Wednesday, 6 November 2013

Senior Associate - Billing

Posted by Unknown on 23:08 with No comments


  • Company

    Moodys
  • Location

    USA-NY-New York City
  • Remuneration

    Competitive
  • Position Type

    Permanent
  • Employment type

    Full time
  • Updated

    07-Nov-2013
  • eFC Ref no

    1303857
Our views matter. So will yours. Further information about "working at Moody's" is available at our Careers Page at www.moodys.com
Our views matter. So will yours. Further information about "working at Moody's" is available at our Careers Page at www.moodys.com Job Summary The Senior Associate position supports the rating agency's invoicing activities. In order to meet the above, the individual will need to have a detailed knowledge of the rating products, fee schedules and the systems used. The Senior Associate will be required to review and analyze customer fee schedule agreements; invoice preparation, review and approval; correspond with Commercial, Global Middle Office and Technology support teams. Individual will review daily transaction schedules, will work closely with and assist peers in supporting group work-load and will take lead in the preparation of period-end departmental analysis and reporting. Possessing sound knowledge of the business as well as developing strong working relationships with all teams that support the rating agency is required in order to achieve the above objective. The Senior Associate will need to have a micro perspective of the team's strategy, policies, goals and objectives. They will need to carry-out the execution of these processes and support the translation, into procedures and plans that will ensure that the above is being met. They will work closely with staff in completing group responsibilities and will take lead , as needed, in the preparation of period-end departmental analysis and reporting. Invoicing Process: Daily Preparation -   Distribute Rating Release Sheets (RRS) to group; when applicable to group. -   Verify information contained in assigned New Rating report/ RRS is accurate and consistent. -   Contact Commercial team to confirm special invoicing instructions which may differ from the posted fee schedule. -   Review and analyze relationship pricing agreements. -   Review invoice batches. -   Communicate with Commercial, Phoenix and GBS teams regarding issues, inquiries, special requests and programming issues . -   Monitor billing and holds.  Invoicing: Prepare draft invoices by -   Selecting and applying correct fee schedules. -   Calculating additional fees associated with the rating. -   Researching requests for special pricing. -   Applying appropriate discounts. -   Selecting or creating correct billing customer and Commercial team contact. -   Presenting draft invoices to manager for review. -   Processing annual fee drafts which are apportioned monthly. -   Create new templates and fee codes. -   Contribute in team concept; assist peers in managing group work-load and support team projects. -   Document the inspection and review of all invoice drafts processed. -   Approve draft invoices through billing systems for authorized designations.  Follow-up -   Follow up on unresolved invoicing issues by reviewing and answering emails. -   Assist Billing Associate with unresolved invoicing issues. -   Ensures that they are individually meeting internal policy and procedure requirements by being aware of the key controls, risks and compensating controls in his/her process flow and identifies changes in the operating and internal controls environment. -   Assist with tasks as requested.  Weekly  -   Run and review Revenue Draft report as required by group. -   Run and review New Ratings report for previous week during Billing Associate absence.  Monthly -   Apportion annual and quarterly drafts for daily processing to ensure mid-month completion date. -   Run and review annuals batch report. -   Research Lotus Notes Billing Hints to ensure completeness of manual invoicing. -   Review Face Change reports. -   Prepare CP unreported analysis. -   Assist with billing hold and accrual preparation. -   Send reports as necessary to Commercial team. -   Complete and send billing hold summary to Commercial team and Finance management. -   Run and review Annuals and Monthly reports. -   Review New Ratings report.    Technical  -   Test new invoicing features and applications. -   Prepare Phoenix/(Billing Systems) tasks to address system invoicing problems. -   Maintain current knowledge of required applications and fee schedules. -   Provide technical training and support for new associates.  Process Improvement -   Recommend ideas and enhancements. -   Attend group and departmental meetings and provide feedback.  Projects -   Assist with special projects as needed.  Documentation -   Assist with documentation of billing procedures .  Back-up -   Fill in for Billing Associates in their absence. * Undergraduate degree in finance, accounting, economics or other business discipline. * 3 to 5 years experience performing in an accounting, auditing or billing environment. * A background demonstrating the ability to work independently as well as part of a team. strong analytical and problem solving ability is necessary. * Experience working with accounting and /or billing systems required. * Good working knowledge of Microsoft Excel is a must. * Strong organizational skills and attention to detail are essential. * Candidate should possess excellent written and verbal communication skills. * Experience in working/organizing an operational process required. * Candidate must demonstrate good leadership skills. * Candidate should possess excellent written and verbal communication skills Moody's Shared Services (MSS) - Controller's Group, Finance - Billing MIS and MSS Candidates are asked to disclose securities holdings pursuant to Moody's Policy for Securities Trading. Employment is contingent upon compliance with the Policy, including remediation of positions in those holdings as necessary. MIS and MSS Candidates are asked to disclose securities holdings pursuant to Moody's Policy for Securities Trading. Employment is contingent upon compliance with the Policy, including remediation of positions in those holdings as necessary. Moody's is an equal opportunity employer.

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