Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead and develop the accounts payable team while managing daily financial operations.
- Company: BMS Group is a global independent broker specialising in insurance and reinsurance services.
- Benefits: Enjoy a collaborative work culture with opportunities for professional growth and development.
- Why this job: Join a dynamic team focused on innovation and efficiency in finance, making a real impact.
- Qualifications: Experience in finance and team management; familiarity with accounting software is a plus.
- Other info: This role is based in London and offers a chance to work in a supportive environment.
The predicted salary is between 48000 - 72000 £ per year.
Reports to: UK Specialty Financial Controller
Location: London
About BMS
BMS is a dynamic, independent global broker established in 1980, delivering specialist insurance, reinsurance, and capital markets advisory services. Our purpose is to help people, businesses and communities flourish and prosper in a world of risk.
Summary of Position:
This hands-on role sits within the UK Specialty Finance team, supporting the UK Specialty Financial Controller to lead and develop all aspects of the company’s accounts payable function. You’ll manage an accounts payable team of 2 with a focus on mentoring them and developing their overall knowledge and skills to collectively drive to improve and automate processes.
Key Responsibilities & Accountabilities:
- Managing accounts payable team
- Lead, engage, coach and motivate the team, ensuring performance is at a high level and our company values are reflected in how they perform their roles.
- Managing the expense process
- Working with the procurement team, budget holders and the financial controller to ensure adherence to group expense policy and procedures.
- Familiarisation with the group’s authority matrix to ensure proper sign off of spend.
- Effective utilisation of technology, application of relevant controls and maintenance of efficient processes within the function.
- Ensuring the general ledger is accurate and up to date.
- Maintenance of accruals and prepayments and liaison with the wider accounting team.
- Verification and timely settlement of employee expenses on the group’s employee expense system, ensuring compliance with group policy on travel and entertainment.
- Dealing with day-to-day queries raised by suppliers/internal clients.
- Reconciliation of supplier accounts and produce aging of creditors.
Accounting:
- Account for purchase ledger accruals.
- Account for expense prepayments.
- Monthly season ticket loans account reconciliation.
- Employee loan account, chase any personal expenses to be reimbursed.
- GBP & USD Amex accounts reconciliations.
- Monthly supplier spend analysis.
- Assist with bookkeeping as required.
Experience Required:
- Solid grounding/experience within a finance department.
- Experience of managing a small team.
IT Skills:
- Proactis, Concur and Prophix systems preferred but not essential.
- Sun v6 (Infor) or Sun v5, Q&A 11 and B4B experience desirable.
- Advanced computer skills including MS Excel, Word, PowerPoint and Outlook.
Other:
- Excellent attention to detail and ability to plan meticulously.
- Ability to perform effectively to tight deadlines with good personal organisation and time management skills.
- Proactive, always looking for ways of delivering a better or more efficient service.
- Communicates clearly; effectively contributes to the team and interacts with others.
- Adhere to the BMS Policies & Procedures Handbook.
- Adhere to company and regulatory policies, procedures together with mandatory training requirements.
- Adhere to financial reporting requirements including monthly phasing of income.
- Personally demonstrate the five BMS values and ensure that team members are aligned with these: Accountable, Empowering.
Seniority level: Mid-Senior level
Employment type: Full-time
Job function: Finance
Industries: Insurance
Accounts Payable Manager employer: BMS Group
Contact Detail:
BMS Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Accounts Payable Manager
✨Tip Number 1
Familiarise yourself with BMS Group's values and culture. During your interactions, whether in interviews or networking, demonstrate how your personal values align with theirs. This will show that you're not just a fit for the role, but also for the company.
✨Tip Number 2
Research the specific technologies mentioned in the job description, such as Proactis and Concur. Even if you haven't used them before, understanding their functionalities and how they relate to accounts payable can give you an edge in discussions.
✨Tip Number 3
Prepare examples of how you've successfully managed teams in the past. Highlight your coaching and mentoring experiences, as this role requires leading a small team. Be ready to discuss your approach to motivating and developing team members.
✨Tip Number 4
Network with current or former employees of BMS Group on platforms like LinkedIn. Engaging with them can provide insights into the company culture and expectations, and may even lead to a referral, which can significantly boost your chances of landing the job.
We think you need these skills to ace Accounts Payable Manager
Some tips for your application 🫡
Understand the Role: Read the job description thoroughly to understand the key responsibilities and required skills for the Accounts Payable Manager position. Tailor your application to highlight relevant experience and how it aligns with the role.
Highlight Relevant Experience: In your CV and cover letter, emphasise your experience in finance, particularly in managing accounts payable teams. Mention any specific software you have used, such as Proactis or Concur, even if it's not essential.
Showcase Leadership Skills: Since the role involves managing a team, provide examples of your leadership experience. Discuss how you've motivated and developed team members in previous roles, reflecting the company's values.
Craft a Strong Cover Letter: Write a compelling cover letter that not only summarises your qualifications but also expresses your enthusiasm for the role at BMS Group. Make sure to connect your personal values with those of the company.
How to prepare for a job interview at BMS Group
✨Showcase Your Leadership Skills
As an Accounts Payable Manager, you'll be leading a team. Be prepared to discuss your leadership style and provide examples of how you've successfully managed and motivated teams in the past.
✨Demonstrate Your Financial Acumen
Familiarise yourself with key financial concepts relevant to accounts payable. Be ready to discuss your experience with financial systems like Sun General Ledger, Proactis, or Concur, even if it's not extensive.
✨Highlight Your Problem-Solving Abilities
The role involves dealing with day-to-day queries and ensuring compliance with policies. Prepare to share specific instances where you've resolved issues effectively or improved processes in your previous roles.
✨Align with Company Values
BMS values accountability and empowerment. Research these values and think about how you can demonstrate them in your responses during the interview, showing that you're a good cultural fit for the company.
