Accounts Payable Manager

5 days ago


London, Greater London, United Kingdom Marks Sattin Full time

A leading recruitment agency, Marks Sattin, is seeking an experienced Accounts Payable Manager to join their team.

As a key member of the finance department, you will be responsible for managing a team of 6 and overseeing the day-to-day operations of accounts payable.

Key Responsibilities:

  • Team Management: Plan and coordinate tasks, review work product, and evaluate team performance to ensure efficient operations.
  • Risk Management: Collaborate with the Head of Accounts Payable to establish procedures and guidelines to mitigate the risk of theft and fraud.
  • Internal Controls: Ensure effective internal controls are in place to safeguard financial transactions and assets.
  • Process Improvement: Assist in establishing procedures and guidelines for accounts payable processes, including internal controls and workflow optimization.
  • Work Distribution: Ensure a fair and equal distribution of work among team members.
  • Payment Processing: Oversee the preparation and processing of electronic transfers and payments.
  • Expense Management: Process staff expenses and ensure timely reimbursement.
  • Aged Creditor Reviews: Conduct regular reviews of aged creditors to ensure timely payment and minimize outstanding balances.
  • BACS Payment Processing: Double-check and post BACS-related royalty headers, authorize payment runs, and reconcile accounts payable transactions.
  • Financial Reporting: Review and analyze financial reports to ensure accuracy and compliance.
  • Other Duties: Perform other duties of a similar nature or level as assigned by the Head of Accounts Payable.

The ideal candidate will have a minimum of 3 years of experience as an Accounts Payable Manager and a strong understanding of financial operations and internal controls.



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