Accounts Payable Technician
Role Overview
Accounts Payable Technician role with Munich Re Specialty – Global Markets, based in Manchester.
The role is full time for a 12-month fixed-term contract and reports to the Accounts Payable & Receivable Manager.
The source identifies the work arrangement as hybrid.
Key Skills for This Role
Full Job Posting
Role details
Accounts Payable Technician role with Munich Re Specialty – Global Markets, based in Manchester.
The role is full time for a 12-month fixed-term contract and reports to the Accounts Payable & Receivable Manager.
The source identifies the work arrangement as hybrid.
Accounts payable and expenses
- Process purchase invoices under company policy, checking cost centre and general ledger coding using Coupa P2P.
- Prepare, process and record payment runs; respond to internal and supplier invoice and payment queries.
- Clear vendor balances and discrepancies.
- Review employee expense claims and high-risk receipts for compliance with company policy.
- Open and close employee corporate credit cards.
Reconciliations, reporting and controls
- Complete monthly and quarterly bank, control account, vendor and credit card reconciliations.
- Produce intercompany invoices and post them to the SAP ledger; ensure funds are received within payment terms.
- Clear customer balances and discrepancies, and reconcile intergroup balances.
- Keep internal control mandates current and obtain required signatures.
- Complete monthly and quarterly KPI schedules with analysis and commentary.
- Document accounts payable processes, including areas involving financial judgement, and pursue process improvements and stronger controls.
- Assist the team with other tasks and support ad hoc projects for the Senior FP&A Accountant.
- Help promote good conduct and outcomes for customers and policyholders.
Knowledge and skills
- Knowledge of banking portals and double-entry bookkeeping.
- Intermediate Excel skills.
- Ability to work in a fast-paced environment, communicate well, and pay attention to detail.
- Ability to work independently and as part of a team.
About Munich Re
Munich Re provides reinsurance, primary insurance and insurance-related risk solutions.
The role sits within Munich Re Specialty Group, which focuses on Primary Specialty Insurance.
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