Market Data Reconciliation Specialist
1 month ago
We are a dynamic technology firm seeking an experienced Billing Analyst to join our team. As a key member of our operations department, you will play a vital role in ensuring the accuracy and efficiency of our market data procurement processes.
Job OverviewThe successful candidate will be responsible for reconciling financial records from various sources, investigating discrepancies, and taking action to resolve any outstanding issues. Additionally, they will develop and implement tools to streamline reconciliation processes, provide support to other departments, and maintain accurate documentation.
Key Responsibilities- Invoice Reconciliation: Compare financial records, investigate discrepancies, and take action to resolve any outstanding issues.
- Inventory Alignment
- Inventory Update
- Reporting
- Audit & Compliance: Ensure operations adhere to regulatory requirements and internal policies.
- Market Data Invoice Reconciliation Operations Structure + Market Data Administration Service Offering
- Invoice Collection: Collect all incoming invoices related to market data services.
- Document Matching: Match invoices with corresponding purchase orders and contracts.
- Data Entry: Enter invoice data into the market data management system.
- Validation and Verification: Validate the accuracy of the invoice data against the market data services delivered.
- Discrepancy Resolution: Investigate and resolve any discrepancies identified during verification.
- Approval Workflow: Establish a multi-tiered approval process for invoice payments.
- Payment Processing: Process payments for approved invoices in a timely manner.
- Reporting and Analytics: Generate regular reports on invoice status, discrepancies, and resolutions.
- Continuous Improvement: Regularly review the reconciliation process for efficiency and effectiveness.
- Bachelor's Degree in Finance or Accounting
- Experience in Billing and Reconciliation
- Strong analytical and problem-solving skills
- Excellent communication and interpersonal skills
- Ability to work in a fast-paced environment
- Competitive Salary: $80,000 - $110,000 per year, depending on experience
- Paid Time Off and Holidays
- Health Insurance and Retirement Plan
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