Accounts Payable & Receivable Manager

My client, a leading Lloyd's of London Underwriter, are actively seeking a skilled AP & AR Manager to join their growing team. Located in the Heart of the City of London, this is a fantastic opportunity to join a very well respected Underwriter. Insurance experience is advantageous.

Key Responsibilities & Accountabilities

• Supervision and line management of the AP and AR team
• Processing of supplier invoices including matching purchase orders
• Ensure new supplier accounts are set up correctly
• Multi-currency settlements to suppliers
• Manage intercompany settlements across all group companies
• Assist with the testing and roll out of new processes/software
• Maintain SAP Concur employee expenses and credit cards, ensuring audit checks are performed and expenses are settled twice monthly
• Preparation of the Group’s Gifts and Hospitality registers
• Oversee and develop the Accounts Receivable function for the UK Security business and Claims Deductible recovery process, including active credit control and responding to Brokers, Policyholders and Customers
• Distribution of aged receivable reports across the business
• Manage the recovery of "Risk Management" costs from insurance carriers
• Ensure the balance sheet position is correctly stated and reconciled on a monthly basis

Skills & Ability

• Computer literate with strong skills in Outlook and Excel
• Good communicator / self-confident - must be happy to pick up the phone to chase payments
• Strong analytical skills - ability to manipulate large datasets

Knowledge & Experience

• Demonstrable experience in an Accounts Payable and Receivable role, including experience leading a team
• Exposure to a multi-currency environment would be a distinct advantage
• Experience of NetSuite or similar accounting system advantageous