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Full-Time

Senior Billing Analyst

Confirmed live in the last 24 hours

Vestmark

Vestmark

201-500 employees

Portfolio management and trading software solutions

Fintech
Financial Services
Enterprise Software

Mid, Senior

Wakefield, MA, USA

This is a hybrid position requiring some in-office presence.

Category
Financial Accounting
Financial Analysis
Accounting
Required Skills
Power BI
Customer Service
Requirements
  • 3-5 years of experience in a billing role.
  • Previous experience with custodial business systems and billing systems.
  • Proficiency in advanced desktop skills, particularly Excel and Power BI
  • Ability to understand client contracts and billing language.
  • Familiarity with securities and corporate actions processing.
  • Knowledge of separately managed accounts.
  • Strong problem-solving and analytical skills, adept at resolving issues quickly and innovatively.
  • Strong attention to detail
  • Outstanding customer service orientation and capabilities.
  • Ability to prioritize and manage multiple tasks effectively.
  • Excellent interpersonal skills, with experience collaborating in cross-functional teams.
  • Self-motivated and capable of making informed decisions in a dynamic, fast-paced environment.
  • Demonstrated ability to work well as part of a team.
  • BA/BS is required
Responsibilities
  • Acquire in-depth knowledge of team processes, sponsor relationships, and client support systems.
  • Calculate and verify client fees accurately.
  • Disseminate fee information as required.
  • Conduct fee reconciliations for clients.
  • Analyze data using manual manipulation of billing spreadsheets.
  • Manage accounts receivable and accounts billable tasks.
  • Collaborate with finance and other departments to facilitate billing operations.
  • Contribute to ad hoc projects as needed.
  • Assist in onboarding new clients.
  • Participate in testing system functionality for routine platform upgrades.
  • Contribute to the growth and development of our core values: We Before Me, Positive Energy, Knowledge Explorer, and Own It

Vestmark provides portfolio management and trading software tailored for broker-dealers, investment managers, bank trusts, and financial advisors. Its main product, the VestmarkONE platform, simplifies the management of personalized, multi-asset portfolios by offering features like portfolio construction, advanced trading, rebalancing, tax-sensitive trading, compliance, risk management, and automated reconciliation. This integration allows clients to enhance their operational efficiency and reach new audiences. Unlike many competitors, Vestmark focuses on improving middle and back-office operations, enabling clients to concentrate on strategic goals and client interactions. The company's goal is to help financial institutions operate more effectively, ultimately driving growth and client satisfaction.

Company Stage

Series B

Total Funding

$45.7M

Headquarters

Wakefield, Massachusetts

Founded

2001

Growth & Insights
Headcount

6 month growth

0%

1 year growth

-3%

2 year growth

3%
Simplify Jobs

Simplify's Take

What believers are saying

  • Vestmark's strategic investments in companies like Oracle and Block indicate a forward-thinking approach and potential for high returns.
  • The partnership with PureFacts could significantly boost operational efficiency and client satisfaction, driving growth in the wealth management sector.
  • Vestmark's comprehensive platform allows financial institutions to focus more on strategic goals and client-facing activities, potentially leading to higher client retention and satisfaction.

What critics are saying

  • The financial technology space is highly competitive, and Vestmark must continuously innovate to maintain its market position.
  • Integrating new features and partnerships, such as with PureFacts, could pose operational challenges and require significant resources.

What makes Vestmark unique

  • Vestmark's VestmarkONE platform integrates a wide range of portfolio management functions, from trading to compliance, offering a comprehensive solution that many competitors lack.
  • The company's SaaS model ensures continuous updates and improvements, providing clients with cutting-edge technology without the need for significant upfront investments.
  • Vestmark's recent partnership with PureFacts enhances its billing capabilities, making it a more attractive option for wealth management firms looking for end-to-end solutions.

Benefits

Medical, Dental, and Vision - Vestmark pays 90% of our employees’ medical and dental coverage which are administered through Blue Cross Blue Shield (BCBS) along with Eyemed for vision.

Vestmark 100% Paid Benefits - Vestmark is proud to offer maternity and parental leave, Life, Short-Term and Long Term Disability Benefits at no cost to the employee, and Employee Assistance Program and work-life benefits.

Generous PTO - Vestmark employees receive between 15 and 25 days per year of paid time off based on years of service in addition to receiving 10 days per year of paid sick leave.

Diversity - At Vestmark, we strive to create an inclusive workplace that fosters, embraces and celebrates diversity and fairness. We continue to build a comprehensive culture where all employees are Welcomed, Valued, Respected and Heard.

Flexible Spending Account (FSA) - Vestmark employees can contribute annually to health care and dependent care FSAs and participate in our employer-matched HSA program.

401(k) with Employer Matching - Vestmark will match the employee’s 401(k) and ROTH contribution up to 50% of the first 8% per pay period with a two-year vesting component.

Company Equity - Vestmark also offers additional compensation in the form of Restricted Stock Units (RSUs). Our RSUs are issued through a vesting and distribution schedule after achieving required milestones.

Match Charitable Contributions - Vestmark is very proud of our Charitable Giving Program. We will match up to $250 annually to an approved charity of our employee's choice.

Stay Fit - Exercise your mind and your body with our on-site gym located at our Wakefield, MA headquarters. If you can't take advantage of our corporate gym, our Blue Cross Blue Shield plan offers fitness reimbursement.

Pet Insurance - Employees may choose to enroll in pet insurance at a discounted rate.