Private Equity
Our client, a global private equity firm, is looking for a talented Accounts Payable Specialist to join the team in Central London. The successful candidate will have a significant experience within asset management, ideally PE. Working as part of a small but high profile team, this role will focus on the accounts payable function for the corporate and fund entities.
Description
The responsibilities of the Accounts Payable Specialist role include but are not limited to:
- Managing accounts payable using accounting software and other programs and overall monitoring of the payment cycle and workflow of approvals till payment, circa 450 invoices per month.
- Handling accounts payable for separate entities and vendors, across group entities and fund entities.
- Proactively managing the payables mailboxes and timely response to queries from external suppliers and internal stakeholders (deal teams and department heads).
- Receive and distribute incoming accounts payable invoices and related documents for approval.
- Review and verify supplier invoices and statements.
- Collecting, reviewing and coding invoices and expenses.
- Comparing purchase orders, prices, terms of payment and other charges.
- Identify and resolve any discrepancies between purchase orders and invoices.
- Process staff expenses and corporate cards monthly, including coding.
- Support the process to issue recharges on the back of the invoices processed.
- Ensuring bills are paid in a timely and accurate manner while adhering to departmental procedures and supplier terms.
- Prepare and process weekly payments.
- Regular maintenance of cashbooks.
- Analysing workflow processes across the corporate and fund entities and proposal of improvements.
- Involvement with transformation project for new AP system (Concur).
- Establishing and maintaining relationships with new and existing suppliers.
- Establish new suppliers in accordance with company policies.
- Conduct analysis of vendors on a periodic basis and propose measures.
- Produce analytics and reports on amounts spent, amounts used against POs, WIP, monitoring of agreed budgets, and other ad-hoc analysis as required from time to time.
Skills
The skills of the Accounts Payable Specialist role include but are not limited to:
- Previous Accounts Payable experience, ideally in Private Equity.
- QuickBooks, SAP Concur and Expensify experience a plus.
- Experience of multiple entities – Corporate & Fund.
- Good working knowledge of VAT.
- Advanced Excel skills.
- Previous experience with high volume of transactions.
- Prior experience with dealing with multi-currencies (preferred).
- Prior experience operating in a group setting comprised of more than one single legal entity.
- Prior experience operating in the Funds space (other Private Equity managers or Asset Managers).
- Highly numerate and detailed orientated.
- Team player.
- Very organised and has an ability to deliver within tight deadlines and fast pace environment.
- Self-starter, proactive, energetic, and forward-thinking anticipating business needs before they arise.
- Ability to work autonomously and take the initiative.
Apply
This role is based in the office 5 days a week.
To apply for this Accounts Payable Specialist role, please use the apply button.
Please note that due to the expected volume of applications, we will only be able to respond to those candidates whose experience matches the requirements of our client. We are sorry, but if you have not heard from us within the next ten days, please assume you have been unsuccessful on this occasion.
Walker Hamill has been a specialist finance and strategy recruiter for over 30 years. We have an extensive client group, including major multinational listed organisations, private equity backed businesses and privately owned companies. We recruit across all sectors and have particularly strong client relationships in media, retail, pharma/biotech, technology, property/real estate, leisure and business services. Headquartered in London, we have additional offices in continental Europe.