Accounts Payable/receivable Lead

6 months ago


Blyth, United Kingdom Royal IHC Full time

The role:_

We have a very exciting opportunity in our finance department for an Accounts Payable / Accounts Receivable Lead (6 months fixed term).

Accounts payable and receivable are transacted in IFS 10, which is enabled with automated purchase order to invoice matching via Kofax.

Accounts receivable is a relatively small ledger with around 20-30 core customers. We operate a business responsibility process on collecting cash, which is well maintained and managed by the finance department.

You will be responsible for:

- Ensure supplier’s invoices/credits are processed in an accurate and timely manner, ensuring they are correctly matched to purchase orders, receipted goods and coded correctly;
- Responsible for the supplier/expense payment runs for both UK and foreign suppliers ensuring suppliers are paid on a timely basis and remittances sent out in a timely manner;
- Maintain the Goods Received Not Invoiced account ledger ensuring the balance is materially correct at month end;
- Lead monthly creditor reviews and drive actions through to conclusion in a timely manner;
- Raise sales invoices for external and internal customers in line with internal authorisation levels, reconcile Debtors ledger and ensure that payments are received on time;
- Lead weekly Debtor reviews and drive actions through to conclusion in a timely manner. Inform Financial controller / Finance manager of any debtors that need to be assigned to project or management teams;
- Assist the Financial controller with the preparation of the Monthly Short Term Cash Flow Forecast (3 month look ahead).

Job requirements:

- Experience in a similar role with the ability to demonstrate they have strong management skills
- Strong Microsoft Excel experience i.e. Pivot tables and experience of Finance Systems
- Experience of processing foreign exchange transactions in the key reporting areas
- Experience of managing customer and supplier relationships

Desirable Criteria:

- Experience with the IFS business system;
- Experience within an engineering or construction company;
- Experience of working within a small finance team.



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