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B2B Commissions Executive
4 months ago
About The Role
Within our B2B business unit we are on a journey of growth. As part of this journey, we need robust processes and controls in the delivery of our internal and external commissions schemes. We are therefore seeking a motivated Commissions Executive to join our B2B Operations team and lead the management of our commission schemes.
As a Commissions Executive you will play a vital role in managing all our internal and Third-Party Intermediaries commission schemes and ensuring accurate and timely processing of invoices and payments whilst being a main point of contact for any commissions queries. You will be able to collaborate with cross-functional teams, vendors, and key stakeholders to maintain the financial integrity of the organization, as well as producing supporting analysis of commission payments. Whilst strong analytical skills are integral to this role, you must also have the ability to build and maintain internal and external relationships with key stakeholders.
Responsibilities
- Build and maintain key relationships with newly onboarded Third-Party Intermediaries.
- Communicate effectively with our most strategic customers to address inquiries, resolve discrepancies, and establish positive working relationships to facilitate smooth payment processes.
- Upfront modelling and forecasting of sales commission schemes for future financial years.
- Production and payment of commissions statements on monthly and quarterly basis.
- Generate commissions reports and analysis to provide insights into payment trends, outstanding liabilities, and other relevant financial metrics.
- Liaise with our B2B and Domestic sales managers frequently to ensure accurate and timely commission payments to their teams.
- Communicate with our customer experience teams to assist with any queries regarding commissions and provide support on external customer calls where appropriate.
- Perform regular reconciliations of commissions transactions to ensure accuracy and completeness of financial data, adhering to internal KPIs and SLAs.
- Manage the query resolution process and resolve blockers to paying commissions exist internal and external.
- Ensure adherence to internal controls, policies, and compliance with accounting standards and regulations.
- Identify opportunities for process optimization and contribute to the implementation of best practices to enhance efficiency and effectiveness within the commissions function.
- Drive a high standard of governance and ensure controls and process documentation in place and regularly refreshed.
About You
- Prior experience working in the Energy and Utilities sector.
- Excellent communication skills to interact effectively with vendors, colleagues, and stakeholders.
- Proven experience in building and maintaining strong relationships with key stakeholders.
- Attention to detail and a high degree of accuracy in data entry and analysis.
- Previous experience as an Accounts Payable Analyst or similar role is a bonus.
- Strong analytical and problem-solving abilities.
- Bachelor’s degree in finance, Accounting, Business, or a similar field is beneficial.
- Ability to work independently and collaboratively within a team environment.
- Proficient in Microsoft Excel and other relevant office applications is essential.
- Knowledge of relevant accounting standards and regulations.
- Prior experience in process improvement initiatives is preferred.
If you like the sound of the role but don’t meet all the requirements, we encourage you to apply. We are interested in meeting people from a diverse range of backgrounds and experiences. Come and join our Operations Team and be a significant part of driving Ecotricity’s green future.
About Us
What's in it for you...
Healthcare plan, life assurance and generous pension contribution
Volunteering day
Hybrid working
Various company discounts (including gym, shops, days out and events)
Holiday of 25 days (plus bank holidays) & ability to buy/sell days
Cycle to work scheme, car pooling and onsite parking available
As a valued member of the team you will be supporting the Group Environmental policy and its associated targets to make the Green Britain Group net carbon neutral by 2025
Flexibility statement
The fast moving nature of the company's business means that from time to time you may be asked to perform duties or tasks outside of your original job description on an ad hoc basis. This allows the company to use it's people in the best possible way at all times and helps the employees to make make their contribution in a changing environment.
Ecotricity is Britain's greenest energy company. When we started back in 1995, we were the first company in the world to provide a new kind of electricity- the green kind.
Our mission was, and remains, to change the way energy is made and used in Britain- by replacing fossil fuels with clean, renewable energy.
We don't just supply green energy, we use the money from our customers' bills to make it ourselves too- we build windmills and sun parks in Britain. We call this 'bills in to mills'. In 2021, we started work on building two new solar parks, and now we're bringing geothermal energy to our customers' fuel mix, a first in the UK. We're also developing green gas mills which will generate 100% green gas from a source that we will never run out of- grass.
We don't just focus on energy though- we built Electric Highways, Britain's leading network of electric vehicle charging points, we helped Forest Green Rovers become the greenest football club in the world, and, in partnership with RSPB, we launched Britain's greenest mobile phone service, Ecotalk.
Ecotricity is an equal opportunities employer and is committed to providing equality for all.
