Corporate Finance, Billing - Contractor

$83,200 - $124,800/Yr

Icapital - Stamford, CT

Full-time

Stamford, CT

Health and Personal Care Retailers

About the position

iCapital is seeking a skilled and dynamic consultant to join our Billing team within the Corporate Finance department. This role is crucial in shaping the future of iCapital as the company scales and expands. The consultant will be involved in various financial activities, including accounting, revenue reporting, and process improvement, impacting multiple stakeholders across the organization.

Responsibilities

• Support the initiative to enhance efficiency and automation of existing revenue calculations and invoicing processes.
• Develop insightful reporting and analyses to support Finance and Data Solutions teams with actionable insights for performance reporting.
• Identify and address process gaps, implementing robust internal controls, and improving documentation for internal control processes.
• Prepare various quarterly control documents for Data Solutions billing.
• Review new client orders and understand relevant economic terms as they relate to billing and revenue recognition.
• Review new client orders in the billing system for accuracy of setup.
• Perform an analytical review of current cycle draft invoice calculations versus prior cycle invoices.
• Release quarterly and monthly invoices for manager review.
• Collaborate with client delivery managers, sales operations, finance leadership, and external client contacts to foster a culture of financial excellence.
• Review daily cash receipts and apply to client invoices as instructed by clients.
• Investigate unapplied cash with accounting for additional details from banks or clients.
• Perform level 1 collection procedures and respond to relevant client inquiries regarding invoices or banking details.
• Review expected revenue entries into the G/L and management reporting tools for accuracy.
• Prepare month-end reconciliations for AR, deferred revenue balances, and related bank accounts.
• Prepare month-over-month and quarter-over-quarter roll forward for key revenue metrics.

Requirements

• 2-4 years of corporate accounting/public accounting experience within the financial services industry
• Outstanding financial analysis skills and understanding of accounting principles and US GAAP reporting, especially as it relates to ASC606
• Experience with revenue, treasury management, accounts receivable and payable, and cash reconciliations
• Knowledge of booking journal entries and preparation of financial statements
• Data-driven thinker who can manage large data sets for efficient analyses
• Organized and detail-oriented process manager who can prioritize and communicate clearly with senior leadership
• Proficient with Microsoft Office Suite (Excel, PowerPoint, Outlook)
• Excellent verbal and written communication skills
• Able to coordinate across teams and departments to complete projects

Nice-to-haves

• CPA license is preferred but not required
• Degree in accounting is preferred but not required
• Knowledge of Oracle ORMB, NetSuite, Quickbooks, or other general ledger systems is preferred but not required
• Familiarity with SalesForce is preferred but not required

Benefits

• Hourly rate of $40 to $60
• Work in the office 4 days a week