London - Accounts Payable Manager

ACCOUNTS PAYABLE MANAGER

£40,000- £43,000 PA

SOUTH WEST LONDON

FULL TIME PERMANENT ROLE

I have partnered with a private members’ only club to recruit and experienced Accounts Payable Manager, to manage its Procure to Pay process and oversee their busy team. This role requires strong leadership skills, attention to detail, a hands-on approach and the ability to work in a fast-paced environment

Key Responsibilities:

• Supervise and mentor the accounts payable team, including hiring, training, and performance evaluation.
• Develop and implement policies and procedures to ensure efficient and effective accounts payable operations.
• Monitor team workload and workflow.
• Ensure the accurate and timely processing of supplier invoices, purchase orders, expense reports, and payment requests.
• Ensure proper coding and approval of invoices in accordance with policies and procedures.
• Resolve discrepancies and issues related to invoices, payments, and supplier accounts.
• Maintain strong relationships with suppliers and respond to invoices, payments, and account status inquiries.
• Negotiate payment terms and conditions with suppliers as needed.
• Maintain strong relations with interdepartmental team members to manage expectations and understand their needs in connection with supplier relationships.
• Provide training to interdepartmental team members in dealing with purchase orders and invoices.
• Regularly liaise with purchase order issuers to maintain clean purchase ledger records.
• Ensure compliance with internal controls, policies and relevant regulations.
• Prepare and analyse accounts payable reports, including ageing reports and payment forecasts.
• Assist with month-end and year-end closing processes, including reconciliation of accounts payable sub-ledger to the general ledger.
• Assist in the management of the accounts payable budget.
• Assist with the bank transactions coding, processing, and reconciliation.
• Monitor cash flow and manage the timing of payments to optimise cash management.
• Support audits and provide necessary documentation and explanations to auditors
• Identify and implement process improvements to enhance efficiency and accuracy within the accounts payable function.

Person Specification:

• Certification in Accounting, Finance or full or part qualified in AAT.
• Bonus: Experience with Exchequer, iCompleat, or any other purchase-to-pay software.
• Minimum of 5 years of experience in accounts payable or a related finance role, with at least 2 years in a supervisory or management position.
• Strong understanding of accounting principles and accounts payable processes.
• Proficiency in accounting software and Microsoft Office Suite, particularly Excel.
• Excellent leadership, communication, and interpersonal skills.
• Strong analytical and problem-solving abilities with strong attention to detail.