At a Glance
- Tasks: Process invoices, payments, and employee expenses while ensuring accuracy and compliance.
- Company: Established European bank located in Central London.
- Benefits: Competitive salary, benefits package, and a dynamic work environment.
- Other info: Great opportunity for career growth in a vibrant city.
- Why this job: Join a reputable bank and enhance your finance skills in a supportive team.
- Qualifications: 3-5 years of finance experience, preferably in banking.
The predicted salary is between 40000 - 50000 £ per year.
- Job Type: Permanent
- Work Hours: Full Time
- Contact: Jas Gujral
- Email: cv@nexusjobs. com
Telephone: 020 7488 6900Apply for this job now Job Description Accounts Payable Officer – Bank Our Client is an established European bank with offices in Central London.
They are looking to recruit an Accounts Payable Officer with at least 3 to 5 years experience of working within Finance department and ideally within a banking environment.
To ensure the timely and accurate processing of invoices, payments and employee expenses.· To identify any breaks in the daily process and make recommendations to line manager.
- To monitor actual costs against target and highlight and variances in a timely manner.
- Responsibilities· Production and Analysis of monthly actual vs budget cost management
- Management of Cost trend Analysis and highlighting items with a material impact to management.
- Assist with the annual cost Budget
- Regularly update department SOP’s
- Deal with internal and external cost/supplier queries
- Prepare monthly KPI report
- Manage the accounts payable systems V1, Ebis, Open Accounts, provide assistance to other users
- Arrange employee Barclaycards and processing of corporate card expenses
- Reconcile all AP accounts with the GLO
- Monitor Head Office recharges
- Arrange monthly accrual and prepayment schedule
- Processing journals
- Ensure the AP inboxes are being monitored on a timely basis
- Checking and clearing the nostro accounts
- Process travel advance expenses
- Supplier Statement Reconciliation
- Accurately execute all controls within own area to minimise risk of policy, procedure, and/or regulatory breaches.
- Identify new risks/control gaps within own area and escalate accordingly to your Line Manager and/or Head of Department.
- Accurately execute all controls within own area to minimise risk of policy, procedure, and/or regulatory breaches.
- Identify new risks/control gaps within own area and escalate accordingly to your Line Manager and/or Head of Department.
- Risk & Regulatory Duties
- Maintain knowledge of all applicable regulatory requirements including the Bank’s Risk and Compliance policies and procedures and adhere to these to avoid exposing the Bank to undue risk.
- Report policy/procedure breaches and areas of potential non-compliance and suspicions promptly upon identification in accordance with the Bank's Risk and Compliance policies.
You will Act in accordance with the FCA/PRA Code of Conduct.
The salary for this position is 40K - 50K + Benefits.
Location is Mayfair Central London.
Please do send your CV to us in Word format along with your salary and notice period.
Accounts Payable Officer – Bank employer: Nexus Jobs
Our client, a leading bank in Central London, offers an exceptional work environment that fosters innovation and professional growth. With a strong emphasis on employee development, the company provides comprehensive training opportunities and a collaborative culture that encourages teamwork and knowledge sharing. Employees enjoy a competitive salary package, flexible working arrangements post-probation, and the chance to make a significant impact in a dynamic financial services landscape.
