Accounts Payable Officer – Bank
Nexus Jobs · London, England ·
Job Reference: NJ0481Date Posted: 17 August 2026Recruiter: Nexus Jobs LimitedLocation: LondonSalary: 40,000 to 50,000Sector: AccountingJob Type: PermanentWork Hours: Full TimeContact: Jas GujralEmail: cv@nexusjobs.comTelephone: 020 7488 6900Apply for this job nowJob DescriptionAccounts Payable Officer – BankOur Client is an established European bank with offices in Central London.
They are looking to recruit an Accounts Payable Officer with at least 3 to 5 years experience of working within Finance department and ideally within a banking environment. To ensure the timely and accurate processing of invoices, payments and employee expenses.
- To identify any breaks in the daily process and make recommendations to line manager.
- To monitor actual costs against target and highlight and variances in a timely manner. Responsibilities
- Production and Analysis of monthly actual vs budget cost management
- Management of Cost trend Analysis and highlighting items with a material impact to management.
- Assist with the annual cost Budget
- Regularly update department SOP's
- Deal with internal and external cost/supplier queries
- Prepare monthly KPI report
- Manage the accounts payable systems V1, Ebis, Open Accounts, provide assistance to other users
- Arrange employee Barclaycards and processing of corporate card expenses
- Reconcile all AP accounts with the GLO
- Monitor Head Office recharges
- Arrange monthly accrual and prepayment schedule
- Processing journals
- Ensure the AP inboxes are being monitored on a timely basis
- Checking and clearing the nostro accounts
- Process travel advance expenses
- Supplier Statement Reconciliation
- Accurately execute all controls within own area to minimise risk of policy, procedure, and/or regulatory breaches.
- Identify new risks/control gaps within own area and escalate accordingly to your Line Manager and/or Head of Department.
- Accurately execute all controls within own area to minimise risk of policy, procedure, and/or regulatory breaches.
- Identify new risks/control gaps within own area and escalate accordingly to your Line Manager and/or Head of Department. Risk & Regulatory Duties
- Maintain knowledge of all applicable regulatory requirements including the Bank's Risk and Compliance policies and procedures and adhere to these to avoid exposing the Bank to undue risk.
Report policy/procedure breaches and areas of potential non-compliance and suspicions promptly upon identification in accordance with the Bank's Risk and Compliance policies. You will Act in accordance with the FCA/PRA Code of Conduct.
The salary for this position is 40K - 50K + Benefits. Location is Mayfair Central London. Please do send your CV to us in Word format along with your salary and notice period.