Commercial Administrator MAR at COFACE NORTH AMERICA

Bengaluru, karnataka, India -

Full Time

Start Date

Immediate

Expiry Date

07 Jun, 26

Salary

0.0

Posted On

09 Mar, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Excel, Pivot Tables, VLOOKUP/XLOOKUP, Reconciliation Techniques, Attention To Detail, Coordination, Communication, Documentation Discipline, IFRS, VAT Regulations, SAGE, LCS, CRM, Debt Collection, Business Information

Industry

Insurance

Description

Company Description At Coface we make trade happen everyday Our 5,200 experts representing 80+ nationalities in 58 countries are united by a shared purpose: helping companies navigate through uncertainty by empowering them to make the right decisions and trade smarter in a complex world. With nearly 80 years of global experience, we offer companies a full range of solutions: Trade Credit Insurance, Business Information, Debt Collection, Single Risk insurance, Surety Bonds, Factoring — all driven by a unique data patrimony, cutting-edge technology, innovation and a deep understanding of the global economy. Joining Coface means being part of a close-knit international organization, where your ideas matter. We foster a culture of learning, collaboration and inclusion where you are given responsibilities and can see the impact of your actions. Shape the future of trade with us. Join our Happeners! Job Description MISSION : This team member will be responsible for the accurate, timely, and compliant issuance of revenue invoices to fronting partners, clients, policyholders, and related Coface entities. The role ensures revenue integrity across Credit Limit Fees, Partner Commission, Debt Collection Fees, Business Information services, and other related income streams. The position plays a critical role in maintaining billing accuracy, ensuring compliance with IFRS and VAT regulations, supporting audit requirements, and coordinating effectively with internal commercial and operational teams. MAIN RESPONSIBILITIES: A. Revenue Invoicing & Billing Administration • Ensuring invoices are raised in accordance with approved fee structures, contractual agreements, and internal policies. • Verifying accuracy of billing data received from CRM, Debt Collection (DC), and Business Information (BI) teams. • Reviewing consumption data before invoicing (BI) • Ensuring correct VAT treatment in line with applicable regulations. • Maintaining a structured billing register and invoice tracker. B. Revenue Reconciliation & System Controls • Reconcile Credit Limit Fees between LCS and SAGE systems on a periodic basis. • Ensure proper posting of revenue transactions in the accounting system. • Identify and resolve discrepancies between operational systems and financial records. • Support revenue recognition process in compliance with IFRS principles. • Assist in month-end revenue validation and reporting. C. Coordination with Fronting Partners & Clients • Share issued invoices with fronting partners and clients promptly. • Respond to billing queries professionally and within agreed timelines. • Coordinate with CRM and Commercial teams to resolve invoice-related disputes. • Liaise with DC and BI teams regarding consumption data and service confirmation prior to invoicing. • Maintain proper communication records for audit trail. D. VAT & Regulatory Compliance • Ensure invoices comply with VAT regulations and statutory requirements. • Maintain proper supporting documentation and audit trail. • Ensure invoice numbering and documentation adhere to internal controls. • Support internal and external audits by providing billing schedules and reconciliations. E. Reporting • Prepare monthly billing and revenue summary reports. • Provide reconciliation reports between operational systems (LCS) and accounting system (SAGE). • Support preparation of management dashboards and revenue analysis. • Monitor unbilled revenue and ensure timely invoicing. Qualifications • Bachelor’s Degree in Accounting, Finance, or Commerce. • Strong Excel skills (Pivot Tables, VLOOKUP/XLOOKUP, reconciliation techniques).• High attention to detail and accuracy. • Strong coordination and communication skills. • Ability to meet strict deadlines. • Strong documentation discipline. • Professional and confidential handling of financial information. Preferred not mandatory • 2–5 years of experience in insurance billing (trade credit insurance preferred). • Strong understanding of premium structures, debt collection billing, and business information services. • Knowledge of VAT regulations. • Experience with ERP/accounting systems (SAGE). • Understanding of IFRS revenue recognition principles. • Strong system reconciliation skills. • Knowledge of insurance and service-based revenue models. Additional Information Hybrid working model after the first month Great place to work: central and modern office Opportunities to learn: budget every year for training, languages platform, e-learning platform, dedicated development program… Career opportunities: Opportunity to build your career (both locally and internationally) in a large global company, one of the world leaders in its field Health care Department: Commercial - 002 Contract type (job boards): Permanent contract

Responsibilities

This role is responsible for the accurate, timely, and compliant issuance of revenue invoices to various partners and clients, ensuring revenue integrity across multiple income streams like Credit Limit Fees and service charges. Key duties involve verifying billing data accuracy, ensuring correct VAT treatment, maintaining billing records, and reconciling financial data between operational and accounting systems.