Billing Specialist, Family Office

KPMG•Toronto, ON

About The Position

At KPMG in Canada, our people bring their unique perspectives to Canada’s most important challenges. Here, you can build momentum that reaches beyond our business, develop skills for the future, and take ownership of your career with support at every stage. Join a firm where your career can make a difference. As an integral part of the KPMG Team, Business Enablement provides valued, responsive and cost-effective services enabling the business to have the right focus on our clients, our markets, our people, and our communities.

Requirements

College diploma; finance/accounting diploma preferred
3 years’ experience working within a Finance function an asset
Experience/expertise with a large enterprise resource planning system billing and reporting module, preferably SAP based, in a professional services environment
Knowledge of financial impacts of invoicing (including credit notes and bill reversals), ERP changes and closeouts
Intermediate to advanced Excel skills: ability to work with complex Excel templates and upload data from enterprise resource planning systems’ billing and reporting modules
Proactive, self-starter that strives for quality and excellence
Strong analytical skills
Proven ability to meet set deadlines
Ability to multi-task billing/calculations for multiple engagements
Able to build relationships with all levels of staff easily
Strong written and oral communication skills

Responsibilities

Monitor functional billing mailbox and actions tasks assigned
Review engagement letters to assess billing impacts, including identification of billing schedule, terms, etc
Set up of rush engagement numbers. Forward non-rush request for new engagement numbers to the Bridge Team Centre
Propose and finalize billing schedules with engagement Partners and/or Sr. Managers; setup and maintain schedules in SAP
Review draft bills automatically released within SAP and obtain approval for bill issuance
Regularly review engagements with engagement Partner / Sr. Manager, proposing those to be billed and determine if ERP changes or closeouts are required
Forward ERP changes and closeouts to the Processing Centre
Draft bills for review by the engagement Partner/Sr. Manager
Finalize and approve bills within SAP for Partners that have delegated this task to the Billing Specialist
Review ERP gain/loss during billing process and notify engagement Partner/Sr. Manager of any risks/issues related to ERP
Track all bills sent for review or approval to ensure reasonable turnaround time
Process bill adjustments (credit notes and bill reversals) based on consultations with or instructions from the engagement Partner
Act as the main contact for Partners, client service staff and admin assistants on all billing-related matters
Respond to and resolve billing queries or issues on a day-to-day basis
Proactively recommend changes in billing processes and procedures to make them more efficient and effective
Collaborate with peers cross functionally on workload to ensure to ensure consistency and identification of issues, trends or areas that can be optimized