09 Apr
|
Important Group
|
Chennai
09 Apr
Important Group
Chennai
Apply on Kit Job: kitjob.in/job/47hzti
Company Overview
The Billing Specialist is responsible for preparing and processing routine monthly customer invoices in Costpoint. The ideal candidate will demonstrate strong attention to detail, an understanding of revenue recognition principles, and the ability to analyze the interdependencies between billed accounts receivable, unbilled accounts receivable, deferred revenue, and recognized revenue.
This position will support the IHS business by ensuring accurate billing based on operational inputs and contract terms. Most customers are state governments.
Job Summary and Responsibilities
Process routine monthly customer invoices in Costpoint
Review billing inputs (e.g., case data from operational systems) to ensure completeness and accuracy
Calculate invoices based on contract terms, rate structures, and billing requirements
Validate labor, expenses, and other billable elements prior to invoice generation
Reconcile billed AR, unbilled AR, deferred revenue, and revenue to ensure proper financial treatment
Understand and apply basic revenue recognition principles
Identify and resolve discrepancies between operational data and financial reporting
Maintain organized billing documentation and supporting schedules
Collaborate with operations and finance teams to ensure accurate revenue and billing alignment
Support audit requests and internal reporting requirements
Job Requirements and Qualifications
2+ years of billing experience (Costpoint or similar ERP preferred)
Strong understanding of billing mechanics and financial flow
Working knowledge of revenue recognition concepts
Ability to understand the interdependencies between:
Billed Accounts Receivable
Unbilled Accounts Receivable
Deferred Revenue
Recognized Revenue
Solid analytical and reconciliation skills
Exceptional attention to detail and accuracy
Proficiency in Excel (ability to work with data and perform calculations)
Ability to manage deadlines and prioritize effectively
Key Competencies
Financial acume
Apply on Kit Job: kitjob.in/job/47hzti
📌 Sr Associate (Chennai)
🏢 Important Group
📍 Chennai