Group Head of Accounts Payable, Travel & Expenses New London

Group Head of Accounts Payable, Travel & Expenses

London

About you and the role:

The Global Head of Accounts Payable, Travel & Expense is responsible for leading the Accounts Payable (‘AP’) and T&E functions for the organization on a global scale. This includes managing the processing of invoices and payments, ensuring compliance with internal controls and external regulations, and providing leadership and driving strategic direction for the AP team. The role oversees the day-to-day activities of Enstar’s Accounts Payable (‘AP’) and T&E employees located in the US and UK.

The role manages the workload of the teams in each region to ensure that the needs of the wider business are met in respect of prompt and efficient settlement of valid expenses, the processing of staff expense reports, maintenance of corporate travel supplier relationships, and oversight of Enstar’s corporate card program. The role collaborates closely with finance, procurement, IT, and key stakeholders across Enstar’s business operations. It also coordinates closely with regional Treasury teams to ensure sufficient liquidity is available in all regions.

In addition to providing leadership to the AP/T&E operations, the Global Head of AP and T&E will identify and execute on initiatives that improve the efficiency of the Global AP operations, primarily through increased alignment of processes across regions, efficient AP onboarding of acquired entities, and greater use of automation and technology solutions.

The role will also provide leadership to the AP and T&E teams through training, coaching, and performance management. It will be responsible for the ongoing professional development of all individuals within the global team, including the identification and development of high-potential staff.

What you will be doing:

• Directs the day-to-day operations of the AP and T&E function ensuring all service level agreements with other functions are met.
• Develops, reviews, analyzes, and reports on key AP and T&E data and metrics to provide insights into the financial performance of the function.
• Continually evaluates processes and systems for improvement and implements strategies to enhance the efficiency and effectiveness of the AP and T&E function.
• Enforces adherence to strong internal controls.
• Identifies and directs teams to execute on opportunities to fully align AP and T&E processes across all regions and legal entities.
• Identifies, develops, reviews, and reports on key metrics relating to the AP and T&E lifecycle to support regional and group management reporting requirements.
• Directs the work of the Travel and Expense Administrator to ensure timely submission, approval, and reimbursement of expense reports.
• Leads collaboration with Treasury to manage the relationship with Enstar’s global corporate and purchase card provider.
• Partners with the Finance Systems team to ensure optimal usage of accounting system functionality.
• Oversees all AP-related tax and regulatory reporting requirements across all regions.
• Works closely with Compliance and Risk functions to identify and mitigate emerging types of payment fraud.
• Supports wider group initiatives to improve the efficiency of quarterly and monthly financial closes.
• Challenges the status quo and makes recommendations for further process automation.
• Addresses the requirements of Internal and External Audit as required.
• Undertakes other duties as the company may reasonably require.
• Carries out duties within internal policies and procedures in accordance with applicable law and regulations.

What you will bring:

• 10+ years’ experience managing AP/T&E functions, preferably in financial services.
• Minimum 4 years’ experience managing a global function, preferably in financial services.
• Proven leadership skills and experience in managing teams and leading cross-functional projects.
• Proven track record of working effectively in a team environment while demonstrating professionalism.
• Professional experience with international companies.
• Effective workload planning abilities to ensure global coverage.
• Excellent communication (written and verbal) and interpersonal skills.
• Self-motivated individual who can work on their own initiative while meeting tight deadlines.
• Able to manage conflict with internal customers and external suppliers.
• Familiarity with Procure-to-Pay software solutions and ERP/accounting systems.
• Knowledge of Concur travel booking and expense reporting.
• Detailed understanding of the Procure-to-Pay lifecycle, including industry best practices.
• Experience in participating in Finance transformation projects to implement or upgrade finance systems.
• Confident in reviewing and updating policy and procedure documentation.

Who we are:

Enstar Group Limited (“Enstar” or “EGL”) is a leading global insurance group. Through our network of group companies, we help others release capital by taking over liability portfolios which no longer make strategic sense for them to hold.

Enstar maintains a strong balance sheet. We hold long-term issuer ratings of BBB+ with stable outlook by S&P and Fitch. Enstar’s capital base continues to grow, reaching $7.4 billion at the end of 2023.

A characteristic that is core to our culture: we encourage an entrepreneurial spirit, and our colleagues have autonomy to shape strategy, innovate new revenue streams, and we reward those who are commercially focused.

Equal Opportunities at Enstar:

Our annual Inclusivity Index puts Enstar ahead of the industry in terms of diversity and inclusivity. We’re an equal opportunity employer and believe that our diversity creates an authentic working culture.

Enstar is committed to providing an accessible recruitment experience for all those interested in working with us.

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