- Salary
- $125k – $150k
- Location
- Park Avenue Office, United States of America · Chicago, IL · Boston, MA · Saratoga Springs, NY · Albany Office · West Conshohocken, PA
- Workplace
- Hybrid
- Type
- Full-time
- Department
- Sales
- Seniority
- Manager
- Experience
- 7+ years
- Education
- Bachelor
- Visa
- Not sponsored
- Source
- Workday
Description
Billing & Revenue Manager oversees day-to-day billing and revenue management activities and leads a team of eight, with responsibility for accurate and timely billing, strong controls, and team leadership. As the firm continues to grow through significant merger activity, the Manager will play a key role in conversions, change management, technology initiatives, and building scalable processes.
Primary Responsibilities:
Oversee day-to-day billing and revenue management activities, ensuring accuracy, timeliness, and adherence to strong internal controls.
Lead the billing workstream for mergers, from pre-close due diligence through post-close integration, including evaluating incoming firms' billing practices, transition planning and execution, and conversion to the firm's billing platform.
Lead, coach, and develop a team of 8 professionals, with accountability for performance management, staff development, and workload prioritization.
Oversee complex billing issues, exceptions, and escalations, and drive timely resolution.
Serve as a trusted partner to advisors and client-facing colleagues, responding to billing and fee inquiries with clarity and responsiveness and supporting a strong client experience.
Partner closely with Finance, Technology, business teams, and other stakeholders on initiatives and changes that impact billing and revenue.
Lead the function through business and organizational change - assessing impacts, recommending solutions, and driving implementation as the firm grows and evolves.
Proactively identify opportunities to standardize, automate, and streamline processes, improving efficiency and building scalability.
Establish and monitor key metrics, controls, and procedures to strengthen performance and reduce risk.
Communicate clearly with stakeholders around initiatives, issues, and changes, maintaining strong working relationships across the organization.
Required Qualifications:
7+ years of experience in billing, revenue management, or a related finance function, including 3+ years managing people.
Experience in wealth management, investment management, or a similarly complex financial services environment.
Hands-on experience with the Orion billing platform, including configuring fee schedules and generating quarterly bills.
Demonstrated experience supporting mergers, conversions, system implementations, or other significant organizational changes.
Proven ability to operate effectively in a dynamic, evolving environment, translating business change into practical solutions, processes, and execution plans.
Strong leadership, analytical, problem-solving, and project management skills.
Experience partnering with Technology on system enhancements, testing, automation, and implementation.
Strong communication and stakeholder-management skills, with the ability to work effectively across functions and levels of the organization, including advisors and client-facing colleagues.
Bachelor's degree or equivalent experience.
Technical & Functional Skills:Familiarity with fee-billing concepts including a range of fee structures (tiered, blended, flat, asset-based), billing methodologies (advance vs. arrears; average daily balance vs. period-end), household aggregation, and proration logic.
Experience with custodial fee-file submission (e.g., Schwab, Fidelity) is preferred.
Strong understanding of internal controls and accounting concepts as they relate to revenue and receivables.
Advanced Excel proficiency (e.g., XLOOKUP, SUMIF, pivot tables, large-data reconciliation).
Experience with Addepar or similar portfolio management and billing platforms is a plus.
What You'll Gain:A high-impact leadership role at the center of the firm's growth, leading billing integration across an active and expanding merger pipeline.
Room to grow, with exposure to senior firm leadership and increasing scope and responsibility within billing and revenue management as the function scales.
Ownership of a highly visible function with meaningful autonomy and the ability to make a lasting mark on the organization.
Compensation Range:
$125,000-$150,000
Why Cerity Partners:
Our people drive our success by working together to deliver exceptional service to our clients. Below is a glimpse of the key elements of our total rewards package:
Health, dental, and vision insurance – day 1!
401(k) savings and investment plan options with 4% match
Flexible PTO policy
Parental Leave
Financial assistance for advanced education and professional designations
Opportunity to give back time to local communities
Commuter benefits
Cerity Partners is committed to providing an environment where all individuals can be their authentic selves. We are an Equal Opportunity Employer who respects each individual and supports the diverse cultures, perspectives, and experiences of our colleagues. We are dedicated to building an inclusive and diverse workforce and will not discriminate based on race, religion, national origin, sex, sexual orientation, age, veteran status, disability status, or any other applicable characteristics protected by law.
Cerity Partners is committed to working with and providing accommodations to applicants with disabilities or special needs. For those needing accommodations, please reach out to [email protected]. Applicants must be authorized to work for any employer in the U.S.
Cerity Partners is committed to providing an environment where all individuals can be their authentic selves. We are an Equal Opportunity Employer who respects each individual and supports the diverse cultures, perspectives, and experiences of our colleagues. We are dedicated to building an inclusive and diverse workforce and will not discriminate based on race, religion, national origin, sex, sexual orientation, age, veteran status, disability status, or any other applicable characteristics protected by law.
Cerity Partners is committed to working with and providing accommodations to applicants with disabilities or special needs. For those needing accommodations, please reach out to [email protected]. Applicants must be authorized to work for any employer in the U.S.