Accounts Payable Manager

Accounts Payable Manager

Full-Time 43200 - 72000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Lead the accounts payable function, ensuring timely processing and vendor relations.
  • Company: Join Synthesia, the leading AI video platform transforming business communication.
  • Benefits: Enjoy a hybrid work environment, generous leave, and private medical insurance.
  • Why this job: Be part of a fast-growing company with a $4 billion valuation and innovative culture.
  • Qualifications: 7+ years in accounts payable, strong Excel skills, and a detail-oriented mindset.
  • Other info: Opportunity for professional growth in a dynamic finance team.

The predicted salary is between 43200 - 72000 £ per year.

Synthesia is the world's leading AI video platform for business, used by over 90% of the Fortune 100. Founded in 2017, the company is headquartered in London, with offices and teams across Europe and the US. As AI continues to shape the way we live and work, Synthesia develops products to enhance visual communication and enterprise skill development, helping people work better and stay at the center of successful organizations.

We are looking for an Accounts Payable Manager to take our payables function to the next level. This role is solely responsible for the Accounts Payable function and will be a hands-on role with oversight of outsourced resources. This role will report to the Controller and have global responsibility for all accounts payable and expense activity for Synthesia. This role is responsible for ensuring compliance with company policies, managing vendor relationships, and supporting month-end and year-end financial close activities. The AP manager will work closely with accounting and finance teams, contributing to the continuous improvement of AP processes. The ideal candidate is a great communicator, a self-starter, a problem solver, and is comfortable challenging the status quo to improve and scale the function. This individual should be experienced in overseeing the end-to-end accounts payable function, ensuring timely and accurate processing of invoices, payments, and expense reports.

This position reports to the Financial Controller and is part of the Finance team located in London, UK and will be a hybrid role.

What you’ll be doing:

  • Own daily operations of the AP function, ensuring accurate and timely processing of invoices, payments, and expense reports.
  • Help in developing procurement best practices, educating employees on new procurement processes and assisting with ownership of recently launched procurement tool.
  • Vendor Relations: Act as the main point of contact for vendors, resolving any issues with invoice discrepancies, payment status, and reconciliations promptly.
  • Process Improvement: Identify opportunities for efficiency and accuracy improvements in AP processes; assist in implementing automation and best practices to enhance productivity and control.
  • Reconciliation: Ensure accurate general ledger (GL) reconciliation for AP accounts, preparing and reviewing reconciliations regularly.
  • Reporting & Analysis: Prepare and analyse AP reports, providing insights on cash flow, outstanding payments, vendor aging reports, and other KPIs.
  • Compliance & Audits: Maintain and enforce AP policies, ensuring compliance with corporate policies, and other regulatory standards; support internal and external audits as needed.
  • Treasury: Work closely with the Financial Controller on cash flow forecasting and adhering to cash flow budgets.
  • Own Navan expense and credit card compliance, reporting and assisting with employee inquiries.
  • Assist and educate employees on the procurement process at Synthesia.
  • Assist with indirect tax reconciliations and filings (VAT).

What we’re looking for:

Required qualifications:

  • 7+ years of experience in accounts payable with increasing responsibility.
  • Intermediate MS Excel skills.
  • Experience with purchase requisition workflows and purchase orders.
  • Knowledge of VAT rules.
  • Ability to work in a fast-paced environment, highly organised with an exceptional attention to detail.
  • Strong organisational, time-management, and execution skills, along with the ability to prioritise and drive multiple tasks simultaneously.
  • Eagerness to learn and willingness to take on new challenges.
  • Experience with process improvement and redesign.
  • Attention to detail and quality of work.

Nice to have:

  • Proficiency in NetSuite (AP function) or similar ERP.
  • Experience working in or directly with procurement teams and systems.
  • Experience with Navan platform.
  • Multi-Subsidiary, Multi-Currency environment/experience.
  • AAT or equivalent financial qualification.

Location: London

Benefits:

  • A hybrid setting where you can work from our London office (we are also open to UK remote for this role).
  • Paid parental leave entitles primary caregivers to 16 weeks of full pay, and secondary 5 weeks of full pay.
  • 25 days of annual leave + public holidays.
  • Cycle to work scheme (London).
  • Private Medical Insurance (Medical History Disregarded basis), including mental health support, dental & vision, cashback and gym discounts.
  • A generous referral scheme if you help us hire.
  • Pension contribution/salary sacrifice.
  • Work from home set up.

Accounts Payable Manager employer: Synthesia Limited

At Synthesia, we pride ourselves on being an innovative leader in the AI video platform space, offering a dynamic work environment that fosters creativity and collaboration. Our London office provides a hybrid working model, generous parental leave, and comprehensive benefits including private medical insurance and a cycle to work scheme, ensuring our employees feel valued and supported. With a strong focus on professional growth and continuous improvement, we empower our team members to challenge the status quo and drive meaningful change within the organisation.
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Contact Detail:

Synthesia Limited Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Accounts Payable Manager

✨Tip Number 1

Network like a pro! Reach out to your connections in the finance world, especially those who might know someone at Synthesia. A friendly chat can sometimes lead to a foot in the door.

✨Tip Number 2

Prepare for the interview by brushing up on your knowledge of accounts payable processes and compliance. Be ready to share examples of how you've improved AP functions in the past – we love a good success story!

✨Tip Number 3

Show off your problem-solving skills during the interview. Think of a time you faced a challenge in AP and how you tackled it. We want to see that you're not just about the numbers but also about finding solutions.

✨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 us you’re genuinely interested in being part of the Synthesia team.

We think you need these skills to ace Accounts Payable Manager

Accounts Payable Management
Vendor Relationship Management
Invoice Processing
Expense Reporting
Procurement Best Practices
Process Improvement
General Ledger Reconciliation
Reporting and Analysis
Compliance with Corporate Policies
Cash Flow Forecasting
Intermediate MS Excel Skills
Knowledge of VAT Rules
Organisational Skills
Time Management
Experience with ERP Systems

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Accounts Payable Manager role. Highlight your relevant experience, especially in managing payables and vendor relationships. We want to see how your skills align with what we're looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role at Synthesia. Share specific examples of how you've improved AP processes or resolved vendor issues in the past.

Show Off Your Problem-Solving Skills: In your application, don't forget to mention times when you've tackled challenges head-on. We love self-starters who can think outside the box and improve processes, so let us know how you've done that before!

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!

How to prepare for a job interview at Synthesia Limited

✨Know Your Numbers

As an Accounts Payable Manager, you'll need to be comfortable with financial data. Brush up on your knowledge of VAT rules and general ledger reconciliation. Be prepared to discuss how you've handled discrepancies in the past and any specific metrics you've improved in previous roles.

✨Showcase Your Process Improvement Skills

This role is all about enhancing efficiency. Think of examples where you've identified bottlenecks in AP processes and successfully implemented changes. Be ready to share your approach to process redesign and how it benefited your previous employers.

✨Vendor Relations Matter

You'll be the main point of contact for vendors, so demonstrate your communication skills. Prepare to discuss how you've resolved issues with vendors in the past and how you maintain strong relationships. Highlight any experience you have in educating employees on procurement processes.

✨Be Ready for Scenario Questions

Expect questions that assess your problem-solving abilities. Prepare for scenarios where you might need to handle multiple tasks under pressure or resolve conflicts. Use the STAR method (Situation, Task, Action, Result) to structure your answers effectively.

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