Accounts Receivable Specialist, Octus

$75-85k

Eligible for additional commission-based compensation

Excel

Salesforce

Sage

Junior and Mid level

New York

Unleashing insights for accelerated financial decisions

Be an early applicant

Unleashing insights for accelerated financial decisions

501-1000 employees

B2BEnterpriseLegalAnalyticsMarket research

Be an early applicant

$75-85k

Eligible for additional commission-based compensation

Excel

Salesforce

Sage

Junior and Mid level

New York

501-1000 employees

B2BEnterpriseLegalAnalyticsMarket research

Company mission

To empower subscribers to discover and synthesize the information that matters through the combination of passionate experts and innovative technology.

Job

Company

Role

Who you are

Bachelor’s degree in accounting or finance
2 to 4 years of accounts receivable or bookkeeping experience
Strong attention to detail, analytical and problem-solving skills
Ability to work and think independently, but also a team player with strong communication skills
Experience with Salesforce and Sage Intacct or a general ledger software is a plus
Strong Microsoft Office (especially Excel) skills a must
Experience in the SaaS industry

What the job involves

Octus provides breaking news and market-moving intelligence along with cutting-edge technology and data for hedge funds, investment banks and law firms. We are changing the way that professionals access opaque and complex information, and we are always looking for bright minds to join us on that mission
Monitor and collect accounts receivable by contacting clients
Strengthen and grow relationships with clients by communicating with customers regarding past due amounts
Communicate discrepancies to management and identify slow-paying customers
Perform daily cash activities, including the recording of bank deposits and posting of cash to client sub-ledger
Manage inflow of sales contracts from Salesforce into the accounting system
Prepare and deliver a high volume of client invoices including applicable sales taxes across multiple global entities/currencies
Ensure client contact and billing information is accurate across all systems
Ensure client documentation provided adheres to company policy
Prepare analytical and ratio analysis relevant to accounts receivable to understand how collections efforts are progressing
Assist in streamlining the accounts receivable process by identifying areas for improvement
Support timely completion of month-end close activities including posting other cash activity
Support external auditors and specialists as necessary

Our take

Octus, formerly Reorg, is a global provider of credit intelligence, data and analysis of issues affecting the distressed debt, event-driven and leveraged finance markets. The company sets itself apart by taking an approach that combines reporting with financial and legal analysis, providing a holistic view and delivering that view in real-time.

Octus has fundamentally changed the way in which financial and legal professionals access complex business information. Its service reaches over 25,000 people across a variety of institutions and its subscription-based service is giving organisations the ability to replace the work of junior attorneys.

Octus garnered considerable interest from several private equity and strategic rivals due to its expensive subscription-based services that have proven to result in stable growth for clients. Octus's services are particularly valuable and its 2022 buyout by British global investment firm Permira have opened the doors to vast opportunities for Octus's further growth.

Steph

Company Specialist at Welcome to the Jungle

Insights

Glassdoor (3.7)

Company

Company benefits

Medical, dental, vision and 401(k) benefits
A flexible, hybrid working policy with home office reimbursements
Reimbursements for career development and continuing education
Generous paid time off – including vacations, sick leave and parental leave
Employee referral bonuses
Gym subsidies and other fun fitness benefits
Kudos program to recognize and reward colleagues
Manager training programs

Company HQ

NoMad, New York, NY

Leadership

Kent Collier

(Founder & CEO)

Experienced Analyst having previously worked at Catalyst Investment Management and Millennium Partners, also worked as the Vice President at Assurant Asset Management.

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