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Form of workPraemium was established in 2001 with a goal to simplify and streamline the complex and time-consuming process of wealth management. Today we offer the only fully integrated platform that allows every part of an investor's wealth to be managed on a single platform. Praemium administers and reports on over $230 billion in FUA for some of Australia's largest and most reputable institutions, private wealth firms and advice practices. Offering a comprehensive and engaging investment and reporting experience for advisers to efficiently manage the wealth of Australians, Praemium is dedicated to delivering innovative technology and exceptional service to our clients.
Due to continuous growth, our busy Billings team of two is expanding to three, with a newly created Billings Officer role available. As a vital member of the team, the Bliings Officer will play a pivotal role in the monthly fee collection process for Adviser and Admin fees from our valued clients. The roles responsibilities will encompass coordinating the monthly fee run, reconciling data anomalies, mitigating potential issues, and upholding data accuracy standards to eliminate risks and errors. If you are an analytical individual with a passion for big data with previous billings experience, this role could be for you! With that being said, please note that whilst the billings team works closely with our finance team, this is not an accounting role.
Key Responsibilities:
- Meticulously reconcile monthly fee data and bank payment files.
- Ensure adherence to PDS and SLA standards before initiating fee deductions.
- Execute data integrity checks on fee Schedules and fee Rates.
- Analyze fee data for potential anomalies arising from system irregularities
- Collate final fee data, including rejections, for distribution to Advisors, RE, and Model Managers.
- Finalize accurate Finance Reports for our product offerings
- Manage Advisor queries and requests via email and Jira ticketing system
- Foster communication with internal teams and clients for effective collaboration.
Skills and experience required:
- 2 years minimum experience in a billings position
- Financial services industry experience desirable
- Intermediate excel skills encompassing data analysis and data manipulation
- Understanding of SLA’s and PDS’s with the ability to apply requirements to fees
- Strong experience with MS Office Suite and very comfortable with common cloud- based software
- Lateral & Analytical thinker with the ability to multi-task
- Proven problem-solving skills of complex issues
- Meticulous attention to detail and ability to quality check own work to a high standard
- Strong relationship building skills with internal and external stakeholders at all levels
- Eager to learn, driven, motivated with a focus on contributing to the team as well as working independently
What we provide for you to thrive in and out of work:
- A supportive work environment with hybrid working conditions - work from home and onsite, with a flexible schedule.
- Financial rewards for your contributions to our success including an incentive plan.
- Leave benefits to support you and your family, (both Mum and Dad) including paid parental leave and additional purchased leave.
- Additional benefits to assist with managing your money including novated leasing and financial wellness courses.
- A supportive and talented team that promotes diversity and inclusion.
- Freshen up before and after work when in the CBD with end of trip facilities at 367 Collins Street
- Future development opportunities in your area of interest
Please apply directly with your CV and cover letter.
Please highlight clearly in your CV and cover letter how the following correlate with the role requirements:
- Your previous experience (related to the key accountabilities of this role)
- Your skills qualifications and background
We can only accept applications from candidates with the right to work in Australia.
All successful candidates will be required to undertake a police check post appointment
