Accounts Payable Advisor

IQUW Group; London; Hybrid; GBP 30,000 - 45,000; Full time

Job summary

A leading insurance firm based in London is seeking an Accounts Payable Advisor to manage payment processing, invoices, and queries. The role includes working closely with both internal and external stakeholders to ensure streamlined financial operations within a hybrid working model. The ideal candidate will have finance experience, strong attention to detail, and proficiency in P2P systems like Proactis.

Benefits

Competitive salary

25 days holiday

Discretionary bonus scheme

Employee assistance programme

Annual holiday buy

Salary sacrifice benefits

Professional qualifications support

Qualifications

• Experience in finance or accounting operations, preferably in insurance.
• Understanding of accounts payable processes and controls.
• Familiarity with UK banking protocols and AML guidelines.

Responsibilities

• Process manual payments and ensure compliance with internal controls.
• Enter invoices into the Procure to Pay system accurately.
• Respond to internal and external queries promptly.
• Support month-end activities and maintain financial controls.

Skills

Finance experience

Accounts payable knowledge

P2P systems experience

Attention to detail

Communication skills

Analytical skills

Education

Bachelor's degree in accounting or finance

Tools

Proactis

Microsoft Excel

Job description

Overview

About us

IQUW is a speciality (re)insurer at Lloyd's (Syndicate 1856) underwriting a diverse range of Property, Commercial and Speciality (re)insurance products from Cargo and Marine to Political Violence, Terror and War. We combine data, intelligent automation and human expertise to make smart decisions, fast.

ERS is the UK's largest specialist motor insurer with an A+ rating. We recognise that for some, motor insurance is more than just a must-have; it's a way of taking care of what stands at the heart of their passion or livelihood. For those people, standard insurance isn't enough. That's why we work exclusively with motor insurance brokers to help get under the skin of the most difficult insurance risks, helping build products to meet their customer's needs.

The role

The Accounts Payable Advisor is responsible for ensuring accurate and timely processing of payments, invoices and expenses, while supporting the Procure to Pay (P2P) process through Proactis. The advisor plays a key role in maintaining financial controls, resolving queries and supporting month-end activities to ensure smooth and compliant financial operations.

We currently operate a hybrid working model. This entails 3 days per week collaborating with colleagues in the office, and 2 days working from home.

Key responsibilities

• Process manual payments outside of scheduled runs, ensuring compliance with internal approvals and controls.
• Accurately enter and register invoices into the Procure to Pay (P2P) system Proactis, ensuring timely inclusion in payment runs and flagging any delays.
• Respond promptly to internal and external queries received in the inboxes.
• Take ownership of payment runs, liaising with banking authorisers and escalating risks of missed payments to senior stakeholders.
• Provide support for month-end activities, including saving bank statements, supplier reconciliations and reconciling cash receipts.

• Support the business in the P2P process using Proactis, including:
  • Liaise with Procurement to establish monthly processes to ensure Purchase Orders are raised and receipted on a timely basis
  • Monitor Key Performance Indicators to ensure processes are on track and identify issues early
  • Troubleshoot Proactis queries / issues and liaise with non-finance stakeholders to resolve.

Qualifications, skills and experience

• Experience working in a finance or accounting operations team, ideally within insurance or financial services.
• Strong understanding of accounts payable processes and controls.
• Hands-on experience with P2P systems, preferably Proactis.
• Familiarity with UK and international banking protocols, anti-fraud procedures, and AML guidelines.
• Excellent attention to detail, time management, and organisational skills.
• Strong communication and interpersonal skills, with a customer service mindset.
• Analytical and problem-solving capabilities, with a proactive approach to continuous improvement.
• Proficiency in Microsoft Office, especially Excel; experience with accounting software and banking platforms is a plus.
• Bachelor's degree in accounting, finance, or a related field preferred.

Benefits

• Competitive Benchmarked Salary
• 25 days holiday
• Discretionary bonus scheme
• Employee assistance programme
• Annual holiday buy (up to 3 extra days)
• Salary sacrifice benefits
• Annual benefits reviews
• The option for professional qualifications and study support

Additional Information

• A full job description can be seen here.

London, UK/Switzerland or Germany/Hybrid

London, UK/Switzerland or Germany/Hybrid