Accounts Payable/Receivable Specialist
Posted Today by LanceSoft UK
Negotiable
Undetermined
Onsite
Stone, England, United Kingdom
Summary: The Accounts Payable/Receivable Specialist is responsible for managing accounts payable and receivable services, ensuring accurate processing of invoices, and maintaining vendor files. This role involves reconciling account balances, preparing reports on overdue accounts, and providing financial support to the business. The position requires a minimum of three days on-site work per week in Stone, Staffordshire, UK, for a contract duration of six months or more. The role demands practical knowledge typically gained through advanced education and relevant work experience.
Key Responsibilities:
- Provide accounts payable and/or accounts receivable services to clients.
- Receive, verify, track, and report all invoices, processing them for payment.
- Reconcile and check account balances, following up on discrepancies.
- Maintain vendor files and ensure timely processing and payment of invoices.
- Receive and post cash receipts, reconciling outstanding account balances.
- Prepare periodic reports on accounts receivable and determine overdue accounts status.
- Send follow-up inquiries and work with the collections team on overdue accounts repayment.
- Provide day-to-day local controlling SAP support for Transformers and Service Business Units.
- Prepare journals, accruals, and overhead allocations.
- Reconcile and review key balance sheet accounts and resolve errors.
- Provide month-end Abacus reporting support and balance sheet reconciliation.
- Prepare local cost centre budgets and update monthly rolling forecasts.
- Provide ad-hoc reporting, troubleshooting, and analysis as required.
- Act as focal point for day-to-day FI/CO inquiries from GBS.
Key Skills:
- Experience in accounts payable and receivable processes.
- Proficiency in SAP and financial reporting tools.
- Strong analytical and reconciliation skills.
- Ability to work independently with general supervision.
- Excellent communication skills for influencing others.
- Experience in preparing financial reports and budgets.
- Knowledge of cash flow forecasting and FX forward contracts.
Salary (Rate): undetermined
City: Stone
Country: United Kingdom
Working Arrangements: on-site
IR35 Status: undetermined
Seniority Level: undetermined
Industry: Other
Job Title: Accounts Payable/Receivable Experienced Professional
Location: Stone, Staffordshire, UK (Min 3 days onsite a week)
Duration: 6 months+ extendable contract
Job Description
Responsible for providing accounts payable and/or accounts receivable services to clients. Receives, verifies tracks and reports all invoices, and processes them for payment. Reconciles and checks account balances. Follow-ups on invoice/payment discrepancies, and maintains vendor files. Ensures timely and accurate processing and payment of invoices. Receives and posts cash receipts and reconciles outstanding account balances. Prepares periodic reports on accounts receivable and determines overdue accounts status. Sends follow-up inquires and works with the collections team on the restructuring of overdue accounts repayment. An Experienced Professional (P2) applies practical knowledge of job area typically obtained through advanced education and work experience. May require the following proficiency: Works independently with general supervision. Problems faced are difficult but typically not complex. May influence others within the job area through explanation of facts, policies and practices.
Additional Details
Commercial Support
- Provide day-to-day local controlling SAP support for Transformers and Service Business Units
- Prepare journals and accruals
- Prepare overhead allocations
- Reconcile and review key balance sheet accounts e.g. stock, provisions
- Resolve errors
- Provide month end Abacus reporting support (input to Abacus by SAS)
- Balance sheet reconciliation and review
- Prepare cost centre correction journals (where required)
- Headcount reconciliation and reporting
- Sales expenses variance analysis
- Provide local finance and accounting support to the business
- Cash flow forecasts
- Manage and review the FX forward contracts
- Manage intra-business recharges
- Provide support to the annual budget and rolling forecast processes
- Support Annual budget process
- Prepare local cost centre budgets for input to SAP
- Update the monthly rolling forecast in BI
- Provide ad-hoc reporting, troubleshooting and analysis when required
- Provide support to GBS with the completion of the Abacus reporting packs
- Act as focal point for day-to-day FI/CO enquiries from GBS
- Assist with the development of local management reports
- Prepare backup info for External
Position will be Stone based minimum 3 days per week