Accounts Payable Manager
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| Job Type | Permanent Full Time |
| Location | West London |
| Area | Greater London, UK |
| Sector | Accounting & FinanceOffice Support |
| Salary | £40,000 plus excellent company benefits |
| Start Date | ASAP |
| Advertiser | Andy Wilson |
| Job Ref | AW9338 |
- Description
- Lloyd Recruitment Services are working with a leading employer based in London recruiting for an Accounts Payable Manager.
Reporting to the Group Reporting Manager, the purpose of the role is to manage the Accounts Payable department covering all group entities to ensure accurate and timely processing of purchase invoices and payment of suppliers while maintaining the purchase ledger and providing support to the finance team. The role also involves assisting with purchase ledger integration of acquisitions and implementation/upgrades of new systems and business processes.
Roles and responsibilities:
Preparing supplier payment runs for all entities
Managing purchase ledger assistants – presently team of 3, Mentoring and training
Streamlining processes
Identifying weaknesses in systems and processes and highlighting these and taking corrective action
Ensuring Proforma Invoices are dealt with correctly
Ensure correct VAT accounting across various VAT registrations
Coding and posting of supplier invoices across MIG and subsidiaries
Reviewing all AP ledgers weekly and clearing up old items and debit balances
Supplier statement reconciliations
Handling supplier queries
Building relationships with key suppliers
Building relationships with internal customers across all sites
Managing Standing Orders for various group properties
Maintaining our invoice authorisation system
Preparing weekly cash balances report
Bank reconciliations
Managing Direct Debits
Ad-hoc project work
Key results areas:
Hiring, training, motivating, and evaluating Accounts Payable staff members
Overseeing routine department activities, to ensure that they are completed accurately and on time
Maintaining accurate and complete financial, employee, and client records
Compiling, analysing, and reporting financial information to senior management
Setting and facilitating the achievement of department objectives
Developing, implementing, improving, and enforcing budgets, policies, and department controls to increase accuracy and efficiency
Building and maintaining relationships with employees and clients
Personal specifications and competencies:
Interpersonal skills:
Strong influencing skills with the ability to influence and negotiate for time and resources at all levels
Evidence of success in building and managing relationships with high level stakeholders
Evidence of success in prioritising and dealing with high level sensitive information and enquiries and taking appropriate action on a regular basis
Organisational awareness with the ability to operate with confidence and credibility across all functions of the Company
IT, administrative and organisational skills:
Extensive knowledge of Microsoft packages including Word, Excel and PowerPoint with the ability to create presentations at an advanced level
Excellent planning, organisational and time management skills, with the ability to work under pressure and to tight deadlines and to demonstrate an effective and resourceful approach to addressing issues
Other special requirements:
Bachelor’s degree in Accounting, Finance, Management, or related field
Experience preferred particularly in a leadership role
Extensive knowledge about accounting and management principles and Accounts Payable procedures
Excellent communication and interpersonal skills
Proficiency with computers, especially business solutions and bookkeeping software
Strong planning and problem solving skills
Ability to analyse information and processes
Motivation to develop and maintain internal and external relationships
Commitment to ethical behaviour with a willingness to adhere to all company policies and current financial legislation
Salary of £40,000 plus excellent company benefits
Due to the high volume of applications, Lloyd Recruitment Services can only contact shortlisted candidates
