Revenue Agreements Partner at TfL expanding contactless payments across National Rail services. Leading negotiations and draft agreements for fare revenue management.
Responsibilities
Leading the drafting of Commercial Agreements, both new or update existing, working with payments and commercial colleagues to understand implication of changes.
Reviewing existing agreements to ensure these are up to date, and identifying opportunities for reshaping/ renew our agreements, in the context of industry developments, fares and ticketing policies and payments strategy.
Leading negotiations with transport operators, Department for Transport, London Councils and other non-transport operators to agree revenue allocation and payments.
Supporting the development of proposals for revenue allocation/payments and thinking through the implications for TfL and external parties by analysing a number of options.
Delivery and management of agreements, including provision of data and analysis to external parties when required and concluding ongoing settlements through formal documentation of what is agreed.
Leading on annual cost reviews, liaising with internal SMEs and external stakeholders to communicate costs.
Liaising with commercial and procurement teams on agreements matters and internal accountants (Finance) on settlements, and assurance on audit processes to ensure that payments are delivered as agreed and implemented.
Requirements
Thorough understanding of contracts and agreements in transport, particularly regarding revenue and fares.
Education to at least degree standard in a quantitative or technical discipline or relevant experience.
Knowledge of contractual ticketing agreements regarding fares and revenue sharing arrangements in rail an advantage.
Knowledge of London and its transport network, knowledge of the rail industry an advantage.
Use of Excel to advanced level, including the capability to handle very large and complex spreadsheets; familiarity with Business Objects or other database interrogation skills is desirable.
Benefits
Final salary pension scheme
Free travel for you on the TfL network
Reimbursement of 75% of the cost of a standard class Ticket for National Rail travel from home or 75% reimbursement on a 28-day flexi ticket
30 days annual leave plus public and bank holidays
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