Accounts Payable Manager - FTC at Lexion

Chandler's Ford, England, United Kingdom

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£46,811 – £46,811Compensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Energy, UtilitiesIndustries

Requirements

Accomplished Finance professional with Accounts Payable experience within a large or complex (group) organisational structure
Experience in managing change as well as writing new processes, policies and procedures
Experience in an accounts payable leadership and people management role
Relevant (AAT) qualification
Experience in departmental change and organisational transformation
Experience in writing processes, policies and procedures around business and technological change
Skills in Excel to Power Query and Macro level
Ability to problem solve and complete month end procedures
Excellent written and verbal communication skills

Responsibilities

Managing Group AP ledgers
Working closely with Procurement to maintain supplier relationships
Working with finance to ensure transactions are correctly recorded
Working with treasury to ensure that cash flow forecasts are accurate
Direct line management of an AP team
Ensuring timely and accurate recording of invoices, including correct coding to the general ledger
Ensuring invoices are correctly recorded for VAT, including reverse charge
Managing weekly and daily payment runs – reviewing and approving the team’s proposal for processing by treasury
Managing the 3-way matching process
Ensuring ledgers are kept up to date and matched

Skills

Accounts Payable

Team Management

Invoice Processing

General Ledger Coding

VAT Compliance

Payment Runs

3-Way Matching

Supplier Management

Cash Flow Forecasting

Process Writing

Policy Development

Lexion

AI-powered contract management platform

About Lexion

Lexion provides a contract management system that helps various teams, such as sales, legal, and HR, to manage contracts more efficiently. The platform uses artificial intelligence, specifically GPT-3, to automate tasks like extracting important details from contracts, generating clause language, and suggesting edits. This automation allows legal teams to spend less time on repetitive tasks and focus on more strategic work. Lexion stands out from competitors by offering a user-friendly interface that enhances collaboration between sales and legal teams, ultimately speeding up the sales process. The company's goal is to improve productivity and operational efficiency for its clients through streamlined contract management.

Seattle, WashingtonHeadquarters

2018Year Founded

$34.2MTotal Funding

ACQUISITIONCompany Stage

Enterprise Software, AI & Machine Learning, LegalIndustries

51-200Employees

Risks

Integration challenges with DocuSign's systems may delay realizing Lexion's full potential.

Lexion's reliance on GPT-3 could be risky if OpenAI changes licensing terms.

Intensifying competition in AI contract management could impact Lexion's market share.

Differentiation

Lexion uses GPT-3 to automate contract management, enhancing efficiency and accuracy.

The platform integrates seamlessly with business, storage, and signature systems for unified management.

Lexion's AI extracts key contract details, reducing manual work for legal teams.

Upsides

DocuSign's acquisition provides Lexion with resources for further AI development and innovation.

Integration with DocuSign's platform could increase customer adoption and satisfaction.

Lexion's founders in senior roles at DocuSign ensure strategic alignment and successful integration.

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