Account Payable Analyst Full Time NEW

Accounts Payable Analyst | LondonMonex is a leading global financial solutions provider, offering a complete set of tools to support business growth and strategic financial operations.We specialise in FX risk management and international payments, helping corporate and institutional clients design tailored FX solutions to navigate currency volatility with confidence. Our team of FX specialists implement well-considered currency strategies, offering dedicated support to help clients manage their payment needs – whether for goods, services, or direct investments.In 2023, Monex facilitated $309 billion in FX turnover, managed $10.7 billion in assets, and processed 8.5 million transactions. With offices across North America (Canada, the US, and Mexico), Asia (Singapore), and Europe (the UK, Spain, and the Netherlands), we serve over 66,000 clients worldwide.By combining global reach with deep local market expertise, Monex enhances businesses with a suite of financial solutions and FX market analysis to help optimise efficiency, mitigate currency risk, and protect margins in an increasingly complex financial landscape. Our corporate client experience is further enhanced by our dedicated sector expertise across a range of industries.Job OverviewThis position is for a friendly, fun, and motivated person to join our finance team and assist our diverse business when necessary.The Accounts Payable Analyst is tasked with overseeing the organization’s outgoing payments, ensuring the accuracy of financial transactions, and fostering strong relationships with suppliers. This role involves processing invoices, reconciling accounts, and enhancing the overall financial health of the organization through timely and precise payments.Additionally, the Analyst is responsible for managing invoice processing and maintaining supplier accounts, which includes assisting with the investigation and resolution of aged transactions, processing employee expenses, and providing ad hoc reports to the Accounts Payable and Finance Team. The Analyst will also focus on creating efficiencies in daily operations to minimize time spent on repetitive and administrative tasks.Key Responsibilities & AccountabilitiesTo work closely with the management accountants to learn all aspects of financial management across assigned entities. Under supervision and guidance complete the following tasks, taking on responsibility for smaller entities where appropriate.InvoicesPrepare and run the weekly supplier payment runs for Monex Europe LimitedPost invoices accurately in line with weekly and monthly deadlinesReconcile supplier statementsEnsure timely and accurate delivery of payment cycle for suppliersPrepare payment file and seek correct approval so that payments are made on timeReview and manage requisitions and POs to keep track of upcoming costInvestigate and resolve any discrepancies or misallocated costsClear controls in place and followed to reduce errorsEnsure accurate application of VAT to invoicing and cost allocationsEnsure invoices are checked and approved in line with policy and operational guidelinesMaintain accurate records of all invoices: both current and historicalPrepare reports as and when requiredSuppliersMaintain accurate and up to date supplier recordsEnsure contract renewals are completed on timeEnsure appropriate documentation is received and updated for new suppliersComplete the payment practices report for HMRC as and when requiredFind out cost-effective supplier that can seamlessly integrate with WDExpensesValidating documents to pre-set rulesCompleting scheduled payments and ad-hoc payment tasksReviewing vehicle documents to pre-set rulesProvide support and answers to customer queriesCompliance with all company policies and procedures, data protection and health and safety requirementsCredit CardsValidating documents to pre-set rulesCompleting scheduled payments and ad-hoc payment tasksReviewing vehicle documents to pre-set rulesCompliance with all company policies and procedures, data protection and health and safety requirementsPost monthly internal recharges.Ensure seamless integration with WD.Business Knowledge / Technical SkillsPrevious experience of working within in a regulated investment firmUnderstanding of business requirements from experience of working in a commercial environmentAbility to learn new tasks and procedures quicklyExperience in working in a varied and diverse administrative roleThe interest to use technology where appropriate to improve processesThe ability to manage a varied workload through effective organisation skillsKnowledge of WorkdaySome awareness of financial regulations, compliance and risk management within assigned country/region.Some knowledge of the regulatory environment in which an FX firm operatesIf you like wild growth and working with happy, enthusiastic over-achievers, you’ll enjoy your career with us!