Cloud Invoice Manager

Website Lloyds Banking Group

Salary & Benefits:

£48,784 to £66,980 per annum (location dependent), plus annual personal bonus, 15% employer pension contribution, 4% flexible cash pot, private medical insurance, 30 days holiday plus bank holidays.

We also offer flexible working hours, agile working practices flexibility to suit your lifestyle and ensure a good work-life balance.

 

Who are Lloyds Banking Group and where does this role sit?

You might not know that Lloyds Banking Group (LBG) is the UK’s leading digital bank and its biggest mobile bank – with over 13 million active online customers.

We’re now embarking on a three year, £3bn, transformation programme – putting unprecedented levels of investment into our platforms, people and data capabilities to build the bank of the future.

As part of Group CIO, Cloud Services is the primary agent for crafting and then running a future Cloud capability and the associated eco-system of future service partners.

 

What will I focus on in this role?

This is an exciting opportunity to join the team as a Private Cloud Invoice Manager leading to the evolution of our financial management processes and associated controls (budgeting, cost control, payments / invoice processing, cost transparency, modelling, etc.) in a multi-platform environment to ensure we receive the services we expect to the highest standards!

Within Cloud Services, the Cloud Contract and Commercial Team provides a Centre of Excellence to our Traditional and Private Cloud Service lines. We provide financial and performance insight to the consumption of services which enables Service Owners to take effective business decisions. We work closely with the platform teams, process teams and business value streams to ensure that the services are run effectively. This role requires the ability to work as a member of a small team, whilst also being motivated to drive continual improvement to processes and ensure that controls are adhered to.

 

Specific activities which you’ll be responsible for include things like;

  • Lead the finance control systems in line with internal procedures and provide updates to the Cloud
  • Services Director and budget holders as required.
  • Become the subject matter expert for all Private Cloud charging methodologies, assessing any changes proposed to them.
  • Supervise the checking and subsequent challenge / approval of invoices and payments from and to the strategic Cloud partner for all Cloud infrastructure change and RTB usage to ensure accuracy, adherence to contractual clauses and appropriate sign offs. Ensure timely payment of invoices and track recoveries.
  • Lead monthly expense reviews with budget / cost-code owners and report and communicate positive and negative trends
  • Drive the ongoing management / administration of the Cloud Services cost transparency / recovery model (i.e. the chargeback or show-back model). Handle the production of monthly reporting, rate setting and other analysis required by business or Cloud Services leadership in relation to the service cost transparency model and associated processes
  • Relationship management for budget holders, the Cloud Services Director and Group Finance to provide information and agree budgets and forecasts
  • Responsible for the preparation and ongoing management (update/adjust) of the Cloud Services budget through Q2F, 4YOP etc.
     

What do we need to see from applicants?

  • Extensive budget management experience, including development, coordinating, forecasting and reporting
  • Strong understanding of Lloyds internal financial tools, such as CMA, Buying Online & journal processing.
  • Wide experience of contract planning, renewal and supplier management standard methodologies
  • Demonstrable understanding of accounting principles in an IT environment ideally a CA/CPA qualified professional.
     

What else would be handy?

  • Understanding of Project Management within Clarity
  • Procedural/Product/Specialist Knowledge
  • Budgeting/Forecasting and Analytical Skills
  • Senior Management Engagement and Organisational Awareness
     

What can I expect in Return?

We’re dedicated to giving you opportunities and support to develop you both professionally and personally to optimise your potential!

As a new colleague to the team, you’ll join us on our journey to build a 21st century bank that reflects modern Britain and craft an inclusive culture where all colleagues feel encouraged and valued.

We’re committed to building a workforce which reflects the diversity of the customers and communities we serve, and to building an inclusive environment where all our colleagues can be themselves and succeed on merit. We support the principles of agile working and equal opportunity and are happy to consider flexible working arrangements.

 

Together we’ll make it possible!

At Lloyds Banking Group, we’re driven by a clear purpose; to help Britain recover. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you’ll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you’ll have many opportunities to learn, grow and develop.

 

We’re focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.

To apply for this job please visit lbg.wd3.myworkdayjobs.com.