Accounts Payable Officer – Bank

Job Reference: NJ0481Date Posted: 24 September 2026Recruiter: Nexus Jobs LimitedLocation: LondonSalary: 40,000 to 50,000Sector: AccountingJob Type: PermanentWork Hours: Full TimeContact: Jas GujralEmail: : Apply for this job nowJob DescriptionAccounts Payable Officer – BankOur Client is an established European bank with offices in Central London.They are looking to recruit an Accounts Payable Officer with at least 3 to 5 years experience of working within Finance department and ideally within a banking environment.To ensure the timely and accurate processing of invoices, payments and employee expenses.· To identify any breaks in the daily process and make recommendations to line manager. · To monitor actual costs against target and highlight and variances in a timely manner. Responsibilities· Production and Analysis of monthly actual vs budget cost management · Management of Cost trend Analysis and highlighting items with a material impact to management. · Assist with the annual cost Budget · Regularly update department SOP’s · Deal with internal and external cost/supplier queries · Prepare monthly KPI report · Manage the accounts payable systems V1, Ebis, Open Accounts, provide assistance to other users · Arrange employee Barclaycards and processing of corporate card expenses · Reconcile all AP accounts with the GLO · Monitor Head Office recharges · Arrange monthly accrual and prepayment schedule · Processing journals · Ensure the AP inboxes are being monitored on a timely basis · Checking and clearing the nostro accounts · Process travel advance expenses · Supplier Statement Reconciliation · Accurately execute all controls within own area to minimise risk of policy, procedure, and/or regulatory breaches. · Identify new risks/control gaps within own area and escalate accordingly to your Line Manager and/or Head of Department. · Accurately execute all controls within own area to minimise risk of policy, procedure, and/or regulatory breaches. · Identify new risks/control gaps within own area and escalate accordingly to your Line Manager and/or Head of Department.Risk & Regulatory Duties · Maintain knowledge of all applicable regulatory requirements including the Bank’s Risk and Compliance policies and procedures and adhere to these to avoid exposing the Bank to undue risk. · Report policy/procedure breaches and areas of potential non-compliance and suspicions promptly upon identification in accordance with the Bank's Risk and Compliance policies.You will Act in accordance with the FCA/PRA Code of Conduct.The salary for this position is 40K - 50K + Benefits.Location is Mayfair Central London.Please do send your CV to us in Word format along with your salary and notice period.

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