Job description

Billings Clerks are responsible for ensuring that all sales of a company's products and services are correctly recorded and accurate invoices are issued to clients.

Billings Clerks work within the finance function and liaise closely with sales ledger/accounts receivable and credit control, ensuring that the company receives payments within correct timeframes and that disputes are resolved efficiently.

Billings specialists are often in demand from law firms, where services must be billed regularly and accurately.

Typical billings duties include:

• Preparing monthly billings cycles and issue accurate invoices.
• Acting as first point of contact for any billing/invoice queries.
• Maintaining accurate records of invoices, payments and outstanding debtors.

Qualifications

No specific qualifications are required to work as a Billings Clerk, although good levels of numeracy and literacy will always be required by employers. Proficiency with Excel and relevant financial software is useful.

Senior roles which encompass billing responsibilities will be filled by part of fully qualified accountants, depending on the nature of the role.

Salary Snapshot

Recent salaries advertised on TopFinancialJobs (November 2009) include:

• £15-20 per hour for a temporary Performance Fees Analyst working for an investment management firm in the City of London.
• £30-35,000 per annum for a Billing Coordinator working for a Top 50 law firm in London.
• £30-40,000 per annum for a part qualified (AAT, ACCA, CIMA) accountant working as a Fee Billing Analyst for one of the world's leading financial institutions in London.

Are you a billing specialist? Would you like to contribute to our "Day in the Life of..." series? Email us at info@topfinancialjobs.co.uk for more details.