Account Payable Analyst in London

Monex is a leading global financial solutions provider, offering a complete set of tools to support business growth and strategic financial operations. We specialise in FX risk management and international payments, helping corporate and institutional clients design tailored FX solutions to navigate currency volatility with confidence.

The Accounts Payable Analyst is tasked with overseeing the organization's outgoing payments, ensuring the accuracy of financial transactions, and fostering strong relationships with suppliers. This role involves processing invoices, reconciling accounts, and enhancing the overall financial health of the organization through timely and precise payments.

Additionally, the Analyst is responsible for managing invoice processing and maintaining supplier accounts, which includes assisting with the investigation and resolution of aged transactions, processing employee expenses, and providing ad hoc reports to the Accounts Payable and Finance Team. The Analyst will also focus on creating efficiencies in daily operations to minimize time spent on repetitive and administrative tasks.

• Work closely with the management accountants to learn all aspects of financial management across assigned entities.
• Prepare and run the weekly supplier payment runs for Monex Europe Limited.
• Post invoices accurately in line with weekly and monthly deadlines.
• Reconcile supplier statements.
• Ensure timely and accurate delivery of payment cycle for suppliers.
• Prepare payment file and seek correct approval so that payments are made on time.
• Review and manage requisitions and POs to keep track of upcoming costs.
• Investigate and resolve any discrepancies or misallocated costs.
• Clear controls in place and followed to reduce errors.
• Ensure accurate application of VAT to invoicing and cost allocations.
• Maintain accurate records of all invoices: both current and historical.
• Maintain accurate and up to date supplier records.
• Ensure contract renewals are completed on time.
• Complete the payment practices report for HMRC as and when required.
• Validate documents to pre-set rules for expenses and credit cards.
• Provide support and answers to customer queries.

• Previous experience of working within a regulated investment firm.
• Understanding of business requirements from experience of working in a commercial environment.
• Ability to learn new tasks and procedures quickly.
• Experience in working in a varied and diverse administrative role.
• The interest to use technology where appropriate to improve processes.
• The ability to manage a varied workload through effective organisation skills.
• Knowledge of Workday.
• Some awareness of financial regulations, compliance and risk management within assigned country/region.
• Some knowledge of the regulatory environment in which an FX firm operates.