Accounts Payable Associate - Level III - #136503

Description

We are looking for a talented Accounts Payable Associate - Level III to join our team specializing in Finance for our Europe Finance department in Darlington, United Kingdom.

This is a maternity cover role for 9 months.

In this role, you will make an impact in the following ways:

• Efficient Payment Processing: By accurately processing invoices, checks, wire transfers, and payments, you'll ensure timely and smooth financial transactions.
• Vendor Relationship Management: Your ability to handle vendor inquiries and reconcile complex statements will strengthen relationships and maintain trust with vendors.
• Error Resolution: By resolving complex invoice discrepancies, you'll help maintain accurate financial records and prevent payment delays.
• Analytical Insights: Preparing detailed analyses of accounts will provide valuable insights for financial decision-making and strategy.
• Process Improvement: Conducting root cause analysis of processing errors and suggesting improvements will enhance the efficiency and accuracy of the accounts payable process.
• Month-End Support: Your support during month-end closing will ensure accurate and timely financial reporting.
• Project Leadership: Leading and participating in accounts payable improvement projects will drive innovation and operational excellence.
• Adaptability and Initiative: Performing other duties as assigned with minimal supervision will demonstrate your flexibility and proactive approach to tackling challenges.
  
  

Responsibilities

To be successful in this role you will need the following:

• Strong Business Partnering Skills: Collaborate effectively with stakeholders, develop partnerships, and use your business knowledge to guide decision-making and drive performance aligned with organizational goals.
• Proficiency in Financial Internal Controls: Assess and leverage internal controls, develop remediation plans to mitigate financial reporting risks, and adapt to changing business needs.
• Technical Expertise: Be proficient in reconciliations of AP liability accounts, GRNI, and AP-related balance sheet accounts. Have a good understanding of journal entries, debits, and credits within the Balance Sheet & Profit/Loss Accounts.
• Effective Relationship Building and Teamwork: Build strong relationships, support junior staff with AP knowledge, and work well under pressure, especially during month-end.
  
  

Qualifications

Education/Experience:

• Reconciliations of AP Liability accounts, GRNI (Goods Received Not Invoiced) and AP related balance sheet accounts.
• Support more junior members of staff with AP knowledge.
• Effective relationship building and teamwork skills essential for role.
• Qualified or working towards Level 3 AAT is desirable but not essential.
• Proficiency in Microsoft package (Excel & PowerPoint).
• Must be proficient in journal entry process and good understanding of debits and credits within the Balance Sheet & Profit/Loss Accounts.
• Ability to work well under pressure during Month-End.
  
  

Job Finance

Organization Cummins Inc.

Role Category Hybrid

Job Type Office

ReqID 2412596

Relocation Package No