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Accounts payable team lead

Milton Keynes
Investigo
£45,000 - £60,000 a year
Posted: 19h ago
Offer description

About the Role:

We are looking for a Senior Accounts Payable Clerk or AP Team Leader to support the accounts payable team in a busy infrastructure business. This role is ideal for someone with solid AP experience who is ready to take on additional responsibilities, including covering for the AP Manager during absences, mentoring junior staff, and driving efficiency in the AP process.

Key Responsibilities:

Invoice Processing & Payments

* Process supplier invoices accurately and in a timely manner, ensuring correct coding and approvals.
* Match invoices with purchase orders and resolve discrepancies with suppliers and internal teams.
* Prepare payment runs (BACS/priority payments) and ensure timely supplier payments.
* Process employee expense reports, ensuring compliance with company policies.

Team Support & Leadership

* Act as deputy to the AP Manager, covering managerial duties as required.
* Support and mentor junior AP staff, providing guidance on processes and best practice.
* Escalate complex issues to the AP Manager and assist in resolving supplier disputes.

Month-End & Reporting

* Assist with month-end accruals, reconciliations, and financial reporting.
* Provide necessary documentation and support for audits.
* Contribute to reporting on KPIs, aged creditors, and team performance.

Process Improvement & Compliance

* Ensure AP processes comply with company policies, CIS regulations, and VAT legislation.
* Suggest and implement improvements to streamline AP processes and increase efficiency.

Skills and Qualifications:

* Proven experience in accounts payable.
* Knowledge of accounting systems (NetSuite or similar) and Excel.
* Experience supervising or mentoring junior staff.
* Strong attention to detail, organisational, and communication skills.
* Knowledge of subcontractor payments under CIS rules is a plus.

KPIs:

* Accuracy and timeliness of invoice and payment processing.
* Reduction in aged creditors and outstanding invoices.
* Support of AP Manager in team oversight and process efficiency.

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