What are the responsibilities and job description for the Associate, Accounting (Billing Specialist) position at Portage Point Partners?
Portage Point Partners (Portage Point) is a business advisory, interim management and investment banking firm intensely focused on the middle market. Our blue chip team leverages bulge bracket experience in consulting, operations, finance, accounting, investment banking and investing to provide unmatched transactional, operational, financial and strategic perspectives to middle market stakeholders. The Portage Point cross-functional platform is uniquely architected to offer fully integrated capabilities and solutions that identify value capture, mitigate risk and positively impact outcomes at every stage of the ever-changing middle market business lifecycle. From ideation to monetization, Portage Point delivers excellence across transaction advisory services (TAS), transaction execution services (TES), office of the CFO (OCFO), performance improvement (PI), interim management (IM), investment banking (IB) and turnaround and financial restructuring (TRS).
Recognized for accelerated growth, Portage Point is backed by New Mountain Capital and consistently featured in rankings from Inc. 5000, The Financial Times and Consulting Magazine. This recognition is a testament to the focus on excellence, intensity and pace and ability to attract blue chip talent committed to delivering impactful solutions.
The Delivery Enablement (DE) team supports internal stakeholders by providing a robust operational backbone across TAS, TES, OCFO, PI, IM, IB and TRS. The team includes Talent Acquisition, Human Resources, Marketing, Data Analytics, Accounting & Finance and Delivery Excellence. As Portage Point continues to grow, the DE team is laser focused on scalability, quality and automation.
The Associate, Accounting role at Portage Point represents a unique opportunity for a highly motivated professional to assume a wide range of responsibilities to make a significant impact in a fast-paced, entrepreneurial environment. The Associate, Accounting will own all billing, collection and accounts payable processes and play a vital role directly impacting the financial success of the firm. They will report directly to the Controller and ensure smooth and efficient processes are implemented and optimized, they should be prepared to work within a small, collaborate team environment to manage discrete work streams.
Responsibilities
- Own the billing process, which includes overseeing and administering all invoicing responsibilities and ensuring all invoices are generated
- Proactively track outstanding client accounts and ensure timely collections of receivables
- Coordinate with engagement leaders to minimize exposure and address delays in payment while maintaining strong client relationships
- Partner with engagement leaders to optimize billing processes and develop strategies for maximizing revenue
- Partner with Data Analytics to automate invoicing process and eliminate manual routine tasks
- Address complex and custom billing requests, balancing client needs with firm objectives
- Administer key systems including engagement set up and new team member onboarding tasks
- Support internal accounting workstreams including accounts payable, payroll and expense reimbursements
- Manage compliance with time and expense standard operating procedures
- Share and manage best practices as well as lead internal trainings where required
- Contribute to creating a high-performing and inclusive culture
Qualifications
80,000 - $90,000 a year
The City of New York and the State of California require Portage Point to provide compensation information for this role. This range represents the anticipated minimum and maximum base plus bonus for this position based upon a good faith and reasonable estimate. The final compensation for this position will be set based on the applicant's qualifications (education, training and / or experience related to this role), and therefore, may fall outside the range shown, depending on the circumstances.
Salary : $80,000 - $90,000