Associate, Accounts Receivable

MarketAxess•New York, NY

1d•$80,000 - $110,000•Hybrid

About The Position

The Accounts Receivable Associate will work closely with the Accounts Receivable & Revenue team, IT MIS and Product Managers to support the daily execution of the Accounts Receivable function and assist with ongoing initiatives to improve efficiency and data quality across the AR process. This role is ideal for candidates with an Accounting or STEM background who are interested in applying data analysis, process automation, and emerging technologies, including AI‑enabled tools, alongside accounting fundamentals. The role offers hands‑on exposure to core accounting processes, internal controls, and opportunities to participate in accounting transformation and process improvement initiatives.

Requirements

Bachelor’s degree in Accounting, Finance, Data Analytics, Information Systems, Computer Science, Engineering, or another STEM‑related field
2+ years of relevant experience required
Experience with data analytics tools Alteryx, SQL and Excel required
Interest in or exposure to automation, data analytics, and emerging AI applications within accounting and finance
Basic understanding of AR processes, internal controls, and reconciliation practices
Must be legally authorized to work in the US permanently without employment visa sponsorship required now or in the future

Nice To Haves

Exposure to Salesforce, Python, Power BI or other BI tools or similar technologies is a plus
Familiarity with NetSuite system is a plus but not required

Responsibilities

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
Manage analysis of large amounts of trading data to support billing and revenue recognition efforts
Modelling and impact analysis of new and proposed fee plans/fee concessions.
Evaluate new and existing agreements containing performance obligations that need to be measured or tracked.
Resolve and document any differences between provisions in a contract vs Salesforce requests.
Generate, monitor and maintain global dealer/standard fee schedules for all trading revenue streams.
Analyse discounts, rebates, and various revenue share arrangements to ensure criteria are met.
Handle various pricing-related ad-hoc projects as needed.
Assist with preparing and issuing customer invoices in accordance with contractual terms and accounting policies
Support month‑end close activities, including reconciliations, journal entry support, and variance analysis
Partner with internal teams (Sales/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

Benefits

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