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Compass Lexecon is a world‑leading economic consultancy. We advise on economic issues related to competition policy, economic and financial regulation, public policy, intellectual property, and the assessment of damages across all industries. With more than 700 professionals, including 170+ Ph.D. economists, based in 25 offices worldwide, we offer a global perspective on economic matters. Our economists produce creative, compelling solutions, underpinned by rigorous economic thinking and cutting‑edge analysis.
Job Title
Billing Specialist
Location
London, United Kingdom
Responsibilities
- Review client project setup to ensure accuracy for Billing – review of billing rates, client address details, discounts, VAT implications.
- Liaison with CL and EMEA Billing Supervisors to ensure timely completion of all client invoicing monthly.
- Perform write–offs, rate changes, narrative amendments, and credit notes where applicable.
- Adhere to CL internal controls regarding AR and client invoicing.
- Strong knowledge of E‑Billing – on‑boarding and uploading bills to the client’s E‑Billing Platform.
- Coordinate and submit monthly budget accruals to the clients.
- Update all TK rates as per the yearly range changes (e.g., post‑promotion updates, etc.).
- Sub‑Contractor timesheet updates.
- Creation of new task codes.
- Run WIP and cost reports on an ad‑hoc basis.
- Raise draft bills, narrative amendments, amend fees/costs/rates, and finalize invoices.
- Add new hire rates and other ad‑hoc projects.
Qualifications and Experience
- Professional approach to reminding internal clients to convert WIP to AR promptly.
- Experience with client invoicing, ideally with billable rates in a professional services environment.
- 5+ years of previous EMEA‑level experience in a billing role within a professional services setting.
- Desirable experience with Unit 4.
- Proficient in Word and Excel.
Key Skills and Competencies
- Energetic and self‑motivated, delivery‑oriented, proactive and creative approach to work.
- Strong oral, verbal and written communication skills.
- Solid decision‑making and problem‑solving abilities.
- Team‑oriented, detail‑focused, confident, dependable, and able to lead change within the team when necessary.
- Ability to adapt to changing circumstances.
- Ability to work effectively in a high‑growth environment and in a rapidly changing organization.
- Strong knowledge of VAT in the EMEA region.
Seniority Level
Associate
Employment Type
Full‑time
Job Function
Finance
Industries
Business Consulting and Services
Compensation
£48,000.00–£52,000.00 per annum.
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Billing Specialist employer: Compass Lexecon
Contact Detail:
Compass Lexecon Recruiting Team
We think you need these skills to ace Billing Specialist
How to prepare for a job interview at Compass Lexecon
✨Know Your Numbers
As a Billing Specialist, you'll need to be comfortable with numbers and financial data. Brush up on your knowledge of billing rates, VAT implications, and E-Billing processes. Being able to discuss these topics confidently will show that you're well-prepared and understand the role.
✨Showcase Your Communication Skills
This role requires excellent communication skills, so be ready to demonstrate how you've effectively liaised with clients or team members in the past. Prepare examples of how you’ve handled challenging conversations or ensured clarity in billing processes.
✨Highlight Your Organisational Skills
With responsibilities like coordinating monthly budget accruals and managing write-offs, organisation is key. Share specific strategies or tools you use to stay organised and manage your time effectively, especially in a fast-paced environment.
✨Emphasise Teamwork and Adaptability
Compass Lexecon values teamwork and adaptability. Be prepared to discuss how you've worked within a team to achieve goals and how you've adapted to changes in previous roles. This will show that you can thrive in their dynamic environment.
