Finance and Cost Recovery Support Specialist

Recruiter
Morson Human Resources Limited
Location
Preston, UK
Salary
Competitive
Posted
03 Sep 2019
Closes
03 Oct 2019
Ref
1241179429
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
Finance & Cost Recovery Support Specialist

Location: Preston

Duration: 6 Months

Rate: £330.00 per day

MAIN OBJECTIVE OF JOB:

The role within the Cost Recovery team will be responsible for PO and invoice management, supporting the Procurement team to maintain and manage contract agreements with suppliers, co-ordinate procurement requests and financial reporting.

PO Management / Invoicing:

* Raise blanket POs in line with budget, obtain necessary approvals from across the business. (approx. 95 a year)
* Tracking POs against budget forecast, highlighting changes to the forecast.
* Download applicable invoices from the vendor's portal (approx. 10 portals)
* Read through all supplier invoices and split costs by budget category - approx. half of the PO's are invoiced on a monthly basis and so 45+ invoices are being processed.
* Match invoices to the correct blanket purchase orders and notify invoicing teams to process
* Review all invoices on a weekly basis to progress approval and payments.
* Vendor queries management. Eg.late payment queries

Contract Management: Support the Procurement team in the following areas.

* Legal entity changes (novation)
* Invoice legal entity issues
* Legal entity consolidation
* Invoice accuracy
* Contract contact details, including BAU updates to contact details.
* Account portals maintainance. Eg. Update Supplier Portal to correct contact details.
* Support Supplier contract reviews

Procurement Support: Procuring goods & services across 3 systems COUPA, ServiceNow and SAP.

* Raise engaging budget holders for approval.
* Track purchase, confirming delivery with requester in order that inoivce can be reciepted.
* Assist with adhoc queries in re to the procurement process

Financial Reporting
* PO spend tracking and reporting

PRINCIPAL ACCOUNTABILITIES:
* PO and invoice management
* Supporting the BAE Systems Procurement team to maintain and manage contract agreements with suppliers
* Co-ordinate procurement requests
* Financial reporting

BUSINESS EXPERTISE (company/industry knowledge):
* Knowledge of IT Industry from Enterprise perspective
* Confident communication & service excellence skills
* Commercial/finance/governance understanding*

Interested? - Hit Apply

Similar jobs

Similar jobs