Finance Analyst

About The Company

OCS UK & Ireland is a leading facilities management company with 50,000+ colleagues and a turnover in excess of £2bn. We deliver innovative, award-winning services within facilities management, hard services, cleaning, security and catering.

Our mission is to make people and places the best they can be for our colleagues, customers and the communities we serve.

Our commitment to doing business the right way is rooted in our TRUE values
- Trust, Respect, Unity, and Empowerment.

Days of Working: Monday to Friday

Role Overview: The Finance Analyst role sits within Procurement and will be responsible for end-to-end supplier rebate governance and strengthening the integrity of Procurement’s value delivery reporting. You will ensure rebates are validated, claimed, reconciled and received and that savings, cost avoidance, synergy and inflation challenges are evidenced and auditable. The primary purpose of this role is to reduce value leakage, improve transparency and enable faster and better commercial decisions.

Functional

• Manage the end-to-end rebate lifecycle from agreement to reconciliation through to cash collection.
• Maintain the central rebate tracker ensuring accurate forecasting and benefit realization.
• Working with the Category Management team and Legal to ensure rebate clauses are unambiguous and exclusions, tiering and volumes are adequately reflected in the tracker.
• Collaborate with finance to ensure rebates are processed and accrued correctly and VAT treatment is consistent with finance policies.
• Work with finance to resolve aged debt queries impacting supplier relationships.
• Report monthly on rebate earned, claimed, received and any at risk leakage.
• Carry out detailed cost-benefit analysis for any proposed synergy initiatives.
• Validate synergy opportunities in collaboration with Synergy Lead, Analysts, Category Managers and Operational Stakeholders.
• Analyse pricing structures, service levels and cost optimisation metrics.
• Identify opportunities for volume-related discounts and improved commercial terms.
• Develop and maintain synergy tracker and dashboards using Excel and Power BI.
• Monitor the progress towards the rebate and the synergy target, raising any risks or bottlenecks.
• Provide regular reports on progress to the Head of Procurement Transformation and Heads of Category.
• Audit rebate and synergy numbers to ensure accuracy and compliance with actual OCS volume/value throughput and align with reported savings.
• Provide seamless engagement with Finance to ensure we uphold our commitment to pay our suppliers on time.
• Form strong, productive relationships with both the business, finance and the supply base ensuring the UK and Ireland business is the customer of choice leading to business growth and profitability.

• Avoid conflict of interests between personal interests and the interests of the UK & Ireland group.
• Exercise independent judgment, reasonable care, skill, and diligence when carrying out their duties.
• Act in good faith and promote the long-term success of each company within the UK & Ireland group for the benefit of all members and wider stakeholders.
• Adhere to and promote the UK & Ireland group’s policies on equality & diversity, information security, health and safety and data protection in the performance of their duties and the management of the departmental functions reporting into them.
• Support and promote the UK & Ireland group’s sustainability plans and policies, including the Carbon Management Plan, and carry out duties in a resource effective way, recognizing the shared responsibility of minimizing negative environmental impacts wherever possible.
• Comply with the CIPS Code of Conduct by enhancing and protecting the standard of the profession, maintain the highest standard of integrity in all business relationships, promoting the eradication of unethical business relationships, enhancing the proficiency and stature of the profession, ensuring compliance with laws and regulations.
• Comply with ethical practices when sourcing goods or services for the UK and Ireland business

Necessary:

• ACCA, CIMA or ACA qualified or part…