
Financial Transactions Specialist
2 weeks ago
Job Role: Financial Transactions Specialist
Job Description:This role involves accurately preparing and processing financial transactions, including invoicing clients based on contractual agreements. Key responsibilities include reviewing contracts to understand billing terms, creating and sending invoices, ensuring timely billing, resolving discrepancies, maintaining accurate records, and providing support to internal and external stakeholders.
The Financial Transactions Specialist plays a critical role in ensuring the accuracy and efficiency of financial processes.
Key Responsibilities:
- Contract Review: Analyze contractual agreements to comprehend billing terms, payment schedules, and invoicing requirements.
- Invoice Creation and Sending: Develop and send invoices to customers in accordance with the contractual agreements.
- Timely Billing: Ensure that invoices are accurate, delivered on time, and comply with accounting standards and regulations.
- Billing Schedule Management: Manage billing schedules for contractual agreements, guaranteeing that invoices are dispatched on schedule and payments are received according to the payment schedules outlined in the contracts.
- Billing Discrepancies Resolution: Resolve billing discrepancies or disputes with customers, collaborating with internal teams and external stakeholders to resolve issues and ensure timely payments.
- Billing Record Maintenance: Preserve accurate billing records for contractual agreements, encompassing invoices, payments received, and any modifications to the billing terms or schedules.
- Financial Reporting Support: Assist in financial reporting activities, including preparing reports and analyses related to contractual billing and revenue recognition.
Required Skills and Qualifications:
- Numerical Aptitude: Possess strong numerical skills for performing calculations, reconciliations, and managing financial data accurately.
- Accounting Knowledge: Familiarity with accounting principles is beneficial for understanding financial concepts and procedures.
- Analytical Ability: Proficiency in analyzing and interpreting complex contractual terms and conditions, ensuring that billing accurately reflects the agreed-upon terms.
- Billing Software Proficiency: Skilled in utilizing billing software and systems for efficiently generating invoices, tracking payments, and managing customer accounts.
- Effective Communication: Strong communication skills for interacting with clients, internal teams, and stakeholders.
- Organizational Ability: Strong organizational skills and the capacity to prioritize tasks effectively to manage workload and meet deadlines.
Benefits:
- Positive Work Environment: Collaborative team environment fostering professional growth and development.
- Opportunities for Advancement: Opportunities for career progression and skill enhancement.
Seniority Level: Not Applicable
Employment Type: Full-time
Job Function: Accounting/Auditing and Finance
Industry: IT Services and IT Consulting
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