Contract Compliance Specialist

3 weeks ago

Northampton, United Kingdom CV-Library Full time

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We are actively building diverse teams and welcome applications from everyone
Role: Contract Compliance Specialist
Located: Northampton (Ricoh operate a vibrant working policy giving you flexible hybrid working options)
Package: Competitive salary and excellent benefits
About Ricoh:
Ricoh is a global technology business. As a company born in print, we design and manufacture graphic solutions that transform communications. To keep up with the pace of change in the workplace, we have built an extensive portfolio of innovative, industry-leading digital services spanning everything from Cloud & IT infrastructure solutions to process automation tools.
Everything we do is designed to help individuals achieve fulfilment through work. Through technology, we make work smarter and more creative. Enabling people to lead purposeful working lives and organisations to become more productive, sustainable and profitable.
What you will be doing
This role is responsible for the coordination of all leasing activities and contract compliance in Ricoh UK. It uses professional concepts to resolve complex issues in a creative, effective & compliant manner. Ensuring that contracted business and tenders adhere to company finance policy and meet commercially set requirements.
* To assist the Sales and Service divisions in driving the new business wins by setting and approving lease rates across RUK and RIE, whilst auditing system contracts/pricing to ensure they are processed accurately and in line with the rates set leading to the achievement of financial budgets.
* Working in conjunction with Ricoh Europe/Group Legal and acting as a primary contact with Sales, Contract Authoring teams and Order Administration, ensuring contract governance and compliance is maintained in line with UK finance related legislation (FCA & FLA) and Group Finance Policy.
* Responsible for creating and maintaining of manual contract documentation including updating of URL (T’s & C’s) and launching to Sales. Periodically deliver the necessary ‘Commercial Contracts & Compliant Processing’ training and development of new and established sales and administrative employees to ensure compliance is upheld.
* To perform a monthly review of the price increases on service contracts, to ensure they are in line with the original contract documentation. Approving all new/amended contracts that get entered into the Nuance tool to ensure compliance with the legal contracts going forward.
* To support revenue recognition in conjunction with the RBS team to control and approve all valid invoice credits. Liaise with Credit Control and Sales to agree joint actions with RCAP for arrears/breached contracts and mitigation of bad debt via re-sale of contracted assets.
* Assist in recovery of 3rd party funder debt by investigating and proposing resolutions to ensure compliance and debt is reduced.
You will ideally have
* Ideally degree educated or equivalent professional qualification
* Proven experience within a Commercial Finance / Contract / legal background
* Ability to price financial transactions
* Ability to mitigate customer credit risk, document risk or other structural risk.
* Knowledge and understanding of the leasing industry and contracts
* Excellent commercial skills / thorough understanding of the business
* Excellent communication skills at all levels
* Sound decision making skills
* Excellent attention to detail
* Proven experience of process improvement delivery
* Strong leadership skills & willingness to challenge Sales Teams
* Working knowledge of sales and deal structures
* Good time management, organizational and delegation skills
* Ability to create and deliver ‘Legal Documents/Deal Packaging’ training courses
* Ability to work under pressure
* Flexible attitude and a team player
We are an equal opportunities employer
We are open to discussing adjustments to the recruitment process if needed. No applicant or employee will be treated less favourably than another on the grounds of a protected characteristic which are defined as sex, sexual orientation, age, disability, gender reassignment, trade union membership or non-membership, marriage and civil partnership, pregnancy and maternity, race and religion or belief.
Striving for inclusion and diversity isn’t just the right thing to do. Diverse approaches, perspectives and experiences make us more innovative, lead to better decisions and help us better understand the needs of our customers.
To empower you to bring your full identity to work, we have employee-led affinity groups in LGBTQ+, gender and ethnicity that allow members to explore issues and challenges surrounding shared identities, experiences and beliefs.
Click here to learn more about life at Ricoh

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