If you manage your Google Cloud resources using an Organization node, and you are a member of that Google Cloud Organization, then you must be a Billing Account Creator to create a new Cloud Billing account.
Specifically, if you are a Google Cloud user within an Organization, to perform this task, you must have the following permission.
billing.accounts.create
Organization
-An Organization is the root node of the Google Cloud hierarchy of resources.
-All Google Cloud resources that belong to an Organization are grouped under the Organization node, allowing you to define settings, permissions, and policies for all projects, folders, resources, and Cloud Billing accounts it parents.
-An Organization is associated with exactly one Domain (established with either a Google Workspace or Cloud Identity account), and is created automatically when you set up your domain in Google Cloud.
-Using an Organization, you can centrally manage your Google Cloud resources and your users' access to those resources.
This includes:
1-Proactive management: reorganize resources as needed (for example, restructuring or spinning up a new division may require new projects and folders).
2-Reactive management: an Organization resource provides a safety net to regain access to lost resources (for example, if one of your team members loses their access or leaves the company).
-The various roles and resources that are related to Google Cloud (including the organization, projects, folders, resources, and Cloud Billing accounts) are managed within the Google Cloud Console.
Check the reference: