Accounts Payable Manager

Role OVO-View

Team: P2P, Commercial Supplier Management - Finance

Salary banding:  £43,000 - £49,000

Experience: Expert

Working pattern: Full-Time

Reporting to: Head of Commercial Supplier Management (Technology, Business Services & P2P)

Sponsorship: Unfortunately we are unable to offer sponsorship for this role.

This role in 3 words: Analytical, Compliance, Process-Improvement

Top 3 qualities for this role: Technical-Proficiency, Problem-Solving, Leadership

In the words of the team, you should leave your current role for this one because….

“OVO is such a great place to work! Fabulous people and great hubs across the country that drive collaboration and team working. The culture truly puts its people at the heart of everything we do. It’s a fantastic opportunity to be part of a new S2P platform transformation and continue to progress the AP team agenda. You can also make a massive impact on OVO’s path to Plan Zero by supporting our sustainability agenda and getting involved in purpose led initiatives. I really feel that our work adds value, makes a difference and contributes to our overall mission.”

Where you’ll work:

At OVO, we understand that a one size fits all approach doesn’t work for everyone. That’s why we created the OVO Way of Flexibility.

All our roles are hub based (Bristol, Glasgow or London), providing a dedicated space for collaboration, connection and teamwork. You’ll also have the flexibility to work from home.

Everyone belongs at OVO

At OVO, we are on a mission to solve one of humanity's biggest challenges, the climate crisis. And we know it takes all of us to change the world. That's why we need diverse people from all abilities, gender identities, ethnicities, ages, sexual orientations, life experiences and backgrounds to join us.

This role in a nutshell:

Reporting to the Head of Commercial Supplier Management, you will be working as part of the centralised supplier management team.  The AP manager is responsible for the group’s AP function and team, covering at its core, invoice processing and timely payments but also all first line Finance queries both internal and external.

This role revolves around bringing experience and knowledge of how AP fits into the wider P2P journey to optimise the AP team’s performance and cross collaboration with the wider P2P function and wider Finance team to serve the best possible outcomes for  the business.

The role also covers, ensuring the health and reliability in our information in our balance sheet reconciliations, cash prepayments ledger and minimising risk of errors, misstatements and unclaimed credits.

Maximising the use of AP automation with a brand new S2P platform, currently in transition. Enable the function to become lean and efficient, reporting on key metrics to the Head of CSM and delivering projects and improvements to make the AP function run in as efficiently as possible.

Your key outcomes will be:

• Reporting on AP KPIs and investigating variances
• Co-ordinating the AP integration testing of new entities
• Planning and delivering continuous improvement projects
• Collaborating with the Treasury team to work efficiently in paying suppliers, managing cash low points and suspense accounts
• Driving the best possible cost efficiency in terms of price per invoice
• Developing cost effect ways to process self billed invoices in a controlled and low maintenance method
• Building tighter controls to the AP and wider P2P function
• Building, monitoring and reporting on effective KPIs for the cross functional internal and external Finance service desks (JIRA)
• Ensuring tax compliance and accuracy at the point of invoice processing and ensuring the team has appropriate training and documentation
• Working with the Centralise Buying Team to support the buyer and spend approver communities
• Internal and external audit queries
• Managing a team 5 colleagues
• Developing training sessions and reviewing process notes
• Holding AP team on sites and planning sessions to identify areas for improvement, ideas and solutions from the team
• Holding regular 121s, supporting team development and objective setting

You’ll be a successful Accounts Payable Team Leader here at OVO if you…

• Expert knowledge in Accounts Payable function, transactional finance and processes
• Thorough approach to work with great interpersonal and collaboration skills
• Comfortable working in a rapidly changing environment, proposing, justifying and implementing change
• You should be diligent with a preference for attention to detail, and be willing to dig and investigate at depth to resolve problems. 
• Excellent stakeholder management skills engaging with various teams and senior leaders
• You should also be team-oriented with a demonstrated track record in coaching.
• Desirable but not essential - accountancy qualification or working towards (AAT, ACCA, CIMA)

Let’s talk about what’s in it for you

We’ll pay you between £43,000 and £49,000, depending on your specific skills and experience. If your expectations are a little different, have a chat with us!

We keep our pay ranges broad on purpose to give us, and you, flexibility to match your experience to our zero carbon mission.

You’ll be eligible for an on-target bonus of 15%. We have one OVO bonus plan that focuses on the collective performance of our people to deliver our Plan Zero goal. 

We also offer plenty of green benefits and progressive policies to help you feel like you belong at OVO…and there’s flex pay.  It’s an extra 9% of your salary on top of your core pay to use as you like. You can take it as cash, add to your pension, or choose to spend it on a huge range of flex benefits.

Here’s a taster of what’s on offer: 

For starters, you’ll get 34 days of holiday (including bank holidays).

For your health
With benefits like a healthcare cash plan or private medical insurance depending on your career level, critical illness cover, life assurance, health assessments, and more

For your wellbeing
With gym membership, gadget, travel and cyber insurance, workplace ISA, will writing services, DNA testing, dental insurance, and more

For your lifestyle
With extra holiday buying, discount dining, culture cards, tech loans, and supporting your favourite charities with give-as-you-earn donations

For your home 
Get up to £400 off any OVO Energy plan (when you pay by Direct Debit), plus personal carbon offsetting and great discounts on smart thermostats and EV chargers

For your commute
Nab a great deal on ultra-low emission car leasing, plus our cycle to work scheme and public transport season ticket loans

Want to hear about our full range of flexible benefits and progressive people policies? Our People Team can tell you everything you need to know.

For your Belonging

To find better ways to support our people, we need to listen to each other’s experiences and find ways to build a truly inclusive and diverse workplace. As part of this, we have 8 Belonging Networks at OVO. Led by our people, for our people - so when you join OVO, you can play a part - big or small - with any of the Networks. It's up to you.

Oh, and one last thing...

We’d be thrilled if you tick off all our boxes yet we also believe it’s just as important we tick off all of yours. And if you think you have most of what we’re looking for but not every single thing, go ahead and hit apply. We’d still love to hear from you! If you have any additional requirements, there’s a space to let us know on the application form; we want to make the process as easy and comfortable for you as possible..