Accounts Payable Analyst

Overview

We have an exciting opportunity for an Accounts Payable Analyst within Group Accounts Payable. You will report into the Senior Accounts Payable Analyst Supervisor.

Beazley is a flexible and innovative employer offering a friendly, collaborative, diverse and inclusive work environment. We encourage applications from all backgrounds.

We have adopted a smart working approach and that means that our people benefit from our flexible ways of working - whether that is in one of our offices designed for ‘activity-based working,’ our flexible dress code or where and when we choose to work.

Job Title:

Accounts Payable Analyst

Division:
Finance – Accounting Operations

Reports To:

Senior Accounts Payable Analyst Supervisor

Key Relationships:
Internal:
Group Accounts Payable, Accounting Operations, Procurement, Risk Management, Financial Controls, Global Expense and Reporting teams, Global Tax, and Finance Business Partners. External:
Third Party Suppliers, Auditors

Provide strong analytical and problem-solving skills to ensure accurate and timely processing of Group AP daily functions while providing a high level of customer service and collaboration with internal and external stakeholders. The ideal candidate is highly organized, detail-oriented, and able to balance policy enforcement with stakeholder support. This position plays a key role in driving continuous improvement, maintaining financial controls, and collaborating across departments to enhance the efficiency and effectiveness of Accounts Payable and expense management processes.

• Process Supplier Payments:
  Analyse and process high volume of supplier invoice submissions across separate Beazley entities within Workday ERP system.
• Process Weekly payments runs across separate entities for supplier payments.
• Supplier Masterfile Maintenance:
  Update Supplier Masterfile in Workday, ensuring all suppliers details are valid, current, and correct for timely payment processing.
• Manage internal and external stakeholder relationships:
  Adhere to Accounts Payable SLAs to provide exceptional level of customer service to all internal (employees) and external stakeholders (suppliers, 3rd party service providers).
• Manage various Accounts Payable inboxes to address and resolve queries effectively and timely.
• Financial Controls:
  Continuous maintenance and review of process documentation for all AP functions and ensure consistency across all documented processes.
• Collaborate with Financial Controls to implement and maintain controls to prevent fraud, misuse, and policy violations.
• Support the quality and timeliness of internal control requirements associated with Accounts Payable.
• Assist in the development of Key Risk Indicators (KRIs).
• Promote continuous improvement culture and maintain and improve standardisation of tasks and processes.
• Accounting and Reporting:
  Manage KPI reporting on supplier invoices and payments to support Accounting Operations with visibility into key processes and opportunities for improvement.
• Assist in the implementation and adherence of accounting policies, and procedures that support efficiencies.
• Support Global Expense team and Business Partners DCR reporting relating to actuals versus budgets.
• Complete monthly reconciliations of Trade Creditors accounts.
• Projects/Audit/Ad Hoc:
  Support Sr AP Analyst Supervisors and Group AP Manager as necessary on activities across all areas within Accounting Operations.
• Assist with both external and internal audits and provide timely and thorough documentation.
• Use business knowledge and understanding of accounts payable processes to identify and propose improvements and enhancements for automated and streamlined processes.
• Participate in implementation of new functionality as required.

Education and Qualifications

• General accounting knowledge
• Educated to degree level

Essential Criteria

• Experience working in Accounts Payable, Procure to Pay and/or financial accounting role
• Experience working within the Financial Services Industry (desired but not mandatory)
• Excellent written and verbal communication skills
• Excellent numeric and analytical skills
• Good…