Analyst, Accounts Payable

About the position

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. Our platform makes trading fixed-income more accessible, ultimately improving transparency, efficiency, and competition in the marketplace. This is an opportunity for an entry-level analyst to join the MarketAxess accounting team. The ideal candidate will have 1+ years of experience and will be a vital part of the finance team involved in a broad range of the firm’s expenses. This role is ideal for a proactive problem solver who strives for continuous improvement and challenges the status quo.

Responsibilities

• Perform daily accounts payable responsibilities including verifying and processing invoices, reconciling vendor statements, securing department head approvals, and ensuring timely payment
• Match invoices with purchase orders and supporting documentation
• Code and enter invoices into the accounting system accurately and promptly
• Prepare and process payment batches for approval, including checks, electronic transfers, and ACH payments
• Verify payment amounts and ensure timely and accurate payments to vendors
• Establish and maintain effective relationships with vendors
• Respond to vendor inquiries and resolve any discrepancies or issues promptly
• Determine and monitor monthly invoice reports for vendor activity
• Reconcile vendor statements with accounts payable records to ensure all invoices and payments are accurately accounted for
• Maintain the general ledger accounts payable, assisting in the coordination of quarterly audit preparation
• Maintain organized and up-to-date vendor files and documentation
• Partner with other members of the accounting team on month-end accruals, accounts payable reconciliation, and other accounting duties as needed

Requirements

• Bachelor’s degree in accounting
• 1+ years of experience
• MS Excel experience (e.g., VLOOKUP, PivotTables)
• Familiarity with NetSuite system is a plus
• Basic knowledge of data tools such as Alteryx, Python or SQL is strongly preferred
• Strong analytical, technical and problem-solving skills
• Ability to work with stakeholders across the Finance, HR, IT and Legal
• Self-motivated and proactive, with strong attention to detail
• Ability to effectively manage competing priorities and deadlines
• Strong verbal and written communication skills required
• Strong follow-through and ability to manage internal and vendor relationships

Nice-to-haves

• Familiarity with NetSuite system
• Basic knowledge of data tools such as Alteryx, Python or SQL

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