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We are looking for an experienced Accounting/Billing Specialist to join our client's team in Indianapolis, Indiana. This role offers an excellent opportunity to manage billing processes, accounts receivable, and cash flow within the construction industry. The ideal candidate will bring expertise in handling complex project-based financial tasks and collaborating with project managers to ensure accuracy and efficiency.
Job Responsibility:
Prepare and submit monthly progress billings, including applications, service invoices, and change orders
Monitor accounts receivable aging reports, follow up on overdue accounts, and communicate with clients regarding payment statuses
Process daily cash receipts, apply payments accurately, and reconcile customer accounts
Collect and manage subcontractor and vendor lien waivers, ensuring compliance with legal requirements
Generate detailed accounts receivable reports and contribute to month-end closing procedures
Maintain precise and effective communication with clients’ accounts payable departments
Update and maintain customer files, ensuring accurate billing documentation for audits and compliance
Track and manage change orders to ensure accurate billing and timely payments
Collaborate with project managers to create accurate progress billing and maintain strong client relationships
Requirements:
Minimum of 2 years of experience in billing, accounts receivable, or a related field
Proficiency in accounting software and Microsoft Excel
Strong knowledge of construction billing cycles, including retainage and lien laws
Demonstrated ability to manage lien waivers and releases
Excellent organizational and problem-solving skills
Strong communication skills for interacting with both internal teams and external clients
Familiarity with AIA billing formats and job cost accounting
Experience in handling collections and cash applications within commercial or construction industries