Transaction Service Manager - Accounts Payable

Description

Transaction Services Manager – Accounts Payable

Watford | Up to £39,000 DOE | Mon-Fri, 9:00-17:30

Take Your Accounts Career to the Next Level! Are you experienced in Accounts ready to take the next step in your career? A dynamic opportunity awaits you at a well-established organisation, part of a prestigious group with globally recognised brands.

One to One Personnel is proud to partner with a leading name in the industry and are currently seeking a highly organised, detail oriented Transaction Services Manager – Accounts Payable with strong communication skills and a proactive approach to financial accounting.

To be considered you must be part qualified in ACCA or equivalent and have strong knowledge of AP processes.

Preferred Skills

Part Qualified - ACCA’s or equivalent

Strong knowledge of AP processes including GRNI

Proficiency in ERP systems and Sage 200

Understanding of UK and Dutch VAT rules applicable to AP

Attention to detail and accuracy

Effective communication and vendor management skills

Roles and Responsibilities

Accounts Payable Management

Oversee the accounts payable process, ensuring all vendor invoices and payments are processed timely and accurately

Manage the end-to-end accounts payable process, including invoice receipt, verification, approval, and payment

Review and approve payment batches, ensuring compliance with internal policies and controls

Team Management

Supervise and mentor the direct report(s) in the accounts payable team, providing training and support

Allocate and monitor workloads to ensure timely and accurate processing of accounts payable tasks

Conduct performance reviews, set goals, and provide feedback to team members

Process Improvement

Identify opportunities for improving the accounts payable process, including automation or streamlining workflows

Implement best practices for efficiency and accuracy, ensuring compliance with company policies

Monitor the team’s adherence to established processes and suggest corrective actions when needed

Vendor Relationship Management

Maintain strong relationships with key vendors, addressing any issues or discrepancies related to invoicing and payments

Resolve vendor inquiries and issues in a timely and professional manner

Work closely with procurement and other departments to ensure timely approval and payment of invoices

Reconciliation and Reporting

Oversee the monthly reconciliation of accounts payable and ensure that records are accurate and complete

Prepare reports for management on accounts payable aging, cash flow forecasts, and other key metrics

Ensure compliance with accounting standards and company policies during the reporting process

Compliance & Audits

Ensure compliance with all applicable laws, regulations, and company policies related to accounts payable

Assist in the preparation of audit schedules and provide necessary documentation during audits

Implement internal controls to prevent fraud, errors, and inefficiencies within the accounts payable process

Cash Flow Management

Ensure that payments are made in a timely manner to avoid any disruptions to vendor relationships and business operations

Manage the company’s cash flow by balancing the timing of payments to maximize available working capital

Reporting to the Financial Controller

Report directly to the Financial Controller, providing regular updates on accounts payable status, trends, and key metrics

Collaborate with the Financial Controller to develop reports on cash flow, financial projections, and accounts payable performance

Provide the Financial Controller with insights and recommendations to ensure smooth financial operations and assist in decision-making processes

What’s in It for You?

Up to £39,000 (depending on qualifications & experience)

25 days of annual leave + bank holidays

Additional days holiday between Christmas and New Year if the Directors decide to close the business

Standard working hours 9 to 5:30 - 30 min lunch = 40 hours a week

1-day WFH after probation and training at the company’s sole discretion (non-contractual)

Workplace Pension Scheme

60% Discount on our products that we have on Ecommerce

Sample sales 2+ times a year

Short Leave – with pre-approval from Line Manager to take up to 2 hours off without deduction from holiday allowance

Statutory sick pay

Annual pay review and/or bonus at the Directors discretion

Ready to Make a Real Impact?

If you're an accounts professional looking for your next challenge in a fast-paced, forward thinking environment, we’d love to hear from you. Step into a role where your contributions matter and your growth is supported.

Apply now and help us drive financial excellence forward - get in touch with Louise at One to One Personnel on (phone number removed) or send your CV to (url removed)

Ad ID: 5416917377