Senior Purchase Ledger Specialist

About the role

As a Senior Purchase Ledger Specialist at Lanes Group, you will play a pivotal role in managing and overseeing the purchase ledger function within our finance team. This position is ideal for an experienced professional who is detail-oriented and possesses a strong understanding of accounting principles. You will be responsible for ensuring the accuracy and efficiency of the purchase ledger process, contributing to the overall financial health of the organization. Your expertise will help streamline operations and improve financial reporting, making you an integral part of our finance department.

Key facts

What you'll do

• Manage the end-to-end purchase ledger process, ensuring timely and accurate processing of invoices and payments.
• Reconcile supplier statements and resolve discrepancies to maintain accurate records.
• Collaborate with various departments to ensure that all purchase orders are correctly matched with invoices.
• Assist in the preparation of monthly financial reports, providing insights into expenditure and cash flow.
• Maintain and update supplier records, ensuring compliance with company policies and procedures.
• Support the month-end closing process by ensuring all purchase ledger transactions are recorded accurately.
• Identify opportunities for process improvements and implement changes to enhance efficiency within the purchase ledger function.
• Liaise with suppliers and internal stakeholders to address queries and resolve issues promptly.
• Train and mentor junior team members, fostering a collaborative and supportive work environment.
• Ensure adherence to financial regulations and internal controls, minimizing risk and promoting best practices.
• Participate in audits and provide necessary documentation and explanations as required.
• Stay updated on industry trends and changes in regulations that may impact the purchase ledger function.

Requirements

• A minimum of 3 years of experience in a purchase ledger or accounts payable role, preferably within a fast-paced environment.
• Strong understanding of accounting principles and practices, with a focus on purchase ledger management.
• Proficiency in accounting software and Microsoft Excel; experience with ERP systems is a plus.
• Excellent attention to detail and accuracy in data entry and financial reporting.
• Strong analytical and problem-solving skills, with the ability to identify discrepancies and implement solutions.
• Effective communication skills, both written and verbal, to liaise with suppliers and internal teams.
• Ability to work independently and manage multiple tasks in a deadline-driven environment.
• AAT qualification or equivalent is desirable but not mandatory.
• Familiarity with financial regulations and compliance standards relevant to purchase ledger operations.

Nice to have

• Experience in the construction or infrastructure sector, providing insight into industry-specific purchase ledger practices.
• Knowledge of automated invoicing and payment systems to enhance operational efficiency.
• Previous experience in a supervisory or team lead role, demonstrating leadership capabilities.
• Familiarity with data analysis tools to assist in financial reporting and decision-making.

Skills & tools

• Proficient in accounting software (e.g., Sage, QuickBooks, or similar)
• Advanced Microsoft Excel skills, including pivot tables and VLOOKUP functions
• Strong organizational and time management skills
• Excellent interpersonal skills for effective collaboration with team members and suppliers
• Ability to adapt to new technologies and software as needed

Practical notes

• This position is based in Leeds, West Yorkshire, and is a full-time role.
• The salary for this position will be competitive and commensurate with experience.
• Lanes Group is committed to supporting its employees and may offer opportunities for professional development and training.
• Visa sponsorship may be available for the right candidate, depending on eligibility and qualifications.

If you are an experienced purchase ledger professional looking to take the next step in your career, we encourage you to apply for the Senior Purchase Ledger Specialist position at Lanes Group. Join our dynamic team and contribute to the financial success of our organization while enjoying a supportive and collaborative work environment.