Account Payable Analyst in London
Account Payable Analyst

Account Payable Analyst in London

London Full-Time 35000 - 45000 £ / year (est.) No home office possible
Monex

At a Glance

  • Tasks: Manage outgoing payments, process invoices, and maintain supplier relationships.
  • Company: Join Monex, a global leader in financial solutions with a vibrant team culture.
  • Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
  • Other info: Exciting career growth in a fast-paced environment with a focus on innovation.
  • Why this job: Be part of a dynamic finance team making a real impact in the financial world.
  • Qualifications: Experience in finance or administration, strong organisational skills, and a willingness to learn.

The predicted salary is between 35000 - 45000 £ per year.

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.

Key Responsibilities & Accountabilities:

  • 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
  • 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
  • Validating documents to pre-set rules
  • Compliance with all company policies and procedures, data protection and health and safety requirements

Business Knowledge / Technical Skills:

  • 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

Account Payable Analyst in London employer: Monex

Monex is an exceptional employer that fosters a vibrant and inclusive work culture in the heart of London, where employees are encouraged to thrive and grow. With a strong focus on professional development, Monex offers ample opportunities for career advancement while providing a supportive environment that values teamwork and innovation. Employees benefit from competitive compensation packages, comprehensive training, and the chance to work alongside industry experts in a dynamic financial solutions firm.
Monex

Contact Detail:

Monex Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Account Payable Analyst in London

✨Tip Number 1

Network like a pro! Reach out to people in the finance industry, especially those who work at Monex or similar firms. Attend events, join online forums, and don’t be shy about asking for informational interviews. You never know who might have the inside scoop on job openings!

✨Tip Number 2

Prepare for interviews by researching Monex and its services. Understand their approach to FX risk management and how they support clients. This knowledge will help you stand out and show that you're genuinely interested in the role of Accounts Payable Analyst.

✨Tip Number 3

Practice your interview skills with a friend or use mock interview platforms. Focus on common questions related to accounts payable and financial operations. The more comfortable you are, the better you'll perform when it counts!

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re proactive and serious about joining our awesome team at Monex!

We think you need these skills to ace Account Payable Analyst in London

Invoice Processing
Account Reconciliation
Supplier Relationship Management
Financial Transaction Accuracy
VAT Application
Data Validation
Report Preparation
Regulatory Compliance
Workday Knowledge
Organisational Skills
Problem Resolution
Cost Management
Ad Hoc Reporting
Process Improvement

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the skills and experiences that match the Accounts Payable Analyst role. Highlight any relevant experience in financial management, invoice processing, or supplier relationship management to catch our eye!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to express your enthusiasm for the role and how your background aligns with our mission at Monex. Don’t forget to mention why you’re excited about joining our finance team!

Showcase Your Attention to Detail: As an Accounts Payable Analyst, accuracy is key. In your application, provide examples of how you've successfully managed financial transactions or resolved discrepancies in the past. This will show us you’ve got what it takes!

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team. We can’t wait to hear from you!

How to prepare for a job interview at Monex

✨Know Your Numbers

Brush up on your financial knowledge, especially around accounts payable processes. Be ready to discuss how you would handle invoice discrepancies or manage supplier relationships, as these are key aspects of the role.

✨Showcase Your Tech Savvy

Since the job mentions using technology to improve processes, be prepared to talk about any software you've used in previous roles. If you have experience with Workday or similar systems, highlight that to show you're ready to hit the ground running.

✨Demonstrate Your Organisational Skills

The role requires managing a varied workload, so come equipped with examples of how you've successfully organised tasks in the past. Discuss specific strategies you’ve used to prioritise and ensure timely payments.

✨Ask Insightful Questions

Prepare thoughtful questions about Monex's approach to FX risk management and how the finance team collaborates with other departments. This shows your genuine interest in the company and the role, making you stand out as a candidate.

Account Payable Analyst in London
Monex
Location: London

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