Market Data AP & Procurement Analyst

ICAP Management Services Ltd, Philippine Branch; Taguig; Hybrid; PHP 600,000 - 1,200,000; Full time

Job summary

TP ICAP Group in Manila seeks a skilled Market Data Analyst to oversee invoice processing, budgeting, forecasting, and cost governance for market data spend. You will collaborate with Finance, Procurement, AP, Compliance, Technology, and business stakeholders to ensure accurate cost control and vendor management.

The role emphasizes financial analytics, reconciliations, and reporting, with exposure to market data tools and vendor contracts, in a fast-paced global environment.

Qualifications

• 3-5+ years of experience in Financial Analysis, Accounts Payable, Procurement Finance, Market Data Administration, or Vendor Management
• Experience managing high-volume vendor invoices and financial reconciliations
• Experience supporting budgeting, forecasting, and financial reporting activities
• Understanding of market data vendors such as Bloomberg, LSEG, ICE, FactSet, S&P Global, CME, or exchange data providers is advantageous
• Strong financial analysis and reconciliation capabilities
• Strong budgeting and forecasting skills
• Experience with financial systems such as Oracle
• Familiarity with market data inventory and entitlement systems desirable
• Strong written and verbal communication skills
• Ability to build relationships across multiple stakeholder groups
• Capable of challenging invoice discrepancies and vendor charges constructively and professionally
• Strong attention to detail and financial accuracy
• Commercially aware with a cost-conscious mindset
• Ability to work independently and prioritize competing deadlines
• Investigative and problem-solving orientation
• Strong governance and risk mindset
• Proactive and highly organized
• Collaborative approach with strong stakeholder management skills

Responsibilities

• Review, validate, and process market data vendor invoices for accuracy, completeness, and contractual compliance
• Investigate invoice discrepancies, pricing variances, and billing exceptions with vendors and internal stakeholders
• Ensure timely invoice approvals and payment processing in accordance with company policies and payment terms
• Maintain accurate records of all invoices, credits, and supporting documentation
• Reconcile vendor invoices against contracts, entitlements, user inventories, and consumption reports
• Monitor invoice accruals and lead month-end and year-end financial close activities
• Support annual budgeting and periodic forecasting activities for market data expenditure
• Track actual spend against budgets and forecasts, highlighting variances and financial risks
• Develop and maintain financial models to support cost planning and decision-making
• Produce regular management reports and dashboards detailing spend by: Vendor / Business Unit / Cost Centre / Product / Exchange / Asset Class / Region
• Identify spending trends and opportunities for financial optimization
• Monitor market data allocations and chargeback models where applicable
• Support internal cost transparency initiatives and financial governance programs
• Verify vendor pricing against agreed contractual terms and negotiated rates
• Support contract negotiations by providing financial analysis and spend insights
• Ensure adherence to internal financial controls, procurement policies, and market data governance standard
• Maintain robust controls over financial records and expenditure reporting
• Partner with Finance, Procurement, Accounts Payable, Compliance, Technology, and Business stakeholder

Skills

Financial Analysis

Accounts Payable

Procurement Finance

Market Data Administration

Vendor Management

Tools

Oracle

TRG ACT

TRG PEAR

Calero MDM

Job description

TP ICAP Group in Manila seeks a skilled Market Data Analyst to oversee invoice processing, budgeting, forecasting, and cost governance for market data spend. You will collaborate with Finance, Procurement, AP, Compliance, Technology, and business stakeholders to ensure accurate cost control and vendor management.

The role emphasizes financial analytics, reconciliations, and reporting, with exposure to market data tools and vendor contracts, in a fast-paced global environment.