Accounts Payable Manager

Financial Reporting Council

Job Description

The Financial Reporting Council (FRC) mission is to serve the public interest by setting high standards of corporate governance, reporting and audit and holding to account those responsible for delivering them. We are the UK Competent Authority for audit. We also set the UK Corporate Governance and Stewardship Codes as well as UK standards for accounting, auditing and actuarial work, and monitor and take action to promote the quality of corporate reporting and operate independent enforcement arrangements for accountants and actuaries. Further information about our role can be found at .

The Role:

• Oversee and coordinate the Accounts Payable function.
• Ensure Accounts Payable processes and controls are robust.
• Process invoices and expenses in line with company policies.
• Organise and lead weekly BACS payment run.
• Ensure suppliers are paid accurately and in accordance with KPIs.
• Set up new supplier accounts and amend existing supplier details as necessary.
• Monitor accounts mailbox and respond to supplier queries.
• Generate reports and perform data analysis on Accounts Payable activities.
• Any other ad hoc tasks/reports requested by senior finance members.

The Person:

• Hold recognised accountancy qualification ACCA/ACA/CIMA or be working towards to achieve this.
• Full knowledge of Accounts Payable operations and principles.
• Experience working in a similar role within Regulatory/Financial services (desirable)
• Line management experience.
• Technical experience of working with accountancy software and systems.
• Advanced Microsoft Excel skills.
• Awareness of Managing Public Money (MPM) principles (desirable)
• Excellent organisational skills and strong attention to detail.
• Flexible, professional, and hard working with a can-do attitude.
• Experience of communicating clearly and concisely on technical and financial matters in both written and verbal communication
• Key internal relationships with the Finance department and other departments in the organisation, including senior members of staff
• Key external relationships with our suppliers, external auditors, and One Advanced support team.
• High levels of organisational skills and self-motivation.
• Adaptable, and flexible and working in a fast-paced environment which changes and adapts to business needs.
• Ability to work independently and take initiative.
• High level attention to detail
• Ability to manage and prioritise a diverse and heavy workload.
• Supervise trainee accountant
• Being able to work in a collaborative manner.
• Tactful, diplomatic and highly confidential approach.

The post holder should be able to work flexibly to support the team’s activities and also provide cover within the FRC as necessary. The FRC operates a hybrid working arrangement with its workforce, with precise arrangements to be agreed between the employee and the line manager. FRC operates a four-day fortnight in the office.

Rewards and benefits

• The FRC offers remuneration packages, including 30 days annual leave, flexible bank holidays plus ability to buy extra leave.
• Generous employer pension contribution of 10%.
• Staff Employee Assistance Programme including confidential counselling and work life services.
• The FRC offers staff the opportunity to save at least 25% on the purchase of a new bike through the Cycle to work scheme.
• The FRC has a strong work/life balance ethos.

The FRC believes that equality of opportunity and diversity is important in the work that we do and we are strongly committed to being an inclusive employer. Our values of being fair and independent supports this commitment. We’re a signatory to the Government’s Disability Confident scheme, which means that we guarantee an interview to any disabled candidates entering under the scheme, should they meet the minimum criteria for a role.

Equal opportunities monitoring is an important means of demonstrating and implementing our commitment to promoting equality of opportunity and diversity. Completing our diversity form will assist the FRC to identify any barriers that prevent access to employment and career development for certain groups of people, and to develop solutions, such as action plans, new policies and practices.