Transport UK Group

Accounts Payable

• Issue AP reports daily to the AP Teams and using the information included therein to determine areas of focus on each day/week.
• Preparation of weekly MI information for Solvd.’s clients, with key financial information and accompanying narrative.
• Hosting a fortnightly call with each client to deliver the key messages included within the weekly MI information.
• Manage workflows to ensure effective completion of all duties.
• Complete performance management and appraisal process for all direct AP team members.
• Ensure there is an appropriate training and development schedule for employees within the team.
• Ensure accurate input of invoices by Accounts Payable Assistants, with specific focus on VAT treatment and Construction Industry Scheme requirements.
• Manage period/month end close of all ledgers.
• Oversee the supplier statement reconciliations at period/month end.
• Journal entries as required.
• Oversee year-end close.
• Ensure that process workflows are documented and kept up to date for all financial and administration processes for business continuity purposes.
• Maintain up to date knowledge and understanding of VAT regulations.
• Maintain up to date knowledge of the Construction Industry Scheme (‘CIS’).
• Oversee team correspondence with suppliers, where required.
• Ensure Accounts Payable team is resolving invoice/purchase order discrepancies in a timely manner with clients and suppliers.
• Ensure timely completion and review of reconciliations of supplier account statements.
• Manage ad-hoc tasks handed down by AP Manager.
• Review and approve AP payment runs.
• Weekly upload of payment files to BACS payment platform.
• Assist the Finance Operations Manager in improving control processes both in the Shared Services Centre and within the remote entity locations.
• Ensure that process workflows are documented and kept up to date.
• Ensure that Business Continuity is maintained, with appropriate cross-skills across the Accounts Payable Team.

AP Supervisor