Accounts Payable Assistant

2 months ago


London, United Kingdom Avencia Full time

**Accounts Payable Assistant**:
London Fixed Term Contract

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**About us**:
Avencia Consulting are recruiting on behalf of a leading Specialty Insurer in the City, who are looking to hire an Accounts Payable Assistant to join on a 6 Month FTC.

The Company currently writes lines of business including; specialty insurance: aviation & aerospace, energy, marine, property, terror & political violence, contingency and other specialty lines; reinsurance: property reinsurance, property retrocession, specialty reinsurance, whole account/multi-class and bespoke.

**The role**:
This role will provide support to the Non Technical Accounting team with a focus on Accounts Payable.

**Key accountabilities**:

- Review and verify invoices and check requests
- Enter and upload invoices into accounts payable module for approval
- Sort and code invoices in accordance with pre-determined budget portfolios
- Schedule invoice payments based on defined payment terms
- Prepare and process electronic funds transfers and payments
- Monitor payments and investigate failed transactions if necessary
- Track expenses and process expense reports
- Post transactions to accounts payable ledger and other records
- Monitor accounts payable ledger to ensure supplier payments are up to date
- Research and resolve invoice discrepancies and issues
- Reconcile supplier accounts when necessary
- Correspond with vendors and respond to inquiries
- Maintain electronic vendor files including the verification of vendor bank details

**Skills & experience**:

- Accounts payable or general accounting experience
- Knowledge of relevant accounting software (previous experience with Oracle and SAP Concur preferred)
- Knowledge of general accounting principles considered an asset, particularly in relation to accruals and prepayments
- Proficient in data entry and management
- Ability to prioritize, multitask, problem solve and meet deadlines
- High level of accuracy and attention to detail
- Ability to work as part of a broader finance team
- Excellent verbal and written communication skills
- Working towards an accounting designation not required but considered an asset

**Other**:



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