At a Glance
- Tasks: Lead a team in managing purchase ledger processes and ensure timely invoice handling.
- Company: A large, supportive business in Luton with a focus on work-life balance.
- Benefits: Great work-life balance, supportive management, and opportunities for team development.
- Other info: Opportunity for career growth in a collaborative office environment.
- Why this job: Join a dynamic team and make a real impact in finance operations.
- Qualifications: Experience in managing purchase ledger teams and excellent communication skills.
The predicted salary is between 35000 - 45000 £ per year.
NLB Solutions are working with a large business in Luton who are looking for a Purchase Ledger Supervisor that is able to deal with managing the output for a team of purchase ledger clerks that are well established. The role will involve reconciliations, payment runs and all areas of the purchase ledger work. This is a business that offers an excellent work life balance whilst in the office for all working hours. The company has all staff back in the office as they feel that the business benefits from the full interaction of the staff. They have expanded the amount of office space that is available for the finance team to work in. They do have a very supportive management team and are looking for someone that is able to help develop staff in the future.
Duties:
- Supplier invoices are scanned, distributed, processed and allocated for authorisation on the system on a timely basis.
- Ensure accurate recovery of input VAT.
- Management of the invoice authorisation process.
- Timely and accurate passing of invoices as applicable.
- Communicate unauthorised invoice position weekly.
- Timely resolution of supplier queries.
- Monthly supplier statement reconciliations.
- Dealing with and resolving any account anomalies as they arise.
- Monthly / mid monthly supplier payment runs in accordance with timetable.
- Ad hoc supplier payments, as applicable.
- Minimise unapproved invoices.
- Timely closure of purchase ledger at month end in accordance with management accounts deadline.
- Formal monthly review of aged creditors.
- Management and creation of new supplier accounts and master creditors in accordance with group policy.
- Dealing with supplier telephone queries.
- Produce manual cheques when required and immediately post on the system.
- Liaising with stakeholders to resolve any issues.
- Updating and maintaining Excel spreadsheets.
- Keep filing organised and up to date.
- Management and control of purchase ledger team.
- Performance management and review.
- Annual appraisal and regular one to one reviews.
- Internal audit compliance.
Person Spec:
- Experience of managing a team of purchase ledger clerks.
- Excellent communication skills written and verbal.
- Must have worked in a busy environment.
- Commercially aware.
- Excellent IT skills.
- Desire to improve processes.
Accounts Payable Manager employer: NLB Solutions
NLB Solutions is an excellent employer located in Hemel Hempstead, offering a supportive work culture that prioritises employee development and on-the-job training. As a Payroll Officer, you will benefit from a collaborative environment where your attention to detail and Excel skills are valued, alongside opportunities for professional growth within the payroll team. Join us to be part of a company that fosters meaningful employment and rewards dedication.
StudySmarter Expert Advice🤫
We think this is how you could land Accounts Payable Manager
✨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 NLB Solutions. 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 Manager
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 NLB Solutions.
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 NLB Solutions'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 NLB Solutions
✨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 NLB Solutions.
✨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 NLB Solutions 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 NLB Solutions 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.
