Billing Associate

Washington, DC

Employer:

Description

Billing Associate

About Palladium:

Palladium is a global company working to design, develop anddeliver positive impact on the lives and livelihoods of people around theglobe; broaden access to health, water, power, and infrastructure; buildenduring, sustainable, and transformative institutions and market systems toaddress global challenges; and conserve the natural world. We operate in over90 countries and have a workforce of 4,000 talented, motivated, and diversestaff of all religions, races, languages, and gender identities.

This Opportunity:

ThePalladium Group has an opening for a Billing Associate within the Billingdepartment. The person in this position will be responsible for compilingand maintaining accurate and complete accounts receivable records ensuringcompany invoices are billed and collected in a timely manner and in compliancewith all applicable regulations for government contractors.

Location and Compensation:

The position is based in Palladium's Washington D.C. office.

For our prospective employees in the United States, please notethat the full-time equivalent annual base salary for this position is expectedto range from $55,000 to $65,000 and successful candidates may also be eligiblefor additional, variable incentive compensation dependent on the role. Forpart-time employees, the salary will be prorated based on the actual number ofhours worked.

Please be advised that a final salary offer will be based onvarious factors, including but not limited to your qualifications, education,experience, skills, seniority, performance, and Palladium's business ororganizational needs.

If you have any questions or concerns regarding the compensationfor this position, please do not hesitate to reach out to us. We value yourinterest in our company and appreciate the opportunity to discuss thisopportunity with you.

You and Your Career:

Ifyou are a problem-solver, collaborator, and doer, and you have used excelbefore, have good time management, and organized or very detail-oriented, weare interested in hearing from you.

We are a learning organization and provide growth opportunitiesfrom the start. We pride ourselves on giving you the freedom, resources,and guidance to chart a fulfilling career!

Reporting and Supervision:

TheBilling Associate reports to the Head of Billing. Reporting requirementsinclude:

Attendance at all weekly team meetings as required.
Regular updates with your line manager.
Monthly submission of assigned invoices and completion of other assigned tasks.
A monthly update on the status of your KRAs, as well as any other important areas of concern.
Exception reports as and when required.

The role will form part of the Finance Department and will be required to liaise closely with the Finance Team, Project Directors, and Project Operations, and other company employees.

The role will also be expected to contribute to process improvement through innovative and cost-effective proposals/ideas/suggestions as experience is gained.

PrimaryDuties and Responsibilities:

The primary responsibilities of theBilling Associate are to:

Prepares system-generated and manual invoices and supporting schedules on contracts for government and commercially priced clients under supervision.
Performs reconciliations of government cost plus vouchers within the accounting system as necessary.
Performs month-end close duties under supervision relating to project-based accounting.
Helps to maintain accurate and complete accounts receivable records ensuring company invoices are billed timely.
Assists with project setup under supervision in accounting system for project funding, billing, and revenue information.
Analyses actual government indirect rates on a regular basis compared to approve rates for billing adjustments.
Understands the differences between contract types e.g. Cost Plus Fixed Fee, Time and Materials, and Fixed Price.
Runs reports and helps compile financial packages for internal reviews.
Confirms invoice by comparing invoices to contract requirements.
Verifies billing and indirect cost rates to ensure invoices are calculating correctly.

KeyCompetencies Required:

Experience with Deltek's Costpoint preferred, but not necessary as training will be provided.
Knowledge of and experience with government contract billing and accounting.
Experience in government contract accounting, including basic knowledge of CAS and FAR provisions.
Experience with Government audits preferred.
High level of attention to detail and accuracy.
Good time management skills.

ProfessionalExpertise/Competencies Preferred:

Relevant work experience.
Prior experience in a professional services environment with preference to government contracting.

Equity,Diversity & Inclusion - Palladium is committed to embedding equity, diversity, andinclusion into everything we do. We welcome applications from all sections ofsociety and actively encourage diversity to drive innovation, creativity,success and good practice. We positively welcome and seek to ensure we achievediversity in our workforce; and that all job applicants and employees receiveequal and fair treatment regardless of their background or personalcharacteristics. These include: (but are not limited to) socio-economicbackground, age, race, gender identity and expression, religion, ethnicity,sexual orientation, disability, nationality, veteran, marital or Indigenousstatus.

Shouldyou require any adjustments or accommodations to be made due to a disability oryou are a neurodivergent individual or for any other circumstance, please emailour team at accessibility@thepalladiumgroup.com and we willbe in touch to discuss.

Safeguarding - We defineSafeguarding as "the preventative action taken by Palladium to protect ourpeople, clients and the communities we work with from harm". We are committedto ensuring that all children and adults who come into contact with Palladiumare treated with respect and are free from abuse. All successful candidates will be subject toan enhanced selection process including safeguarding-focused interviews and arigorous due diligence process.

Back