At a Glance
- Tasks: Lead the Purchase Ledger team and ensure efficient accounts payable service.
- Company: Global manufacturing business with a strong reputation.
- Benefits: Competitive salary, career development, and a dynamic work environment.
- Other info: Opportunity to enhance processes and drive efficiency in a supportive culture.
- Why this job: Join a team focused on continuous improvement and make a real impact.
- Qualifications: Proven experience in purchase ledger management and team leadership.
The predicted salary is between 40000 - 50000 £ per year.
A well established, global manufacturing business is seeking a Purchase Ledger Manager to lead our Purchase Ledger team and ensure the efficient delivery of a high-quality accounts payable service. This is an exciting opportunity for someone with strong technical purchase ledger expertise, proven leadership experience and a passion for driving continuous improvement.
Key Accountabilities
- Overseeing the end-to-end purchase ledger function including day to day responsibilities and month end / year end processes.
- Review of all payments-based GL processing and related invoice approvals (2000+ invoices/month).
- Review / processing of system payment runs including checking of bank details for both UK and international payments.
- Review / processing of manual payments and other key payments such as payroll, PAYE/NI, HMRC, compliance, treasury, insurance, direct debits, lease payments.
- Processing of system and manual payments onto banking portal systems and running reconciliation process.
- Oversee integration and smooth running of system linked payments into banking portal.
- Management and report to directors of invoice query log.
- Supplier statement reconciliations, and active supplier payment position management.
- Aged Creditors reporting and reviewing data with finance controller / director, and heads of department as needed to ensure smooth running.
- System set-up and confirmation of new vendor details, including bank details.
- Intercompany reconciliations.
- 6 monthly submissions of Payment Performance reporting to government agencies.
- Filing / maintaining records.
- Ad hoc payments, tasks and analysis upon request.
- Staff management of reasonable team size.
- Point of escalation for timely vendor disputes management.
- Cash management, and management of multiple currency payments.
- Reviewing and improving processes to increase efficiency and strengthen controls.
Experience Required
- Proven experience of managing a Purchase Ledger function within a busy working environment.
- Experience of managing and leading a team including hiring, performance management, support and development.
- Strong technical knowledge of accounts payable processes and financial controls.
- Solid accounting background with a strong understanding of reconciliations and month-end procedures.
- Strong stakeholder management and communication skills.
- ERP systems experience, e.g. Oracle / SAP / IBM.
- Microsoft Outlook and Microsoft Excel (Pivot tables and V Look up formulas).
- Reconciliation / Investigation / Query resolution / Can do attitude, good harmonious teamwork approach, manages cross functional relationships.
- Punctual and on time process management.
- Proactive problem-solving approach.
- Willingness to learn and implement continuous improvement and automation techniques.
Purchase Ledger Manager employer: Anonymous
Join an innovative engineering company in West London that values creativity and technical expertise, offering a unique opportunity to transition from a DevOps role into broader software engineering. With a focus on complex, real-world systems, you'll be part of a small, highly skilled team where your contributions will have a significant impact. Enjoy a supportive work culture that promotes professional growth, competitive salary, and benefits, all while working in a hybrid environment that fosters flexibility and collaboration.
StudySmarter Expert Advice🤫
We think this is how you could land Purchase Ledger Manager
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Anonymous. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Purchase Ledger Manager
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Anonymous.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Anonymous's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Anonymous
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Anonymous.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Anonymous will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Anonymous employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
