Invoicing and Commission Sharing Services Analyst (Business Intelligence Team)

Invoicing and Commission Sharing Services Analyst - (Business Intelligence Team)

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 calibre of disciplined investment and industry analysis.

 About the Team

Bernstein Societe Générale Group is the Joint Venture (JV) established between Societe Générale (SG) and Alliance Bernstein to provide high quality independent research in equity and cash equity execution services. Bernstein Autonomous LLP (BA LLP) is the UK Operating Company and employing entity for the JV. 

The Business Analysis team for BA LLP partners with senior business leaders throughout the organisation to optimise 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 & administration of Commission Sharing services (CSA Programme)

Summary of Key Purposes of the Role

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.

Responsibilities

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.

Required Skills/Qualifications:

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

·          Advanced analytical skills and a passion for problem-solving

·          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 (desired fields, but not essential: finance, economics, statistics, accounting, or related areas)

·          4+ years of experience, preferably working with data

Preferred Skills/Experience (Desired, not essential)

·          Prior Experience with CommciseSell, CommciseBuy, or Markit

·          Prior Experience with managing invoicing or accounting processes

·          Prior Experience with PowerBI or similar tools

People join for the impact they can have on us. They stay for the impact we have on them. A flatter structure offers visibility and exposure beyond that of our competitors, so you know our names, and we know yours. It's personable, human, and inspires success through passion. By encouraging open mindedness and a willingness to share ideas, we have adapted to market changes and thrived through innovation. Bringing words like “hard work” and “dedication” together with “community” and “respect” has enabled us to work collaboratively and build our future together. We call this Team Spirit and it's what makes us different. It's what makes you different.

If you feel you have the required experience and qualifications, then please apply to the SG Resourcing Team, and we will manage your application. At Société Générale, we believe our people are our strength and are core to the success of our business. As such, we search for, recruit and appoint the best available person on the basis of aptitude and ability, regardless of sex, marital or civil partnership status, race, colour, nationality, ethnic or national origins, pregnancy, disability, age, sexual orientation, religion, belief or gender identity.