Analyst, Accounts Receivable

About Us

MarketAxess is on a journey to digitally transform one of the world's largest financial markets, enabling the shift from analog, phone-based trading to a fully electronic marketplace. Why does this matter? Because our platform makes trading fixed-income more accessible, ultimately improving transparency, efficiency, and competition in the marketplace. Changing the way an established industry transacts is no easy feat. There will be twists and turns, because no one's ever done this before. But now, more than 2,000 clients around the world rely on our solutions, and that number is only expected to grow in the years ahead. We know where we're going. How we get there is up to us. Join us and help Take Us There.

The Role

The Accounts Receivable Analyst will support the daily execution of the Accounts Receivable function and assist with ongoing initiatives to improve efficiency, data quality, and automation across the AR process. This early career role is ideal for candidates with an Accounting or STEM background and some AR experience who are interested in applying accounting fundamentals alongside data, systems, and emerging technologies, including AI-enabled tools.

The role offers hands-on exposure to core accounting processes, internal controls, and opportunities to participate in accounting transformation and process improvement initiatives.

How You'll Help Take Us There

• Support efforts to identify opportunities to automate or streamline AR processes and reporting • Participate in accounting transformation initiatives, including evaluating and testing AI-enabled tools to improve productivity and efficiency • Assist with preparing and issuing customer invoices in accordance with contractual terms and accounting policies • Support cash application activities, including posting and reconciling customer payments • Assist with collections activities by monitoring aging reports, following up on past-due balances, and helping resolve customer billing questions • Perform accounts receivable reconciliations, including reconciling the AR subledger to the general ledger • Support month-end close activities, including reconciliations, journal entry support, and variance analysis • Maintain accurate customer account records and supporting documentation • Partner with internal teams (Sales, Billing, Operations) to resolve discrepancies and improve billing accuracy • Provide support for internal and external audits, including SOX documentation and audit requests • Adhere to internal controls, accounting policies, and compliance requirements, including segregation of duties
What We're Looking for

• Bachelor's degree in Accounting, Finance, Data Analytics, Information Systems, Computer Science, Engineering, or another STEM-related field
• 1+ years of relevant experience, including internships or co-op experience • Must be legally authorized to work in the US permanently without employment visa sponsorship required now or in the future • Interest in or exposure to data and analytics tools such as Excel (advanced), Power BI or other BI tools, Alteryx, SQL, Python, or similar technologies • Basic understanding of AR processes, internal controls, and reconciliation practices • Interest in automation, data analytics, and emerging AI applications within accounting and finance • Familiarity with NetSuite system is a plus but not required
What You Can Expect from Us

• Hybrid Environment: Our employees enjoy a mix of working in the office and from home • Free Food: We provide free lunch for employees when they are working in the office. Plus, our offices are stocked with snacks • Paid Time Off: Competitive PTO package including vacation and personal days, sick leave and charity days • Generous Parental Leave: Up to 20 weeks fully paid leave • 401(k): Dollar-for-dollar employer match up to $17,500 • Employee Stock Purchase Plan: Employees can purchase MarketAxess common stock at a discount • Wellness Stipend: We provide employees with up to $1K annually towards gym memberships, home office equipment and more • Onsite Healthcare: We offer convenient access to world-class care through Mount Sinai at our Hudson Yards location • Tuition Assistance and Professional Development: Benefit from live and on-demand learning, role-specific training, employee-led Lunch and Learns and guest speakers • Core benefits: Highly competitive medical, dental, and vision programs
For job positions in NYC, NY, and other locations where required, the estimated salary range for a new hire into this position is $60,000 USD to $75,000 USD. Actual salary may vary depending on job-related factors, which may include knowledge, skills, experience, and location. You may also be eligible for annual cash incentives, equity, and other benefit programs.

MarketAxess Corporation and its affiliates provide equal employment opportunities to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, veteran status, or any other legally protected characteristic in the location in which the candidate is applying.

All of your information will be kept confidential according to EEO guidelines.

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Analyst, Accounts Receivable | New York, NY, USA