Accounts Receivable Associate

Group Overview

The TP ICAP Group is a world leading provider of market infrastructure.

Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions.

Through our people and technology, we connect clients to superior liquidity and data solutions.

The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world’s leading provider of OTC data, and an award winning all-to-all trading platform.

Founded in London in 1866, the Group operates from more than 60 offices in 27 countries. We are 5,200 people strong. We work as one to achieve our vision of being the world’s most trusted, innovative, liquidity and data solutions specialist.

About Parameta Solutions

Parameta Solutions is the Data & Analytics division of TP ICAP Group. The business provides clients with unbiased OTC content and proprietary data, in-depth insights across price discovery, risk management, benchmark and indices, and pre and post-trade analytics. Its post-trade solutions offering helps market participants control their counterparty and regulatory risks through a growing range of tools that manage balance-sheet exposure, as well as compression and optimisation services. The Data & Analytics division includes the following brands: Tullett Prebon Information, PVM Data Services, ICAP Information and Burton-Taylor Consulting.

Role Overview

The Accounts Receivable Associate plays a vital role in ensuring the financial health of the organization.

The Associate is responsible for performing various financial transactions, such as verifying, classifying, computing, posting, and recording accounts receivable data. This includes preparing bank deposits, as well as reconciling the accounts receivable ledger to ensure all payments are accounted for and correctly posted. When discrepancies arise, the Associate must swiftly verify and resolve clients' billing issues and will also be responsible for assisting in the collection of debt from clients.

Role Responsibilities

1. Day-to-day duties include processing accounts and incoming payments in line with financial policies and procedures.
2. Ensure the timely and accurate posting of cash receipts into the Workday AR operational ledger. Generate financial statements and reports that detail the status of accounts receivable, providing clear insights into the organization’s financial standing.
3. Manage client relationships and build a professional working relationship with clients and Parameta Solutions employees.
4. Perform reconciliation of all debtor balances and create aged debt reports.
5. Understand the end-to-end process flow from Salesforce to invoicing to the general ledger, and, where appropriate, work with the team leads and Senior Management, to suggest any improvements or changes, that will enhance the way in which AR operates.
6. Maintain accurate intercompany records.
7. Record all client queries and resolve them in a timely fashion.
8. Recommend and implement improvements to the systems, processes and procedures.
9. Comply with policies, guidelines and controls and monitor and report any breaches.
10. Work with IT to ensure new business is integrated into AR and to ensure AR development requirements are met.

Experience / Competences

Essential

1. Experience working in the financial services sector.
2. Experience of using Workday or other large ERP system.
3. Experience in an accounts receivable environment with experience of credit collection, managing aged debt and cash allocation.
4. Experience of answering client queries interacting with stakeholders across multiple functions and locations.
5. Experience of reporting in a KPI driven environment.
6. Experience working in an environment with internal controls. Experience of working in a Corporate/large firm environment.

Desired

1. Experience of change/project management.

Job Band & Level

1. Professional, 4

Location

Philippines - A.T. Yuchengco Centre - Taguig City