Billing Operations Specialist

Billing Operations Specialist

Job Description

CoStar Group (NASDAQ: CSGP) is a leading global provider of commercial and residential real estate information, analytics, and online marketplaces. Included in the S&P 500 Index and the NASDAQ 100, CoStar Group is on a mission to digitize the world’s real estate, empowering all people to discover properties, insights and connections that improve their businesses and lives. 

We have been living and breathing the world of real estate information and online marketplaces for over 35 years, giving us the perspective to create truly unique and valuable offerings to our customers. We’ve continually refined, transformed and perfected our approach to our business, creating a language that has become standard in our industry, for our customers, and even our competitors. We continue that effort today and are always working to improve and drive innovation. This is how we deliver for our customers, our employees, and investors. By equipping the brightest minds with the best resources available, we provide an invaluable edge in real estate. 

Role Description: We are searching for an energetic, highly motivated Billing Operations Specialist to join the growing Finance team at our state-of-the-art offices in either Richmond, VA. If you thrive in a fast-paced environment, can balance multiple priorities, and drive towards results, this is a great opportunity to join one of the fastest growing companies in the technology space!

The Billing Operations Specialist performs critical business processes related to billing and contracts on a daily and monthly basis. The key objectives of the position are to ensure high throughput and accuracy in our operations and to contribute to process improvement. This role requires critical thinking, balancing of multiple priorities, and the ability to communicate effectively with both technical and customer support teams. The Billing Operations Specialist will work both independently and in collaboration with a variety of CoStar departments including Finance, Sales, Financial Customer Service, Accounts Receivable, and Cash Applications.

Responsibilities:

• Become proficient in understanding of the contracts to cash life cycle, especially related to root cause analysis.
• Process manual contracts and operate the system processes that generate over 100,000 invoices every month.
• Ensure data integrity across the system by participating in QA control process.
• Develop an in-depth understanding of our software and service environment, including, Oracle Cloud, Third Party invoice presentment portals, and in-house Enterprise solutions.
• Track and measure critical data; review systems and reports for inconsistencies.
• Effectively balance small-scale projects and day-to-day operations.
• Partner with colleagues in Shared Services, Technology, and Sales teams to resolve issues and improve processes. Drive communication and change in a world-class organization.
• Contribute to and support the integration of business processes and newly acquired companies.
• Maintain compliance with SOX regulations.

Qualifications

• Bachelor’s Degree from an accredited, not-for-profit University or College.
• A track record of commitment to prior employers.
• 1+ years of billing operations or related experience in a dynamic corporate environment
• Ability to work within timed deadlines by prioritizing workload and understanding the priority business outcomes.
• Experience and demonstrated proficiency with Excel that includes the ability to manipulate data, filter and develop basic formulas (pivot tables and VLOOKUP’s) 
• Excellent oral and written communication skills required. 
• Experience collaborating and communicating with other internal business partners. 
• Strong focus and attention to detail. 
• Ability to be flexible and adapt to changing situations at a high growth company. 
• Evidence of strong academic performance in college.

What’s in it for you?

When you join CoStar Group, you’ll experience a collaborative and innovative culture working alongside the best and brightest to empower our people and customers to succeed.

We offer you generous compensation and performance-based incentives. CoStar Group also invests in your professional and academic growth with internal training, tuition reimbursement, and an inter-office exchange program.

Our benefits package includes (but is not limited to): 

• Comprehensive healthcare coverage: Medical / Vision / Dental / Prescription Drug 
• Life, legal, and supplementary insurance 
• Virtual and in-person mental health counseling services for individuals and family 
• Commuter and parking benefits 
• 401(K) retirement plan with matching contributions 
• Employee stock purchase plan 
• Paid time off 
• Tuition reimbursement 
• On-site fitness center and/or reimbursed fitness center membership costs (location dependent), with yoga studio, Pelotons, personal training, group exercise classes
• Access to CoStar Group’s Diversity, Equity, & Inclusion Employee Resource Groups 
• Complimentary gourmet coffee, tea, hot chocolate, fresh fruit, and other healthy snacks 

We welcome all qualified candidates who are currently eligible to work full-time in the United States to apply. However, please note that CoStar Group is not able to provide visa sponsorship for this position. 

CoStar Group is an Equal Employment Opportunity Employer; we maintain a drug-free workplace and perform pre-employment substance abuse testing