Billing Specialist (Part Time, ~ 30 hours/week)
Chicago, IL 
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Posted 1 day ago
Job Description

We are the leading provider of professional services to the middle market globally, our purpose is to instill confidence in a world of change, empowering our clients and people to realize their full potential. Our exceptional people are the key to our unrivaled, inclusive culture and talent experience and our ability to be compelling to our clients. You'll find an environment that inspires and empowers you to thrive both personally and professionally. There's no one like you and that's why there's nowhere like RSM.

Risk & Regulatory Consulting, LLC

Billing Specialist- Part Time, ~ 30 hours/week

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

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.

At RSM, we offer a competitive benefits and compensation package for all our people. We support and inspire you to prioritize your wellbeing by delivering personalized, holistic programming for your physical, emotional, financial and community wellbeing. RSM has a generous time off policy with at least 14 paid holidays, wellbeing days and associate and above access to self-managed time off. We offer flexibility in your schedule, empowering you to balance life's demands, while also maintaining your ability to serve clients. Learn more about our total rewards at .

RSM is proud to be an Affirmative Action and Equal Employment Opportunity employer. We are proud to provide our employees with tools to assist them in being successful in achieving both personal and professional goals. We welcome and support all our employees to thrive in an environment free of discrimination and harassment. As an Affirmative Action and Equal Opportunity Employer all applicants will receive consideration for employment as RSM does not tolerate discrimination and/or harassment based on race; color; creed; sincerely held religious beliefs, practices or observances; sex (including pregnancy or disabilities related to nursing); gender (including gender identity and/or gender expression); sexual orientation; HIV Status; national origin; ancestry; familial or marital status; age; physical or mental disability; citizenship; political affiliation; medical condition (including family and medical leave); domestic violence victim status; past, current or prospective service in the US uniformed service; pre-disposing genetic characteristics or any other characteristic protected under applicable federal, state or local law.

Accommodation for applicants with disabilities is available upon request in connection with the recruitment process and/or employment/partnership. 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 .

RSM does not intend to hire entry level candidates who will require sponsorship now OR in the future (i.e. F-1 visa holders). If you are a recent U.S. college / university graduate possessing 1-2 years of progressive and relevant work experience in a same or similar role to the one for which you are applying, excluding internships, you may be eligible for hire as an experienced associate.

Compensation Range: $44,700 - $71,500

Individualsselected for this role will be eligible for a discretionary bonus based on firm and individual performance.

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

 

Job Summary
Company
Start Date
As soon as possible
Employment Term and Type
Regular, Part Time
Salary and Benefits
$44,700 - $71,500

Individualsselected for this role will be eligible for a discretionary bonus based on firm and individual performance.

Required Education
Associate Degree
Required Experience
4+ years
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