About The Role
This role is within the Commercial Finance team and reports to the Head of Commercial Finance and Planning.
This role will be split 50:50 between month end management accounting responsibilities and working on key priority financial projects:
Month end responsibilities
Prepare monthly reconciliations for key third-party suppliers and ensure all services are billed to the customers. This will include ensuring:
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)
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
Recommend, where appropriate, internal process improvements that would reduce data errors and enhance the accuracy of Claranet UK's data and the reconciliation process
Continually improve the automation of the reconciliation process to improve accuracy and time lines of reconciliation
Working as part o fa team with the Commercial Finance team on adhoc projects, which could include:
Identifying costs having opportunities or non-profitable contracts through contract and invoice review
Work closely with the Management Accountants, Procurement, Technical and Customer Services teams to identify and collate relevant information.
Collating different information sources from different systems to determine profitability of services
About The Candidate
Strong Excel skills
A highly driven, positive and energetic individual with an inquisitive mind
Ability to effectively communicate with all levels of the business.
High level of attention to detail and accuracy.
Strong organizational and time management skills.
Ability to work autonomously and as part of a team
Can do attitude and a willingness to be hands on.
Ability to present information in a concise and professional manner.
Must be comfortable working with a high degree of change and ambiguity
Can pick up new concepts quickly Desirable:
Part Qualified Accountant or Desire to take an Accounting qualification
Experience of working in cross functional teams
Experience in reconciliation of bills
Previous experience in a technology business would be an advantage
About The Company
Founded in 1996, Claranet has evolved into a multi-disciplinary technology services provider with global reach. The company has annualised revenues of circa £400 million, over 6,500 customers, and more than 2,500 employees in nine countries. In the UK we have over 500 staff working in London, Gloucester, Warrington, Bristol, and Leeds, or as homeworkers.
We have expanded through both organic growth and acquisitions, having made 24 acquisitions in the last 4 years and increased revenues by almost five times in the last six years. Claranet consistently appears in The Sunday Times Top Track 250 as one of the fastest growing privately-owned businesses in the UK.
The Assistant Financial Accountant is responsible for the timely and accurate preparation of the monthly balance sheet reconciliations, maintaining the lease accounting records, fixed asset reporting and reconciliations, collation of monthly payroll reports and the preparation of year end audit file and statutory accounts.
We're working on building an ever-improving company based on openness, diversity, collaboration, and empathy as our core values, a company that aims to be inclusive for the diverse group of people we get to work with, and where everyone supports each other and celebrates successes together. We want our people to feel engaged, comfortable, and healthy-and to know that they can belong here, no matter their story or background. If this resonates with you, then come and join us