Property Payment Administrator

Royal London; London; Hybrid; GBP 23,000 - 28,000; Full time

Job summary

A leading financial services company is seeking a Property Payments Administrator in London. The role involves managing the invoice payment process and requires strong skills in accounts receivable and payable. Ideal candidates will have previous experience in similar positions and the ability to work efficiently with various stakeholders.

Benefits

28 days annual leave

Up to 14% employer matching pension scheme

Private medical insurance

Qualifications

• Experience in accounts receivable and payable.
• Knowledge of Procure to Pay systems.
• Experience in asset management is preferable.

Responsibilities

• Manage, oversee, and process all aspects of accounts receivable and payable.
• Arrange payments for invoices and purchase orders.
• Handle internal and external queries.

Skills

Microsoft Excel

Outlook

Risk management

Curiosity

Tools

Proactis

Job description

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Job Title: Property Payments Administrator

Contract Type: Permanent

Location: London

Working style: Hybrid 50% home/office based

Closing date: 23rd June 2025

We currently have an opportunity for a Property Payments Administrator to join the Royal London Asset Management (RLAM) Property Payments team on a permanent basis in London.

Responsible for the end-to-end invoice payment process for all Funds within the Property Front Office team, this role involves managing, overseeing, and processing all aspects of accounts receivable and payable invoicing accurately and timely. Tasks include setting up and amending purchase orders, budget orders, receipting, payments and handling internal and external queries.

As a specialist, you will collaborate with key stakeholders and departments to ensure compliance with financial policies, regulations, controls, and procedures. This is a fantastic opportunity for a driven individual with payments experience and aspirations to develop their career within an asset manager.

About The Role

• Register/amend purchase and budget orders and arrange payment of invoices – end to end processing, management and oversight
• Register and arrange payment of stand-alone invoices received – end to end processing, management and oversight
• Query management and resolution internally and externally (third parties)
• Manage user access to relevant systems including set-up of new third parties, property and accounting codes
• Undertake bank verification checks on new third parties/change of bank details
• Ad-hoc tasks as required e.g. monitor bank account balances reporting to the relevant Fund/Development Manager
• Prepare VAT invoices as required and arrange payment
• Verify new subcontractors with HMRC – Construction Industry Scheme
• Escalation of items, as required, to the manager/senior leaders
• Regular internal Operations and governance reporting
• Timely management off the team mailboxes.
  
  

About You

• Previous experience of working in accounts receivable and payable / Procure to Pay automated systems.
• Previous experience within an asset property management company or similar industry – preferable.
• Understanding and experience of working with the Procurement to Pay system ‘Proactis’ – highly desirable.
• Strong Microsoft Excel skills.
• Strong Outlook skills.
• Risk management and control awareness - lead by example.
• Curiosity and willingness to learn from others.
  
  

About Royal London Asset Management

Royal London Asset Management (RLAM), part of the Royal London Group, is one of the UK's leading fund management companies working with a wide range of clients across the globe to achieve their investment goals. Our long-term, client-driven focus means that we have a long-standing commitment to responsible investment. We act as responsible stewards of our clients’ capital, exercising their rights and influencing positive change.

Our People Promise to our colleagues is that we will all work somewhere inclusive, responsible, enjoyable and fulfilling. This is underpinned by our Spirit of Royal London values; Empowered, Trustworthy, Collaborate, Achieve.

We've always been proud to reward employees by offering great workplace benefits such as 28 days annual leave in addition to bank holidays, an up to 14% employer matching pension scheme and private medical insurance. You can see all our benefits here - Our Benefits

Inclusion, diversity and belonging

We’re an Inclusive employer. We celebrate and value different backgrounds and cultures across Royal London. Our diverse people and perspectives give us a range of skills which are recognised and respected – whatever their background.

Seniority level

• Seniority level

  Entry level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Sales and Management

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