ED, Head of Billing and Collections

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Our client, the Investment Management division of a leading Investment Bank is looking for an Executive Director to head up their Accounting Services Group.  As part of the Financial Control Group, you will manage, train and supervise a team of 12 responsible for the billing & collection of fee revenue as well as the review and payment of distribution (fee sharing) expenses to external and internal brokers.



  • Provide financial expertise and strategize with the Investing and Sales organizations.
  • Develop and improve functionality to support client level profitability reporting.
  • Direct the reporting of Firm's balance sheet and P/L accounts across numerous legal entities and ensure accuracy.
  • Produce various analytics and management reports for senior business unit
  • Take part in periodic firm budget and forecast exercises including inputs used in the semi-annual regulatory stress testing.
  • Review and assess new product/account offerings to determine operational support requirements.
  • Work closely Investing, Sales, Operations, Legal, Compliance, Technology and Finance organizations.
  • Participate in all internal and external audits and regulatory exams and provide ad-hoc analysis for senior business unit and finance management.
  • Travel to office outside of Philadelphia, PA 2-3 days a week to supervise staff




  • Finance/Accounting or a related field bachelors degree required
  • 12-15 years of relevant experience in Billing and Collections
  • Strong interpersonal and communications skills, both written and oral
  • Experience collaborating with multi-location teams and developing/ managing teams
  • Ability to develop and maintain relationships at all levels across a dynamic international organization
  • Demonstrated track record of process improvement/optimization
  • Previous experience working with Mutual Funds and Fund of Funds a plus
  • Willingness to travel (hotel provided)