Finance Assurance Apprentice (Claranet)

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).

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.

Training Outcome:
 Internal development opportunities within the team.

Employer Description:
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 around 500 staff working in London, Gloucester, Warrington, Bristol, and Leeds, or as homeworkers.

Working Hours :
Monday to Friday. Shifts to be confirmed.

Skills:
Communication skills,Attention to detail,Organisation skills,Problem solving skills,Analytical skills,Microsoft Excel skills,Interpersonal skills,Ability to prioritise tasks,Manage multiple tasks,Learn and adapt quickly,Self motivated,Able to work under pressure,Manages conflict