At a Glance
- Tasks: Manage the hotel's accounts payable function and ensure accurate invoice processing.
- Company: Join The Ned, a vibrant hotel in the heart of London.
- Benefits: Up to £38,000 salary, complimentary meals, and wellness benefits.
- Other info: Opportunities for career growth and professional development in a supportive environment.
- Why this job: Be part of a dynamic team and enhance your finance skills in hospitality.
- Qualifications: Experience in accounts payable and strong Excel skills required.
The predicted salary is between 35000 - 38000 £ per year.
An integral role in a high-performing department supporting our growing business. We’re looking for a motivated and commercially aware Accounts Payable Specialist responsible for the efficient and accurate management of the hotel’s accounts payable function, ensuring effective invoice management and a hunger to learn. Collaborating with the Purchasing, Finance and Operational teams, the role ensures strong financial controls are maintained across the purchase-to-pay process whilst delivering excellent supplier relationships and supporting the timely production of financial information.
This Senior Accounts Payable role will play a key role in maintaining the integrity of the hotel's cost reporting, supporting month-end activities, and driving continuous improvements within the Accounts Payable function.
What will you be doing?
- Take ownership of the hotel’s end-to-end Accounts Payable function, ensuring accuracy, control, and efficiency across all processes.
- Act as the department expert for Adaco and Yooz, driving best practice in invoice processing, approvals, and system utilisation.
- Ensure all supplier invoices are accurately coded to the correct general ledger accounts and cost centres.
- Prepare and process supplier payment runs in line with agreed schedules and payment terms.
- Reconcile supplier statements and the aged creditors ledger, proactively investigating and resolving outstanding items within agreed timescales.
- Manage supplier queries and build strong, professional relationships, ensuring timely and effective resolution of issues.
- Support the month-end close process, including accruals, Accounts Payable reconciliations, and balance sheet integrity.
- Provide analysis, reporting, and commentary on creditor balances, while maintaining the fixed asset register and supporting Capex reporting.
- Build strong stakeholder relationships across Finance and Operations, proactively identifying improvements, leading training initiatives, and driving continuous process enhancement.
What would we like you to bring to The Ned?
- Previous experience in an Accounts Payable role within a busy hospitality, luxury hotel, or high-volume environment.
- Strong understanding of the complete purchase-to-pay cycle, as well as financial controls and accounting procedures with an eye for detail.
- Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
- Experience of month-end close processes, accruals and balance sheet reconciliations.
- Knowledge of USALI guidelines and hospitality financial reporting principles.
- Experience tracking purchase orders and invoices against budgets and cost centres.
- Tech-savvy with strong Excel skills; experience with Adaco, Acumatica, Yooz and machine learning systems is a bonus.
- Strong communication skills are important to us as you’ll be working closely with stakeholders internally and externally to the business.
What can The Ned give you?
- Salary of up to £38,000 based on experience.
- Complimentary meals in our friendly team restaurant, Neddy’s.
- Lots of learning and development programmes to help progress your career.
- Special rates at The Ned for staying and eating – because we want you to experience our products (and some for your friends and family too).
- Wellbeing and health benefits to keep you in top shape, including Medicash and Wagestream, with access to gym discounts.
Only those eligible to work in the UK or who have the legal right to work in the UK will be considered for this role.
Senior Accounts Payable employer: The Ned City of London Sales
The Ned is an exceptional employer located in the iconic former Midland Bank building in the City of London, offering a vibrant work culture that prioritises collaboration and professional growth. Employees benefit from competitive salaries, complimentary meals, and extensive learning and development programmes, all while enjoying the unique atmosphere of a luxury hotel environment. With a focus on wellbeing and health benefits, The Ned ensures that its team members thrive both personally and professionally.
Contact Details:
The Ned City of London Sales Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Accounts Payable
✨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 The Ned City of London Sales. 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 Senior Accounts Payable
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 The Ned City of London Sales.
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 The Ned City of London Sales'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 The Ned City of London Sales
✨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 The Ned City of London Sales.
✨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 The Ned City of London Sales 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 The Ned City of London Sales 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.
