Time Appointments are recruiting on behalf of a trusted Accountancy Firm based in Colchester, who are currently seeking for an experienced Accounts Payable Officer to join their remarkable team. Offering a rewarding career and a dynamic work culture, this is a great opportunity to progress your career with a fantastic and supportive company.
Skills & Experience Required:
* Proven experience in an accounts payable role, with experience looking after multiple entities
* Strong knowledge and understanding of accounting principles and practices
* Proficient in using accounting software and financial reporting systems, in particular Xero and Microsoft Dynamics
* Excellent analytical and problem-solving skills
* Detail-oriented with a high level of accuracy in work
* Strong communication and interpersonal skills
Key Duties & Responsibilities:
* Review and validate employee expense claims to ensure compliance with company policies.
* Allocate expenses to appropriate departments and projects, verifying accuracy as needed
* Investigate and resolve discrepancies related to employee reimbursements and expense submissions
* Process electronic payments and bank transfers in a timely and accurate manner
* Ensure all payments adhere to company policies and agreed contractual terms
* Manage payment schedules, prioritising disbursements based on cash flow and business urgency
* Support month-end and year-end close processes by maintaining accurate and complete expense records
* Conduct account transaction reviews to ensure consistent, accurate coding and sufficient supporting detail, including correct cost periods
* Assist in preparing accounts payable reports, including accruals and ageing analyses
* Provide documentation and reporting support for internal and external audits
* Maintain compliance with applicable regulations, including VAT requirements, supplier due diligence, and payment terms
* Identify and implement process improvements to enhance efficiency and accuracy within the accounts payable function.
* Collaborate with the wider finance team to streamline workflows and ensure effective day-to-day operations
In addition to an exceptional working environment, the successful candidate will receive a set of brilliant benefits including an on-site gym, flexibility, and hybrid remote working subject to eligibility