Virgin Media O2

Commercial Finance Manager

Reading, Berkshire, United Kingdom, United Kingdom
Competitive salary
07 Dec 2022
11 Dec 2022
Approved employers
Approved employer
Experience level
Planning, Controlling and Reporting

Closing Date:
Join us on our new and exciting fibre venture as a Commercial Finance Manager. The role is responsible for the financial management of the services delivered under the Master Service Agreement (MSA) to the proposed fibre Joint Venture.

The role is responsible for the management of:
  • Monthly invoicing of fixed, scalable and pass through charging.
  • Forecasting of service volumes and associated charges for input to the Opal budget.
  • Internal forecasting of demand/volumes for the scalable services for the VMO2 budget process.
  • Incremental demand projects through quote and delivery process and liquidated damages.
  • Tracking internal costs and against budget.
  • Audit and pricing review in line with the agreement.
The Commercial Finance Manager will establish and lead the financial governance forum with stakeholder engagement across VMO2 and Opal at Senior Leadership Team level. Working in conjunction with the internal stakeholders, you will be accountable for ensuring that the services provided are managed and measured according to the agreed contractual commitments.

Who we are

Our shareholders and investment partners have recently announced the creation of a new fibre joint venture, which aims to provide up to 7 million premises with a new wholesale full fibre network. This incredible move represents our significant commitment to the UK and a boost to the nation's digital economy at a crucial time.

This is going to be HUGE! The partnership will initially roll out fibre to 5 million homes not currently served by Virgin Media O2's network by 2026, with the opportunity to expand to an additional 2 million homes. This new fibre venture, alongside VMO2's existing network, will offer greater wholesale choice to other operators across the country.

This is a hybrid home/office role, with a requirement to travel to and from various office locations for team collaboration days and meetings. Therefore you must be open to travel as and when required.

The must haves...

In order to be considered, you must have the following experience;
  • Proven experience in Mobile, Telecoms, Cable or similar industry.
  • Experience and appreciation of working in a customer focused environment.
  • Demonstrable experience in running large complex budgets.
  • Can showcase knowledge of relevant finance and procurement systems and use of excel for forecasting processes.
  • Ability to provide strong working examples of process definition and implementation experience.
The other stuff we're looking for...

We'd also love you to bring;
  • Preferred degree level or equivalent in a commercial area such as business studies, finance, sourcing and service management, or demonstrable experience within a similar working environment.
  • Proficient in standard office applications with reporting/analytical experience.
  • Proven ability to communicate effectively (verbally and written) across internal and external audiences at all levels.
  • Ability to interface at the most senior levels (Director, MD, COO) internally and externally within the Procurement, customer groups or peer operator groups.
  • Strong team player with a flexible approach, ability to perform at pace and adapt where necessary within a rapid changing industry.
  • Imaginative and innovative thinking relating to problem solving and new opportunities.
What's in it for you?

As you're already a valued member of the Virgin Media or O2 crew, you'll know lots about the amazing stuff we do to take care of our people. As we're prioritising our amazing internal talent, this role is only eligible for internal applicants or applications from our contingent workforce. We can chat to you one on one about how your overall benefits may change, if you're successful.

Next steps

If you think you've got what it takes to make a move, we'd love to hear from you. It's important that you take the time to submit a formal application via Workday. Once you've submitted an application the next steps of the process, if successful, are likely to include a two part interview process with the hiring panel. When you apply, you'll be asked about any adjustments you might need to support the recruitment process. Let us know, and we'll be sure to discuss it with you.

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