Finance Assurance Apprentice (Claranet)
CLARANET LIMITED
Barnwood, Gloucester (GL4 3RT)
Closes in 10 days (Wednesday 30 April 2025)
Posted on 15 April 2025
Contents
Summary
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.
- Wage
-
£18,000 a year
- Training course
- Assistant accountant (level 3)
- Hours
-
Monday to Friday.
Shifts to be confirmed.
37 hours 30 minutes a week
- Start date
-
Sunday 18 May 2025
- Duration
-
1 year 3 months
- Positions available
-
1
Work
Most of your apprenticeship is spent working. You’ll learn on the job by getting hands-on experience.
What you’ll do at work
- 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.
Where you’ll work
Claranet
Brighouse Court
Barnett Way
Barnwood, Gloucester
GL4 3RT
Training
Apprenticeships include time away from working for specialist training. You’ll study to gain professional knowledge and skills.
College or training organisation
BPP PROFESSIONAL EDUCATION LIMITED
Your training course
Assistant accountant (level 3)
Equal to A level
Course contents
- Assist with the investigation and response to financial information queries.
- Record and analyse financial data using the organisation’s standard tools and processes.
- Apply double entry bookkeeping and accounting standards to process financial documents, generate financial statements and report financial information to users of accounts.
- Assist with production of accurate financial information for the preparation of accounts.
- Reconcile financial data, such as, preparation of reconciliations or review of reconciliations.
- Investigate, resolve or escalate transactional queries and errors within their remit as appropriate.
- Develop and maintain effective working relationships with stakeholders.
- Communicate financial information in a way that non-finance stakeholders can interpret and understand.
- Utilise digital skills to present key financial information using finance and accounting software and applications.
- Use software packages to assist with basic accounting tasks in line with cyber and data security requirements, using data securely and safely, including backing up data.
- Communicate using varying approaches and different media methods with an appreciation of the risks and benefits to the business of social media and other digital applications.
- Assist with the investigation and response to financial information queries.
- Record and analyse financial data using the organisation’s standard tools and processes.
- Apply double entry bookkeeping and accounting standards to process financial documents, generate financial statements and report financial information to users of accounts.
- Assist with production of accurate financial information for the preparation of accounts.
- Reconcile financial data, such as, preparation of reconciliations or review of reconciliations.
- Investigate, resolve or escalate transactional queries and errors within their remit as appropriate.
- Develop and maintain effective working relationships with stakeholders.
- Communicate financial information in a way that non-finance stakeholders can interpret and understand.
- Utilise digital skills to present key financial information using finance and accounting software and applications.
- Use software packages to assist with basic accounting tasks in line with cyber and data security requirements, using data securely and safely, including backing up data.
- Communicate using varying approaches and different media methods with an appreciation of the risks and benefits to the business of social media and other digital applications.
Your training plan
More training information
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.
Requirements
Essential qualifications
GCSE in:
- English & Maths as a minimum (grade (A*-C))
Let the company know about other relevant qualifications and industry experience you have. They can adjust the apprenticeship to reflect what you already know.
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
Other requirements
• 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.
About this company
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.
Company benefits
· Holidays: 25 days + bank holiday + your birthday off. · 5% pension. · Private medical.
After this apprenticeship
- Internal development opportunities within the team.
Ask a question
The contact for this apprenticeship is:
BPP PROFESSIONAL EDUCATION LIMITED
The reference code for this apprenticeship is VAC1000315862.
Apply now
Closes in 10 days (Wednesday 30 April 2025)
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Company’s application instructions
Please apply through the link provided.