Billing Engineer

Job Description

Role & responsibilities Billing and Invoicing : Prepare and process accurate billing statements for clients based on completed work, progress milestones, and contractual agreements. Ensure that all invoicing is in compliance with contractual terms and conditions. Coordinate with project managers, engineers, and contractors to confirm quantities, rates, and any additional costs before issuing invoices. Submit invoices and follow up on payment collections with clients to ensure timely payment. Cost Management and Tracking : Review project budgets and cost reports to ensure billing is consistent with project financials. Track and report on project expenditures, including labor, materials, and subcontractor costs, ensuring they align with billing requirements. Monitor the financial progress of construction projects and provide regular updates to the project management team. Contract and Change Order Management : Review and manage construction contracts to ensure all terms related to billing are correctly reflected in invoices. Prepare and manage change orders, ensuring any deviations from the original contract are properly documented and invoiced. Coordinate with the legal and project management teams to ensure proper documentation and approvals for changes in scope. Reconciliation and Dispute Resolution : Reconcile project costs with billing to ensure accuracy and identify any discrepancies. Investigate and resolve any billing discrepancies or client disputes in a timely and professional manner. Work closely with the finance team to ensure accurate financial reporting and audits. Reporting and Documentation : Prepare detailed billing reports, including aging reports, revenue recognition, and any deviations from the project budget. Maintain accurate records of all project billing documents, contracts, and correspondence for audit purposes. Provide timely updates on project billing status and cash flow forecasts to senior management and stakeholders. Collaboration with Stakeholders : Collaborate with project managers, engineers, procurement, and other relevant teams to ensure the billing process reflects the true project status. Liaise with clients and contractors to clarify billing issues, resolve payment queries, and build strong client relationships. Attend project meetings to provide input on financial aspects and ensure alignment on billing expectations. Compliance and Audit Preparation : Ensure billing practices comply with company policies, accounting standards, and industry regulations. Prepare for and participate in internal Preferred candidate profile He should be from Lucknow