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- Tasks: Support billing needs and ensure accurate invoicing for clients.
- Company: Join a world-leading economic consultancy with a diverse team of experts.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Why this job: Be part of a team that values creativity and integrity in economic consultancy.
- Qualifications: 5+ years in billing, strong communication skills, and E-Billing knowledge.
- Other info: Opportunity to grow in a high-growth, rapidly changing organisation.
The predicted salary is between 36000 - 60000 £ per year.
About Compass Lexecon: 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 around the world, Compass Lexecon offers a global perspective on economic matters. Our economists produce creative, compelling solutions, underpinned by rigorous economic thinking and cutting-edge analysis. We have advised clients in matters before regulatory agencies and courts in over 120 jurisdictions.
The Compass Lexecon International team in EMEA, Asia Pacific and Latin America comprises over 350 economists based across 17 offices. Our diverse group of experts is known for its integrity, creative thinking, and exceptional quality work. They bring a diverse set of skills and experience in empirical analysis, combined with deep sector expertise and supported by cutting-edge data science tools and techniques. We are committed to being an equal opportunities employer and welcome applications from all suitably qualified persons regardless of protected characteristics. We believe that working in diverse teams, where everybody’s views are considered and respected, helps us to deliver work of the highest standards of quality and integrity.
About the Role: An exciting opportunity has arisen in our EMEA Finance team for a Billing Specialist. Working in a small team within the EMEA region of Compass Lexecon, this role will support the organisation's billing needs. This role is ideally suited to someone who is fully conversant in WIP and Billing, who possesses excellent communication, organisational and time management skills. The role is part of the central EMEA Finance team but is based in the heart of the business in our London office, working alongside client-facing experts.
Key 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
- Adherence to CL internal controls regarding AR and client invoicing
- Strong knowledge of E-Billing - Onboarding and uploading bills to the clients' E-Billing Platforms
- Coordinate and submit monthly budget accruals to the clients
- Updating all TK rates as per the yearly range changes (e.g., post promotion updates etc.)
- Sub-Contractor Timesheet Uploads
- Creation of New Task Codes
- Running WIP and Cost Reports on Ad-Hoc Basis
- Raising Draft Bills, Narrative Amendments, Amending Fees/Costs/Rates, Finalising Invoices
- Adding New Hire Rates
- Other Ad Hoc Projects
Qualifications and Experience:
- Professional approach to reminding internal clients to convert WIP to AR promptly
- Experience of client invoicing, ideally with billable rates in a professional services environment
- 5 years + previous EMEA-level experience in a billing role in a professional service
- Unit 4 experience desirable
- 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 skills
- Team-oriented person who is detail-focused, confident, dependable and will 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
Billing Specialist in London employer: Compass Lexecon
Contact Detail:
Compass Lexecon Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Billing Specialist in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend events, and engage on platforms like LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can land you that Billing Specialist role.
✨Tip Number 2
Prepare for interviews by researching Compass Lexecon and understanding their billing processes. We want you to show off your knowledge about WIP and E-Billing, so brush up on those skills and be ready to discuss how you can contribute to the team.
✨Tip Number 3
Practice your communication skills! As a Billing Specialist, you’ll need to liaise with various teams. We suggest doing mock interviews or even chatting with friends to get comfortable articulating your thoughts clearly and confidently.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect directly with us.
We think you need these skills to ace Billing Specialist in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Billing Specialist role. Highlight your experience with client invoicing and E-Billing, as these are key aspects of the job. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our team at Compass Lexecon. Share specific examples of your previous billing experience and how you can contribute to our success.
Showcase Your Communication Skills: Since this role requires excellent communication, make sure to demonstrate your written communication skills in your application. Clear and concise language will show us that you can effectively liaise with clients and colleagues alike.
Apply Through Our Website: We encourage you to apply through our website for the best chance of being noticed. It’s super easy, and you’ll be able to keep track of your application status. Plus, we love seeing applications come directly from our site!
How to prepare for a job interview at Compass Lexecon
✨Know Your Numbers
As a Billing Specialist, you'll be dealing with figures all day long. Brush up on your knowledge of billing rates, VAT implications, and WIP processes. Be ready to discuss how you've handled these in past roles, as it shows you understand the financial intricacies that Compass Lexecon values.
✨Showcase Your Communication Skills
This role requires excellent communication skills, so prepare to demonstrate how you've effectively liaised with clients and internal teams in the past. Think of specific examples where your communication made a difference, whether it was resolving an issue or ensuring timely invoicing.
✨Be Ready for Problem-Solving Questions
Expect questions that assess your decision-making and problem-solving abilities. Prepare examples of challenges you've faced in billing or invoicing and how you creatively resolved them. This will highlight your proactive approach, which is key for success in this role.
✨Understand E-Billing Platforms
Familiarise yourself with E-Billing systems, as this is crucial for the position. If you have experience with specific platforms, mention them during the interview. If not, do some research on common E-Billing practices and be prepared to discuss how you would adapt to new systems.
