 Job Details
| Job Title: | | Accounts Payable Supervisor | | | Description: | | Accounts Payable Supervisor - City, London
JOB OBJECTIVE/SUMMARY
Responsible for maintaining the Syndicate and finsol bank accounts ensuring that all bookings made to the cash book are accurate and that accounts are reconciled on regular basis. Ensure that all matching is carried out on a timely basis.
MAIN RESPONSIBILITIES
• Responsible for carrying out bank reconciliations for the following bank accounts:
o Syndicate (weekly)
o MSIL (fortnightly)
o Branch (fortnightly)
• Review automated cashflows for above bank accounts monthly
• Responsible for the production of the syndicate 3 day forecast which is produced daily
• Overall responsibility for ensuring that all cash is booked for the syndicate.
o Responsible for reviewing LCA journals prepared by the accounts receivable assistant and ensuring posted on a timely basis
o Complete and send proformas to Exchanging for direct premiums to ensure that the correct premium is recorded in MSIP
o Review direct premium journals posted by the syndicate accounts receivable assistant
o Chase up any delays with Exchanging
• Prepare month end suspense listing in order to determine what needs to be accrued
• Review and assist with the matching process (matching signed to written premium and matching signed premium to cash) to ensure that all matching is being done on a timely basis and all flagged items are followed up.
• Supervision of the Syndicate Accounts Receivable Assistant
• Communication of any issues/delays in meeting daily/weekly/monthly syndicate accounts receivable deadlines to the Accounts Manager.
• Liaise with credit control to ensure that all unmatched cash items are chased up and resolved on a timely basis
• Responsible for ensuring all month end deadlines relating to bank recs, investments and others are met.
• Be able to provide cover/assist other members of the accounts receivable and payable team where necessary
• Assist Accounts Manager and accounts team where necessary
AUTHORITY LIMITS
Not applicable
COMPETENCIES – Essential or Desirable
a) TECHNICAL, including IT – Essential or Desirable
Previous use of Agresso – desirable
Good working knowledge Word – essential
Excel to an intermediate standard – essential
Strong accounting knowledge, ie good understanding of debits and credits and how they affect the profit and loss of the company - essential
b) EDUCATION AND QUALIFICATIONS – Essential or Desirable
Strong numerical skills - essential
c) EXPERIENCE/KNOWLEDGE – Essential or Desirable
Minimum of 3 years experience in an accounting function including bank reconciliations – essential
Insurance experience - desirable
Working knowledge of Lloyd’s - desirable
d) PERSONAL ATTRIBUTES/ABILITIES – Essential or Desirable
Good communication - essential
Attention to detail and accuracy - essential
Works well under pressure - essential
Ability to meet deadlines - essential
Ability to work in team – essential
Ability to work with minimal supervision – essential
Ability to use own initiative and be proactive about solving problems - essential
| | | Type: | | Permanent | | Financial
Qualifications: | | | | General
Qualifications: | | | | Systems
Experience: | | | | | Salary Range: | | £30000 - £35000/annum NEG + BE | | | Benefits: | | | | | Location: | | London
| | | Job URL: | | http://www.cv-library.co.uk/cgi-bin/jdb_view_vacancy.cgi?jobref=101152364&s=100032 | |
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