Wealth Billing Specialist

World Insurance Associates, LLC. • Iselin, NJ

12d • $80,000 - $80,000 • Hybrid

About The Position

World Investment Advisors, LLC is looking to add a vibrant wealth billing professional to our roster. The candidate should be a self-starting, tech savvy professional who is comfortable managing wealth billing in Tamarac while also possessing the ability to provide excellent customer service to our management team and advisors. This position is expected to be a hybrid role between our operations and accounting teams, managing the Tamarac wealth billing process from start to finish, including: onboarding new custodians onto the Tamarac platform, setting up billing definitions and groups, running monthly/quarterly billings and submitting to custodians for processing, performing shadow billings for new acquisitions being onboarded, working directly with advisors on billing questions, preparing billing imports for Salesforce, performing reconciliations, and following up on aged receivables. Excellent time management, critical thinking, multi-tasking, attention to detail, and diligence to ensure timely completion of tasks are some of the skills required for success in this position. This position works directly with our Senior Accountant and Director of Platform Technology and Strategy and will report to our Senior Accountant.

Requirements

• A Bachelor’s degree is required.
• Degree(s) must be from a credible college or university.
• Tamarac or Envestnet wealth billing experience is required.
• Must be extraordinarily detailed oriented.
• Must be highly skilled in use of Excel Spreadsheets.
• Must be skilled in use of MS Office and have very good verbal and written skills.
• A minimum of 3-5 years of experience in a similar role is required.

Nice To Haves

• Experience within the financial services industry is strongly preferred.
• Salesforce experience is strongly preferred.

Responsibilities

• Manage the wealth billing process in Tamarac from end to end, including new account set up in the system according to specific contract terms.
• Generate, review, process and reconcile monthly and quarterly billings, submit to custodians for processing, and prepare Salesforce imports for processed billings.
• Manage account receivable collections and delinquent accounts.
• Assist with the timely execution and review of month-end billing activities, including, but not limited to account reconciliation, analysis, and reporting.
• Assist with onboarding of new acquisitions into Tamarac and perform shadow billings to compare against legacy billing systems to ensure a smooth transition to our platform.
• Provide timely and positive customer service by phone and e-mail, with advisors or clients regarding payment issues or discrepancies.
• Respond promptly to advisor requests.
• Additional projects and duties as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees