Milliman is seeking a highly motivated and detail-oriented individual to join our accounting staff as an Accounting Specialist. This professional will be responsible for invoicing clients, reviewing cash receipts, processing accounts payable, and various other accounting related administrative tasks.

Who We Are

Independent for over 75 years, Milliman delivers market-leading services and solutions to clients worldwide. Today, we are helping companies take on some of the world's most critical and complex issues, including retirement funding and healthcare financing, risk management and regulatory compliance, data analytics and business transformation.

Job Responsibilities

• Review application of cash receipts to client invoices; resolve and investigate any discrepancies
• Gather billing instructions from client facing professionals to generate invoices
• Learn our general ledger coding and various practice expense polices in order to be able to detail review and process employee expense reports
• Monitor for completion of timesheets of other practices
• Roll-up monthly timesheets for billing purposes
• Understand and generate department and practice reports from our financial statement system
• Ensure contract compliance with regard to invoicing, and ensure appropriate linkage between invoices and their respective contract
• Assist with submitting invoices to client contacts and via client portals
• Perform various departmental clerical tasks as needed (filing, invoice drafting, accounts payable filing, process refunds for client overpayments, etc.)
• Contribute to department efficiency by innovating new or different workflows for our internal processes
• Have the opportunity to develop and distribute practice and office wide financial reports
• Work with the team to maintain various client, employee, and inventory databases
• Assist with the development and implementation of both local and firm-wide initiatives and systems
• Be expected to learn, but also be willing to make improvement suggestions
• Other responsibilities as assigned

Minimum requirements

• Associate's degree in accounting, business, or related field of study or a minimum of three years of relevant work experience in accounting or finance field required; four-year Bachelor's degree preferred
• 3 or more years of experience in an accounting or finance department, preferably in a law firm or professional services environment
• Working knowledge of electronic time and billing software, programs, and concepts
• Basic knowledge of accounting and financial principles
• Strong problem-solving and analysis skills
• Strong analytical aptitude
• Basic working knowledge of all Microsoft Office products
• Advanced proficiency with Microsoft Excel
• Experience with professional services billing operations, with contract compliance preferred
• Any programming (C+, C++, Python, etc) and/or database management experience (SQL, PowerBI, Power Query, etc) preferred

Competencies and Behaviors that Support Success in this Role

• Resourcefulness, creativity, and initiative - independently and instinctively seeks out information, ideas, and solutions; can develop procedures and solutions from scratch and improve current ones
• Effective communication - clearly communicates (orally and in writing) in a helpful and succinct manner; considers their audience and communicates appropriately
• Exceptional organization - has a natural tendency to bring about order, logic, and effectiveness to procedures and systems; enjoys organizing
• Professionalism - is kind and respectful; extends the benefit of the doubt; is trustworthy and dependable; takes ownership of work and accepts accountability; gives and receives feedback in a humble manner
• Quality and accuracy - naturally pays attention to the big and small details; takes pride in work products
• Balances independence and teamwork - knows when, how, and why to collaborate with others or work alone, depending on the task at hand
• Time management and flexibility - prioritizes work and adapts to changes; is flexible with schedule and availability to accommodate time-sensitive tasks; has "client first" mentality
• Interpersonal skills - interacts professionally and effectively with all levels of staff

The Department/Team

We are a hard-working, fun-loving team. The department manager currently oversees six accounting staff: five full-time billing specialists and one full-time accounts payable specialist. All team members are functionally cross-trained, and each is generally responsible for training the other. Our monthly work-flow ebbs and flows with respect to how busy the practices we serve are. Different practices are busier at different times of the year, but it is usually the middle-to-end of the month when this team is busiest. Collaboration between team members plays an important role in the success of the department. Certain workflows have more interdependence on the team than others, but otherwise, collaboration ensures we can retain flexible scheduling, while also ensuring business continuity.

We are a part of the operational team that supports our office. We partner with the Human Resources and Facilities teams to accomplish things like employee on-boarding, policy drafting and enforcement, and other practice-specific tasks. The total team has occasional virtual social events and enjoys camaraderie when working side-by-side on office wide initiatives.

Within Milliman, our particular work group is a shared-services team. We are responsible for supporting five practices (aka business units). Primarily, this team handles invoice generation, review of cash application, fixed asset management, processing vendor invoices, and expense reports.

This work group is not client facing, but focused on serving and managing the client-facing professional consultants within the practices we serve. Professional consultants own the client relationships, but we help manage the details with respect to billing, ensuring contract compliance and application of special bill rates, managing the unbilled inventory, and serving as advisors to consultants for inventory management.

Salary: The salary range is $46,000 to $96,000, depending on a combination of factors, including but not limited to education, relevant work experience, qualifications, skills, certifications, location, etc.

If overall experience is less than 5 years the range would be $46,000 to $87,000; for experience of greater than 5 years, the range would be $50,000 to $96,000.

Location: It is preferred that candidates work on-site at Milwaukee, WI office. Remote candidates will be considered.

Benefits

At Milliman, we focus on creating an environment that recognizes - and meets - the personal and professional needs of the individual and their family. We offer competitive benefits which include the following based on plan eligibility:

• Medical, dental and vision coverage for employees and their dependents, including domestic partners
• A 401(k) plan with matching program, and profit sharing contribution
• Employee Assistance Program (EAP)
• A discretionary bonus program
• Paid Time Off (PTO) starts accruing on the first day of work and can be used for any reason; full-time employees will accrue 15 days of PTO per year, and employees working less than a full-time schedule will accrue PTO at a prorated amount based on hours worked
• Family building benefits, including adoption and fertility assistance and paid parental leave up to 12 weeks for employees who have worked for Milliman for at least 12 months and have worked at least 1,250 hours in the preceding 12-month period
• A minimum of 8 paid holidays
• Milliman covers 100% of the premiums for life insurance, AD&D, and both short-term and long-term disability coverage
• Flexible spending accounts allow employees to set aside pre-tax dollars to pay for dependent care, transportation, and applicable medical needs

The expected application deadline for this job is July 15, 2024.

All qualified applicants will receive consideration for employment, without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)