Airtime Accounting Expert

Tesco Mobile

 

It matters to us that Team O2 is as diverse as the communities we serve. 

We’re aware that we need more diversity in our senior leadership roles, so we welcome and encourage people from all backgrounds to apply. 

Whoever you are, O2 has a place for you. 

Come join us.

Location(s):  Slough

Closing Date: 08/08/2022

 

About us

Tesco Mobile is a totally unique business, a 50/50 joint venture between Tesco and Telefónica

O2 that launched back in 2003 and has gone from strength to strength as we’ve launched into

new services, markets and customer propositions.

Working at Tesco Mobile means being employed by one of our joint venture shareholders –

Tesco or Telefónica O2. Our head office roles are advertised with Tesco or Telefónica O2 and

retail roles are advertised through Tesco.

Our culture is uniquely Tesco Mobile with a great sense of community, but with all the

benefits of working for one of the shareholders as well.

We’re all about the customer and their experience. So if you’re as passionate as us about

changing customer experiences for the better in the mobile world, this could be the job for

you.

 

About the role

 

This role centers around understanding the drivers to Airtime Margin, having an interest in understanding the end to end accounting process and engaging with the business to understand the financial impact of commercial initiatives.  Airtime is the largest contributor of margin to the Tesco Mobile business and this role will be high profile, with the ability to make an impact with the commercial teams. Due to Tesco Mobiles organisational size, the role will enable you to understand strategic direction of the business and aid stakeholders in making informed decisions that are good for our customers.

 

Key Responsibilities

  • Ensuring and enhancing the integrity of reporting relied upon for accounting entries and owning/operating key controls whilst overseeing the end-to-end airtime-revenue accounting processes, including subscription revenues, out of bundle calls, SMS and data; roaming and interconnect and related costs.
  • IFRS 15 accounting, working closely with the Commercial Finance team to assess the impact of new propositions and changes, whilst maintaining SSPs for airtime products and handsets and analysing the impact of revenue allocations to assure accurate revenue reporting.
  • Working closely with the Data and Insight team, Finance Operations team and Commercial Finance and building relationships with VMO2 as Tesco Mobile’s network provider.
  • Reporting on all aspects of airtime revenue and costs, debtors and bad debt, providing management information, communicating the results and interpretation of variances and trends, financial accounting and statutory disclosures.
  • Lead on VAT implications of airtime activities including accounting for bad debt, roaming and zero-rated/exempt transactions, and assisting partial exemption accounting.
  • The role holder will seek to optimise process efficiency whilst upholding the highest levels of reporting integrity, championing automation, outsourcing and/or process re-design
  • This role will be a primary contact for the statutory auditors and will facilitate the planning and execution of audit activity across the airtime related activities of TM
  • Providing accurate forecasts and budgets on  Bad Debt to the planning and forecasting team.
  • Responsible for the reporting relationship with OFCOM including quarterly and ad-hoc submissions relating to airtime revenue.

 

What We Need from You:

Essential Skills:

  • Qualified Financial Accountant with post qualification experience in relevant roles
  • Excellent analytical skill – converting data into clear and engaging messages
  • Comfortable analysing large volumes of data and exploring exceptions, inconsistencies and mismatches
  • A keen eye for detail with the ability to spot trends, drivers, levers and use these to optimise performance
  • Demonstrates a growth mindset, curiosity and a desire to make continuous improvements
  • Strong awareness of relevant accounting standards and their practical application
  • Experience of handling large financial data sets and formulating journal entries
  • Previous exposure to accounting for revenues – within a Telco environment would be desired
  • Excellent communication skills, able to swiftly and succinctly pinpoint what is important from a dynamic, broad and deep pool of continuously evolving data 
  • Confident presenting complex and technical matters in a way that is simple, and easily understood by others that are not accounting experts

 

 

We’ll be sending you emails about the status of your application. To make sure you receive these, please add @O2.com and @telefonica.com to your Safe Senders list.

We’re looking to pay a great compensation package (depending on experience) for this position. We also offer plenty of extras to sweeten the deal, which could include things like bonuses, life assurance cover, health care and lots of flexible benefits.  

Also, every employee has their personal development supported with a LinkedIn learning account; plus other role specific learning available through our award-winning digital learning platform – O2 Campus. 

We also believe a great work-life balance is important, so we’re open to considering flexible working arrangements. Like to know more, feel free to raise it.  

Join us and we’ll encourage you to be bold every day. So take a deep breath, your career is about to go to exciting new places. 

If you have any questions around the role then please email ResourceTUK@o2.com who will be happy to help. 

To apply for this job please visit jobs.telefonica.com.