Billing Specialist
London, United Kingdom
Business Professionals – Finance /
Permanent
/ Hybrid
Compass Lexecon is a world-leading economic consultancy. We advise on economic issues related to competition policy, economic and financial regulation, public policy and the assessment of damages, across all industries.
Established in 1977, Compass Lexecon has over 500 professional staff, including 175+ Ph.D. economists based in 23 offices globally. Our economists produce creative, compelling solutions, underpinned by rigorous economic thinking and cutting-edge analysis. We have advised clients in matters before regulatory agencies and courts in over 90 jurisdictions and worked for 84% of the current Fortune 100 companies over the last 10 years.
Compass Lexecon EMEA has over 400 employees based across 12 offices and has tripled in size over the last 5 years. Our diverse group of experts and academic affiliates is known for its integrity, creative thinking, and exceptional quality work. Our working approach is firmly grounded in shared values of integrity, excellence and collaboration.
We are committed to being an equal opportunities employer and welcome applications from all suitably qualified persons regardless protected characteristics. We believe that working in diverse teams, where everybody’s views are considered and respected, helps us to deliver work of the highest standards of quality and integrity.
About the Role:
An exciting opportunity has arisen in our EMEA Finance team for a Billing Specialist. Working in a small team within the EMEA region of Compass Lexecon this role will support the organisations billing needs. This role is ideally suited to someone who is fully conversant in WIP and Billing, who possesses excellent communication, organisational and time management skills. The role is part of the central EMEA Finance team but is based in the heart of the business in our London office, working alongside client facing experts.
Key Responsibilities:
- Review client project setup to ensure accuracy for Billing – review of billing rates, client address details, discounts, VAT implications
- Finalisation of client invoices in FTI Billing system (Elite) including review and finalization with project expert
- Liaison with CL and EMEA Billing Supervisors to ensure timely completion of all client invoicing on a monthly basis
- Perform write offs, rate changes, narrative amendments, credit notes where applicable
- Adherence to CL internal controls regarding AR and client invoicing
- E-Billing - Onboarding and Upload Bills to the clients E-Billing Platforms
- Coordinate and submit monthly budget accruals to the clients
- Updating all TK rates as per the yearly range changes. (e.g., post promotion updates etc.)
- Sub-Contractor Timesheet Uploads
- Creation of New Task Codes
- Running WIP and Cost Reports on Ad-Hoc Basis
- Raising Draft Bills, Narrative Amendments, Amending Fees/Costs/Rates, Finalising Invoices
- Adding New Hire Rates
- Other Ad Hoc Projects
Qualifications and Experience:
- Professional approach to reminding internal clients to convert WIP to AR timely
- Experience of client invoicing ideally with billable rates in a professional services environment
- 5 years + previous EMEA level experience in a billing role in a professional service
- Elite/Unit 4 experience desirable
- Proficient in Word and Excel
Key Skills and Competencies:
- Energetic and self-motivated
- Delivery orientated
- Proactive and creative approach to work
- Strong oral, verbal and written communication skills
- Solid decision making and problem-solving skills
- Team oriented person who is detail focused, confident, dependable and will lead change within the team when necessary
- Ability to adapt to changing circumstances
- Ability to work effectively in a high growth environment and in a rapidly changing organization
- Strong knowledge of VAT in the EMEA region
We appreciate that recruitment agencies may have speculative CVs that they wish to submit to Compass Lexecon. To avoid any ambiguity around fees, please note that speculative CVs received by Compass Lexecon, that have not been authorised in advance by the Recruitment team, will be ineligible for an agency fee.