Revenue Billing Specialist

Job Description

Revenue Billing Specialist | Marsh

The Tone:
This is a hybrid role at Marsh, located in Urbandale, IA, requiring at least six days a month in the office to foster collaboration and professional development. Marsh is a global leader in risk, reinsurance, capital, people, investments, and management consulting, advising clients in 130 countries with over $27 billion in annual revenue and more than 95,000 colleagues. Joining the Controllers team, this role is crucial for supporting the firm’s Partners by ensuring accurate revenue recognition and timely client invoicing. You will play a vital part in upholding Marsh’s financial guidelines and procedures, contributing directly to the firm’s operational efficiency and client satisfaction.

The TL;DR
• Role: Early Career
• Type: Hybrid
• Location: Hybrid – Urbandale, IA

• Team: Controllers team
• Mission: Evaluate project completion status monthly, ensure adherence to revenue guidelines, and manage client invoicing and payments for the firm’s Partners.
• Tech Stack: Microsoft Office

What You’ll Actually Do
• Contract Review and Project Initiation: Review contracts for each project sold by Partners, understanding contractual language to ensure proper criteria are followed, and setting up new projects as they are sold in the system.
• Revenue Recognition and Adjustment: Collaborate with Partners every month to understand the completion status of each project and accurately recognize or adjust revenue based on established guidelines and procedures.
• Client Invoicing and Payment Management: Ensure client invoices are generated and sent in strict accordance with contractual terms or specific instructions from the Partner, and proactively work with external clients to resolve outstanding payments or provide necessary backup such as expense receipts.
• Compliance and Risk Mitigation: Request and manage signed contracts or persuasive evidence for all created project codes to confirm client agreements, and actively manage the monthly forecast by alerting upper management to potential risks of revenue delays due to a lack of required documentation.
• Financial Reporting and Audit Support: Assist in running and interpreting monthly reports for case managers, addressing questions about case profitability, billing rates, and other case economics, while also providing support to the Accounting Manager on additional projects such as time-sheet reviews and internal/external audits.

The Must-Haves
• Background: Bachelor’s degree in a relevant field; professional environment experience.
• Experience: 2+ years of experience in a professional setting.
• Skills: Proficiency in Microsoft Office applications; strong customer service skills.
• Bonus: Strong oral and written communication skills; ability to manage multiple requests simultaneously, prioritize tasks, and deliver timely solutions to internal and external clients.