We are looking to hire an Accounts Payable Manager to join our team in London.
The core purpose of this role is to ensure that the suppliers are paid in a timely fashion and expenditure is accounted for correctly, through management of the UK based team of Finance assistants. A significant element of this role is to provide support to the wider Finance team, including month-end financial accounting, daily treasury transaction bookings, process improvement and ad-hoc project work.
ROLE AND RESPONSIBILITIES
* Ensure timely and accurate payment of suppliers and staff expenditure claims through management of the Finance Assistants and monitoring of the aged creditors list across EMEA and Canada.
* Ensure the Finance Assistants are posting accurately to the appropriate cost centre, department and account codes.
* Facilitate efficient, effective and accurate execution of the monthly Accounts Payable processes by ensuring that all invoices received in the month are recorded and the correct procedures are followed to prepare for the ledgers to be closed at month-end.
* Drive effective cost and financial controls, and assist with the overall management of the Business, by encouraging the Business to raising purchase requisitions in a timely manner, correctly matching invoices to the purchase order system and ensuring invoices are paid in line with company policy.
* Promote expenditure management and cost control throughout the Business by providing regular, timely and targeted reporting from the procurement system.
* Maintain the accuracy of Group intercompany transactional records by posting the relevant recharge and overseas payments journals.
* Ensure operating bank account balances recorded in the ledger accurately reflect the actual cash balances as per the banks, by performing and reviewing reconciliations to identify, rectify and/or explain any differences.
* Assist at month end the management accountant team with GL closure tasks
* Prepare monthly reporting on the performance on the AP function, including statistics and analysis.
* Maintain strong and effective relationships with external suppliers by ensuring the team responds quickly and professionally to e-mail and telephone queries.
* Manage internal relationships with CMC employees, while contributing to the maintenance of internal controls, by assisting with queries relating to the completion of expense claims and ensuring claims are in line with Group policy.
* Support other areas of the Finance team and the wider Business in their critical tasks.
* Help facilitate a more efficient monthly reporting process, as well as develop a fuller understanding of the wider financial accounting process, by identifying areas for improvement and by taking responsibility for elements of monthly financial accounting, such as preparing and posting manual journals.
* Maintain personal/professional development to meet the changing demands of the role, including all relevant regulatory and legislative training;
* Take all reasonable steps to ensure appropriate confidentiality;
* Undertake such other duties, training and/or hours of work as may be reasonably required and which are consistent with the general level of responsibility of this role.
KEY SKILLS & EXPERIENCE
Essential:
* At least two years' experience in leading small Procure-to-pay teams and managing processes
* Quick learner, outgoing and independent
* Intermediate to Advanced Excel knowledge
* Ability to adapt to financial systems
* Excellent oral and written communication skills
* Experience of staff management
Desirable:
* Knowledge, understanding or demonstrable interest in financial markets
* Degree level education
* Relevant professional qualification
* Experience with Oracle
CMC Markets is an equal opportunities employer and positively encourages applications from suitably qualified and eligible candidates regardless of gender, sexual orientation, marital or civil partner status, gender reassignment, race, colour, nationality, ethnic or national origin, religion or belief, disability or age. #J-18808-Ljbffr