UCP - Analyst - OTC Job Description Template
The UCP - Analyst - OTC (Order to Cash) is a key position within the finance team, responsible for managing and optimizing the order-to-cash cycle. This includes ensuring the accuracy and efficiency of invoicing, collections, and cash application processes. The role involves detailed financial analysis, risk management, and significant client interaction.
Responsibilities
- Oversee the complete order-to-cash process, from order management to cash application.
- Ensure timely and accurate invoicing and collections.
- Analyze financial data to optimize cash flow and minimize risk.
- Coordinate with other departments to resolve any order or billing discrepancies.
- Maintain up-to-date records of financial transactions and client communications.
- Provide regular reports and insights on order-to-cash metrics.
- Develop and implement process improvements to enhance efficiency and accuracy.
Qualifications
- Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
- Minimum of 3 years experience in a similar finance or accounting role.
- Proven experience with order-to-cash processes.
- Strong analytical skills and attention to detail.
- Proficient in financial software and MS Office Suite.
- Excellent communication and interpersonal skills.
- Ability to manage multiple tasks and meet deadlines.
Skills
- Financial Analysis
- Order Management
- Invoicing
- Collections
- Cash Application
- Risk Management
- Microsoft Excel
- Communication
- Problem Solving
- Process Improvement
Frequently Asked Questions
A UCP Analyst in OTC, or Over-The-Counter, is responsible for managing and analyzing non-exchange traded financial instruments. They ensure accurate processing of transactions, analyze market trends, assist in compliance reporting, and work closely with cross-functional teams to align business strategies with regulatory requirements. This role requires strong analytical skills and knowledge of financial markets.
To become a UCP Analyst in the OTC market, candidates typically need a bachelor's degree in finance, business, or a related field. Relevant certifications such as CFA or FRM can be advantageous. Gaining experience in financial analysis, knowledge of OTC trading mechanisms, and proficiency in data analysis tools are crucial for success in this role. Networking and staying updated with market trends enhance career prospects.
The average salary for a UCP Analyst in the OTC sector varies based on experience, location, and company size. Generally, professionals in this field can expect competitive compensation reflecting their expertise in financial analysis and regulatory compliance. Salaries may increase with advanced certifications, extensive experience, or positions within reputable financial institutions offering specialized OTC services.
A UCP Analyst role in OTC typically requires a bachelor’s degree in finance or a related discipline. While academic qualifications are important, relevant experience in financial markets, analytical tasks, and an understanding of OTC instruments are also critical. Advanced certifications such as CFA, CPA, or FRM are highly valued and often required by top employers to validate a candidate’s expertise.
A successful UCP Analyst in OTC requires strong analytical and problem-solving skills, proficiency in financial modeling, and familiarity with trading platforms. Responsibilities include conducting market analysis, ensuring accurate transaction processing, and supporting compliance reporting. Effective communication skills are essential to collaborate with cross-functional teams and articulate findings to stakeholders.