Credit & Billing Analyst

Who We Are
Monex Europe Limited is a corporate FX and hedging provider based in the City of London and authorised by the Financial Conduct Authority as a payments services firm.
Monex Europe Limited is part of the wider financial services group, Monex S.A.P.I. de C.V. (“Monex”), a global investment-grade financial services institution. A specialist in commercial foreign exchange, the group services more than 66,000 clients worldwide. Monex’s team of experienced and professional FX specialists provide local support to corporate and institutional clients in each region of the world.
The continued growth and development of Monex Europe and the group makes it an exciting time to join the company.
Key Responsibilities

The Credit & Billing Analyst ensures timely billing, accurate invoicing, and effective management of customer accounts, minimizing bad debt while optimising cash flow. The role involves a combination of billing management, credit control, accounts reconciliation, and customer relations. 

Billing Analyst Duties

Invoicing and system maintenance

• Maintain and update billing systems, records, processes and assist in system enhancement or implementations

• Generate, verify, and process accurate customer invoices on time and resolve discrepancies in billing records or customer accounts

Revenue Assurance

• Work with various internal teams to verify the data and ensure all billable products/activities are captured and invoiced correctly to avoid revenue leakage

Reporting

• Generate billing reports and analysis on billing trends, revenue performance and outstanding accounts monthly, quarterly and yearly for management

Credit control duties

      Debt Collection

• Monitor and manage outstanding customer accounts to ensure timely payment

• Follow up on overdue invoices and negotiate payment plans if necessary, ensuring they align with company policies

Credit Risk Assessment

• Evaluate new and existing customers’ creditworthiness by analysing financial statements, credit reports, and payment histories

• Set appropriate credit limits based on risk assessments

Accounts Reconciliation

• Reconcile customer accounts, ensuring payments are correctly allocated and discrepancies resolved

Customer Relationship Management

• Serve as the main point of contact for customers regarding their accounts and build and maintain strong relationships with customers to facilitate collections and resolve billing or payment issues

Reporting and Analysis

• Prepare and present regular reports on outstanding debt, collections performance, and credit exposure

• Analyse debtor performance and identify trends to improve cash flow and minimize risk

Compliance & Internal Controls

• Ensure compliance with financial regulations, industry standards, and company policies

• Implement and follow internal controls to ensure the integrity of the billing and credit processes

General

• You will also be required to fulfil any additional duties as the business may require work individually and with the team to adhere to service level agreements

Key Skills And Experience

• 1 year of experience, Accounting Degree 2:1 preferred

• Previous experience of working within in a regulated investment firm

• Understanding of business requirements from experience of working in a commercial environment

• Ability to learn new tasks and procedures quickly

• Experience in working in a varied and diverse administrative role

• The interest to use technology where appropriate to improve processes

• The ability to manage a varied workload through effective organisation skills

• Knowledge of Workday

What We Offer

• 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