Accounts Payable Specialist
Hyde Park Residence LTD - Finance Division
Handled daily A/P process; managed vendor/supplier relations; and oversaw the timely, accurate processing of 6000 invoices, purchase orders, expense reports, credit memos and payment transactions every year. Maintained adherence to corporate, accounting and Industry standards; addressed escalated issues from employees and vendors regarding accounts payable; prepared internal recharges for sister companies and the Chairman on a monthly basis and ensured accurate and compliant A/P files and records in accordance with company policies and government regulations.
·Improved the turnaround time of high-volume invoice payment, which saved the company hundreds of pounds in late penalty fees.
·Increased productivity by 18%, while maintaining my quality of work during a period of staff reductions within our group of companies between 2010 and 2011.
·Implemented next-generation technologies and process (such as project managing the transition to BACS electronic payments) in order to improve efficiency and foster an environment of continuous improvement.
·Successfully trained 3 interns and 1 junior accountant, defining responsibilities, explaining procedures, answering questions and giving feedback. Always ensuring their development was fast but not hasty.
·Facilitated “no-fault” internal and external audits as a result of sound recordkeeping and thorough documentation.
·Questioned every cost to ensure that it was appropriately directed towards our organisation with sufficient proof that the vendor delivered. Among various other cost cutting achievements, in 2010 I managed to save the company £10,000 after uncovering a series of under-delivering alarm servicing contracts.
·Enhanced spread sheets used for internal recharge calculations categorising costs; and produced simple reports that would accompany the invoices reducing their approval time by the Chairman.
·Introduced detailed descriptions when posting invoices on the database and practised this firmly. This reduced dramatically the time spent when answering queries by vendors and Head of Departments improving my performance.