Accounts Payable Team Leader

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

Job summary

A leading company in financial services is seeking an Accounts Payable Team Leader to oversee accounts payable functions and manage a dedicated team. This hybrid role based in Reading involves ensuring operations run smoothly and collaborating with finance on month-end reporting. The ideal candidate will have strong accounts payable experience, team leadership skills, and proficient knowledge of Sage and Excel.

Qualifications

• Prior accounts payable experience required with excellent references.
• Team leader experience preferred.
• Experience in a medium-sized company structure is desirable.

Responsibilities

• Ensure smooth operation of the accounts payable function.
• Prepare purchase ledger reports and assist in month-end procedures.
• Manage accounts payable team.

Skills

Accounts Payable experience

Microsoft Excel skills

Communication skills

Teamwork skills

Attention to detail

Planning and prioritization skills

Tools

Sage

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. Experience working in a group SME / PE environment is preferred. Sector experience is not essential, but candidates with retail financial services background will be favored.

Key Responsibilities

1. Accounts payable management
   • Ensure smooth operation of the accounts payable function, including weekly payment runs, correct coding and processing of invoices, authorization by the business, and updates to supplier records.
   • Manage employee expenses monthly process as required.
   • Oversee accounts payable for acquisitions, initially managing and then merging into current AP processes.
2. Ensure processes are followed and controls are adhered to.
3. Banking
   • Liaise with payments and transfers onto the banking system and obtain necessary authorizations.
4. Month End
   • Prepare purchase ledger reports and reconcile to Sage general ledger.
   • Provide cover for expense reporting.
   • Match direct debit payments with invoices.
   • Review aged creditors to maintain credit terms.
   • Assist in month-end procedures and reporting.

• Monitor, report, and reconcile corporate credit card expenditure, including processing credit card accruals.
• Issue invoices for ad hoc items, e.g., subleases.
• Assist with developing finance processes and policies.
• Manage accounts payable team.

SM&CR Responsibilities

As an FCA regulated company, Ascot Lloyd adheres to the Senior Managers and Certification Regime (SM&CR), fostering a culture of personal responsibility.

Individual Conduct Rules

• Act with integrity.
• Act with due care, skill, and diligence.
• Be open and cooperative with FCA, PRA, and other regulators.
• Pay regard to customer interests and treat them fairly.
• Observe proper standards of market conduct.
• Deliver good outcomes for clients.

Experience / Skills Required

• Accounts Payable experience.
• Team leader experience preferred.
• Excellent Microsoft Excel skills.
• Experience with Sage, ideally Sage 200.
• Hands-on approach.
• Ability to work under tight deadlines.
• Experience in a medium-sized company structure.
• Financial services or professional services experience is desirable.
• Strong attention to detail and accuracy.
• Excellent communication and interpersonal skills.
• Flexible to meet ad hoc requests.
• Strong planning, prioritization, and workload management skills.
• Ability to follow processes and procedures compliantly.
• Teamwork skills.
• Excellent record-keeping skills.