Job Description Job title Head of Accounts Payable Team Finance and Central Functions Band 6 Reporting to Financial Control Director Management responsibility Purpose of the job To manage the Accounts Payable function and maintain the integrity of the Bank’s financial ledgers and sub- ledgers as they relate to Accounts Payable (AP), Accounts Receivable (AR), Expenses and Fixed Assets. Main duties 1. Manage the month end ledger close for AP, AR, Expenses and Fixed Assets for all Group Companies 2. Manage AP, AR, expenses (AP) and GL functions for BBB and other related entities. (Broader than AP) 3. Oversee and where required manage internal and external stakeholders in the AP, AR and expenses processes 4. Manage and approve all AP, AR and expenses postings to the sub ledgers 5. Manage aged creditor and aged debtor reporting 6. Manage AP and expenses payment runs 7. Manage and approve relevant journal postings to the Bank ledgers, and the validation of system generated postings to the ledgers 8. Preparation of monthly accruals (cost and income) and prepayments 9. Maintenance of the fixed asset register, posting of depreciation journal and reconciliation to the GL 10. Preparation and submission of the quarterly group VAT return, ensuring the correct VAT treatment is being applied to each entity (AP) 11. Produce weekly KPI information 12. Ensure that all significant relevant finance processes are properly documented and updated 13. Use of AOI/standard ACCESS reports to develop relevant weekly and monthly reporting 14. Manage, develop and motivate two direct reports to meet all deliverables. Knowledge and experience Strong experience of managing a transactional processing team Experience of management of AP, AR and GL Experience of having worked with ERP systems (preferably ACCESS) would be desirable. Strong analytical and organizational skills. Proficient with Excel. Internal and external stakeholders Key competencies/behaviours Able to prioritise competing demands and willing to contribute to the delivery of team objectives Excellent communication skills Collaborative and proactive in building effective relationships. Demonstrates integrity, honesty and reliability. Qualifications

· Web viewTo manage the Accounts Payable function and maintain the integrity of the Bank’s financial ledgers and sub-ledgers as they relate to Accounts Payable (AP), Accounts

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Page 1: · Web viewTo manage the Accounts Payable function and maintain the integrity of the Bank’s financial ledgers and sub-ledgers as they relate to Accounts Payable (AP), Accounts

Job DescriptionJob title Head of Accounts PayableTeam Finance and Central FunctionsBand 6Reporting to Financial Control DirectorManagement responsibility

Purpose of the jobTo manage the Accounts Payable function and maintain the integrity of the Bank’s financial ledgers and sub-ledgers as they relate to Accounts Payable (AP), Accounts Receivable (AR), Expenses and Fixed Assets.

Main duties1. Manage the month end ledger close for AP, AR, Expenses and Fixed Assets for all Group Companies 2. Manage AP, AR, expenses (AP) and GL functions for BBB and other related entities. (Broader than AP)3. Oversee and where required manage internal and external stakeholders in the AP, AR and expenses processes4. Manage and approve all AP, AR and expenses postings to the sub ledgers 5. Manage aged creditor and aged debtor reporting6. Manage AP and expenses payment runs 7. Manage and approve relevant journal postings to the Bank ledgers, and the validation of system generated postings to

the ledgers 8. Preparation of monthly accruals (cost and income) and prepayments 9. Maintenance of the fixed asset register, posting of depreciation journal and reconciliation to the GL 10. Preparation and submission of the quarterly group VAT return, ensuring the correct VAT treatment is being applied to

each entity (AP)11. Produce weekly KPI information12. Ensure that all significant relevant finance processes are properly documented and updated 13. Use of AOI/standard ACCESS reports to develop relevant weekly and monthly reporting 14. Manage, develop and motivate two direct reports to meet all deliverables.

Knowledge and experienceStrong experience of managing a transactional processing teamExperience of management of AP, AR and GLExperience of having worked with ERP systems (preferably ACCESS) would be desirable.Strong analytical and organizational skills.Proficient with Excel.

Internal and external stakeholders

Key competencies/behaviours

Able to prioritise competing demands and willing to contribute to the delivery of team objectives Excellent communication skills Collaborative and proactive in building effective relationships. Demonstrates integrity, honesty and reliability.

QualificationsRequired for the role Additional / desirable