At a Glance
- Tasks: Manage the full cycle of Procure-to-Pay and ensure accuracy in all AP transactions.
- Company: Join a dynamic finance team at our London HQ, near Holborn station.
- Benefits: Competitive salary and opportunities for professional growth.
- Other info: Collaborative environment with potential for career advancement.
- Why this job: Be a key player in smooth financial operations and cash flow management.
- Qualifications: Attention to detail and experience in accounts payable processes.
The predicted salary is between 29974 - 36634 £ per year.
We are looking for a unique talent to join us as Accounts Payable Specialist based at our London HQ, near Holborn station.
The individual will support our hotels in our centralised Finance department and will be responsible for managing the full cycle of Procure-to-Pay, ensuring accuracy and compliance in all AP transactions from vendor management, purchase orders, delegation of authority approvals, payments and vendor reconciliations.
This position contributes to smooth financial operations and supports cash flow management for the company.
Key Systems requirements
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Function of this role
- Process vendor invoices, match to purchase orders/receipts, and verify appropriate approvals and post all relevant general ledger entries.
- Propose payment runs, ensuring timely payment and proper documentation.
- Maintain and reconcile accounts payable ledgers on a regular basis.
- Manage the allocation and recharging of centrally expensed items to participating hotels.
- Review submitted employee expense reports to ensure completeness, compliance, and accuracy, seek approvals and post general ledger entries.
- Process credit card expenses for marketing related charges.
- Respond to vendor inquiries, resolve discrepancies, and maintain accurate transaction records.
- Assist in month/quarter/year-end financial closing, reporting, and audits.
- Maintain vendor files, ensuring data accuracy and compliance.
- Coordinate with internal teams to ensure policy adherence and efficient workflow.
- Undertake AR specialist responsibilities as and when required.
- Perform other tasks as assigned by the Company as and when required.
Alongside these key roles and responsibilities, the incumbent of the role will be required to demonstrate the fundamentals of the company’s Value’s.
Compensation: To be discussed
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Accounts Payable Specialist employer: YOTEL London HQ
YOTEL is an exceptional employer that fosters a vibrant and inclusive work culture, where creativity and genuine collaboration are at the heart of everything we do. As a Management Accountant in our London Central Support team, you will benefit from opportunities for professional growth within a dynamic hospitality environment, while being part of a company that values innovation and smart solutions. Join us to be part of a forward-thinking team that is dedicated to redefining the guest experience and making a meaningful impact in the industry.
StudySmarter Expert Advice🤫
We think this is how you could land Accounts Payable Specialist
✨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 YOTEL London HQ. 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 Specialist
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 YOTEL London HQ.
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 YOTEL London HQ'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 YOTEL London HQ
✨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 YOTEL London HQ.
✨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 YOTEL London HQ 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 YOTEL London HQ 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.