Accounts Payable Team Leader

Ascot Lloyd group; Reading; Hybrid; GBP 35,000 - 50,000; Full time

Job summary

A leading financial services company is seeking an Accounts Payable Team Leader to oversee their accounts payable function. In this hybrid role, you will manage payment processing, lead a small team, and ensure compliance with regulations and internal controls. The ideal candidate will have strong accounts payable experience, excellent Microsoft Excel skills, and a sharp eye for detail. This is an exciting opportunity to join a dynamic team and contribute to the financial success of the organization.

Qualifications

• Previous accounts payable experience is essential.
• Team leader experience preferred.
• Experience within a medium-sized company structure is desirable.

Responsibilities

• Manage the accounts payable function including payment runs and invoice processing.
• Ensure adherence to processes and controls.
• Assist with month-end procedures and reporting.

Skills

Accounts Payable experience

Excellent Microsoft Excel skills

Excellent communication skills

Attention to detail

Team work

Ability to work under tight deadlines

Tools

Sage 200

Job description

JOB DESCRIPTION

Role title: Accounts Payable Team Leader

Reports to: Financial Reporting Manager

Location:Reading (Hybrid)

Hours of work:35 hours each week

SMCR Function: This is a Conduct Role

Purpose of role

To assist the finance team with managing the accounts payable function, month end accounts production and income/ bank transfer processing and reconciliation as required.

You will have prior accounts payable experience with excellent references. You will have experience of working in a group SME / PE environment. Whilst sector experience is not essential, candidates with time within retail financial services businesses will be favoured.

Key Responsibilities

• Accounts payable management
  • Ensuring the smooth operation of the accounts payable function including weekly payment runs, ensuring all invoices are correctly coded and processed, are authorised by the business and controlling updates to supplier records.
  • Employee expenses monthly process as required
  • Ensuring accounts payable function for acquisitions is managed initially and merged into the current AP processes upon hive up.
• Ensure processes are followed and all controls are adhered to Banking
  • Lading payments and transfers onto the banking system and obtaining authorisations
• Month End
  • Purchase Ledger reporting and reconciliation to Sage general ledger
  • Provide cover for Expense Reporting
  • Matching Direct debit payments with invoices
  • Review aged creditors listing to maintain credit terms
  • Assist in the month end procedures and reporting

• Monitoring, reporting and reconciling of corporate credit cards expenditure including processing credit card accrual
• Issue invoices for ad hoc items e.g. subleases
• Assist with the continued development of finance processes and policies
• Management of accounts payable team

SM&CR Responsibilities

As an FCA regulated Company, Ascot Lloyd are required to adhere to the Senior Managers and Certification Regime (SM&CR), to develop a culture where employees take personal responsibility for their own actions.

Individual Conduct Rules

1. You must act with integrity
2. You must act with due care, skill and diligence
3. You must be open and co-operative with the FCA, PRA and other regulators
4. You must pay due regard to the interests of customers and treat them fairly
5. You must observe proper standards of market conduct
6. You must act to deliver good outcomes for clients

Experience / Skills Required

• Accounts Payable experience
• Team leader experience preferred
• Excellent Microsoft Excel skills
• Experience of Sage – ideally Sage 200
• Very hands on
• Working under tight deadlines
• Have experience of working within a medium-sized company structure
• Financial services or other professional services experience is desirable
• Have a strong eye for detail and accuracy of output
• Excellent communication and interpersonal skills, both written and verbal
• Flexible to meet ad hoc requests
• Drive and ability to plan, prioritise and manage workloads
• Ability to follow processes and procedures in a compliant manner
• Team work
• Excellent record keeping skills