Accounts Payable Analyst (12-FTC)

Since 1906, New Balance has empowered people through sport and craftsmanship to create positive change in communities around the world. We innovate fearlessly, guided by our core values and driven by the belief that conventions were meant to be challenged. We foster a culture in which every associate feels welcomed and respected, where leaders and creatives are inspired to shape the world of tomorrow by taking bold action today.

JOB MISSION

As a Freight & Duty Accounts Payable Analyst, you will manage the end‑to‑end processing, reconciliation and analysis of all UK & EU freight and duty invoices across EMEA. You will ensure accurate cost allocation, PO compliance, timely postings, and strong communication with key logistics and finance partners. This role plays a key part in maintaining financial accuracy and supporting continuous improvement across the AP function. This role is a 12‑month fixed‑term assignment.

MAJOR ACCOUNTABILITIES

• Freight & Duty Invoice Processing
  • Process UK & EU freight invoices for payment on the AP ledger.
  • Match UK & EU duty invoices to purchase orders.
  • Match freight invoices to stock POs and allocate costs correctly.
  • Ensure all postings comply with company policy, tax rules and internal controls.
• Reconciliations & Financial Controls
  • Track and reconcile postings against the Freight & Duty accrual file.
  • Reconcile suspense and balance sheet accounts regularly.
  • Reconcile AP ledger accounts with cash/invoice entries.
  • Support month‑end close with accurate accruals and variance analysis.
  • Work with logistics, supply chain, procurement and finance teams to resolve discrepancies.
  • Manage queries from freight forwarders, customs brokers and logistics partners.
  • Ensure PO compliance and guide suppliers on correct invoicing procedures.
• Reporting & Audit Support
  • Prepare weekly/monthly Freight & Duty cash forecasting.
  • Maintain documentation for all transactions.
  • Assist with internal and external audits for EMEA entities.
  • Support improvements in freight/duty reporting and processes.
• Cross Functional Support
  • Support cross‑functional projects to improve freight and duty processes.
  • Provide cover for EMEA T & E processing and analysis.

REQUIREMENTS FOR SUCCESS

• Advanced Microsoft Excel skills.
• Experience in a fast‑paced AP environment handling high volumes.
• Experience with freight, duty, customs or logistics invoices.
• Analytical approach with a focus on continuous improvement.
• Experience reconciling balance sheet accounts, accruals and GL postings.
• Experience with SQL and Power BI.
• Knowledge of VAT variances, including foreign VAT.
• AAT qualification or equivalent.
• Experience with SAP Concur / Navan.
• Previous project management experience.

BENEFITS

• Discretionary Bonus Opportunity
• Private Medical Insurance
• Pension Scheme
• Hybrid working (3 days on-site)
• 25 days Annual Leave per year
• Life Insurance
• On Site Gym
• Employee Discount
• Opportunity to work abroad for four weeks per year
• Wellbeing and Mental Health Benefit (24/7 Employment Assistance Program & Support).

Equal Opportunity Employer

New Balance is committed to equality of opportunity for all current and prospective associates regardless of age, disability, race, religion or belief, gender, sexual orientation, pregnancy and maternity, marriage and civil partnership and gender reassignment. We are an equal opportunity employer and support a culture of diversity and inclusion. If you have not already done so, please let us know if you require any support so we can make the right adjustments and considerations should they be required.