Senior Business Analyst Accounts Receivable

Senior Business Analyst for Accounts Receivable

New York, NY

IPC is a fintech company that focuses on the human element. With a global presence, we support local markets with our advanced cloud-based trading communications and managed connectivity solutions.

Through our portfolio of communications and connectivity solutions, we focus on solving business challenges and adapting to regulatory changes in the fast-paced global financial markets. This enables our clients to maintain consistent market access, a strong competitive advantage, and enhanced operational efficiency.

Join a team that is dedicated to delivering groundbreaking products and making a significant impact on our clients' success.

This position reports to the Director, Global Accounts Receivable based in New York.

A Senior Business Analyst for Accounts Receivable (AR) is responsible for analyzing and improving AR processes, creating financial reports, and using data to inform strategic decisions. This role typically requires a bachelor's degree, strong analytical and Excel skills, experience with ERP systems like SAP or Oracle, and the ability to collaborate with other departments. Key duties include process improvement, automation, and ensuring the timely and accurate processing of payments and collections.

• Analyze and improve processes: Evaluate existing AR processes, identify inefficiencies, and recommend solutions to improve accuracy and speed. This can include implementing new software or features.
• Financial analysis and reporting: Develop and maintain reports and dashboards to monitor key AR metrics like Days Sales Outstanding (DSO) and to provide insights for management.
• Drive automation: Work on projects to automate AR processes, such as cash application, deduction management, and collections.
• Data management and reconciliation: Ensure the accuracy of financial data and assist with reconciliation tasks, such as comparing subledger and general ledger balances.
• Cross-functional collaboration: Work with other departments like sales, operations, and IT to align AR processes with business goals.

• Education: Bachelor's degree in Finance, Accounting, Business, or a related field, or equivalent experience.
• Technical skills:
  
  • Proficiency in Advanced Excel (complex formulas, pivot tables, macros).
  
  • Experience with ERP systems (e.g., SAP, Oracle, Net Suite).
  
  • Experience with BI and reporting tools like Power BI or Tableau is a plus.
• Analytical skills: A strong analytical and mathematical mindset with high attention to detail.
• Soft skills: Excellent communication, collaboration, and problem-solving skills. The ability to manage multiple tasks and work in a fast-paced environment is also crucial.

• Interpreting financial trends for leadership.
• Working with IT to develop a roadmap for technology implementation, such as enhancements to AR automation software like High Radius.
• Calculating and ensuring the timely and accurate payment of revenue share for partners.
• Acting as a key contact for customer invoicing inquiries and helping resolve issues.

• Salesforce and Oracle Fusion experience preferable but not required.
• Detail-oriented with demonstrated oral and written communication skills.
• Strong multi-tasking skills and ability to adapt to change.
• Proficiency in using advanced Excel functions and tools for data analysis and reporting.
• Strong ability to prioritize tasks and manage time effectively to meet deadlines.

Proven ability to build strong working relationships with colleagues, stakeholders, and external partners.

At IPC, your compensation is only part of the package. We are committed to investing in a range of programs and initiatives to improve the overall experience of our employees.

• Medical, Dental and Vision.
• 100% Employer Paid Short/Long Term Disability, AD&D and Life Insurance Coverage.
• Limited & Health Care Flexible Spending Accounts.
• Dependent Care Flexible Spending Account.
• Health Savings Accounts with Employer Contributions.
• Pet Insurance.
• Legal Insurance.
• Critical Illness, Hospital…