Billing Coordinator

Billing Coordinator

Full-Time 30000 - 40000 £ / year (est.) No working from home possible
Inspired Thinking Group (ITG)

At a Glance

  • Tasks: Prepare and send client invoices while ensuring accurate financial reporting.
  • Company: Join a dynamic agency with a focus on collaboration and growth.
  • Benefits: Competitive salary, flexible hours, and opportunities for professional development.
  • Other info: Fast-paced environment with potential for career advancement.
  • Why this job: Be a key player in financial success and build strong client relationships.
  • Qualifications: Experience in accounting and billing, with strong analytical skills.

The predicted salary is between 30000 - 40000 £ per year.

Reporting to the Controller, the Biller/Accounting Coordinator role ensures the proper and accurate preparation and transmittal of client invoices in accordance with our client’s revenue, production budgets, estimates and cash flow. This individual must build and maintain a strong working relationship with the Account Service and Commercial Finance team. A key responsibility will be the knowledge of all client contracts and the interpretation of its financial terms to ensure maximum financial benefit to the agency.

Responsibilities

  • Prepare and send out client invoices, track responses and ensure proper payment application
  • Work with the account teams to ensure the proper classification of fees and expenses
  • Analyze the client contract and bill according to client terms and requirements
  • Attend monthly meetings with the account teams to ensure WIP and Out of Pockets are billed or accrued on a timely basis
  • Lead and document monthly billing meetings with Account Service and Project Managers to review all active client projects

Accounts Receivable

  • Assist, as appropriate, with client AR follow up

Compliance

  • Timely revenue recognition under IFRS and GAAP guidelines

Reporting

  • Ad hoc client financial reporting and analysis
  • Perform other related duties as assigned by the Controller/VP Finance

Required skills: Accounting, Billing, Financial Analysis, Financial Reporting, Invoicing, Accounts Receivable, IFRS, GAAP.

Required languages: English.

Billing Coordinator employer: Inspired Thinking Group (ITG)

As a Billing Coordinator at our company, you will thrive in a dynamic and supportive work environment that prioritises collaboration and professional growth. We offer competitive benefits, including flexible working arrangements and opportunities for career advancement, all while being part of a team that values your contributions and fosters strong relationships across departments. Located in a vibrant area, our workplace culture encourages innovation and ensures that every employee feels valued and empowered to make a meaningful impact.

Inspired Thinking Group (ITG)

Contact Details:

Inspired Thinking Group (ITG) Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Billing Coordinator

Tip Number 1

Network like a pro! Reach out to your connections in the finance and accounting world. We all know that sometimes it’s not just what you know, but who you know. Attend industry events or join online forums to meet potential employers.

Tip Number 2

Prepare for interviews by brushing up on your knowledge of IFRS and GAAP. We want you to be able to discuss how these standards apply to billing and financial reporting. Show them you’re not just a candidate, but the candidate they need!

Tip Number 3

Practice your communication skills! As a Billing Coordinator, you’ll need to liaise with various teams. We suggest doing mock interviews with friends or using online resources to refine your ability to explain complex financial terms clearly.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing familiar faces from our community. Let’s get you that Billing Coordinator role!

We think you need these skills to ace Billing Coordinator

Accounting
Billing
Financial Analysis
Financial Reporting
Invoicing
Accounts Receivable
IFRS

Some tips for your application 🫡

Know the Role Inside Out:Before you start writing, make sure you understand the Billing Coordinator role thoroughly. Dive into the job description and highlight key responsibilities and skills. This will help us see how your experience aligns with what we’re looking for.

Tailor Your Application:Don’t just send a generic application! Customise your CV and cover letter to reflect the specific skills and experiences that match the job description. We love seeing how you can bring value to our team!

Showcase Your Financial Savvy:Since this role involves a lot of financial analysis and invoicing, make sure to highlight any relevant experience you have in these areas. Use examples that demonstrate your understanding of IFRS and GAAP guidelines, as this is crucial for us.

Keep It Professional Yet Personal:While we appreciate professionalism, don’t be afraid to let your personality shine through! A friendly tone can make your application stand out. Remember, we’re looking for someone who can build strong relationships with our teams.

How to prepare for a job interview at Inspired Thinking Group (ITG)

Know Your Numbers

Make sure you brush up on your accounting knowledge, especially around IFRS and GAAP guidelines. Be ready to discuss how you've applied these in previous roles, as this will show your understanding of the financial principles that are crucial for the Billing Coordinator position.

Understand Client Contracts

Familiarise yourself with the basics of client contracts and their financial terms. During the interview, be prepared to explain how you would interpret these terms to maximise financial benefits. This shows that you can think critically about the role and its responsibilities.

Build Relationships

Since this role involves working closely with the Account Service and Commercial Finance teams, think of examples from your past where you successfully collaborated with different departments. Highlighting your interpersonal skills will demonstrate that you can maintain strong working relationships.

Prepare for Scenario Questions

Expect questions that ask how you would handle specific billing scenarios or challenges. Practise articulating your thought process and problem-solving skills. This will help you convey your analytical abilities and readiness to tackle the responsibilities outlined in the job description.