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Revenue Management Specialist

3 months ago

Worthing, West Sussex, United Kingdom Equiniti Full time

Company Overview

Equiniti stands as a premier provider of technology and solutions for intricate and regulated administration and payment processes. Our technological platforms are utilized by a significant portion of the FTSE 100, governmental bodies, and various large corporations, especially within the banking, insurance, and financial services sectors. Annually, we facilitate £160 billion in payments through our systems, manage records for 70 million shareholders, oversee pension schemes for 8 million members, and deliver services that impact 28 million customers. A substantial fraction of the UK population has interacted with Equiniti at some point in their lives.

Core Business Function

The Group Finance department provides a centralized service across all locations and divisions. Key teams encompass Order to Cash, Procure to Pay, Accounting, Audit, Financial Planning & Analysis, and Master Data Management.

Position Summary

The role involves overseeing the complete process of converting contracts into revenue, managing a portfolio of clients, associated contracts, budgets, and financials, while also serving as a primary contact for client revenue operational inquiries.

Key Responsibilities

The successful candidate will be tasked with the following:

  • Maintain comprehensive client records, including contracts, budgets, master data, and billing information.
  • Collaborate with New Business, Commercial Finance, and Client Relationship Leads regarding new contracts, renewals, and statements of work, providing guidance and making suitable recommendations. Ensure that documentation and fee schedules are standardized, clear, and accurate for billing purposes.
  • Assist clients with cost estimates, budgetary inquiries, and other finance-related questions as needed.
  • Prepare, process, and issue client invoices by gathering and utilizing relevant data and fee information, adhering to standard templates and validation methods in accordance with contracts.
  • Review client disbursement statements quarterly, verifying chargeability against contracts and highlighting any discrepancies.
  • Ensure timely processing and issuance of invoices, documenting and escalating any issues or delays as necessary.
  • Request purchase orders from clients and monitor invoices accordingly.
  • Maintain up-to-date trackers to ensure real-time data availability.
  • Conduct secondary validation checks for invoices processed by team members.
  • Provide coverage for team members as needed, including participation in process improvement initiatives.
  • Coordinate with the Offshore Order to Cash Team involved in routine billing processes.

Required Skills and Qualifications

The ideal candidate will possess the following experience, skills, and attributes:

  • Demonstrated experience in financial processing, including foundational accounting knowledge.
  • Exceptional verbal and written communication skills, along with strong interpersonal abilities.
  • Proficiency in Microsoft Office Suite, particularly Excel.
  • Familiarity with large ERP systems is desirable but not mandatory.
  • Strong attention to detail, coupled with the ability to work efficiently in a high-pressure environment.
  • Ability to effectively meet SLAs and deadlines.
  • Confident and motivated in managing performance and achieving goals.

Mobility Requirements

Domestic: Occasional travel within the UK may be required.

Overseas: No travel required.

Benefits Offered

Pension Plan: Equiniti matches employee pension contributions up to 10%.

Long Term Incentive Plan: All employees have the opportunity to benefit if the company is sold for a profit.

Health and Wellbeing: Employee Assistance Programme offering counseling, legal, and wellbeing support for employees and their families. Life assurance coverage at 4x salary with options for enhanced coverage.

Employee Discounts: Access to discounts and cashback at various high street retailers through our EQ Wins Platform.

Flexible Benefits: Options to purchase a range of benefits through our flexible plan, including gadgets, travel insurance, will writing, and holiday trading.

Time Off: Typically 28 days of holiday plus bank holidays, along with 2 volunteer days for charitable involvement.

Acknowledgment: Equiniti recognizes outstanding contributions through ICON award vouchers.

Learning & Development: Investment in LinkedIn Learning for all employees.

Equiniti is committed to promoting equality of opportunity for all staff, encouraging applications from individuals regardless of age, disability, sex, gender reassignment, sexual orientation, pregnancy and maternity, race, religion or belief, and marriage and civil partnerships.

Note: Any employment offer is contingent upon satisfactory pre-employment screening checks, which include verification of 5 years of activity and gaps, DBS or Access NI checks, and credit and sanctions checks.