Business Intelligence - Revenue & Invoice Associate

We are looking for a New York-based Associate to join the Global Business Intelligence team. The team partners with senior business leaders throughout the organization to optimize client performance and business decision-making through data analysis and business process improvement, and responsibilities span across various analytical reporting functions as well as managerial forecasting and booking of client revenues.

The group’s responsibilities include:

·        Bespoke client analysis

·        Sales enablement functions

·        Bespoke business analysis for sales, trading, corporate marketing, management

·        Design and development of all business performance reporting/tools

·        Development and oversight of business process enhancements

·        Management of the client research fees invoicing lifecycle

·        Oversight and Administration of Commission Sharing services (CSA Program)

This role’s responsibilities will include:

CSA:

·        Client Servicing: New client onboarding; updating eligibility; managing rate card setups, pools, and follow-ups on all internal and external enquiries; responding to ad-hoc client requests.

·        Reconciliation: Performing monthly trade reconciliations with clients (or their aggregator representatives), identifying breaks, troubleshooting issues, and proposing & taking the necessary steps to resolve breaks, using proprietary and third-party platforms.

·        Troubleshooting:  Interacting with trading, sales, technology, and operation teams globally on regular basis to identify & resolve sources of breaks (FX adjustments, rate changes, special accommodations etc.).

Research Fees Invoicing:

·        Accurately tracking client contract terms and invoicing schedule in our proprietary systems.

·        Developing a deep understanding of the invoicing lifecycle and becoming an authority on all related invoicing activities for both internal and external stakeholders.

·        Working with our global Salesforce and back-office finance teams to resolve issues and inquiries related to invoicing, revenue bookings, outstanding receivables etc.

·        Booking revenues in our managerial accounting system, ensuring that invoicing is consistent with contracts and internal forecasts.

You will have the opportunity to collaborate with internal and external stakeholders across the globe, will acquire expertise in business practices related to sales, trading, research, and will develop rigorous analytical and problem-solving skills. Our team is relatively small, offering you a high level of exposure, responsibility, and opportunity for business impact.

The role is eligible an annual discretionary bonus and includes a competitive benefits package including 401(k) plan with company match, Medical/Dental/Vision, and other benefits for fertility, wellness, student loans and commuters.  Base salary range does not include bonus and/or other benefits, where applicable. Actual base salary offer will vary based on skills and experience.

We are looking for a consummate team player who is detail-oriented, has excellent verbal and written communication skills, and who can perform comfortably in a demanding environment with minimal supervision.

Basic Qualifications

·        Excellent organizational skills including the ability to gracefully manage multiple priorities

·        Demonstrated advanced analytical skills and a passion for problem-solving

·        Proven strong interpersonal skills, with the ability to collaborate across various global departments

·        Relentless intellectual curiosity and a drive to excel at the highest level

·        Bachelor's degree in a quantitative field (e.g., finance, economics, math, engineering, statistics, accounting, or related area)

·        4+ years of experience, preferably working with data

Preferred Qualifications (Desired, not required)

·        Experience with CommciseSell, CommciseBuy, or Markit

·        Experience with managing invoicing or accounting processes

·        Experience with PowerBI or similar tools

Bernstein is widely recognized as a premier global equity research and brokerage firm, with a trading platform that spans the US, Europe, and Asia. Our research and trading capabilities are sought out by leading investment managers around the world, and we have a long history of our research receiving #1 rankings for overall quality and industry knowledge. 

Research is our legacy and foundation. Our brand is defined by our Blackbooks, renowned for their in-depth quantitative forecasts and unmatched industry expertise. Our Research Analysts are thought leaders who typically have many years of direct experience in the industries they cover. Our reputation is for the very highest caliber of disciplined investment and industry analysis. 

In 2019 Bernstein acquired Autonomous Research, a highly regarded global financial services independent research firm. This acquisition further strengthened us as the preeminent provider of the highest-quality research to our clients worldwide. 

On April 1, 2024, AllianceBernstein and Societe Generale announced the official launch of Bernstein, a new joint venture expanding our global cash equities and equity research business. Clients now have unparalleled equity liquidity access and a full range of integrated services, leveraging Bernstein’s cash equities and research capabilities and Societe Generale’s equity derivatives, prime services and equity capital markets offering.