A/R Specialist

CME Chicago Mercantile Exchange Inc.; Chicago (IL); On-site; USD 30,000 - 52,000; Full time

Job summary

CME Group, a leading derivatives marketplace, seeks an Accounts Receivable Specialist to manage proactive collections and ensure accurate aging for high-volume billing lines. You will leverage Workday, cash application software, and advanced Excel to optimize processing. A Bachelor’s degree in Finance, Accounting, or Business is preferred.

The role collaborates with cross-functional teams, supports month-end closings, and contributes to the company’s liquidity and financial health.

Qualifications

• Direct experience in B2B collections and commercial accounts receivable operations.
• Experience using Workday or comparable ERP systems.
• Familiarity with automated cash application software to optimize processing.
• Intermediate Microsoft Excel skills for data organization, analysis, and reconciliation.
• Clear, diplomatic communication with clients and internal partners.
• Bachelor’s degree in Finance, Accounting, or Business (preferred) or equivalent experience.

Responsibilities

• Manage proactive client engagement and collections for assigned accounts to secure timely settlements.
• Investigate and resolve complex billing inquiries, delays, and discrepancies with cross-functional teams.
• Identify delinquency trends and support leadership in preventive solutions.
• Use ERP and cash application platforms to streamline cash matching and reconciliation.
• Deliver structured account analyses and aging reports to stakeholders.
• Support month-end closings and account adjustments with accuracy.

Education

Bachelor’s degree in Finance, Accounting, or Business

Tools

Workday

Job description

As an Accounts Receivable Specialist at CME Group, you play a vital role in safeguarding financial precision and optimizing corporate liquidity. This position is essential to maintaining overall operational efficiency within our financial operations group, ensuring open accounts receivables balances are collected in a timely manner across high-volume billing lines. By bridging proactive client engagement with modern cash management workflows, you ensure customer accounts reflect true balances, maintain accurate aging records, and directly support the financial health of the world's leading derivatives marketplace.

What You’ll Get

• A supportive environment fostering career progression, continuous learning, and an inclusive culture.
• Broad exposure to CME's diverse products, asset classes, and cross-functional teams.
• A competitive salary and comprehensive benefits package.
• Explore our full range of benefits.

What You’ll Do

• Manage proactive client engagement and collection efforts for assigned accounts to secure timely settlement of open receivable balances.
• Investigate and resolve complex billing inquiries, payment delays, and customer account discrepancies through collaborative problem-solving.
• Identify operational trends and root causes of account delinquency, partnering with leadership to implement preventive solutions.
• Leverage enterprise financial systems and automated cash application platforms to streamline cash matching, account reconciliation, and payment workflows.
• Deliver structured account analysis and aging reports to internal stakeholders and financial leadership.
• Execute key month-end closing activities, customer account adjustments, and assigned financial projects with high attention to accuracy.

What You’ll Bring

• Demonstrate direct experience in Business-to-Business (B2B) collections and commercial accounts receivable operations.
• Utilize Workday or comparable enterprise resource planning (ERP) systems to navigate corporate financial workflows.
• Apply familiarity with modern automated cash application software to optimize daily payment processing and matching.
• Deploy intermediate Microsoft Excel capabilities to organize, analyze, and reconcile financial data.Communicate with clarity, diplomacy, and impact across external client management and internal business partners.
• Hold a Bachelor’s degree in Finance, Accounting, or Business (preferred), or equivalent practical experience in financial operations.

The pay range for this role is $22.74--$37.93. Actual salary offered will be dependent on a wide array of factors including but not limited to: relevant experience, skills, education and comparison to internal employees (where relevant). Our compensation program also includes an annual target bonus opportunity for all employees, as well as the opportunity to become an owner in the company through our broad-based equity program.

Through our benefits program, we strive to offer flexibility, value and choice. From comprehensive health coverage, to a retirement package that includes both a 401(k) and an active pension plan, to highly competitive education reimbursement provisions, paid time off and a mental health benefit, CME Group offers a holistic benefits package for our team and their dependents.

CME Group: Where Futures are Made CME Group is the world’s leading derivatives marketplace. But who we are goes deeper than that. Here, you can impact markets worldwide. Transform industries. And build a career by shaping tomorrow. We invest in your success and you own it - all while working alongside a team of leading experts who inspire you in ways big and small. Problem solvers, difference makers, trailblazers. Those are our people. And we’re looking for more.

At CME Group, we embrace our employees' unique experiences and skills to ensure that everyone’s perspectives are acknowledged and valued. As an equal-opportunity employer, we consider all potential employees without regard to any protected characteristic.

For U.S. employment, CME Group is legally required to validate a new hire’s employment eligibility by having them complete an Employment Eligibility Verification (Form I-9) companied with legally acceptable proof of identity and work authorization (as listed on the Form I-9). CME Group uses E-Verify, which is an online system operated by the U.S. Department of Homeland Security in partnership with the Social Security Administration to verify employment eligibility and validate social security numbers. Through participation in the E-Verify program, information entered on Form I-9 will be provided and compared to information available at both of these agencies.