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This role is an AAT Level 3 Apprenticehip in partnership with BPP - Please apply directly https://www.getmyfirstjob.co.uk/search/details/259134/1/advanced-apprenticeship/accountancy/gloucester/finance-assurance-apprentice

About Claranet
Founded at the beginning of the dot.com bubble in 1996, our CEO Charles Nasser had a light bulb moment to develop a truly customer-focused IT business. Since then, Claranet has grown from an Internet Service Provider (ISP) in the UK to being one of the leading business modernisation experts, who deliver solutions across 11+ countries.

At Claranet, we’re experienced in implementing progressive technology solutions which help our customers solve their epic business challenges. We’re committed to understanding their problems, delivering answers quickly, and making a lasting impact to their business.

We are agile, focused and experienced in business modernisation. Our approach helps customers make genuine, significant shifts in their business strategy, to deliver financial savings, boost innovation, and create a resilient business. We continually invest in our people and the latest technologies, so our customers get peace of mind knowing that they have access to the best talent and services.

In the UK we have over 500 staff working in London, Gloucester, Warrington, Bristol, and Leeds, or as homeworkers.

Working for Claranet
Here at Claranet we pride ourselves on going the extra mile for and with our employees (yes, we really mean with). We offer an extensive benefits package that you can tailor to your needs, inclusive of a matching contribution pension scheme, healthcare, insurance, dental, discounted gyms and app supported benefit access.  
 
But what we think makes us different is ‘Team Claranet,’ our dedicated internal part of the business that supports you with matters close to your heart. We proudly support local charities in each of our office locations, support employees with paid charity leave, organise key charity fundraising event per year and have a dedicated committee responsible for supporting employee’s fundraising efforts.

Claranet are one of the 10 founding members of TC4RE (Technology Community for Racial Equality.) Being a part of a group of leading UK technology organisations, we are dedicated to building a more diverse and inclusive workforce.

Our Vision
Our vision is to become the most trusted technology solutions partner; renowned for being the best and brightest, having lasting impact with our customers and delivering exceptional returns to our stakeholders.

Position Summary
A Revenue and Cost Assurance Analyst will be responsible for preparing monthly reconciliations for complex third-party suppliers. Ensuring invoices are uploaded to our system correctly, investigating and resolving reconciling variances and working to the continuous improvement of the process and systems used.

Role Mission
Claranet UK’s strategy is to provide solutions to customers that are constructed from repeatable product and service options driving efficiency and improvements in financial performance. The role of the Revenue and Cost Assurance  Analyst is to support the business in the effective use of resources through reconciliation and ensuring services are cancelled with third party suppliers where appropriate.

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

• 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)

• Credit Control – to ensure billing as a result of revenue and cost assurance activities is correct and accurate
• Accounts Payable – to ensure supplier invoices are uploaded to the correctly
• Cancellations – to ensure external decommissioning takes place on a timely basis
• Customer Experience & Managed Service – to ensure robust decommissioning processes are put in place
• Technical Platforms – to ensure robust decommissioning processes are put in place
• Financial Planning & Analysis – to identify potential new areas for review
• Legal, Compliance & Procurement – to help resolve supplier or customer issues.
• Customer Success & Growth – to align on communication provided to customers

• High attention to detail
• Learn and adapt quickly to changing situations
• Self-motivated and able to work under pressure
• Manages conflict and challenges in an open and constructive manner

• 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