Senior Legal Billing Analyst
CBRE - Chicago, Illinois, United States, 60290
Work at CBRE
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Overview
Senior Legal Billing Analyst
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CBRE 3 days ago Be among the first 25 applicants Join to apply for the
Senior Legal Billing Analyst
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CBRE About The Role:
We are seeking a highly motivated and experienced Senior Legal Billing Analyst to join our Legal Operations team. This role is crucial to the efficient and accurate processing of legal invoices, vendor management, and legal financial transactions. This role needs a deep understanding of legal billing practices, financial processes, and payment procedures. The Senior Legal Billing Analyst will be responsible for the entire invoice lifecycle, from submission to payment, ensuring compliance with internal policies and vendor agreements. The Senior Legal Billing Analyst will also be responsible for processing settlement payments and managing wire transfers, requiring a high degree of accuracy and ensuring compliance with company policies and vendor agreements. The ability to communicate effectively with a diverse group of stakeholders, including the senior legal team, business sector representatives, outside counsel firms, and finance teams, is crucial for success in this role. This position demands a well-organized and task-oriented individual with strong critical thinking skills and the ability to shift priorities as critical matters arise.
What You'll Do:
* Invoice Processing & Management:
* Receive, review, and process high volume of legal invoices from both US and international vendors, ensuring accuracy, completeness, and compliance with billing guidelines and company policies. * Verify invoices against approved rate structures, budgets, and vendor agreements. * Identify and resolve discrepancies with vendors, including incorrect rates, missing information, and unapproved charges. * Manage the invoice lifecycle within the e-billing system, from submission to payment confirmation. * Maintain accurate records of all invoices, payments, and communications. * Supervise and track outstanding invoices and follow up with vendors as needed. * Analyze complex invoice issues, identify root causes, and develop effective solutions. * Pivot nimbly among competing priorities and requests from internal stakeholders and external vendors.
* Vendor Management:
* Assist with the onboarding of new legal vendors, including gathering vital information, setting up vendors in the e-billing system, and ensuring compliance with company policies. * Maintain and update vendor information, including contact details, billing rates, and payment terms. * Serve as a point of contact for vendor inquiries regarding invoices, payments, and billing guidelines. * Professional global communication with stakeholders including internal senior legal professionals as well as external legal vendors.
* Financial Coding & Payment Processing:
* Apply appropriate financial codes (e.g., GL codes, cost centers, project codes) to invoices to ensure accurate financial reporting. * Process payments to vendors, including check and electronic payments, adhering to established payment schedules. * Reconcile invoices with payment records and resolve any discrepancies. * Settlement & Wire Payment Processing: * Process all settlement payments accurately and timely. * Initiate and manage wire payment requests, ensuring all vital documentation and approvals are obtained. * Track and report on settlement and wire payments, including preparing monthly reports and analysis. Seniority level
Seniority level Mid-Senior level Employment type
Employment type Full-time Job function
Job function Accounting/Auditing and Finance Referrals increase your chances of interviewing at CBRE by 2x Sign in to set job alerts for “Senior Billing Analyst” roles.
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