Billing associate

EY
Frankfort, KY Full Time
POSTED ON 2/27/2024 CLOSED ON 4/10/2024

What are the responsibilities and job description for the Billing associate position at EY?

EY focuses on high-ethical standards and integrity among its employees and expects all candidates to demonstrate these qualities.

At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you.

And we’re counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all.

Ernst & Young LLP's Government & Public Sector (GPS) practice offers a comprehensive suite of consulting and audit services to Federal, State, Local, and Education clients on their way to achieving mission outcomes.

We drive real and measurable change through high-performing teams, flawless work, operational expertise from across our international network, and innovative ideas that help governments build a better working world.

The Opportunity

EY's Government and Public Sector (GPS) is on the lookout for a dedicated AR cash application Associate. This position reports directly to the GPS Billing Leader and focuses on the day-to-day operations of the GPS cash application function to ensure all cash received from GPS bank accounts is applied correctly to outstanding invoices.

Key Responsibilities

In this role, you will :

Review daily bank file and accurately record cash receipts in Costpoint

Respond to all cash related inquiries and collaborate with GPS departments and other stakeholders

Allocate each cash payment to the corresponding outstanding invoice on the AR aging using the Deltek Costpoint manage cash receipts application

Maintain and oversee any unapplied cash, investigate and resolve any reconciling variances with clients, billing staff, project finance staff, General Ledger, and Treasury

Generate daily cash receipts edit reports for review and posting by the billing lead in Costpoint

Correctly assign cash receipts to the relevant GPS entity org and GL cash account

Execute write-off entries for irrecoverable balances. Make necessary cash receipt entries for any interest, discount, or short payment

Represent the cash receipt application department at AR aging meetings

Ensure compliance with GPS internal policies and procedures

Perform additional duties as assigned

Skills and Attributes for Success

Ability to collaborate with a diverse and geographically distributed team

Effective multitasking and prioritization capabilities

Exceptional attention to detail and accuracy in payment applications

Proficiency in GL concepts of debits and credits related to cash receipt posting

Strong analytical skills applicable to financial and data analysis

Familiarity with FAR 32.905 Payment documentation and process

Experience

An associate degree in Accounting, Finance, Business Administration, or a related field, or equivalent experience

Minimum of 3 years of relevant accounting, accounts receivable, and cash applications experience in a Deltek Costpoint environment

Ability to secure a government security clearance

Ideal Candidate Will Also Have

Experience with accounts receivable cash applications using Deltek Costpoint and Cognos BI reports

Proficiency in analyzing and researching various clients' web portals for invoice payment status

Strong command of Excel and other Microsoft Office products

What we offer

We offer a comprehensive compensation and benefits package where you’ll be rewarded based on your performance and recognized for the value you bring to the business.

The salary range for this job in most geographic locations in the US is $50,000 to $88,000. The salary range for New York City Metro Area, Washington State and California (excluding Sacramento) is $60,000 to $100,000.

Individual salaries within those ranges are determined through a wide variety of factors including but not limited to education, experience, knowledge, skills and geography.

In addition, our Total Rewards package includes medical and dental coverage, pension and 401(k) plans, and a wide range of paid time off options.

Under our flexible vacation policy, you’ll decide how much vacation time you need based on your own personal circumstances.

You’ll also be granted time off for designated EY Paid Holidays, Winter / Summer breaks, Personal / Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.

Continuous learning : You’ll develop the mindset and skills to navigate whatever comes next.

Success as defined by you : We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.

Transformative leadership : We’ll give you the insights, coaching and confidence to be the leader the world needs.

Diverse and inclusive culture : You’ll be embraced for who you are and empowered to use your voice to help others find theirs.

If you can demonstrate that you meet the criteria above, please contact us as soon as possible.

The exceptional EY experience. It’s yours to build.

EY Building a better working world

EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.

Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.

Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.

EY is an equal opportunity, affirmative action employer providing equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity / expression, pregnancy, genetic information, national origin, protected veteran status, disability status, or any other legally protected basis, including arrest and conviction records, in accordance with applicable law.

EY is committed to providing reasonable accommodation to qualified individuals with disabilities including veterans with disabilities.

If you have a disability and either need assistance applying online or need to request an accommodation during any part of the application process, please call 1-800-EY-HELP3, type Option 2 (HR-related inquiries) and then type Option 1 (HR Shared Services Center), which will route you to EY’s Talent Shared Services Team or email SSC Customer Support at ssc.customersupport@ey.com

Last updated : 2024-02-27

Salary : $50,000 - $88,000

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