Technical Accounts Payable - London, United Kingdom - Avencia

Avencia

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

About us

Avencia Consulting are working with a Specialty Insurer in the City, who are looking for a Technical accounts Payable to join.

The Company currently writes lines of business including; specialty insurance: aviation & aerospace, energy, marine, property, terror & political violence, contingency and other specialty lines; reinsurance: property reinsurance, property retrocession, specialty reinsurance, whole account/multi-class and bespoke.

The role
Reporting into the Credit Control Manager and working with the wider finance function.

Key accountabilities

Review and verify payment requisitions for appropriate approvals and supporting documentation
Enter and upload premium and claim payments into banking platforms
Coordinate and track payment approvals across multiple banking platforms and locations
Track and record payment details in an orderly manner
Reconcile bank accounts to the general ledger
Monitor reinsurance premiums payable ledger to ensure payments are up to date
Prepare analysis, research and resolve discrepancies and issues as required.
Correspond with claims, outwards, credit control and finance teams and respond to inquiries
Assist with audit support as necessary
Continually assess the payable and payment process for improvements
Help with chasing outstanding premiums, cash allocations and bank reconciliation as required.
Upload manual cash vouchers in accounting software.

Skills & experience

A minimum of 13 years accounts payable or general accounting experience
Working towards an accounting designation not required but considered an asset
Knowledge of general accounting principles considered an asset, particularly in relation to accruals and prepayments
Knowledge of relevant accounting software (previous experience with Oracle preferred but not required)
Proficient in data entry and management
Ability to prioritize, multitask and meet deadlines.
High level of accuracy and attention to detail
Ability to work as part of a broader finance team
Excellent verbal and written communication skills

Job Reference:
FID00666