Description
· Prepare monthly reconciliation spreadsheets for our more complex third-party suppliers
· Liaise with Accounts Payable to ensure these supplier invoices are uploaded onto our finance system correctly
· Investigate and resolve all reconciliation variances as appropriate. This will include establishing and maintaining internal and external relationships to ensure corrective action is taken
· Ensure that the resolution of any third-party differences is achieved in a timely manner and that Claranet UK’s records are amended as appropriate
· Ensure that any credits are received from the 3rd party suppliers in a timely manner and the Financial Accounts team are notified
· Continually improve the automation of the reconciliation process to improve accuracy and timeliness of reconciliation
· Recommend where appropriate internal process improvements that would reduce data errors and enhance the accuracy of Claranet UK’s data and the reconciliation process
· Identify potential cost savings and operational efficiencies to enable management to improve company profitability
· Support the Vendor Team in relation to new and existing third-party supplier contract spends and churn allowances
· Support the Product Team in relation to new product launches, in life changes and end of life projects
· Provide support and analysis as required to the Revenue and Cost Assurance Manager
· Assist with cost saving projects and initiatives as required by the wider Finance team
· Reconcile Claranet UK’s Install Base to relevant technical databases and any available third-party supplier information to ensure:
· All live products / services are billed to the customer (revenue reconciliation);
· All customers are paying for what they are consuming including the onward billing of any over-usage charges (usage reconciliation);
· All products / services no longer required by the customer have been decommissioned in the technical databases (internal decommissioning); and
· All products / services no longer required by the customer have been cancelled with the third-party supplier(s) (external decommissioning)
Objectives and Key Results
· Prepare monthly reconciliations for key suppliers, resolve all variances appropriately
· Ensure services are decommissioned appropriately to minimise cost
· Continually improve the automation of the reconciliation process to improve accuracy and timeliness of reconciliation
· Identify potential cost savings and operational efficiencies to enable management to improve company profitability
· Ensure all customers are paying for what they are consuming including the onward billing of any over-usage charges
For more information about this vacancy please contact BPP Professional Apprenticeships on (phone number removed) (Ref ID: (phone number removed))
Skills Required
· Strong Microsoft Excel skills (Pivot Tables, Sumifs, H/V/XLookups, Index/Match etc)
· Ability to critically evaluate processes, finding and implementing ways to improve them
· You will have the knowledge and experience to carry out repeatable tasks competently, confidently and consistently
· You will have strong analytical and problem-solving skills with the ability to interpret financial data
· Excellent communication and interpersonal skills with the ability to influence stakeholders at all levels
· Strong organisational skills with the ability to prioritise and manage multiple tasks simultaneously
