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

Key technologies and capabilities for this role

Accounts PayableTeam ManagementInvoice ProcessingGeneral Ledger CodingVAT CompliancePayment Runs3-Way MatchingSupplier ManagementCash Flow ForecastingProcess WritingPolicy Development

Questions & Answers

Common questions about this position

What is the salary for the Accounts Payable Manager role?

The salary is £46,811.

Is this a remote position, or do I need to go to the office?

The role is based in Chandlers Ford with home working and regular visits to the office.

What skills and experience are required for this position?

Required experience includes accounts payable leadership and people management, AAT qualification, managing departmental change, writing processes/policies/procedures, advanced Excel skills (Power Query and Macro level), problem-solving, month-end procedures, and excellent communication skills.

What benefits does Utilita offer?

Benefits available from the first day include a structured bonus scheme with personal and business elements, and career progression opportunities with training and clear pathways.

What makes a strong candidate for this Accounts Payable Manager role?

A strong candidate has accounts payable leadership experience in a large or complex organization, AAT qualification, proven ability in managing change and writing new processes/policies, advanced Excel skills, and excellent communication for cross-team collaboration.

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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