Billing Specialist, Finance - Retirement (Temporary Role)
Ascensus, Woodcliff Lake, NJ, United States
Invoicing Specialist
This position is primarily responsible for the timely and accurate monthly invoicing of all plans and the processing of termination plans. Essential duties and responsibilities include performing monthly audits of all asset and non-asset based invoices for accuracy and completeness, reconciling fees for asset and non-asset based plans to those fees listed in the service agreements, preparing fee processing requests based on service and compensation agreement terms, handling special invoice and manual invoice requests, preparing and reviewing partner level invoices if applicable, reconciling any payments received by check and processing to lockbox, reviewing service agreements for final invoicing of recordkeeping, miscellaneous and termination fees, processing internal conversions, preparing monthly wire and quarterly plan receivable reconciliations if applicable, reconciling final payments prior to plan liquidations, requesting termination refunds, addressing and resolving internal and external billing and finance inquiries, assisting with updating address/phone changes, updating billing systems as needed, creating and maintaining documents/procedures as needed to meet Sarbanes-Oxley requirements, and performing other duties and special projects as assigned by management. Minimum requirements include a bachelor's degree in accounting/finance or equivalent combination of training and experience preferred, 3-5 years experience with PC's and MS Office software applications, experience with AS400 is preferred but not required, detail oriented with strong organizational and time management skills, strong written and verbal communication skills, strong interpersonal skills with internal and external clients, ability to handle multiple priorities and meet deadlines, ability to work independently as well as with a team in a fast-paced environment, basic understanding of auditing concepts, account reconciliation skills and math skills, proven problem solving skills, along with an ability to quickly comprehend and analyze data, responsible for protecting, securing, and proper handling of all confidential data held by Ascensus to ensure against unauthorized access, improper transmission, and/or unapproved disclosure of information that could result in harm to Ascensus or our clients, and the I-Client philosophy and the Core Values of People Matter, Quality First and Integrity Always should be visible in your actions on a day to day basis showing your support of our organizational culture.
This position is primarily responsible for the timely and accurate monthly invoicing of all plans and the processing of termination plans. Essential duties and responsibilities include performing monthly audits of all asset and non-asset based invoices for accuracy and completeness, reconciling fees for asset and non-asset based plans to those fees listed in the service agreements, preparing fee processing requests based on service and compensation agreement terms, handling special invoice and manual invoice requests, preparing and reviewing partner level invoices if applicable, reconciling any payments received by check and processing to lockbox, reviewing service agreements for final invoicing of recordkeeping, miscellaneous and termination fees, processing internal conversions, preparing monthly wire and quarterly plan receivable reconciliations if applicable, reconciling final payments prior to plan liquidations, requesting termination refunds, addressing and resolving internal and external billing and finance inquiries, assisting with updating address/phone changes, updating billing systems as needed, creating and maintaining documents/procedures as needed to meet Sarbanes-Oxley requirements, and performing other duties and special projects as assigned by management. Minimum requirements include a bachelor's degree in accounting/finance or equivalent combination of training and experience preferred, 3-5 years experience with PC's and MS Office software applications, experience with AS400 is preferred but not required, detail oriented with strong organizational and time management skills, strong written and verbal communication skills, strong interpersonal skills with internal and external clients, ability to handle multiple priorities and meet deadlines, ability to work independently as well as with a team in a fast-paced environment, basic understanding of auditing concepts, account reconciliation skills and math skills, proven problem solving skills, along with an ability to quickly comprehend and analyze data, responsible for protecting, securing, and proper handling of all confidential data held by Ascensus to ensure against unauthorized access, improper transmission, and/or unapproved disclosure of information that could result in harm to Ascensus or our clients, and the I-Client philosophy and the Core Values of People Matter, Quality First and Integrity Always should be visible in your actions on a day to day basis showing your support of our organizational culture.