Fees Management Support
Seeking a detail-oriented and analytical candidate to manage and streamline processes related to to vendor invoice processing for a leading European investment bank. This role will focus on (i) maintaining a client inventory by vendor, (ii) supporting data insights for financial forecasting, and (iii) ensuring accurate cost reporting to enable strategic decision-making on client profitability. The position involves close collaboration with Client's internal teams.
Responsibilities
- Perform first-level invoice review: act as a resolution officer for first-level review of invoices in the invoice systems (KOFAX, OneCapp), ensuring accuracy before management approval.
- Maintain Client Inventory by Vendor: Accurately track and maintain the existing excel client inventory specific to each vendor, ensuring records are up to date and accessible.
- Perform reconciliation between vendors invoice and vendors internal forecast: Run reconciliation monthly reconciliation between vendors invoice and internal forecast, identify and analyse gaps, and provide constructive input on identified gaps between invoice and forecast to data analytic team to enhance forecast models and have a better forecast for the next invoices.
- Report Real FIX Connectivity Costs per vendor per client: Input accurate connectivity costs into reports that support the client strategy team in evaluating client profitability to support decision-making process on client retention.
- Prepare needed support documents for Strategic Review Meetings: Provide input on client profitability for discussions led by the client strategy team to support the decision-making process around client retention.
- Liaise with Internal Teams to identify and implement solution on identified issues: Coordinate with the COO team, onboarding, and product teams to resolve identified issues and streamline processes, while providing feedback on operational improvements.
Skills
- Expert excel Skills: For data analysis and cost reporting
- Data Management: Strong attention to details and rigor in managing client and vendor data, with the ability to organise- and maintain accurate records.
- Collaboration Skills: Experience collaborating with multiple teams, including business, IT, operations, onboarding, and product, to resolve issues and support strategic objectives.
- Good written and oral communication skills: ability to explain clearly verbally and / or in writing the outcome of his/her analysis to diverse and unfamiliar audiences, ability to propose ideas and critical messages in an impactful manner.
