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 in London 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.
StudySmarter Expert Advice🤫
We think this is how you could land Accounts Payable Officer – Bank in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Nexus Jobs. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Accounts Payable Officer – Bank in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Nexus Jobs.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Nexus Jobs's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Nexus Jobs
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Nexus Jobs.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Nexus Jobs will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Nexus Jobs employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
