At a Glance
- Tasks: Process supplier invoices and maintain purchase ledger records with precision.
- Company: Join a dynamic finance team in a supportive environment.
- Benefits: Competitive pay, flexible hours, and opportunities for growth.
- Other info: Collaborative culture with a focus on continuous improvement.
- Why this job: Be part of a crucial finance function and enhance your skills.
- Qualifications: Experience in accounts payable and strong attention to detail required.
The predicted salary is between 30000 - 40000 £ per year.
This role supports the finance function with the accurate and timely processing of supplier invoices, maintenance of purchase ledger records, and reconciliation of supplier accounts. The position involves close collaboration with internal teams and external suppliers to ensure efficient accounts payable operations.
Key Responsibilities
- Accounts Payable Processing
- Process a high volume of supplier invoices, ensuring accuracy and completeness
- Match invoices to purchase orders and delivery documentation
- Review invoice coding and resolve discrepancies where required
- Ensure invoices are approved and processed in a timely manner in line with agreed payment terms
- Reconciliations & Controls
- Reconcile supplier statements and investigate variances
- Maintain up-to-date and accurate purchase ledger accounts
- Perform regular reviews of outstanding invoices and follow up on missing approvals
- Support month-end activities, including reconciliations and reporting
- Payments & Forecasting
- Assist in preparing payment runs for review and processing
- Contribute to short-term cash flow forecasting through supplier payment analysis
- Queries & Stakeholder Support
- Respond to supplier and internal queries via phone and email
- Work collaboratively with internal departments to resolve invoice and payment issues
- Compliance & Administration
- Ensure appropriate VAT treatment on all transactions
- Process employee expense claims in line with internal policies
- Maintain accurate records within the finance system
- Continuous Improvement
- Support process improvements and automation initiatives
- Contribute to finance-related projects as required (e.g. system upgrades or process optimisation)
- General Administration
- Support general office administration tasks where required, including handling incoming correspondence
Key Outcomes
- Accurate and timely processing of invoices and supplier payments
- Well-maintained and reconciled supplier accounts
- Compliance with internal controls, policies, and regulatory requirements
- Efficient and streamlined accounts payable processes
Skills & Experience
- Previous experience in an accounts payable or finance environment
- Understanding of purchase ledger processes and VAT
- High level of attention to detail and accuracy
- Strong organisational skills with the ability to manage deadlines
- Effective communication skills
- Proficiency in Microsoft Excel and finance systems (ERP experience beneficial)
- Exposure to process improvement or systems projects is advantageous
Accounts Payable in Milton Keynes employer: Investigo Limited
As an employer, we pride ourselves on fostering a collaborative and supportive work environment where our Accounts Payable team plays a crucial role in the finance function. Located in a vibrant area, we offer competitive benefits, opportunities for professional growth, and a culture that encourages continuous improvement and innovation. Join us to be part of a dynamic team that values accuracy, efficiency, and employee development.
StudySmarter Expert Advice🤫
We think this is how you could land Accounts Payable in Milton Keynes
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who work in accounts payable. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of purchase ledger processes and VAT. We recommend practising common interview questions related to accounts payable to show you’re ready to hit the ground running.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation and reiterate your interest in the role. It keeps you fresh in their minds.
✨Tip Number 4
Apply through our website for the best chance at landing that accounts payable role. We keep our listings updated, and applying directly shows your enthusiasm for joining our team!
We think you need these skills to ace Accounts Payable in Milton Keynes
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your experience in accounts payable and finance. Use keywords from the job description to show we’re a perfect match for each other!
Showcase Your Skills:Don’t just list your skills; give examples of how you’ve used them in previous roles. Whether it’s processing invoices or reconciling accounts, let us see your expertise shine through.
Craft a Compelling Cover Letter:Your cover letter is your chance to tell us why you’re excited about this role. Share your passion for finance and how you can contribute to our team’s success at StudySmarter.
Apply Through Our Website:We love it when you apply directly through our website! It makes it easier for us to review your application and get back to you quickly. So, don’t hesitate—hit that apply button!
How to prepare for a job interview at Investigo Limited
✨Know Your Numbers
Brush up on your understanding of purchase ledger processes and VAT. Be ready to discuss how you've handled supplier invoices in the past, including any specific examples of discrepancies you've resolved.
✨Showcase Your Attention to Detail
Prepare to demonstrate your high level of attention to detail. You might be asked about how you ensure accuracy when processing invoices or reconciling accounts, so have a few examples ready that highlight your meticulous approach.
✨Communicate Effectively
Since this role involves collaboration with internal teams and external suppliers, practice articulating how you handle queries and resolve issues. Think of instances where your communication skills made a difference in a challenging situation.
✨Embrace Continuous Improvement
Be prepared to discuss any experience you have with process improvements or automation initiatives. Companies love candidates who can contribute to efficiency, so share any relevant projects or ideas you have for streamlining accounts payable processes.
