Accounts Payable Team Leader

Accounts Payable Team Leader

About our client:

Embark on a rewarding journey with our dynamic and forward-thinking team, dedicated to driving positive change in the finance sector. As a key player in our Group Finance operation, you'll be at the forefront of innovative financial solutions, contributing to the success of a sustainable and customer-focused organization. We foster a collaborative and supportive work environment where your skills and ideas are valued, providing ample opportunities for professional growth and development.

Working within the Group Finance operation, the objective of this position is to take the lead in the accounts payable section. This is a challenging and exciting role managing a small team of 5. It requires the post holder to work within strict timelines, providing strong customer service and an awareness of regulation compliance.

This role will report into the Accounts Payable Manager, responsible for managing accounts payable and payment processing. You will be positive and keen to learn with a can-do attitude. The department is very friendly but extremely professional in its approach to dealing with a high-volume workload.

In addition to the core responsibilities, you may be responsible for undertaking other project-based work as the need arises from across the group - all aimed at delivering a high and consistent quality of service to customers.

Core Responsibilities - Supervisory tasks

- Responsible for all aspects of the purchase ledger and to be the first escalation point of contact for the team and our customers.
- Additional responsibilities include expenses, bank reconciliations, and ad hoc support to the AR department.
- Managing the checking, chasing, and obtaining authorization of invoices.
- Managing the team’s workload of coding, batching, and inputting invoices.
- Supplier account reconciliation.
- Checking and authorizing payment runs - weekly and ad hoc.
- Ensuring the completion of banking, completion of invoices, and other ad hoc duties are carried out by the team in a timely way to meet month-end requirements.
- Ensure the timely completion of month-end bank reconciliations.
- Checking for accuracy within the purchase ledger, including Intercompany and Ad-Hoc invoicing.
- Oversee the Quarterly self-billing invoices for Microtricity and Intercompany Management charges.
- Supervising the staff expenses process.
- General ledger account reconciliation.

Additional Responsibilities

- Working closely with all staff in the finance team and assisting with any ad-hoc queries as they arise.
- Purchase Orders querying and education of staff outside of Finance.
- Providing cover for other payment processing team leaders in their absence.
- Provision of reporting documentation for individual and team performance.
- Carrying out regular 1:1 meetings and performance reviews with the team.
- Any other ad-hoc duties as requested by Manager or Head of Department.

About You

Skill Set Required

- Excellent understanding of accounts and general ledger.
- Good experience of expense coding and VAT.
- Liaison with industry participants, industry bodies, and external customers.
- Ability to build rapport.
- Confident and professional telephone manner.
- Excellent attention to detail and investigative skills.
- High level of numeracy, accuracy, and problem-solving ability.
- Good computer literacy; adept with Microsoft Office and experience with bespoke software packages.
- Ability to organize workload and manage multiple priorities.

Specific Knowledge Required

- Experience in working in a busy finance department.
- Experience of leading small/medium-sized teams.
- In-depth knowledge of purchase ledger processing.

Specific Knowledge Desired

- Experience with Workday processing.
- Qualified to AAT level 3.
- Power Query/Power BI understanding/knowledge.

Perks and Benefits

In addition to the intrinsic satisfaction of contributing to a purpose-driven organization, we offer a comprehensive benefits package. Enjoy a healthcare plan, life assurance, and a generous pension contribution to secure your future. Embrace the flexibility of hybrid working arrangements, allowing you to balance work and life seamlessly. Take advantage of various company discounts on shops, days out, and events, adding an extra layer of enjoyment to your everyday experiences. With 25 days of holiday (plus bank holidays) and the option to buy/sell days, you have the flexibility to tailor your time off. Join us in promoting a healthier and eco-friendly lifestyle with our cycle-to-work scheme, carpooling options, and onsite parking facilities. It's more than just a job; it's an opportunity to be part of something meaningful and fulfilling.