnet Wealth Management software, Black Diamond).
• Exceptional attention to detail and accuracy in data reporting, data analysis and reporting.
• High level of proficiency in Microsoft suite, including Excel (pivot tables, v-lookup), Word, Outlook.
• Effective communication and interpersonal skills to collaborate with diverse teams and work with clients professionally.
• Ability to work independently, prioritize tasks, and meet deadlines in a fast-paced environment.

Responsibilities

• Compile quarterly termination analyses to identify and remediate accounts eligible for refunds. Communicate findings to advisor teams and prepare supporting documentation for final assessments.
• Collaborate with advisor teams to ensure agreement and support across the termination process.
• Help process account terminations, ensuring precise and timely calculations and processing of fees and refunds for clients.
• Perform billing test runs and conduct detailed analyses for onboarding advisory businesses, ensuring accurate establishment of fee attributes and proper system setup
• Respond to advisor team inquiries regarding billing and provide timely resolution.
• Maintain accurate and organized integration and billing onboarding/termination records, supporting documentation, and audit trails to facilitate internal and external audits.
• Support project-based projects by ensuring data integrity and accuracy throughout all phases of the project.
• Foster a collaborative and inclusive work environment that encourages teamwork, accountability, and new ideas.
• Assist in governing, adhering, and reporting on internal controls and procedures to maintain regulatory standards, ensure compliance, enhance efficiency, and reduce errors. Track and support remediation.

Skills

Attention to detail

Data analysis

Communication skills

Time management

Education

Bachelor's degree in Finance

Tools

Envestnet Wealth Management

Black Diamond

Job description

Hightower, based in Chicago, seeks a Senior Billing Analyst to oversee onboarding/termination of advisory billing accounts. You will report to the Manager and collaborate with two analysts to ensure accurate fee calculations, timely processing, and strong financial controls across the billing lifecycle.

The role requires 5+ years’ billing analytics experience in financial services, familiarity with Envestnet Wealth Management and Black Diamond, and a detail-oriented, collaborative mindset to