Junior Billing Specialist IRC255492

Description

Accounting department is responsible for preparing the financial statements, maintaining the general ledger, paying bills, billing customers, payroll, cost accounting, financial analysis, and more.

The billing team as a part of the accounting department is responsible for the timely execution of the invoicing process, and revenue recognition according to US GAAP and AR collections.

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Requirements

MINIMUM QUALIFICATIONS:
• 2 years of experience in Finance/Accounting
• Intermediate Excel skills
• Strong verbal and written English communication skills
• Ability to work independently with minimal supervision
• Promotes collaboration, works well with others, and maintains a positive attitude
• Strong organizational skills, including attention to detail and problem-solving

PREFERRED QUALIFICATIONS:
• Bachelor’s degree in Accounting, Economics, Finance, Business Management or related field
• Experience with billing labor hours a plus and working with cross-functional teams
• Experience with Oracle ERP

Job responsibilities

This position will report to the Associate Manager, Finance and is responsible for generating complex customer invoices in a labor-based environment and performing all activities in the revenue accounting function. This position is responsible for the daily management of project set-up of customer account activity, ensuring accurate billing in a timely manner, and handling disputes on invoicing. Other responsibilities involve revenue operations activities such as helping to ensure revenue close process efficiency and effectiveness, ensuring the accuracy of revenue reporting (both from a management reporting and external reporting perspective), analyzing key trends/judgment areas, booking journal entries for revenue deferral as well as performing reconciliations and deferred revenue analysis.

• Understand and own the processes of the Company’s revenue cycle to ensure proper revenue recognition compliance with USGAAP and internal policies

• Review new contracts and purchase orders for non-standard terms and conditions and compliance and ensure that all revenue for the period is recorded and recognized according to USGAAP and the Company’s revenue policy

• Work closely with management daily to review detailed, sometimes complex, client contracts to ensure proper project set-up, billing, and revenue recognition and maintain the accuracy and integrity of customer data files

• Record monthly revenue recognition and ensure compliance with USGAAP and the Company’s internal policies

• Process customer invoices and ensure correct billable resources, hours, and rates are generated timely and accurately for Time and Materials, Fixed Price, and Cost+ professional service engagements

• Develop and maintain working relationships with Delivery, Sales, and Finance teams, handle customer queries/issues, and coordinate timely resolution

• Manage day-to-day revenue accounting functions including month-end close, reconciliation of revenue-related accounts, preparation of revenue deferrals, monthly analysis, and internal and external audit schedules

• Ensure the integrity of key processes by understanding systems, flow of transactions, internal controls and recommending efficiency and effectiveness improvements

• Partner with ERP team and other departments to streamline and automate accounting processes and transactional cycles concerning Revenue Recognition, Invoicing, and Customer Management

What we offer

Culture of caring. At GlobalLogic, we prioritize a culture of caring. Across every region and department, at every level, we consistently put people first. From day one, you’ll experience an inclusive culture of acceptance and belonging, where you’ll have the chance to build meaningful connections with collaborative teammates, supportive managers, and compassionate leaders. 

Learning and development. We are committed to your continuous learning and development. You’ll learn and grow daily in an environment with many opportunities to try new things, sharpen your skills, and advance your career at GlobalLogic. With our Career Navigator tool as just one example, GlobalLogic offers a rich array of programs, training curricula, and hands-on opportunities to grow personally and professionally.

Interesting & meaningful work. GlobalLogic is known for engineering impact for and with clients around the world. As part of our team, you’ll have the chance to work on projects that matter. Each is a unique opportunity to engage your curiosity and creative problem-solving skills as you help clients reimagine what’s possible and bring new solutions to market. In the process, you’ll have the privilege of working on some of the most cutting-edge and impactful solutions shaping the world today.

Balance and flexibility. We believe in the importance of balance and flexibility. With many functional career areas, roles, and work arrangements, you can explore ways of achieving the perfect balance between your work and life. Your life extends beyond the office, and we always do our best to help you integrate and balance the best of work and life, having fun along the way!

High-trust organization. We are a high-trust organization where integrity is key. By joining GlobalLogic, you’re placing your trust in a safe, reliable, and ethical global company. Integrity and trust are a cornerstone of our value proposition to our employees and clients. You will find truthfulness, candor, and integrity in everything we do.

About GlobalLogic

GlobalLogic, a Hitachi Group Company, is a trusted digital engineering partner to the world’s largest and most forward-thinking companies. Since 2000, we’ve been at the forefront of the digital revolution – helping create some of the most innovative and widely used digital products and experiences. Today we continue to collaborate with clients in transforming businesses and redefining industries through intelligent products, platforms, and services.