Accounts Payable Officer- Bank
Recruiter
NexusJobs
Listed on
2nd April
Location
London
Salary/Rate
£40,000 - £50,000
Type
Permanent
Start Date
2023-06-14
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Job DescriptionAccounts Payable Officer - Bank
Our Client is an established European bank with offices in Central London.
They are looking to recruit an Accounts Payable Officer with at least 3 to 5 years experience of working within Finance department and ideally within a banking environment.
To ensure the timely and accurate processing of invoices, payments and employee expenses.
To identify any breaks in the daily process and make recommendations to line manager.
To monitor actual costs against target and highlight and variances in a timely manner.
Responsibilities
Production and Analysis of monthly actual vs budget cost management
Management of Cost trend Analysis and highlighting items with a material impact to management.
Assist with the annual cost Budget
Regularly update department SOP's
Deal with internal and external cost/supplier queries
Prepare monthly KPI report
Manage the accounts payable systems V1, Ebis, Open Accounts, provide assistance to other users
Arrange employee Barclaycards and processing of corporate card expenses
Reconcile all AP accounts with the GLO
Monitor Head Office recharges
Arrange monthly accrual and prepayment schedule
Processing journals
Ensure the AP inboxes are being monitored on a timely basis
Checking and clearing the nostro accounts
Process travel advance expenses
Supplier Statement Reconciliation
Accurately execute all controls within own area to minimise risk of policy, procedure, and/or regulatory breaches.
Identify new risks/control gaps within own area and escalate accordingly to your Line Manager and/or Head of Department.
Accurately execute all controls within own area to minimise risk of policy, procedure, and/or regulatory breaches.
Identify new risks/control gaps within own area and escalate accordingly to your Line Manager and/or Head of Department.
Risk & Regulatory Duties
Maintain knowledge of all applicable regulatory requirements including the Bank's Risk and Compliance policies and procedures and adhere to these to avoid exposing the Bank to undue risk.
Report policy/procedure breaches and areas of potential non-compliance and suspicions promptly upon identification in accordance with the Bank's Risk and Compliance policies.
You will Act in accordance with the FCA/PRA Code of Conduct.
The salary for this position is £40K - £50K + Benefits.
Location is Mayfair Central London.
Please do send your CV to us in Word format along with your salary and notice period.