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Senior Accounts Payable Specialist

2 months ago

Stockport, Stockport, United Kingdom NC Associates Full time

Senior Accounts Payable Specialist Role Overview:

We are seeking a highly skilled Senior Accounts Payable Specialist to join our team at NC Associates. This is a business-critical role that will support our organisation in managing workflow for the team and monitoring key performance indicators (KPIs) to ensure maximum productivity across the department.

Senior Accounts Payable Specialist Responsibilities:

  • Supervise the day-to-day operations of the purchase ledger team: This includes processing invoices, matching purchase orders, and reconciling supplier statements.
  • Support a team of purchase ledger clerks: Provide guidance and training to ensure high-quality work and adherence to deadlines.
  • Review invoices and payment runs: Ensure accuracy, completeness, and compliance with company policies and accounting standards.
  • Investigate and resolve complex issues: Discrepancies related to invoices, purchase orders, and payments, escalating issues as necessary to management.
  • Develop and maintain strong relationships: With suppliers and internal stakeholders, proactively addressing escalated queries, resolving disputes, and optimising workflow processes accordingly.
  • Ensure compliance with internal controls: Accounting standards, and regulatory requirements, implementing improvements as needed.
  • Collaborate with cross-functional teams: Including procurement, finance, and operations, to streamline processes, resolve issues, and optimise efficiency.
  • Collaborate with the wider finance team: Assist with month-end and year-end closing processes, including accruals, reconciliations, and reporting.
  • Stay up-to-date with industry best practices: Knowledge about changes in accounting regulations and industry best practices related to purchase ledger processes is essential.
  • Act as a point of contact: For internal and external auditors, providing documentation and support during audits and reviews.
  • Support special projects and initiatives: Contribute financial expertise and insight to achieve business objectives.
  • Support continual systems and process improvement projects:

Senior Accounts Payable Specialist Required Experience:

  • A strong understanding of accounts payable processes and procedures.
  • Advanced proficiency in using accounting software (Microsoft Dynamics 365 F&O) and Microsoft Excel.
  • Previous experience in working in a senior capacity with exposure to delegating team workflow and monitoring team KPI's.
  • Proven experience of leading and supporting systems and process improvement projects.
  • An excellent degree of attention to detail and analytical skills.
  • Advanced problem-solving abilities.
  • Effective communication and interpersonal skills.
  • The ability to manage multiple priorities and deadlines in a fast-paced environment.
  • To be a subject matter expert for the team in Accounts Payable, possessing a full understanding of Purchase to Pay processes.
  • A willingness to adapt to change and embrace new technologies & processes to enhance productivity and performance.