Accounts Payable Analyst

Description:

DAI is a global development company with corporate offices in the USA, the UK, the EU, Nigeria, Pakistan, and Palestine, and project operations worldwide. DAI tackles fundamental social and economic development problems caused by inefficient markets, ineffective governance, and instability: it works on the frontlines of global development, transforming ideas into action-action into impact. DAI is committed to shaping a more liveable world.

DAI is seeking a European Treasury and Accounts Payable Analyst to join our busy Finance Team. The position will be a full-time, permanent role. The position will be based in Apsley, Hemel Hempstead, Hertfordshire. Become part of the thriving DAI business, located in spacious, bespoke offices, 30 minutes out of Euston - with excellent rail and motorway links to London and region.

The main purpose of the role is a professional position supporting treasury/cash management/AP functions in Europe. Support DAI entities in Europe, ensuring sufficient funds to cover daily working capital requirements and long-term growth initiatives.

Key Roles and Responsibilities:

Supplier Management

• Set up of new suppliers into accounting system
• Verification of supplier banking details
• Set up of banking details in accounting system and banking portal.
   

Payments

• Prepare payment runs for upload to the banking system
• Setting up payments to suppliers in the bank and the accounting system.
• Providing payment confirmation and dealing with payment queries.
• Process field wire requests in accounting system and processing payments
• Process and pay supplier advances in accounting system and bank.
   

Daily Cash Management

• Monitors daily cash flows impacting cash-forecasting models for UK and Continental Europe subsidiaries.
• Prepares daily consolidated cash position
• Monitors cash levels in different currency accounts, initiating transfers between accounts as appropriate
   

Corporate Treasury Management

• Processing of accounting entries for inter account transfers, and non-Accounts Payable payments (e.g. interest, loan repayments, payroll payments).
• Process receipts in Accounts Receivable.
• Ensures and applies adequate controls to ensure DAI resources are safeguarded properly.
• Analyse and optimize bank service utilization
   

Other

• Ensures timely communications and processing,
• Coordinates to resolve payment/banking issues,
• Responds timely to all inquiries and requirements
• Audit Support
   

Qualifications, knowledge, skills and experience:

• Knowledge of Oracle accounts payable – P2P.Preferably Cloud.
• MS Office, particularly Excel.
• Excellent interpersonal, oral and written communication skills.
• Exceptional organizational skills and attention to details.
• Ability to work with minimal guidance, as well as prioritize work and handle multiple tasks under tight deadlines.