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    Billing/Revenue Specialist - Boston, United States - Marsh McLennan Companies

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    Full time
    Description

    Description:

    What can you expect:

    Marsh McLennan is looking for a Billing/Revenue Specialist to join the Controllership team. In this role, you will support the Oliver Wyman Business with all aspects of the project life cycle. This position will work closely with the Partners of the firm to prepare invoices, monitor outstanding balances, and ensure accuracy of each project in accordance with contractual terms, client guidelines and partner instruction. This position requires an individual to thrive and lead in a fast-paced environment, while juggling multiple daily tasks and deadlines.

    The Billing/Revenue specialist is responsible for overseeing the billing life cycle of numerous projects, processing of transactions and ensuring compliance with revenue recognition policies. They will also assist the Accounting Manager with training and developing the current staff of 10 professionals. This includes being able to provide support to junior staff in processes and procedures. The revenue/billing specialist should be able to identify and effectively communicate complex problems and act to remediate.

    What's in it for you?

  • Work for a global company with a strong brand.
  • A culture of internal mobility, collaboration, and extraordinary career opportunities
  • Competitive pay and outstanding benefits to help colleagues and their families live better – physically, mentally, and financially.
  • Paid time off to give back through non-profit community service.
  • Employee Resource Groups which provide access to leaders, relevant volunteer and mentoring opportunities, and interactions with counterparts in industry groups and client organizations
  • We will count on you to:

  • Have ownership of the full-cycle invoicing process to ensure timely and accurate billings and collections.
  • Keep an accurate record of all project accounts.
  • Verify project setup information aligns with supporting documentation on file.
  • Review contracts/proposals or other forms of persuasive evidence to identify unusual terms.
  • Prepare, analyze, and distribute invoices for client contracts.
  • Promptly research and respond to invoicing issues that arise with clients and communicate to controllership/business as needed, to avoid any risk in payment delays or non-payment.
  • Gather and consolidate monthly revenue data to assist in preparing files for month end reporting.
  • Identify, research, and resolve unbilled and suspense items.
  • Participate in quarterly audits and acquisition accounting.
  • Engage with the Business as needed to understand and better serve the company and clients.
  • Drive DSO initiative by maintaining and updating billing and receivable reports to present to Management.
  • Interprets, applies, and recommends changes to organizational policies and procedures.
  • What you must have:

  • Bachelor's degree in accounting or related field
  • Minimum of 5 years of accounting or finance related experience
  • Advanced Excel Skills and experience with Microsoft
  • What makes you stand out:

  • Excellent analytical and communications skills
  • High level of accuracy and attention to detail
  • Ability to manage multiple tasks in a fast-paced environment.
  • Organized, with the ability to work independently, take initiative and solve problems.
  • Comfort with use of enabling systems and technology.
  • Marsh McLennan (NYSE: MMC) is the world's leading professional services firm in the areas of risk, strategy and people. The Company's more than 85, colleagues advise clients in over countries. With annual revenue of $23 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses. Marsh provides data-driven risk advisory services and insurance solutions to commercial and consumer clients. Guy Carpenter develops advanced risk, reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities. Mercer delivers advice and technology-driven solutions that help organizations redefine the world of work, reshape retirement and investment outcomes, and unlock health and wellbeing for a changing workforce. Oliver Wyman serves as a critical strategic, economic and brand advisor to private sector and governmental clients. For more information, visit , or follow us on LinkedIn and X.

    Marsh McLennan is committed to embracing a diverse, inclusive, and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law.

    If you have a need that requires accommodation, please let us know by contacting

    Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one "anchor day" per week on which their full team will be together in person.



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