Financial Analyst
- Recruiter
- Travelport
- Location
- Costow, UK
- Salary
- Competitive salary
- Posted
- 25 Feb 2021
- Closes
- 28 Feb 2021
- Ref
- 2007757254
- Job role
- Financial analyst
- Sector
- Accounting - Public practice
- Experience level
- Part qualified
We're hiring!
12 month maternity cover contract.
(Post-lifting of restrictions it's expected the role will offer a blend of home and office working hence it's important that you are within a commutable distance of our offices which are based in Kembrey Park, Swindon).
This is a key role in the Travel Distribution Costs (TDC) team, operating within the Global Financial Operations division. Travel Distribution Costs consist of Travel Agent Incentives (TAI) and Operator Fees, and represents the largest expense incurred by Travelport.
The Operator & Strategic Finance Analyst is responsible for accounting the Strategic Operator Commission's as well as the Strategic subscriber accounts. All accounting entries are processed including calculating of accruals, payments and loan repayments. Providing information on settlements and disputes and liaising with the appropriate account directors based around the world. The Operator & Strategic Finance Analyst will also be responsible for maintaining the Operator & Strategic Account ICFR processes and controls, in addition to supporting the ICFR and statutory audit requirements.
The role has primary responsibility for the month end process and associated balance sheet reconciliations.
Main responsibilities:
Who would prosper in this role?
(Post-lifting of restrictions it's expected the role will offer a blend of home and office working hence it's important that you are within a commutable distance of our offices which are based in Kembrey Park, Swindon).
Why Travelport?
We build innovative software solutions that have a global impact upon the lives of travellers and travel agents. As the partner of choice for travel's game-changers, you'll drive transformation and be part of a winning culture!
As we evolve and grow as a business, so will you.
You will thrive within a collaborative and creative atmosphere where continuous learning and your commitment to making a difference are rewarded.
These are just a few of our employee's favourite perks...
Competitive base salary, bonus, private healthcare, pension, shopping & gym discounts, really great team environment team & more!
We are an equal opportunities employer and will consider all qualified applicants purely on their skills and abilities.
Interested? We'd love for you to get in touch!
12 month maternity cover contract.
(Post-lifting of restrictions it's expected the role will offer a blend of home and office working hence it's important that you are within a commutable distance of our offices which are based in Kembrey Park, Swindon).
This is a key role in the Travel Distribution Costs (TDC) team, operating within the Global Financial Operations division. Travel Distribution Costs consist of Travel Agent Incentives (TAI) and Operator Fees, and represents the largest expense incurred by Travelport.
The Operator & Strategic Finance Analyst is responsible for accounting the Strategic Operator Commission's as well as the Strategic subscriber accounts. All accounting entries are processed including calculating of accruals, payments and loan repayments. Providing information on settlements and disputes and liaising with the appropriate account directors based around the world. The Operator & Strategic Finance Analyst will also be responsible for maintaining the Operator & Strategic Account ICFR processes and controls, in addition to supporting the ICFR and statutory audit requirements.
The role has primary responsibility for the month end process and associated balance sheet reconciliations.
Main responsibilities:
- Responsible for the timely and accurate payment to the Strategic Operators & Strategic Subscribers.
- Review new contracts on a regular basis to ensure we have covered all terms relating to the Strategic Operators and Subscribers and their payment, comment and feed back to account directors on impractical terms, working toward contract standardization wherever possible
- Liaise daily with the Billing and Assurance department, Sales and Marketing Offices (SMO's)and the Operators on issues such as rates, calculations and deductions, interpretation of contract terms and correct application to the Operator procedures
- Provide payment details and obtain authorization for the payments monthly, after liaison with directors within the Operators & Subscribers worldwide to ensure they are happy with the Operator Commission statements
- Liaise with the TAI Incentives teams to make sure deductions and payments of Incentives are up to date and resolve any queries
- Ensure all revenue items are billed to the Operators monthly, respond to questions over billing
- Responsible for all journals of commission accruals and adjustment journals are posted at month end within the corporate time table
- Reconcile monthly the commission control and incentive liabilities where appropriate ensuring that items are cleared and investigated within the month, report large variances for LEMR pack and SLT reporting, such as large withheld commission or loan repayments.
- Recommend any impairments to loans or upfront payments that need to be made of assets held in the balance sheet relating to Operators Maintain accurate filing system as archive documents are requested on a frequent basis, current Operator & Subscriber contracts and Operator & Subscriber statement support for future inspection
- Implementation of Agility and other similar adhoc projects with regards to invoicing Operators for various products as they become billable, emphasis on new product lines becoming billable in the immediate future. Lead the implementation of improved billing systems for the Operator revenues
- Operator & Strategic Subscriber related balance sheet reconciliations
- Manage the Operator Commission & Strategic Subscriber query mailbox responding to queries in a timely and efficient manner
- Continual process improvement for the Operator TDC area working closely with the TAI, Billing and Assurance team, Director TDC and internal audit on improved reporting and statements to Operators
Who would prosper in this role?
- Part Qualified Accountant or studier (ACA, ACCA, CIMA)
- Knowledge of accruals and pre-payment accounting
- Working knowledge of Oracle ERP
- IT literate, with a good working knowledge of software packages including Excel and Word
- Good team working ability
- Good communication and interpersonal skills, with an ability to build effective relationships with other team members, SMO's and Operators
- Excellent time management and ability to plan own working day.
- Proactive on query resolution
- The enthusiasm and drive to work to meet deadlines
- Knowledge of Sarbanes Oxley an advantage
(Post-lifting of restrictions it's expected the role will offer a blend of home and office working hence it's important that you are within a commutable distance of our offices which are based in Kembrey Park, Swindon).
Why Travelport?
We build innovative software solutions that have a global impact upon the lives of travellers and travel agents. As the partner of choice for travel's game-changers, you'll drive transformation and be part of a winning culture!
As we evolve and grow as a business, so will you.
You will thrive within a collaborative and creative atmosphere where continuous learning and your commitment to making a difference are rewarded.
These are just a few of our employee's favourite perks...
Competitive base salary, bonus, private healthcare, pension, shopping & gym discounts, really great team environment team & more!
We are an equal opportunities employer and will consider all qualified applicants purely on their skills and abilities.
Interested? We'd love for you to get in touch!