Euro car parts Ltd

Accounts Payable Manager

Tamworth, Staffordshire
Up to £40000
01 Aug 2017
30 Aug 2017
Qualification Level
Fully qualified
Professional Membership
Seniority Level
Contract Type
Full time, Permanent

Company Overview

Euro Car Parts is part of the LKQ Corporation, a Fortune 500 company and market leader in collision repair and recycled parts in North America and Europe, with an annualized turnover exceeding $5 billion worldwide and more than 20,000 employees across 7 countries.

Euro Car Parts is the fastest growing, largest automotive aftermarket specialist in the UK, with over 8,000 employees in over 200 branches nationwide.

Continued phenomenal growth in both the UK and Europe and the pursuit of £1bn turnover, it is the passion, high energy, tenacity and a “will to win” that are the driving force behind the astounding, yet consistent growth. 

Role Summary - 

The Euro Car Parts Purchase Ledger team is responsible for all accounting processes in respect to purchases and supplier invoices, for ensuring invoices and credits are appropriately approved, resolving supplier queries and ensuring supplier payments are made on time. The team is involved in ongoing ad-hoc projects relating to Purchase Ledger processes/practices and the ERP System to assist in the continuous improvement of Euro Car Parts
The purpose of this role is to manage the AP team, ensuring all related processes and controls are operating effectively, supporting business projects which impact supplier invoicing and payments, and driving process improvements within the team.

Key responsibilities

  • Manage all aspects of purchase ledger/accounts payable processes, including: supplier invoice processing, verification of invoices to GRNs, supplier statement reconciliations, supplier payments, warranty claims
  • Drive productivity and continuously improve the performance of the function through KPI’s/reporting with aligned desired behaviours (2 supervisors and a team of 6 administrators plus our offshore team LKQI)
  • Coach, train, develop, encourage and motivate the team through daily morning huddles, team meetings and monthly 121’s
  • Own the relationship with our off shore team LKQ India for purchase ledger activities, ensuring processes are in place to monitor performance and resolve issues impacting productivity and accuracy
  • Continuously identify and implement improvements to AP processes, including: maximising the use of EDI invoicing, OCR and auto-match processes
  • Root cause analysis and resolution of queries
  • Ensure documentation is in place for all processes, maintained and kept up to date with business changes
  • Develop and produce daily, weekly and monthly reporting covering the KPIs in connection with team performance and the AP ledger
  • Work closely with other functions to ensure the smooth functioning of the end to end purchase to pay process, influencing change in other functions where required
  • Support internal and external audit processes
  • Ensure full adherence to the internal control framework for the controls within the Accounts Payable as a key control owner
  • Support the implementation of new technologies and/or system changes

Key stakeholders

  • Treasury/Cash & Bank team
  • Management Accounts
  • Purchasing department
  • External suppliers
  • Internal approvers
  • Branch and operational services manager
  • Business improvement
  • Compliance & Change Manager

The candidate

  • AAT or equivalent qualifications
  • A minimum of 5 years’ purchase ledger experience, ideally in a high volume environment
  • Proven track record of query root cause analysis and resolution
  • Able to confidently communicate with clarity, engage and influence business and stakeholders at all levels to achieve the right action to either maximise performance and/or mitigate risks
  • Strong administration skills and ability to systematically organise
  • Good working knowledge and experience of Excel
  • Strong experience in accounting processes, risks and controls
  • Accomplished Manager with experience of pro-actively managing and developing a small team, effective and collaborative in your people management
  • A strong leader who can lead the performance of their department through KPI’s/targets
  • Excellent attention to detail
  • Hard working and committed attitude
  • Quick learner, is adaptable to, and embraces change
  • Self-motivated and a natural proactive approach
  • Time management skills with the ability to work under pressure and to tight deadlines
  • Instil a responsive ‘right first time’ approach
  • Demonstrable experience of supporting new technologies and/or system changes
  • A track record in delivering process improvements