Junior Finance Analyst

Monex Europe Ltd; Greater London; On-site; GBP 28,000 - 36,000; Full time

Job summary

Monex Europe Ltd in London seeks a Junior Finance Analyst to support invoicing, billing accuracy, and accounts receivable. You will help optimise cash flow, monitor debt, and collaborate with sales, finance, and operations to minimise bad debt.

The role covers revenue assurance, reporting, and system maintenance, requiring 2-3 years in a regulated environment and an accounting degree. Knowledge of Workday is a plus, with a proactive, detail-focused mindset.

Qualifications

• 2-3 years of experience; Accounting degree 2:1 preferred.
• Experience in a regulated investment firm.
• Understanding of business requirements from commercial experience.
• Ability to learn new tasks quickly.
• Experience in a varied, diverse administrative role.
• Interest in using technology to improve processes.
• Ability to manage a varied workload with good organisation.
• Knowledge of Workday.

Responsibilities

• Generate, verify, and process accurate customer invoices on time.
• Maintain and update billing systems and records.
• Resolve discrepancies in billing records or customer accounts.
• Ensure all billable products are invoiced and revenue captured.
• Collaborate with sales, finance, operations to verify invoicing data.
• Produce monthly, quarterly, yearly billing reports.
• Analyze billing trends and debt performance.
• Maintain billing system integrity and support enhancements.
• Monitor outstanding accounts and pursue timely payments.
• Negotiate payment plans within policy.
• Assess credit risk by reviewing financial data and history.
• Reconcile customer accounts and resolve payment disputes.
• Build strong customer relationships to facilitate collections.
• Prepare reports on debt, collections, and credit exposure.
• Ensure compliance with regulations and internal controls.

Skills

Experience 2-3 years

Regulated investment experience

Business requirements understanding

Learning agility

Organisational skills

Education

Accounting degree 2:1 preferred

Tools

Workday

Job description

Junior Finance Analyst | London

Monex is a leading global financial solutions provider, offering a complete set of tools to support business growth and strategic financial operations. We specialise in FX risk management and international payments, helping corporate and institutional clients design tailored FX solutions to navigate currency volatility with confidence. Our team of FX specialists implement well-considered currency strategies, offering dedicated support to help clients manage their payment needs – whether for goods, services, or direct investments. In 2023, Monex facilitated $309 billion in FX turnover, managed $10.7 billion in assets, and processed 8.5 million transactions. With offices across North America (Canada, the US, and Mexico), Asia (Singapore), and Europe (the UK, Spain, and the Netherlands), we serve over 66,000 clients worldwide. By combining global reach with deep local market expertise, Monex enhances businesses with a suite of financial solutions and FX market analysis to help optimise efficiency, mitigate currency risk, and protect margins in an increasingly complex financial landscape.

Job Overview

The Jnr Finance 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.

Invoicing

• Generate, verify, and process accurate customer invoices on time, ensuring compliance with company policies and client contracts.
• Maintain and update billing systems, records, and processes to improve efficiency.
• Resolve discrepancies in billing records or customer accounts.

Revenue Assurance

• Ensure all billable products/activities are captured and invoiced correctly to avoid revenue leakage.
• Work with various internal teams (sales, finance, and operations) to verify data for accurate invoicing.

Reporting

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

System Maintenance

• Maintain the integrity of billing systems, update billing rates or charges, and assist in system enhancements or implementations.

Debt Collection

• Monitor and manage outstanding customer accounts to ensure timely payment.
• Follow up on overdue invoices and take necessary action (e.g., reminder emails, calls).
• 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.
• Investigate and resolve payment disputes, working with internal and external stakeholders.

Customer Relationship Management

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

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.

Key Skills And Experience

• 2-3 years 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

If you like wild growth and working with happy, enthusiastic over-achievers, you'll enjoy your career with us! At Monex, we do our very best every day to ensure that we take good care of our people, as our biggest asset is our highly driven and focused Talent Culture. We strive to continuously enable our people to develop their full potential by offering the necessary tools and support to empower our people to develop professionally and to take the next step in their career here at Monex. Teamwork is a paramount part of our Talent Culture as we achieve more when we collaborate and all work together. We take pride in our familial culture with colleagues who are willing to go the extra mile for one another. We foster a culture of Health and Wellness, encouraging our colleagues to pursue healthy habits and promoting healthy lifestyles.