Payments Manager
- Location: Wimbledon
- Job Type: Full-time
- Salary: to £40,000 pa
My client, a leading construction firm, is looking for a Payments Manager to join their finance team. The ideal candidate will bring a strong background in finance and accounting, with specific experience in the construction industry, to oversee and manage all aspects of their payment processes.
Day to day of the role:
- Oversee and manage the entire payment process, including vendor payments, subcontractor payments, and employee reimbursements.
- Ensure timely and accurate processing of all payments in compliance with company policies and industry regulations.
- Maintain and reconcile accounts payable ledgers, ensuring all transactions are recorded accurately.
- Collaborate with project managers and procurement teams to ensure proper documentation and approval of invoices.
- Monitor cash flow and forecast payment schedules to ensure sufficient funds are available for project needs.
- Develop and implement payment policies and procedures to improve efficiency and control.
- Resolve payment discrepancies and disputes in a timely and professional manner.
- Prepare and present regular reports on payment activities and financial status to senior management.
- Stay updated on industry trends and best practices in payment management.
Required Skills & Qualifications:
- Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
- Minimum of 2-3 years of experience in payment management, preferably in the construction industry.
- Strong knowledge of accounting principles and financial regulations.
- Proficiency in accounting software and Microsoft Office Suite.
- Excellent analytical and problem-solving skills.
- Strong attention to detail and organizational abilities.
- Effective communication and interpersonal skills.
- Ability to work independently and as part of a team.
Benefits:
- Competitive salary and benefits package.
- Opportunities for professional growth and development.
- A collaborative and supportive work environment.
To apply for the Payments Manager position, please submit your CV below