Billing Specialist

About Alternativ:

At Alternativ, we provide an all-in-one platform to minimize the administrative distractions common to wealth advisory practices. In streamlining and automating the advisory back office (investing, tax, due diligence, asset protection, etc) through our technology solutions, our wealth advisors can focus on driving value for clients, expanding their reach, and maximizing the potential of their businesses. Our team has vast experience in the industry, coming from successful organizations such as Orrick, Amazon, Legalist, Bridge FT and CS Disco. We’re growing quickly and looking for sharp, like-minded individuals to join our team.

About this role:

We’re looking for a Billing Specialist to manage and execute the client fee billing process for our RIA platform and affiliated advisors. We’re looking for someone mathematically savvy, excellent at communication and able to meet tight deadlines, with a strong understanding of financial services and accounting.

Responsibilities include:

• Oversee and implement the client fee billing process for investment management, financial planning and consulting arrangements through the RIA platform and affiliated advisors

• Liaise with all vendors and applications responsible for calculating payouts to advisors

• Establish procedures to verify data integrity and eliminate billing errors

• Standardize and enhance current processes, develop multi-team understanding of department policies, procedures, and responsibilities. Ensure thorough documentation is in place for all processes

• Administer regulatory filings at both the state and federal levels on behalf of the firm and advisors

• Communicate daily with advisors and team members, addressing inquiries and troubleshooting requests in a timely manner

A successful candidate should have:

• 5+ years of financial services industry experience with proven ability to administrate invoicing, processing, collection, and confirmation of fees

• Bachelor’s degree in finance or accounting preferred, or equivalent industry experience

• Experience with securities and investment advisory technology applications, such as Bridge, Wealthbox, and Docusign

• Proficient experience with custodians (Schwab, TD Ameritrade, Fidelity, Goldman Sachs, Pershing, etc.)

• Direct experience with operations and billing for an RIA

• Proficient in Microsoft Platform (Outlook, Word, Excel, etc.)

• Solution-oriented with a positive attitude and excellent communication

• Ability to work independently with superior problem solving, prioritization and project-management skills.

• Excellent at managing complex processes with an attention to detail while meeting tight deadlines.