cost accountant Heathrow, England
Job description
This is a key time to be joining British Airways as we Build a Better BA. We take huge pride in our past – but we’re looking to the future as an airline that loves embracing the best of modern Britain. Our country’s creativity, diversity, style, wit and warmth are the same special qualities that make us who we are. If you’re made of the same qualities as us, you could soon be part of the next chapter of our story. Together as one team, we’re connecting Britain with the world and the world to Britain like no one else
British Airways brand is recognised around the globe. We serve millions of customers every month, connecting Britain with the world and the world with Britain. We have multiple distribution channels and customer propositions, and we fly thousands of passengers every day. To enable our business to make the strategic business decision, we need to ensure that we efficiently collect, manage and account for all revenue streams.
If you are looking for a career in the aviation sector which offers challenges and exciting opportunities to work with world class revenue accounting system, then British Airways is the place for you. You’ll have a key role in BA Revenue Accounting team with many opportunities to develop and make your mark on our business.
Not only will you have the chance to further your career development within BA, but you’ll also have the opportunity to make full use of our perks– Competitive Pension and Discretionary Benefits - Discounted flights, Brand discounts, Airport Parking, Discounted health club memberships, and the option to join our voluntary benefits including Private Medical Cover, Dental and Critical Illness Cover…plus more!
As a Banking and General Ledger Analyst, you will be responsible for handling worldwide Bank and Balances Sheet accounts linked to cash collections, from processing settlement and bank files to reconciliation, as well as driving initiatives that deliver strategic and innovative changes in our processes and system.
An experience in the airline industry is desirable, however the essential competencies for this job are:
- Ability to distil complex technical information into clear simple messages
- Comprehensive knowledge of ICFR, GDPR and PCI standards to the extent they apply to credit card settlement and banking processes
- Good team working and interpersonal skills, ability to influence and negotiate with stakeholders at all levels
- Supplier management – monitor activities performed by WNS within area of responsibility, for timeliness and accuracy, provide support as and when needed to ensure suppliers can meet their commitments to BA
- Ability to proactively and constructively challenge assumptions and approaches
- Track record of working on own initiative
- Flexible approach to a changing environment and a self-teaching attitude
- Resilience, commitment and ability manage complex and ambiguous requirements and situations
- Able to break down a high level target to specific actions; work, self-directed, dealing with ambiguity, to meet business objectives
- Good knowledge of industry settlement processes and systems
What you will do:
- Ensure all bank statements and all settlement files from various industry sources and card companies are received and loaded into SAP on a daily basis
- Follow up with the senders if files are not received, not in the expected format or not correct
- Settlement reconciliation
- Designs and delivers appropriate solutions through proactive cross-functional working with the business areas (e.g. Treasury, Group Reporting) and the IT teams,
- Works with external providers and 3rd parties (i.e. IATA, card acquirers) to improve timeliness in data availability, increase automation and accuracy in the settlement process
- Assesses industry changes impacting automation and data requirements / data availability in the settlement / banking area and where required or beneficial, initiates their adoption within BA
- Project manages and implements settlement related activities impacting potentially multiple business areas, from scope to implementation.
- Strict adherence to ICFR, GDPR and PCI standards in all processes
Our Corporate and Support roles come with big potential to make your mark on our business. The airline industry changes so fast that we’re constantly evolving and finding new ways to impress customers and get ahead of our competitors. If you’re an innovator and brave and bold thinker, you will be in your element at British Airways.
Your impact on British Airways will be rewarded with a competitive rewards package plus the opportunity to develop and progress your career in many directions.
We are an equal opportunities employer and value diversity at British Airways. We do not discriminate on the basis of race, religion, age, marital status, veteran status or disability status. This job description is intended to convey information essential to understanding the scope of the job and the general nature and level of work performed by job holders within this job. However, this job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities or working conditions associated with the position.
N.B. We reserve the right to close a vacancy before the closing date in the event of an overwhelming response or a change in business priorities
