At a Glance
- Tasks: Process high volumes of invoices and manage supplier queries in a dynamic environment.
- Company: Join BAM, a leading construction company committed to sustainability and inclusivity.
- Benefits: Enjoy competitive salary, private healthcare, 26 days holiday, and personal development opportunities.
- Other info: Gain exposure to exciting finance projects and enhance your digital skills in a supportive team.
- Why this job: Make an impact in finance while learning about compliance and cash flow management.
- Qualifications: Experience in Accounts Payable or finance roles; studying towards an accounting qualification is a plus.
The predicted salary is between 30000 - 40000 £ per year.
Building a sustainable tomorrow BAM UK coordinate the provision of credit notes.
- Process high volumes of material purchase and CIS/RCT invoices in line with company SLAs.
- Manage shared mailboxes and respond to supplier queries promptly and professionally.
- Reconcile supplier statements and resolve discrepancies efficiently.
- Maintain electronic filing of all documentation to ensure audit readiness.
- Assist with ad hoc departmental projects as required.
- Ensure accurate data entry and payment processing with strong attention to detail.
- Use SAP, COINS, Basware Alusta, Rental Results, and Concept systems proficiently.
- Communicate effectively - both written and verbal - with internal teams and external suppliers.
- Build and maintain strong working relationships across departments and with suppliers.
- Work to strict deadlines and escalate issues appropriately to avoid delays.
- Apply knowledge of the construction industry, including Plant Hire, CIS, and VAT, where relevant.
What do you bring to the role?
- Experience in an Accounts Payable or similar Finance role, with hands-on experience in invoice processing, reconciliations, and vendor management.
- Ideally studying towards an accounting qualification (e.g., AAT, ACCA, CIMA).
- Shows interest in understanding the financial regulations and compliance requirements relevant to the industry.
- Willingness to learn about HMRC/Revenue IE RCT/CIS/IR35/VAT rules, payment terms and performance, and audit requirements.
- Keen to understand how Accounts Payable supports broader business strategy through effective cash flow management and supplier relationship management.
- Builds strong working relationships with internal departments (e.g., procurement, finance, commercial) and external suppliers.
- Interested in gaining exposure to finance-related projects, such as system upgrades, AI, automation initiatives, or process redesigns.
- Willing to support project teams with data, reporting, and testing as needed.
- Demonstrates curiosity about how economic trends (e.g., inflation, interest rates) affect supplier pricing, payment terms, and cash flow.
- Understands how Finance Shared Services supports profitability through accurate processing, early payment optimisation, and supplier relationship management.
- Understands the strategic importance of efficient Finance Shared Services operations in supporting working capital and cash flow.
- Committed to accurate and timely processing of large volumes of transactions to support management reporting and statutory compliance.
- Ensures timely processing and accurate cost allocation to support project teams.
- Maintains up-to-date payment schedules and supplier terms to aid cash forecasting.
- Understands the role of Accounts Payable in optimising cash flow through payment timing, early payment discounts, and supplier financing.
- Maintains strict adherence to internal controls and audit requirements in high-volume, high value environments.
- Proactively identifies and escalates discrepancies, duplicate payments, or non-compliant transactions.
- Applies correct Tax treatment across high volumes and values of transactions.
- Ensures compliance with statutory requirements and reporting through accurate transactional data.
- Delivers high-quality results across Source to Pay (S2P), with working knowledge of R2R, O2C, H2R, and MDM.
- Maintains data integrity, ensures timely and compliant processing, and actively supports process improvements and automation in a fast-paced, high-value environment.
- Proficient in ERP systems and invoice automation tools.
- Interested in enhancing digital literacy, including data analytics, visualisation, and problem-solving in a transactional context.
About BAM Building a sustainable tomorrow. That's our mission and our promise at BAM. It's how we engineer vital infrastructure and construct high-quality buildings as one of the largest construction companies in Europe. We strive to create an environment where everybody feels welcome and valued. We're on an exciting journey to employ the best talent to join us regardless of social background, race, colour, religion, national or ethnic origin, sexual orientation, gender identity or expression, age, disability or other characteristics.
The application process BAM is committed to ensuring a fully inclusive recruitment and onboarding process, so if at any time you feel you may need any reasonable adjustments, do not hesitate to speak with one of our team, and we will do our best to support you.
Accounts Payable Specialist - High-Volume & Compliance employer: BAM
Contact Detail:
BAM Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Accounts Payable Specialist - High-Volume & Compliance
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and construction sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of SAP, COINS, and other relevant systems. Practice common interview questions related to accounts payable and compliance. Show them you’re not just a number cruncher but someone who understands the bigger picture!
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds. Plus, it’s a great chance to reiterate why you’re the perfect fit for their team.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you. Plus, it’s the best way to ensure your application gets seen by the right people. Let’s get you that Accounts Payable Specialist role!
We think you need these skills to ace Accounts Payable Specialist - High-Volume & Compliance
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the role of Accounts Payable Specialist. Highlight your experience with invoice processing, reconciliations, and any relevant software like SAP or Basware Alusta. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about finance and how you can contribute to our mission at BAM. Don't forget to mention your interest in compliance and financial regulations – it shows you're serious about the role!
Showcase Your Attention to Detail: In a high-volume environment, attention to detail is key. Use examples from your past experiences where you've successfully managed large volumes of transactions or resolved discrepancies. This will demonstrate your ability to thrive in our fast-paced setting.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep everything organised and ensures your application gets the attention it deserves. Plus, it's super easy to do!
How to prepare for a job interview at BAM
✨Know Your Numbers
Brush up on your knowledge of financial regulations and compliance requirements relevant to the construction industry. Be prepared to discuss how you’ve handled high volumes of invoices and reconciliations in previous roles, as this will show your understanding of the job's demands.
✨Master the Systems
Familiarise yourself with ERP systems like SAP, COINS, and Basware Alusta. If you have experience with these tools, be ready to share specific examples of how you used them to improve efficiency or resolve issues in your past roles.
✨Communication is Key
Prepare to demonstrate your communication skills by discussing how you've effectively managed supplier queries and built relationships with internal teams. Think of examples where your communication helped resolve discrepancies or improved processes.
✨Show Your Curiosity
Express your eagerness to learn about economic trends and their impact on cash flow and supplier management. This shows that you’re not just looking for a job, but are genuinely interested in contributing to the company's success and growth.