Billing & Contract Administrator, Parameta Solutions

ICAP • New York, NY

6d • Hybrid

About The Position

Parameta Solutions, the Data & Analytics division of TP ICAP Group, is seeking a highly detail-oriented and proactive Billing & Contract Administrator to join their Billing and Contract Management team in New York. This role is crucial for ensuring the accuracy, integrity, and timeliness of billing and contract processes. The administrator will review client contracts, manage monthly billing cycles, maintain data accuracy, and resolve discrepancies. This position acts as a collaborative partner to Finance, Operations, and Sales, supporting month-end revenue reporting, vendor royalty reconciliation, and accounts receivable performance. The role also contributes to continuous improvement initiatives, focusing on optimizing processes after a recent Workday ERP implementation.

Requirements

• Experience within financial services or a similarly regulated, complex environment
• Strong Accounts Receivable and billing experience, with a proven ability to execute accurate monthly billing cycles
• Experience reviewing customer contracts to ensure billing accuracy and appropriate revenue recognition
• Ability to manage client queries effectively and build strong relationships with stakeholders across functions and geographies
• High attention to detail, with strong analytical and problem-solving capabilities

Nice To Haves

• Experience with Workday, Oracle, or similar large-scale ERP systems
• Experience in a large, global, or matrixed organisation
• Understanding of internal controls, compliance requirements, and operating within a well-controlled environment

Responsibilities

• Review customer contracts to ensure alignment with agreed billing terms and revenue recognition policies prior to invoicing
• Execute and support monthly billing runs, ensuring accurate and timely invoice generation
• Maintain a centralised contract repository and uphold data integrity across billing and finance systems
• Prepare and distribute accurate vendor royalty reports in line with contractual obligations
• Partner with Accounts Receivable to reconcile customer balances, support proactive collections, and drive reductions in Days Sales Outstanding (DSO)
• Investigate and resolve billing discrepancies promptly, maintaining strong stakeholder relationships internally and externally
• Support month-end close activities, including preparation and reconciliation of unbilled revenue
• Collaborate cross-functionally to enhance invoicing workflows across Salesforce, Workday, and general ledger processes
• Identify and implement process and system improvements to optimise billing and AR operations
• Ensure adherence to internal controls and policy requirements, including identifying and escalating any breaches
• Support ongoing enhancement and optimisation of the Workday ERP platform in line with evolving business needs

Benefits

• The job description mentions that TP ICAP is building a culture where everyone plays a part in making people feel welcome, ready and willing to contribute, and that TP ICAP Accord - their Employee Network - is central to this. It also states that joining TP ICAP puts you at the heart of markets that matter, where you’ll have the freedom to innovate and act on your initiative, and that they will train you and build your abilities in your specialist area.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed