Accounts Payable Manager - Vice President

MUFG Bank, Ltd.; London; Hybrid; GBP 60,000 - 100,000; Full time

Job summary

Join a leading financial group where your contributions matter. As an Accounts Payable Manager, you will oversee a dynamic team, ensuring timely payments and compliance while optimizing processes. This role offers the opportunity to engage with senior stakeholders, drive improvements, and foster a culture of excellence. With a commitment to diversity and inclusion, you will thrive in a supportive environment that values innovation and career growth. Experience a hybrid working model while making a meaningful impact in the financial sector.

Benefits

Hybrid working policy

Flexible working requests

Competitive salary

Wide range of benefits

Qualifications

• Experience managing onshore and offshore teams.
• Strong background in accounts payable processes and compliance.

Responsibilities

• Oversee end-to-end AP processes including payments and reconciliations.
• Train staff and ensure adherence to governance policies.

Skills

Stakeholder management

Effective communication

Flexibility and adaptability

Policy development

Operational expertise in Accounts Payable

Tools

Oracle Fusion Cloud

Job description

Accounts Payable Manager - Vice President

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world's leading financial groups. With 120,000 colleagues worldwide, we aim to make a difference for our clients, organizations, and communities. Our values focus on building long-term relationships, serving society, and fostering sustainable growth.

Our vision is to be the most trusted financial group globally. We prioritize people, encourage diverse ideas, and promote innovation, speed, and agility. We invest in talent, technology, and tools to empower your career growth.

Join MUFG, where inspiration is expected and meaningful impact is rewarded.

Overview of the Department/Section

The Accounts Payable Department reports to the Head of Procurement and plays a crucial role in ensuring timely payments to MUFG's suppliers. The Accounts Payable Manager oversees governance, manages SLAs and KPIs, provides management reports, and handles escalations. The role also ensures compliance with accounts payable, corporate card, and expense policies.

Main Purpose of the Role

Reporting to the Head of Procurement, the Accounts Payable Manager leads a team of onshore and offshore staff. Responsibilities include staff training, providing appropriate tools, managing payment processing, ensuring compliance, and risk management. The role involves optimizing system usage and guiding system enhancements to maintain modern processing and risk controls.

Key Responsibilities

• Manage risk and capacity through comprehensive Key Indicators
• Analyze data to identify process challenges and report to management
• Engage with senior stakeholders to promote best practices and compliance
• Evaluate and improve processes and systems for efficiency and cost-effectiveness
• Address audit requirements
• Oversee end-to-end AP processes, including supplier payments, invoice follow-ups, reconciliations, and failed payments
• Coordinate with Finance and Tax functions for alignment
• Manage team performance and ensure adherence to governance policies
• Train Accounts Payable staff, maintaining accurate training materials
• Ensure timely payments and escalate risks as needed
• Document and implement process improvements and system enhancements
• Maintain strong controls, identify risks, and implement improvements

Work Experience

• Experience managing onshore and offshore teams
• Desirable: familiarity with Oracle Fusion Cloud
• Experience in policy development, ownership, and reporting
• System ownership and governance experience

Skills and Experience

Functional / Technical Competencies:

• Effective communication across business and with suppliers
• Excellent verbal and written communication skills
• Maintain accounts payable records
• Stakeholder management, including reporting difficult messages
• Work prioritization and task allocation
• Flexibility, resilience, and adaptability
• Recognized as an operational expert in Accounts Payable

MUFG offers a hybrid working policy (3 days in the office) and considers flexible working requests. We are committed to diversity, inclusion, and equal opportunity employment, opposing discrimination in all forms.

Benefits include a competitive salary and a wide range of benefits.