Job Description:
The company is now seeking to recruit a Revenue & Cost Assurance Specialist to join the Financial Operations team. The ideal candidates needs to have strong analytical skills, experience in working with Microsoft Office, especially Excel and have a background in financial services.
Responsibilities:
-Monitor and reconcile invoices payable to Schemes to validate costs.
-Perform various reconciliations to ensure costs and revenue reporting/internal systems are in-line. These include management accounts, business analysis tools, invoices, Merchant pricing reports and scheme manuals.
-Monitor recovery levels of pass-through costs and partake in implementation discussions and testing of Card Scheme fees.
-Keep up to date with Card Scheme fee publications and upcoming projects relating to Merchant revenues.
-Investigate any anomalies in costs and revenue and produce analysis/workings to explain the fluctuations.
-Develop and maintain a high degree of familiarity with Visa/Mastercard costs and revenues generated from Merchants.
-Provide Finance Control team with notices and accruals of upcoming Card Scheme costs and any adjustments relating to preceding revenues.
-Help internal teams with queries relating to Card Scheme fees and Merchant revenues.
-Ensure that all our Merchant revenues are duly recovered in accordance with our pricing contracts.
-Attempt to reduce any gaps between cost and revenues or predicted amounts
-Other ad-hoc tasks delegated by the team manager.
Requirements:
-Strong analytical abilities
-Previous experience within the financial services industry will be consider as an asset
-Basic knowledge of accounting standards
-Proficiency in Microsoft Office, especially Excel
-Excellent written and oral communication skills
-Strong attention to details and ability to work in a fast-paced environment
