Ops Professional (for Billing Function)

Overview

On Site
BASED ON EXPERIENCE
Contract - Independent
Contract - W2

Skills

Mutual Funds
Waterfall
Data Management
Pricing
NAV
Customer Relationship Management (CRM)
System Administration
EAGLE
NetSuite
Reporting
Invoices
Revenue Recognition
GAAP
Internal Control
Dashboard
Management Information Systems
Customer Engagement
Documentation
Continuous Improvement
Workflow
Python
Scripting
Asset Management
Wealth Management
Mechanics
Workday
Oracle
SAP
Alteryx
Microsoft Power BI
Tableau
Microsoft Excel
Macros
Modeling
Document Management
Salesforce.com
Microsoft SharePoint
Fixed Income
Management
Distribution
Auditing
Regulatory Compliance
Soft Skills
Attention To Detail
Finance
Analytical Skill
Problem Solving
Conflict Resolution
Private Equity
Migration
System Implementation
Billing
Application Development
Software Modernization
Process Outsourcing
IT Service Management

Job Details

Job description:-

Title:

Ops Professional (for Billing Function)
Location: New York, NY (4 Days Onsite)
Job Description:
We are seeking a highly skilled and detail-oriented Senior Billing Specialist with extensive experience in the Asset Management industry. The role requires deep expertise in managing end-to-end billing cycles, including fee calculation, AUM data aggregation, reconciliation, and invoice generation across a variety of fund structures and distribution channels. The ideal candidate has hands-on experience with advanced billing tools, custodial platforms, and reporting systems, and can seamlessly translate complex fee arrangements into accurate billing outputs.
This individual will play a critical role in strengthening our billing governance framework, enhancing automation, reducing revenue leakage, and ensuring timely and error-free invoicing for institutional, intermediary, and private wealth clients.
End-to-End Billing Management
  • Lead the monthly, quarterly, and annual billing cycles across mutual funds, SMAs, hedge funds, and private equity vehicles.
  • Review and calculate management fees, admin fees, performance fees, breakpoints, and waterfall structures.
  • Maintain and update client-specific billing instructions, fee schedules, side letters, and negotiated terms.
Data Management & Reconciliation
  • Aggregate AUM/holdings data from multiple custodians (LPL, Schwab, Fidelity, Pershing, etc.) and ensure consistency with internal systems.
  • Perform in-depth reconciliations between:
    • Custodian feeds
    • Internal books & records
    • Pricing & NAV systems
    • CRM/contract repositories
  • Identify and resolve discrepancies proactively to ensure accurate billing outputs.
Billing System Operations
  • Operate and enhance workflows in billing engines such as:
    • Revport
    • Eagle/Advent APX Billing
    • Salesforce (contract modules)
    • Workday Financials or Oracle/NetSuite billing modules
  • Configure rules, rate cards, fee tiers, client hierarchies, and exception logic in the billing platform.
  • Partner with technology teams to drive automation and reduce manual touchpoints.
Invoice & Reporting
  • Generate, validate, and deliver invoices for institutional clients, distributors, wealth platforms, and sub-advisory relationships.
  • Coordinate with finance on revenue recognition and ensure alignment with GAAP and internal controls.
  • Maintain dashboards and MIS covering billed revenue, accruals, write-offs, and client-level profitability.
  • Process Governance & Client Interaction
  • Serve as the subject-matter expert for billing queries from clients, auditors, relationship managers, and compliance.
  • Enhance billing policies, documentation, SOPs, checklists, and control frameworks.
  • Contribute to continuous improvement initiatives, including workflow redesign and automation using tools like Power BI, Alteryx, Tableau, or Python-based scripts.
Qualifications & Skills
Mandatory Experience
  • 8+ years in a billing or revenue operations role within an Asset Management, Wealth Management, or Fund Administration organization.
  • Strong understanding of fund structures, AUM feeds, custodial platforms, and fee mechanics.
  • Technical & Tool Proficiency
  • Experience working with at least one major billing system (Revport, APX Billing, Workday, Oracle, SAP, or custodian billing engines).
  • Familiarity with data extract and reconciliation tools:
    • Alteryx
    • Power BI / Tableau
    • Excel (advanced macros, pivoting, lookups, modeling)
  • Experience with document management or contract systems (e.g., Salesforce, SharePoint).
  • Functional Expertise
  • In-depth understanding of investment products (equity, fixed income, alternatives, SMAs, model portfolios, multi-asset funds)
  • Strong command of fee structures: standard management fees, tiered breakpoints, performance fees, incentive fees, hurdle rates, distribution fees, platform fees, and negotiated institutional terms.
  • Knowledge of billing-related controls, audit trails, and compliance requirements.
Soft Skills
  • Exceptional attention to detail and accuracy in a high-stakes financial environment.
  • Strong analytical and problem-solving mindset.
  • Ability to communicate clearly with internal teams, tech partners, auditors, and high-value clients.
  • Ownership mindset with ability to thrive in fast-paced, deadline-driven environments.
Preferred Experience (Nice to Have)
  • Background in hedge fund or private equity fee calculations.
  • Exposure to custodial billing for platforms.
  • Experience in revenue assurance or fee leakage analysis.
  • Prior involvement in migration or system-implementation projects for billing engines.
Additional Job Details:

About Tanisha Systems, Inc.

Tanisha Systems, founded in 2002 in Massachusetts-*, is a leading provider of Custom Application Development and end-to-end IT Services to clients globally. We use a client-centric engagement model that combines local on-site and off-site resources with the cost, global expertise and quality advantages of off-shore operations. We deliver Custom Application Development, Application Modernization, Business Process Outsourcing and Professional IT Services from office locations in * and *.
Tanisha Systems services clients in Government, Banking & Financial Markets, Insurance, Healthcare, Retail & Consumer Goods, Energy & Utilities, Life Sciences, Telecom, Manufacturing and Transportation Industries around the globe. Our engagement model provides a flexible operational environment that empowers our clients with the right levels of control.

Want to read more about Tanisha Systems? Visit us at

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