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Finance Assurance Apprentice

  • Claranet
  • Gloucester, Gloucestershire
  • £18000 per annum
Vacancy provider logo for BPP Professional Apprenticeships

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.

  • GMFJ Reference
    259134
  • Wages
    £18,000 p/a
  • Hours
    37.50 per week
  • Date Posted
    28/03/2025
  • Start Date
    18/05/2025
  • Approx. Duration
    15 months

  • Location
    Gloucester
  • Status
    Now Taking Applications
  • Sector
    Accountancy
  • Opportunity Type
    Advanced Level 3
  • Apprenticeship Standard
    Assistant accountant (ST0002)
  • Employer
    Claranet

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 01133 500 333 (Ref ID: 259134)

· 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

5 GCSE's A-C including English & Maths as a minimum

BPP apprenticeship training programmes are delivered virtually by our fully qualified and industry-experienced training team. Using their expert knowledge, we’ve purposefully built our programmes around the real-world use of modern technology, so that the skills we create can be directly applied in the workplace.

Throughout the apprenticeship learners receive coaching, help and guidance from a dedicated team who are there to ensure they get the most from their work experience.

· 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

- Internal development opportunities within the team

Internal mobility in the Finance Function and across functions in Claranet

  • Holidays: 25 days + bank holiday + your birthday off
  • 5% pension
  • Private medical

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