Senior Billing and Accounts Receivable Analyst (Financial Administration) in London

About Charles River Associates: Charles River Associates is a leading global consulting firm that provides economic, financial, and business management expertise to major law firms, corporations, and governments around the world. CRA advises clients on economic and financial matters pertaining to litigation and regulatory proceedings, and guides corporations through critical business strategy and performance-related issues.

Location: London

Reports To: AR & Billing Manager

Position Summary: The Senior Accounts Receivable and Billing Analyst is responsible for managing the billing process, ensuring accurate invoicing, and maintaining timely collection of outstanding receivables. This role supports financial operations by reconciling accounts, analyzing billing data, and collaborating with internal teams to resolve discrepancies.

Key Responsibilities:

• Prepare draft invoices for delivery, including but not limited to getting approvals, following-up, invoice adjustments, researching data, finalizing drafts, and submitting invoices in a timely manner via email or client-specified electronic billing (“e-billing”) systems.
• Review unbilled invoices for assigned Officers in Charge (“OICs”) to ensure timely billing. Identify potential issues with unbilled invoices and recommend reserves, when necessary. Responsible for communicating concerns to the AR & Billing Manager.
• Liaise with External Consultants to ensure they are sending in weekly hours and if necessary draft invoices and liaise with Accounts Payable (“AP”) to get their invoices paid and to let AP know when clients have paid these invoices (for consultants who are paid when paid).
• Assist assigned OICs with budget updates and work in progress (“WIP”) reports for clients on an as-needed basis.
• Communicate with Executive Assistants (“EAs”) and OICs.
• Monitor accounts receivable balances and follow up on overdue accounts to ensure timely collection.
• Collaborate with Sr Accounts Receivable and Collections Accounting Associate to review aging report and discuss projects for escalation, write-off, when necessary.
• Reconcile customer accounts and resolve billing discrepancies promptly.
• Maintain detailed records of billing and collection activities for audit and reporting purposes.
• Generate and send project statements and payment reminders.
• Assist in month-end closing processes, including AR aging analysis and reporting.
• Collaborate with Practice and Finance teams to address billing inquiries and improve processes.
• Ensure compliance with internal controls, applicable accounting standards, and all current UK/ European VAT requirements.
• Generate and analyze AR and billing reports to identify trends and recommend improvements.

Qualifications:

• Bachelor degree in Accounting, Finance, or related field (or equivalent experience).
• 3–5 years of experience in accounts receivable, billing, or similar finance role.
• Ability to work independently and manage multiple priorities.
• Proficiency in ERP systems (e.g., SAP, Oracle, NetSuite) and Microsoft Excel.
• Excellent attention to detail, organizational skills, and ability to meet deadlines.
• Strong communication and problem-solving skills.

Preferred Skills:

• Experience with automated billing systems and electronic payment platforms.
• Knowledge of GAAP and SOX compliance.
• Ability to work independently and in a team environment.

To Apply: To be considered for this position, please submit your resume and cover letter.

Work Location Flexibility: CRA creates a work environment that enables our colleagues to benefit from being together in the office to best deliver on our promise of career growth, mentorship, and inclusivity. At the same time, we recognise that individuals realise a range of benefits when working from home periodically. We currently ask that individuals spend 3 to 4 days a week on average working in the office (which may include traveling to another CRA office or to a client's location), with specific days determined in coordination with your practice or team.

Our Commitment to Diversity: Charles River Associates is an equal opportunity employer (Equality Act 2010). As part of our focus on equity and inclusion, we work to ensure a fair and consistent hiring process. We celebrate diversity and we are committed to an inclusive work environment.