At a Glance
- Tasks: Ensure timely billing and accurate invoicing while managing customer accounts effectively.
- Company: Dynamic investment firm with a focus on innovation and collaboration.
- Benefits: Competitive salary, gym access, private health insurance, and generous holiday allowance.
- Other info: International work culture with fantastic career growth opportunities.
- Why this job: Join a vibrant team and make a real impact on cash flow and customer relationships.
- Qualifications: 2-3 years experience in a regulated environment and an accounting degree preferred.
The predicted salary is between 35000 - 45000 £ per year.
The Revenue & Billing Analyst ensures timely billing, accurate invoicing, and effective management of customer accounts, minimising bad debt while optimising cash flow.
Responsibilities
- Generate, verify, and process accurate customer invoices on time, ensuring compliance with company policies and client contracts.
- Maintain and update billing systems, records, and processes to improve efficiency.
- Resolve discrepancies in billing records or customer accounts.
- Ensure all billable products and activities are captured and invoiced correctly to avoid revenue leakage.
- Work with internal teams (sales, finance, operations) to verify data for accurate invoicing.
- Generate monthly, quarterly, and yearly billing reports; provide analysis on billing trends, revenue performance, and outstanding accounts.
- Maintain billing system integrity, update billing rates or charges, and assist in system enhancements or implementations.
- Monitor and manage outstanding customer accounts; follow up on overdue invoices, take necessary action (reminder emails, calls).
- Negotiate payment plans if necessary.
- Evaluate new and existing customers’ creditworthiness by analysing financial statements, credit reports, and payment histories; set appropriate credit limits.
- Reconcile customer accounts, ensuring payments allocated correctly and discrepancies resolved; investigate and resolve payment disputes with stakeholders.
- Build and maintain strong relationships with customers to facilitate collections and resolve billing or payment issues; serve as main point of contact.
- Prepare and present regular reports on outstanding debt, collections performance, and credit exposure; analyse debtor performance and identify trends to improve cash flow and minimise risk.
- Ensure compliance with financial regulations, industry standards, and company policies; implement and follow internal controls to ensure billing and credit process integrity.
Key Skills and Experience
- 2-3 years of experience; accounting degree (2:1 preferred).
- Previous experience in a regulated investment firm.
- Understanding of business requirements from experience working in a commercial environment.
- Ability to learn new tasks and procedures quickly.
- Experience in a varied and diverse administrative role.
- Interest in using technology to improve processes.
- Ability to manage a varied workload through effective organisational skills.
- Knowledge of Workday.
Benefits
- Competitive salary.
- Benefits including gym access, private health insurance, and pension plan.
- 24 days of annual holiday (+ bank holidays).
- International work environment with excellent career progression opportunities.
Revenue & Billing Analyst employer: Monex Europe
As a Revenue & Billing Analyst in London, you will thrive in a dynamic international work environment that prioritises employee growth and development. With competitive salaries, comprehensive benefits including gym access and private health insurance, and a strong focus on career progression, our company fosters a culture of collaboration and innovation, ensuring that every team member feels valued and empowered to make a meaningful impact.
StudySmarter Expert Advice🤫
We think this is how you could land Revenue & Billing Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with potential colleagues on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and understanding their billing processes. Be ready to discuss how your skills can help them optimise cash flow and manage customer accounts effectively.
✨Tip Number 3
Showcase your tech-savvy side! If you’ve got experience with billing systems or tools like Workday, make sure to highlight that. Companies love candidates who can hit the ground running and improve processes.
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email can keep you top of mind and show your enthusiasm for the role. Plus, it’s a great chance to reiterate how you can help them minimise risk and enhance their billing accuracy.
We think you need these skills to ace Revenue & Billing Analyst
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Revenue & Billing Analyst role. Highlight your relevant experience, especially in billing and invoicing, and don’t forget to mention any tech skills you have that could improve processes.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for us at StudySmarter. Mention specific experiences that relate to the job description and show your enthusiasm for the role.
Showcase Your Analytical Skills:Since this role involves analysing billing trends and customer accounts, make sure to highlight any analytical skills or experiences you have. We want to see how you can contribute to optimising cash flow and minimising bad debt.
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at Monex Europe
✨Know Your Numbers
As a Revenue & Billing Analyst, you'll be dealing with numbers all day. Brush up on your financial knowledge and be ready to discuss key metrics related to billing and cash flow. Familiarise yourself with common financial terms and concepts that might come up during the interview.
✨Showcase Your Problem-Solving Skills
Be prepared to share examples of how you've resolved discrepancies in billing or customer accounts in the past. Think of specific situations where you identified issues and took action to rectify them. This will demonstrate your analytical skills and ability to handle challenges effectively.
✨Familiarise Yourself with Relevant Software
Since knowledge of Workday is mentioned in the job description, make sure you understand its functionalities. If you have experience with similar billing systems, be ready to discuss how you used technology to improve processes. This shows your adaptability and eagerness to leverage tech in your role.
✨Build Rapport with Interviewers
Remember, this role involves maintaining strong relationships with customers. During the interview, practice building rapport with your interviewers. Be personable, listen actively, and engage in conversation. This will not only make you memorable but also showcase your interpersonal skills.
