Senior RIA Billing Expert — Hybrid/Remote

49 Financial; Austin (TX); Hybrid; USD 90,000 - 140,000; Full time

Benefits offered by this job

Medical – multiple plan levels with H

Dental coverage

Vision coverage

401k plan with match

Life/AD&D coverage

Short-Term Disability

Long-Term Disability

HSA contribution match

Unlimited PTO

Job summary

Three Strands in Austin, TX, is seeking an Experienced Senior RIA Billing Specialist to manage end-to-end advisory fee billing for Alongside and 49 Financial.

You will own the quarterly billing, calculate advisor compensation, and partner with Accounting to support monthly close and revenue recognition, while improving billing processes and maintaining accurate records.

The role offers hybrid work options and opportunities to streamline operations as the business grows.

Qualifications

• Bachelor's degree in Accounting, Finance, Business, or a related field preferred.
• 4+ years of experience administering advisory fee billing within an independent Registered Investment Advisor (RIA).
• Hands-on experience managing end-to-end RIA billing, including fee schedules, billing cycles, reconciliations and advisor compensation.
• Strong knowledge of advisory fee methodologies, including tiered, blended, household, advance, and arrears billing.

Responsibilities

• Own the end-to-end advisory fee billing process for Alongside and 49 Financial.
• Experience building billing processes from the ground up.
• Experience running RIA billing is a must.
• Establish, maintain, and audit advisory fee schedules, including tiered, blended, household, advance, and arrears billing structures.
• Manage the quarterly billing calendar and execute billing cycles accurately and on schedule.
• Reconcile billing activity and investigate billing discrepancies to ensure accurate client billing.
• Calculate and prepare advisor compensation statements related to advisory fee revenue.
• Research and resolve advisor questions regarding billing and compensation.
• Partner with Accounting to support monthly close and revenue recognition activities.
• Prepare billing reports, reconciliations, and supporting schedules.

Skills

RIA billing

End-to-end billing

Advisor compensation

Billing reconciliations

Financial reporting

Customer service

Education

Bachelor's degree

Tools

Black Diamond

Orion

Job description

Three Strands in Austin, TX, is seeking an Experienced Senior RIA Billing Specialist to manage end-to-end advisory fee billing for Alongside and 49 Financial.

You will own the quarterly billing, calculate advisor compensation, and partner with Accounting to support monthly close and revenue recognition, while improving billing processes and maintaining accurate records.

The role offers hybrid work options and opportunities to streamline operations as the business grows.