Join to apply for the Accounts Payable Manager role at Group Lotus.
3 days ago Be among the first 25 applicants.
Get AI-powered advice on this job and access more exclusive features.
Lotus Cars builds world-class, high-performance, lightweight sports cars sold worldwide.
Lotus Cars Limited, based in Hethel, UK, produces sports cars like the Emira and Evija. We are seeking an Accounts Payable Manager to join our Finance department at our manufacturing plant in Hethel.
Summary
The AP Manager will oversee the Accounts Payable function, managing the AP team to meet daily, weekly, and monthly objectives efficiently and accurately. The role involves process improvement, system implementation, supplier relationship management, and team leadership to ensure timely payments, strong controls, and KPI achievement.
What You'll Do
Accounts Payable Operations:
* Oversee statistical reporting produced by the AP Senior.
* Conduct supplier statement reconciliations and ensure accuracy of performance statistics.
* Manage aged creditors report downloads and macro processes, reviewing with the AP team.
* Analyze weekly Unapproved Invoice reports, identify trends, and drive resolutions.
* Monitor monthly Supplier Purchase Order Approval (SUPOA) reports.
* Sign off Concur top-up spends to ensure scheduled payment runs.
* Ensure the AP team follows the weekly work structure, prioritizing tasks with accuracy and quality.
* Set and monitor monthly targets for invoice processing and unapproved invoices, reporting on actuals.
* Manage the Aged Proforma process, tracking outstanding items.
* Review weekly Aged Unapproved Reports.
* Collaborate with purchasing to resolve invoice matching and PO issues.
* Record query types and notes for unapproved invoices, providing regular updates.
* Review supplier terms and classifications for compliance and accuracy.
Reporting & Controls:
* Provide monthly management reports on AP ledger and performance metrics.
* Approve monthly debit/credit balance reversing journals.
* Review control balance sheet reconciliations.
* Ensure completion of checks, controls, and reconciliations before month-end closing.
* Meet all AP reporting deadlines consistently.
Team Management & Development:
* Lead daily operations of the AP team, including resource planning and performance management.
* Conduct regular 1:1s, team meetings, and development reviews.
* Measure team efficiency against objectives, KPIs, and SLAs.
Systems & Process Improvement:
* Coordinate implementation of new systems (e.g., SAP).
* Oversee data cleansing from legacy systems.
* Support system enhancements, process improvements, and policy development.
Projects & Stakeholder Management:
* Lead and support special AP projects (e.g., Display Stock, Procure-to-Pay BPM).
* Collaborate cross-functionally to resolve issues and improve workflows.
What We Offer
* Access to a Company Car Scheme (ECOS).
* 25 Vacation Days + Bank Holidays.
* Future-Proof Pension.
* Private Healthcare.
* Hybrid working model: in-office at Hethel, Norfolk, at least 3 days/week.
Additional Information
* This role is based at our Hethel plant, within our flexible working policy.
* Candidates must be eligible to work in the UK without VISA sponsorship.
Our Company
Group Lotus is a historic sports car manufacturer, now transforming into a global electric performance brand. We launched the all-electric Eletre hyper-SUV in 2022 and the Hyper-GT, Emeya, in 2023. Based in Hethel, Norfolk, UK, we celebrate diversity and inclusion, believing they are vital to our success. Learn more about our values and culture on our career site: https://lotusukmanufacturing.teamtailor.com/.
Additional Details
* Seniority level: Mid-Senior level
* Employment type: Full-time
* Job function: Accounting/Auditing and Finance
* Industry: Automotive
Referrals can double your chances of interview success. Sign in to set job alerts for “Accounts Payable Manager” roles in various locations across the UK, including Norwich, Tunstall, Wymondham, and Dublin. Join us and be part of an exciting journey in automotive innovation.
#J-18808-Ljbffr