Transaction Services Manager – Accounts Payable

Watford | Up to £39,000 DOE | Mon-Fri, 9:00-17:30

Take Your Accounts Career to the Next Level! Are you experienced in Accounts ready to take the next step in your career? A dynamic opportunity awaits you at a well-established organisation, part of a prestigious group with globally recognised brands.

One to One Personnel is proud to partner with a leading name in the industry and are currently seeking a highly organised, detail oriented Transaction Services Manager – Accounts Payable with strong communication skills and a proactive approach to financial accounting.

To be considered you must be part qualified in ACCA or equivalent and have strong knowledge of AP processes.

Preferred Skills

• Part Qualified - ACCA’s or equivalent
• Strong knowledge of AP processes including GRNI
• Proficiency in ERP systems and Sage 200
• Understanding of UK and Dutch VAT rules applicable to AP
• Attention to detail and accuracy
• Effective communication and vendor management skills

Roles and Responsibilities

Accounts Payable Management

• Oversee the accounts payable process, ensuring all vendor invoices and payments are processed timely and accurately
• Manage the end-to-end accounts payable process, including invoice receipt, verification, approval, and payment
• Review and approve payment batches, ensuring compliance with internal policies and controls

Team Management

• Supervise and mentor the direct report(s) in the accounts payable team, providing training and support
• Allocate and monitor workloads to ensure timely and accurate processing of accounts payable tasks
• Conduct performance reviews, set goals, and provide feedback to team members

Process Improvement

• Identify opportunities for improving the accounts payable process, including automation or streamlining workflows
• Implement best practices for efficiency and accuracy, ensuring compliance with company policies
• Monitor the team’s adherence to established processes and suggest corrective actions when needed

Vendor Relationship Management

• Maintain strong relationships with key vendors, addressing any issues or discrepancies related to invoicing and payments
• Resolve vendor inquiries and issues in a timely and professional manner
• Work closely with procurement and other departments to ensure timely approval and payment of invoices

Reconciliation and Reporting

• Oversee the monthly reconciliation of accounts payable and ensure that records are accurate and complete
• Prepare reports for management on accounts payable aging, cash flow forecasts, and other key metrics
• Ensure compliance with accounting standards and company policies during the reporting process

Compliance & Audits

• Ensure compliance with all applicable laws, regulations, and company policies related to accounts payable
• Assist in the preparation of audit schedules and provide necessary documentation during audits
• Implement internal controls to prevent fraud, errors, and inefficiencies within the accounts payable process

Cash Flow Management

• Ensure that payments are made in a timely manner to avoid any disruptions to vendor relationships and business operations
• Manage the company’s cash flow by balancing the timing of payments to maximize available working capital

Reporting to the Financial Controller

• Report directly to the Financial Controller, providing regular updates on accounts payable status, trends, and key metrics
• Collaborate with the Financial Controller to develop reports on cash flow, financial projections, and accounts payable performance
• Provide the Financial Controller with insights and recommendations to ensure smooth financial operations and assist in decision-making processes

What’s in It for You?

• Up to £39,000 (depending on qualifications & experience)
• 25 days of annual leave + bank holidays
• Additional days holiday between Christmas and New Year if the Directors decide to close the business
• Standard working hours 9 to 5:30 - 30 min lunch = 40 hours a week
• 1-day WFH after probation and training at the company’s sole discretion (non-contractual)
• Workplace Pension Scheme
• 60% Discount on our products that we have on Ecommerce
• Sample sales 2+ times a year
• Short Leave – with pre-approval from Line Manager to take up to 2 hours off without deduction from holiday allowance
• Statutory sick pay
• Annual pay review and/or bonus at the Directors discretion

Ready to Make a Real Impact?

If you're an accounts professional looking for your next challenge in a fast-paced, forward thinking environment, we’d love to hear from you. Step into a role where your contributions matter and your growth is supported.

Apply now and help us drive financial excellence forward - get in touch with Louise at One to One Personnel on (phone number removed) or send your CV to (url removed)