Accounts Payable Executive - 6 Month FTC at LHV Bank

London, England, United Kingdom -

Full Time

Start Date

Immediate

Expiry Date

27 Apr, 26

Salary

0.0

Posted On

27 Jan, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Accounts Payable, Attention To Detail, Accounting Principles, Accounting Systems, Organizational Skills, Invoice Processing, Payment Processing, Reconciliations, Reporting, Stakeholder Management, Process Improvement, Audit Support, AP Automation, Supplier Management, Expense Processing, Documentation

Industry

Financial Services

Description

LHV Bank Limited is a UK-licensed bank operating across three core business segments: Retail Banking, SME Lending, and Banking Services (BaaS). The bank is a wholly owned subsidiary of LHV Group, a listed financial services provider headquartered in Estonia. LHV Bank operates under a full UK banking licence granted in May 2023. The Bank supports over 200 fintech clients with embedded financial infrastructure, provides retail savings products via digital channels, and offers SME credit solutions across the UK. In line with its regulatory responsibilities and growth ambitions, LHV Bank is committed to maintaining a robust and proportionate financial crime control environment. Expanding our services, LHV Bank now provides personal banking solutions. Our offerings include current accounts with competitive interest rates, fixed-rate bonds for long-term savings, and debit cards. Customers can conveniently access these services through the LHV App, enabling secure account opening and management. Role Purpose The Accounts Payable Executive is responsible for the accurate and timely processing of supplier invoices, staff expenses and payments, ensuring compliance with internal controls, accounting policies and regulatory requirements. The role supports month-end close, process improvement and automation initiatives within Finance. Key Responsibilities: Transaction Processing Process supplier invoices accurately and in a timely manner, ensuring correct coding and approval in line with delegation of authority. Manage the end-to-end accounts payable cycle including invoice receipt, matching, posting and payment. Process staff expenses in line with company policy (via Finbite and Payhawk). Maintain AP master data and ensure supplier details are accurate and up to date. Payments & Controls Prepare and process payment runs in accordance with agreed schedules. Ensure appropriate segregation of duties and adherence to internal controls. Support audit requests and provide documentation for internal and external auditors. Identify and resolve invoice and payment discrepancies promptly. Reconciliations & Reporting Perform supplier statement reconciliations and investigate variances. Assist with month-end close activities including accruals and balance sheet reconciliations. Support reporting on AP KPIs Stakeholder Management Act as a point of contact for suppliers and internal stakeholders, resolving queries professionally and efficiently. Work closely with the wider Finance team to resolve issues and improve processes. Process Improvement Support automation and process improvement initiatives across Accounts Payable. Identify opportunities to improve efficiency, reduce manual processing and minimise errors. Contribute to documentation of AP processes and controls. Skills & Experience: Essential Experience in an Accounts Payable. Strong attention to detail and high level of accuracy Good understanding of basic accounting principles Experience using accounting systems and AP tools (Microsoft Dynamics/Business Central, Payhawk, Finbite). Strong organisational skills with the ability to meet tight deadlines. Desirable Experience in financial services or a regulated environment. Experience supporting audits and working with internal controls. Exposure to AP automation and system implementations. AAT qualification (or studying towards) or equivalent experience. Some of our benefits Competitive salary &lots of opportunities to learn, grow and progress professionally. Open and inclusive culture. Hybrid working. Fantastic offices and great working environment. Vitality Health Plan (includes private health insurance, travel insurance, gym discounts) Health cash Plan (Medicash health plan Level 3) 5% employer pension contribution. Life assurance – 4 x salary. Income protection insurance – 75% 28 days holiday plus 3 additional days, & further days for various key life events as well as the opportunity to sell up to 5 days per calendar year. Swap public/bank holidays each year for alternative days that align with your personal, cultural, or religious observances. Enhanced family friendly and family forming policies. Access to a wide range of retail discounts. Team Socials.

Responsibilities

The Accounts Payable Executive is responsible for processing supplier invoices, staff expenses, and payments while ensuring compliance with internal controls and accounting policies. The role also supports month-end close and process improvement initiatives within Finance.