Accounts Payable Accountant

NES Fircroft; Greater London; On-site; GBP 30,000 - 45,000; Full time

Job summary

A leading engineering staffing provider is seeking an Accounts Payable Accountant for a long-term contract in Greater London. This role involves managing vendor relationships, processing invoices, and ensuring compliance with financial regulations. The ideal candidate will have strong analytical skills and proficiency in accounting software like SAP, alongside a relevant degree and experience in financial operations.

Qualifications

• Bachelor's degree in Accounting or Finance.
• Experience with SAP or similar software preferred.
• Knowledge of tax regulations related to accounts payable.

Responsibilities

• Process and manage vendor invoices and payments.
• Conduct account reconciliations and maintain accurate financial records.
• Assist during month-end and year-end closing processes.

Skills

Attention to Detail

Analytical Skills

Effective Communication

Problem-Solving

Time Management

Education

Bachelor degree in Accounting, Finance, or a related field

Part qualification in ICAEW/ACCA or similar

Tools

SAP

Microsoft Excel

Oracle

Job description

Our client, an oil and gas operator, are currently hiring an Accounts Payable Accountant on a long-term contract basis

Purpose:
The role main responsibility is to carry out activities relating to Accounts payable function including vendor management, processing and approval of invoices to ensure accurate booking in SAP and timely payments.

Main Accountabilities and Responsibilities:

Within the frameworks of relevant MSGs internal control procedures managing and processing vendor invoices, ensuring timely payments, reconciling accounts, and maintaining accurate financial records.

Carry out following activities:

• • Invoice Processing: Review, verify, and process invoices, ensuring proper approvals and coding to the correct accounts.
  • Vendor Management: Maintain relationships with vendors, resolve payment discrepancies, and respond to inquiries. Also creating and managing requests for creation of new vendors in SAP.
  • Payment Processing: Prepare requests for payments for submission to treasury department while ensuring compliance with company policies and payment terms.
  • Reconciliation: Reconcile accounts payable transactions and statements, ensuring accuracy in financial reporting.
  • Expense Reports: Process employee expense reports, ensuring compliance with company policies.
  • Month-End Closing: Assist in month-end and year-end closing processes, including accruals and reconciliations.
  • Compliance & Documentation: Maintain proper documentation, ensure adherence to internal controls, and support audit requests.
  • Process Improvement: Identify and implement process efficiencies to optimize the accounts payable function.

Others

• Ad hoc duties as may be required.
• To ensure adherence to the Company’s Health, Safety & Environment policies, procedures and standards.
• To fully comply with Code of Ethics and Compliance Model

Main Interfaces (relationships):

Internal:

• Finance function teams in particular treasury and planning teams, Invoice contract holders in other functions of the company e.g. HR, project technical function, HQ etc.

External:

• Vendors, service providers/contractors etc.

Education & Professional Qualifications:

• Bachelor degree in Accounting, Finance, or a related field (preferred).
• Not mandatory but part qualification in ICAEW/ACCA or similar professional qualification will be preferred
• Not mandatory but any training on SAP or Excel will be preferred
• Knowledge of tax regulations and compliance related to accounts payable.
• Familiarity with automated invoice processing systems is preferred.

Required Experience and Technical Competencies (relevant experience and technical skills):

• Technical Skills: Proficiency in accounting software (SAP, Oracle, or similar) and Microsoft Excel.
• Attention to Detail: Strong analytical skills with a high level of accuracy.

Behavioural Competencies:

• Demonstrate Model of Excellence
• Sharing of Knowledge & Know-how
• Courage to change
• Teamwork
• Passion
• Setting an example

• Communication: Effective verbal and written communication skills for vendor and internal stakeholder interactions.
• Problem-Solving: Ability to resolve invoice discrepancies and payment issues efficiently.
• Time Management: Ability to prioritize and meet deadlines in a fast-paced environment.

Working Conditions

• Flexibility to work overtime may be requested during busy times or in special circumstances;
• Available to travel and work on sites in the UK as may be required from time to time

With over 90 years' combined experience, NES Fircroft (NES) is proud to be the world's leading engineering staffing provider spanning the Oil & Gas, Power & Renewables, Chemicals, Construction & Infrastructure, Life Sciences, Mining andManufacturingsectors worldwide. With more than 80 offices in 45 countries, we are able to provide our clients with the engineering and technical expertise they need, wherever and whenever it is needed. We offer contractors far more than a traditional recruitment service, supporting with everything from securing visas and work permits, to providing market-leading benefits packages and accommodation, ensuring they are safely and compliantly able to support our clients.