Accounts Payable Investment London City

Accounts Payable Specialist (Financial Services) London City 12-Month Maternity Cover

50K/55K

An international Investment Bank based in the City of London is seeking an experienced Accounts Payable Specialist to join their Finance team on a 12-month maternity cover contract. This is an excellent opportunity for a finance professional with strong Financial Services experience to take ownership of the Accounts Payable function within a fast-paced, regulated environment.

The Role

Working closely with Finance, Treasury and Operations teams, you will be responsible for the end-to-end Accounts Payable process across multiple entities, ensuring accuracy, compliance and efficiency at every stage. The organisation utilises NetSuite , so previous experience with the system is highly desirable.

Key Responsibilities

• Managing the full Accounts Payable lifecycle, including invoice processing, coding, approvals and posting.
• Preparing and overseeing weekly and monthly payment runs.
• Maintaining supplier records and managing vendor relationships.
• Performing AP-related bank reconciliations and investigating discrepancies.
• Managing employee expenses and corporate card transactions.
• Supporting VAT reporting and ensuring appropriate tax treatment.
• Producing AP ageing reports and KPI dashboards.
• Assisting with month-end close activities, including accruals and prepayments.
• Preparing audit documentation and supporting internal controls.
• Working collaboratively with Procurement, Treasury and Operations to improve processes and supplier experience.

We are looking for candidates who can demonstrate:

Previous Accounts Payable experience within Banking, Investment Banking or Financial Services

Strong knowledge of NetSuite including supplier, invoice and payment processing

Experience working within a multi-entity environment

Understanding of VAT, accruals, prepayments and AP controls

Strong Excel skills including Pivot Tables and XLOOKUP/VLOOKUP

Excellent attention to detail and ability to meet tight deadlines

Confident communication skills with both internal stakeholders and external suppliers.

What's On Offer?

• Opportunity to join a prestigious Investment Banking environment in the City of London.
• Broad exposure across finance operations and stakeholder groups.
• Hybrid working arrangement.
• Collaborative and professional culture.
• Competitive salary and benefits package.

Equality & Inclusion

Morgan Spencer is committed to equality, diversity and inclusion. We welcome applications from all suitably qualified candidates regardless of background, identity or circumstance.

Confidentiality & GDPR

All applications are handled with the strictest confidentiality and processed in accordance with UK GDPR and data protection legislation. Your personal information will only be used for recruitment purposes and will never be shared without your consent.

Morgan Spencer Limited, registered in England & Wales No: .

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