Accounts Payable Supervisor - London, United Kingdom - Starr Companies

Starr Companies

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

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Description

Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world.

Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world's fastest growing insurance organizations, capable of writing in 128 countries on 6 continents._

Role Purpose

To perform and supervise all purchase ledger activities, including the recording of invoices and expenses, preparation of bank payments for all UK and European companies; posting of bank transactions for the UK and European Agencies and assisting with completion of period end reconciliations.

Roles and Responsibilities

Supervise Accounts Payable team members.
Obtain the relevant level of signoff of for invoices and expenses.
Ensure all invoices are correctly recorded within the purchase ledger.
Resolve all invoice related queries.
Ensure invoices and expense claims are settled within the relevant payment terms.
Maintain a reporting log of issues and late payments
Ensure new and existing supplier accounts are managed appropriately.
Responsible for other expense processing including via Concur.
Preparation of payments and obtaining the relevant signoff.
Ensure all bank transactions are correctly recorded within the ledger.
Ensuring completion of all bank reconciliations within agreed timescales.
Monitoring bank balances.
Key contact for all banking enquires.
Maintain and update purchase ledger and payment procedures.
Continually look to improve processes and assist with any improvements made within the team.
Develop good relationships with senior members of staff.
Develop good relationship with suppliers.
Report any suspicion of financial crime to the Money Laundering Reporting Officer immediately.
Manage any potential conflicts of interest to avoid disrepute to the company's integrity.
Advise Compliance of any complaints immediately.
Assist with the recording of bank receipts where required
Providing ad hoc assistance when required.

Experience

Experience in a similar role;
Purchase ledger processes;
Reconciliations;
Setting up systems and documenting procedures; and
Insurance Market / Lloyd's knowledge is desirable.

Skills:

Analytical thinking;
Advanced numeracy;
Strong communicator;
Judgment and decision making;
High level of selfmanagement;
High personal standards of work;
Selfmotivated; and
Attention to detail.

Systems & IT

Microsoft Office: advanced Excel, intermediate level of understanding in Word, PowerPoint and Outlook;
Barclays online banking;
Sun Systems; and
Concur.

Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic.

We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees.

We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.