What are the responsibilities and job description for the Finance Analyst - Accounts Receivable - New York position at Fitch Group?
Fitch Solutions is a leading provider of insights, data and analytics. It informs investment strategies, strengthens risk management capabilities and helps identify strategic opportunities. Its analysts, lawyers, journalists and economists offer in-depth views on credit markets/risk and individual credits, ESG, developed and emerging markets, and industry sectors. Fitch Solutions is part of Fitch Group, a global leader in financial information services with operations in over 30 countries. Fitch Group is owned by Hearst.
By becoming a part of the Fitch Solutions team, you will join a group of colleagues delivering critical data, insightful research, and comprehensive analytics that empower clients to make informed decisions. You'll work in a dynamic environment where innovation is encouraged, and collaboration is key to developing solutions that address the evolving needs of global markets. With a portfolio of best-in-class, award winning brands, we offer you the opportunity to advance your career while contributing to a company known for its expertise and commitment to excellence.
Fitch Solutions is currently seeking a Financial Senior Analyst based out of our New York office.
MAIN PURPOSE OF JOB:
The Finance Analyst will be responsible for collecting outstanding debts from global customers, allocating cash, resolving invoice queries, performing account reconciliations, and supporting debtor reporting within a busy, team-oriented global Accounts Receivable department.
BACKGROUND TO THE DEPT:
The Accounts Receivable team is a global team and consists of 22 staff split between the New York and London offices. This position will be based in New York. This is a busy department, and it is important that the candidate can work well in a team environment.
MANAGER’S VIEW OF THE ROLE:
This position is a key role in the Accounts Receivable team. The role involves collecting from global customers for payment of their invoices. This is a multi million-dollar ledger with a high volume of invoicing for large values. The right candidate will hit the ground running, will be keen to learn about the Business and build solid internal and external relationships. The successful candidate will need a clear and confident manner with both the Business and our customers. The candidate should have good Accounts Receivable experience with confidence to perform account reconciliations and assist with some monthly reporting where needed. The role requires a methodical individual with an eye for detail. With good organizational skills to ensure timely, well managed collections. The successful candidate will be encouraged to bring forward ideas, challenge existing ways of working where appropriate, and contribute to continuous improvement initiatives that enhance efficiency, accuracy, and collaboration within the Accounts Receivable team.
KEY RESPONSIBILITIES:
Tasks include contacting customers by phone and email to chase outstanding invoices, maintaining detailed collection notes, allocating payments, resolving unallocated cash items, attending meetings to discuss collection issues, performing account reconciliations, and supporting monthly reporting along with other ad-hoc duties.
CANDIDATE REQUIREMENTS & COMPETENCIES:
Essential qualifications include above-average Excel skills, experience with AI software like Co Pilot, a good general education, prior experience in a global Accounts Receivable department, flexibility, teamwork, multitasking ability, pressure handling, and strong organizational and communication skills.
Experience with SAP accounting software is advantageous but not required.
Fitch is committed to providing global securities markets with objective, timely, independent and forward-looking credit opinions. To protect Fitch’s credibility and reputation, our employees must take every precaution to avoid conflicts of interest or any appearance of a conflict of interest. Should you be successful in the recruitment process at Fitch Ratings you will be asked to declare any securities holdings and other potential conflicts prior to commencing employment. If you, or your immediate family, have any holdings that may conflict with your work responsibilities, you may be asked to divest yourself of them before beginning work.
Fitch is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.
FOR NEW YORK: Expected base pay rates for the role are between $65,000 and $75,000 per year. Actual salaries will be determined on an individual basis and may vary based on factors including, but not limited to, education, training, experience, past performance, and other job-related considerations. Base pay is one component of Fitch’s total compensation package, which may also include commission earnings, discretionary bonuses, long-term incentives, and other benefits sponsored by Fitch, depending on the position.
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Salary : $65,000 - $75,000