London Area, United Kingdom
Highly committed, focused and results driven Accounts Payable Team Lead with extensive experience guiding teams to effectively maintain multi-million Pounds AP ledger accounts and streamlining company operations through the implementation of Purchases and Expense systems. Facilitate the timely preparation of MI reports and month-end Creditors Spend analysis, encompassing aged creditors statistics, KPI analytics, and approvers metrics. Highly skilled in reviewing new suppliers accounts to determine creditworthiness and minimise risk. Identify opportunities for improving processes, systems, organisational structures, and service delivery standards to ensure an excellent customer experience. Train and inspire staff to achieve planned goals and targets while safeguarding regulatory compliance and implementing industry best work practices.
Successfully led a medium sized Accounts Payable team through some challenging times of mergers and acquisitions, whilst inspiring, motivating and retaining staff at the same time. Overseeing a multi-million Pound Creditors Ledger accounts, prepared Statutory reports: Payment Practices & Performance reports, VAT and Freelancers. Managed weekly Bacs and multi-currency payment runs, valued at £6M - £8M per month. Performed reconciliations of key control accounts, AP Inter-company reconciliations, Suspense account, and month end Journal posting. Maintained Sarbanes-Oxley compliance and liaised with internal and external auditors. Facilitated the AP team to review a high volume of invoices processed by the OCR system (Optical Character Recognition), for accuracy and correctness and overseeing correct coding of over 4000 invoices monthly.
• Managing all aspect of AP functions. • Assisted with System implementation – Clarus. • Preparing weekly BACS payment runs • Reviewing and processing Employees Expenses • Performing Month-End close