Billing Engineer

2 - 7 years

16 - 25 Lacs

Posted:20 hours ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Key Responsibilities:

  • Billings & Invoicing:

  • Prepare and verify the bills, invoices, and progress payments for projects in accordance with contractual terms.
  • Review and analyze the contractor's work and validate billing claims to ensure accuracy.
  • Create accurate and timely invoices for ongoing projects, ensuring all work completed is billed according to the terms of the contract.
  • Assist in creating progress billing, final billing, and variation orders in alignment with the project's schedule and progress.
  • Documentation & Record Keeping:

  • Maintain and manage all project documentation related to billing, including contracts, progress reports, purchase orders, and invoices.
  • Ensure that all records are updated and maintained in compliance with company policies and regulatory standards.
  • Monitor and track project costs against budget and ensure that billing reflects actual costs incurred.
  • Quantity Surveying & Cost Management:

  • Work closely with the

    Quantity Surveyor

    to determine the quantities and types of work completed.
  • Assist in calculating work completed on-site and correlate the measurements with the appropriate billing entries.
  • Ensure proper costing of the project is done according to the approved estimates and scope of work.
  • Monitor changes to the project scope, and incorporate these changes into the billing system.
  • Project Coordination:

  • Collaborate with project managers to ensure all work is captured in the billing process.
  • Review and verify the materials, labor, and overheads as per the project cost estimate.
  • Communicate with clients, vendors, and subcontractors to gather required documentation for billing purposes.
  • Ensure that the appropriate financial data is provided to finance teams for budgeting, forecasting, and reporting.
  • Change Order Management:

  • Review and manage any change orders, variations, or additional work requirements, ensuring they are incorporated into the billing process accurately.
  • Ensure proper documentation and approval of changes before updating invoices or billing schedules.
  • Billing Reconciliation:

  • Reconcile project billing with accounts payable/receivable to ensure accuracy and minimize discrepancies.
  • Monitor payment receipts and follow up with clients on overdue or unpaid invoices.
  • Handle disputes and queries related to billing, working with clients to resolve any issues promptly.
  • Reporting & Compliance:

  • Prepare periodic billing reports for internal and external stakeholders, summarizing invoicing, costs, and payments.
  • Ensure compliance with tax regulations and contract terms in all billing processes.
  • Support audits, financial reviews, and project financial assessments as required.

Required Qualifications:

  • Bachelor's degree in

    Civil Engineering

    ,

    Mechanical Engineering

    , or related field.
  • Proven experience (3-5 years) in a

    Billing Engineer

    or similar role, preferably in construction, infrastructure, or engineering projects.
  • Strong knowledge of

    contractual terms

    ,

    billing practices

    , and

    cost management

    .
  • Experience with

    construction project management software

    (e.g.,

    Primavera

    ,

    MS Project

    ,

    ERP systems

    ).
  • Proficient in Microsoft Office (Excel, Word, and PowerPoint), with excellent knowledge of

    Excel for managing billing data

    and cost tracking.
  • Knowledge of

    construction estimating

    ,

    quantity surveying

    , and

    project documentation

    .

Preferred Qualifications:

  • Experience in working with large-scale infrastructure or commercial construction projects.
  • Certification or training in

    Quantity Surveying

    or

    Cost Engineering

    .
  • Familiarity with

    AutoCAD

    ,

    Revit

    , or other design software for verifying quantities and measurements.
  • Certifications

    such as

    RICS (Royal Institution of Chartered Surveyors)

    or

    AACE (Association for the Advancement of Cost Engineering)

    can be an added advantage.

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