Accounts Payable Assistant

Elevation Accountancy and Finance are delighted to be working with a fantastic business in Leeds who are currently seeking a diligent and experienced Accounts Payable Specialist to join their finance team. This role requires a highly organised individual with a strong background in accounts payable processes, financial controls, and supplier management. The successful candidate will be responsible for ensuring the accuracy and efficiency of the accounts payable ledger, while supporting the company’s broader financial objectives.

• Assume full accountability for the processing, maintenance, and management of the Accounts Payable (AP) ledger, including employee expenses and corporate credit cards.
• Assist with the preparation and reporting of forecasted payments for inclusion in both short-term and long-term cash flow forecasts.
• Prepare and process payments in accordance with company policies and procedures.
• Perform invoice processing using a 3-way matching system; liaise with vendors and internal departments to resolve discrepancies.
• Conduct regular reconciliation of supplier statements and resolve any outstanding issues.
• Monitor supplier account limits and provide timely reporting where credit limits may require management to prevent operational risks.
• Coordinate the onboarding of new suppliers, ensuring all necessary documentation is in place and risks are appropriately assessed.
• Proactively identify and escalate potential supply risks to the AP Manager; collaborate with other departments as necessary to mitigate such risks.
• Support the AP Manager by providing accurate and timely financial data, including information related to foreign exchange (FX) transactions.
• Assist in the development and implementation of creditor and payment control procedures, ensuring compliance with internal policies.
• Prepare aged creditor reports and supplier performance analysis.
• Undertake period-end responsibilities, including but not limited to posting order accruals.
• Perform other accounting and banking functions as required by the business

• Demonstrable experience in an Accounts Payable or finance-related role
• Strong understanding of financial controls, accounting principles, and cash flow processes
• Excellent attention to detail and a methodical approach to problem-solving
• Proficiency in relevant financial systems and Microsoft Office applications
• Strong interpersonal and communication skills, with the ability to liaise effectively with both internal and external stakeholders
• A proactive and professional attitude, with the ability to work independently and as part of a team

If this looks like a role of interest to you then please get in touch.