Billing Specialist - Part Time - Remote

Risk & Regulatory Consulting, LLC

Billing Specialist

Farmington, CT

Position Description
The Billing Specialist position is primarily responsible to support the billing function and to facilitate the timely billing and collection of fees for services. This support function includes but is not limited to document preparation, creating, maintaining and analyzing excel spreadsheets, billing and administrative functions.

Responsibilities will include:

Billing:

• Initiate the monthly billing process with assigned Work In Progress (WIP) owners and reviews and recommend billing amounts based on historical billings and current engagement amounts.
• Conduct detailed monthly and quarterly analytical review and reconciliation that includes but not limited to WIP reserves, contract compliance, material billing adjustments and aged WIP for assigned WIP owners

• Maintain client billing records; follow up on status of payment when necessary

• Work with key functional leaders in preparing invoicing for engagements based on engagement priorities. Provide various forms of analysis including financial and exception reporting. Participate in meetings and follow-up on non-resolved issues that require project manager skills. Initiate the monthly billing process with assigned Work In Progress (WIP) owners and reviews and recommend billing amounts based on contract and compliance requirements. Invoicing is based on contract requirements and individual must be able to interpret contract parameters in preparing invoices and reconcile to caps on expenses and allowable deductions
• Conduct detailed monthly and quarterly analytical review and reconciliation that includes but not limited to WIP reserves, contract compliance, billing adjustment and aged WIP

• Reconcile weekly/monthly time reports and expense reports to WIP reports

• Preparation of plan to actual hours and fees and profitability analysis

• Utilize internal systems to create client profiles and generate reports

• Prepare and maintain budget reports

• Perform special projects and assume certain responsibilities as assigned

• Deliver timely and quality services that meet or exceed RRC’s team and the client’s expectations

• Prepare ad hoc reports for management

Basic Qualifications

• Bachelor or Associate’s degree in Accounting, Finance, Consulting or Business Administration
• 4+ years relevant experience in a professional services firm

Preferred Qualifications

• Intermediate or advanced use of Microsoft Excel and other Microsoft Database Tools
• Experience in project management processes and tools
• Ability to communicate both verbally and written with diverse audiences
• Effective organization and time management skills
• Ability to manage multiple tasks
• Strong attention to detail
• Application of critical thinking and analytics

**When applying please add your resume as an attachment!**

**Do NOT auto-generate from LinkedIn**

Risk & Regulatory Consulting, LLC (RRC) was formerly a business segment of RSM US LLP (formerly McGladrey) until 2012 when the separate legal entity was formed. RRC is a strategic business partner with RSM providing actuarial and insurance industry consulting services to RSM clients.

Risk & Regulatory Consulting, LLC (RRC) is a national, leading professional services firm dedicated to providing exceptional regulatory services to clients. With over 100 experienced insurance professionals located in 22 states, we believe RRC is uniquely positioned to serve state insurance departments. We offer services in the following regulatory areas: financial examinations, market conduct examinations, insolvency and receiverships, actuarial services and valuations, investment analysis, reinsurance expertise, market analysis and compliance, and special projects. We are a results oriented firm committed to success that builds long term relationships with our clients.

RRC is managed by seven partners and our practice includes full time professionals dedicated to our regulatory clients. We are focused on listening to your needs and designing customized examination, consulting, and training solutions that address your needs. We bring multiple service lines together to provide superior and seamless service to our clients. We are committed to training our customers and our team. We have developed various comprehensive in house training programs that have been tailored to meet the needs of our regulatory clients. We offer competitive pricing, outstanding experience, credentials and references. RRC is an active participant in the NAIC, SOFE, and IRES.

Currently, RSM does not intend to hire candidates for entry level positions who will need, now or in the future, RSM sponsorship through any non-immigrant visa category such as the H-1B, H-1B1, E-3, O-1, or TN.

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 call us at 800-274-3978 or send us an email at careers@rsmus.com.

The firm offers a competitive benefits package, base compensation, and an employee bonus program for eligible roles based on individual and firm performance per program guidelines. Base compensation ranges can be found between the ranges noted below in the posting, and an actual offer can vary based upon on role, hiring location, and qualifications. For additional information on RSM’s total rewards, visit our website at https://rsmus.com/careers/working-at-rsm/benefits.html.

If required by applicable law or client policy, you may be required to be vaccinated for COVID-19 or have an approved accommodation.

You want your next step to be the right one. You've worked hard to get where you are today. And now you're ready to use your unique skills, talents and personality to achieve great things. RSM is a place where you are valued as an individual, mentored as a future leader, and recognized for your accomplishments and potential. Working directly with clients, key decision makers and business owners across various industries and geographies, you'll move quickly along the learning curve and our clients will benefit from your fresh perspective.

Experience RSM US. Experience the power of being understood.

RSM is an equal opportunity/affirmative action employer. Minorities/Females/Disabled/Veterans.