Revenue Reconciliation Supervisor

Revenue Reconciliation Supervisor

  • Location

    City of London, London

  • Sector:

    Part-qualified & Transactional Finance

  • Job type:


  • Salary:

    £35000.00 - £40000.00 per annum

  • Contact:

    Luke Blair

  • Contact email:


  • Job ref:


  • Published:

    about 1 year ago

  • Duration:

    6 Months

  • Expiry date:


  • Startdate:


  • Consultant:


Cedar is currently recruiting for an Revenue Reconcililation Supervisor for a globally renowned company based in the City of London.
The company is the largest organisation within its industry and is looking for a candidate who is immediately available, or on a short notice period, for a role that could run for up to 6 months for the right candidate.

Some of the duties for the role are:
·* Supervisor to assistant revenue accountants:
Øensuring clear objectives are set and monitored
Ødaily/weekly/monthly tasks are managed
Øworkloads are balanced across the team
Øcoaching and development of employees' skill sets
Øconstant "process improvement" mentality
·To effectively manage the reconciliation process for the company's bank accounts ensuring that these are produced to both a high degree of accuracy and in a timely manner, resolving all issues arising from this process.
·Ensure that all reconciliations pertaining to the revenue lines are fully reconciled to 3rd party source data and/or bank accounts
·Work with other Finance and Commercial functions to develop robust reporting of revenue lines to be delivered at Exec and Board level
·Oversee and complete journals and reconciliations throughout the month
·Ensuring process notes are written for the department
·Lead the cash management team
·Monitor cash in transit and identify receipts over 10 days old which have not credited our account
·Investigate banking or trading differences generated from the Management System
·Investigate and follow up on non-polling of site trading data into car park management system
·Ensure the month end close process is fully completed, accurately and on time
·Investigate balances across all car parks to ensure revenue reconciles against all payment types
·Completing own assigned reconciliations and performing review of subordinate's reconciliations on a timely basis and checking for accuracy and integrity.
·Follow up on outstanding items or issues identified through the reconciliation process on a timely basis and highlight any risk or opportunity to senior management
·Ensure revenues for external clients are accurately recorded and properly reconciled, along with ensuring their revenue reporting requirements are adhered to.
·Liaise with external clients and auditors with information requests as and when required
·Play an integral role in ensuring we have robust processes in place as and when the business or clients introduce new methods of payment to ensure all revenues are captured and recorded accurately and fully reconciled.
·Play an integral role in ensuring when new contracts are on-boarded we can meet client requirements, may involve reviewing bids or contracts prior to signing to ensure we can comply
·Liaise with third party suppliers and institutions on matters including but not limited to setting up new accounts, assigning merchant ID's, ensuring data received is correct and fit for use.
·Suggest or action process improvements and be involved in system changes when required to

Key Skill:
·Strong academic background
·Part qualified (ACA/ACCA/CIMA)
·Good accounting ability, i.e. to complete reconciliations and double entry accounting
·Skilled with Microsoft Office tools, especially excel
·Oracle Financial experience desirable
·Business Intelligence tools experience desirable (SQL databases, dashboards and data cubes)
·Previous supervision and coaching experience
·Experience with high volumes, multi-site retail or similar is desirable
·Experience initiating process improvements from start to finish
·Ability to build professional relationships with wide range of stakeholders
·Ability to prioritise, work under pressure and deliver to agreed deadlines
·The drive to pursue innovative ideas
·Thoroughness, accuracy and attention to detail in all aspects of work
·Service driven and professional
·Highly motivated, able to work independently and in a team
·Enthusiastic approach to change

This is a great opportunity for somebody who is looking to join a fantastic and exciting company with a global presence, and enhance, as well as utilise, their existing skills.