Accounts Payable Analyst

We have an exciting opportunity for an Accounts Payable Analyst within Group Accounts Payable. You will report into the Senior Accounts Payable Analyst Supervisor.

Beazley is a flexible and innovative employer offering a friendly, collaborative, diverse and inclusive work environment. We encourage applications from all backgrounds.

We have adopted a smart working approach and that means that our people benefit from our flexible ways of working - whether that is in one of our offices designed for 'activity-based working,' our flexible dress code or where and when we choose to work.

Job Title: Accounts Payable Analyst

Division: Finance - Accounting Operations

Reports To: Senior Accounts Payable Analyst Supervisor

Key Relationships: Internal: Group Accounts Payable, Accounting Operations, Procurement, Risk Management, Financial Controls, Global Expense and Reporting teams, Global Tax, and Finance Business Partners.

External: Third Party Suppliers, Auditors

Job Summary: Provide strong analytical and problem-solving skills to ensure accurate and timely processing of Group AP daily functions while providing a high level of customer service and collaboration with internal and external stakeholders. The ideal candidate is highly organized, detail-oriented, and able to balance policy enforcement with stakeholder support. This position plays a key role in driving continuous improvement, maintaining financial controls, and collaborating across departments to enhance the efficiency and effectiveness of Accounts Payable and expense management processes.

Key responsibilities:

Process Supplier Payments:

• Analyse and process high volume of supplier invoice submissions across separate Beazley entities within Workday ERP system.
• Complete weekly payments runs across separate entities for supplier payments.

Supplier Masterfile Maintenance:

• Update Supplier Masterfile in Workday, ensuring all suppliers details are valid, current, and correct for timely payment processing.

Manage internal and external stakeholder relationships:

• Adhere to Accounts Payable SLAs to provide exceptional level of customer service to all internal (employees) and external stakeholders (suppliers, 3rd party service providers).
• Manage various Accounts Payable inboxes to address and resolve queries effectively and timely.

Financial Controls

• Continuous maintenance and review of process documentation for all AP functions and ensure consistency across all documented processes

• Collaborate with Financial Controls to implement and maintain controls to prevent fraud, misuse, and policy violations.

• Support the quality and timeliness of internal control requirements associated with Accounts Payable
• Assist in the development of Key Risk Indicators (KRIs)
• Promote continuous improvement culture and maintain and improve standardisation of tasks and processes

Accounting and Reporting

• Manage KPI reporting on supplier invoices and payments to support Accounting Operations with visibility into key processes and opportunities for improvement.

• Assist in the implementation and adherence of accounting policies, and procedures that support efficiencies
• Support Global Expense team and Business Partners DCR reporting relating to actuals versus budgets

• Complete monthly reconciliations of Trade Creditors accounts.

Projects/Audit/Ad Hoc:

• Support Sr AP Analyst Supervisors and Group AP Manager as necessary on activities across all areas within Accounting Operations
• Assist with both external and internal audits and provide timely and thorough documentation

• Use business knowledge and understanding of accounts payable processes to identify and propose improvements and enhancements for automated and streamlined processes.
• Participate in implementation of new functionality as required.

Personal Specification:

Education and Qualifications

• General accounting knowledge
• Educated to degree level

Essential Criteria

• Experience working in Accounts Payable, Procure to Pay and/or financial accounting role
• Experience working within the Financial Services Industry (desired but not mandatory)
• Excellent written and verbal communication skills
• Excellent numeric and analytical skills
• Good understanding of Finance systems, processes, and accounting principles
• Intermediate/Advanced working knowledge of Microsoft Office including Excel, Word, PowerBI and PowerPoint

• Experience working with Workday ERP system (desired)

• Self-motivated, able to work on own initiative and use problem solving skills to proactively resolve issues
• Effective prioritisation and organisational skills.

Aptitude and Disposition

• Ability to thrive in a fast-paced environment, tight timeframes and deadlines
• Ability to thrive in a global organization
• Ability to learn new systems quickly
• Ability to work as part of a team and under own initiative
• Adaptable to change and evolving circumstances
• High integrity
• Positive
• Customer focused
• Critical Thinking
• Emphasis on Quality & attention to detail

Competencies

Business awareness, performance, and delivery; Strong financial analysis; Planning; Documenting; Purposeful written and verbal communication; Technical competence/expertise; Managing talent; Embracing diversity; Relationship management; Corporate governance and compliance.

Who We Are:

Beazley is a specialist insurance company with over 30 years' experience helping people, communities and businesses to manage risk all around the world. Our mission is to inspire our clients and people with the confidence and freedom to explore, create and build - to enable businesses to thrive. Our clients want to live and work freely and fully, knowing they are benefitting from the most advanced thinking in the insurance market. Our goal is to become the highest performing sustainable specialist insurer.

Our products are wide ranging, from cyber & tech insurance to marine, healthcare, financial institutions and contingency; covering risks such as the weather, film production or protection from deadly weapons.

Our Culture

We have a wonderful mix of cultures, experiences, and backgrounds at Beazley with over 2,000 of us working around the world. Employee's diversity, experience and passion allow us to keep innovating and moving forward, delivering the best. We are proud of our family-feel culture at Beazley that empowers our staff to work from when and where they want, in an adult environment that is big on collaboration, diversity of thought and personal accountability. Our three core values inspire the way we work and how we treat our people and customers.

• Be bold
• Strive for better
• Do the right thing

Upholding these values every day has enabled us to become an innovative and responsive organization in touch with the changing world around us - our ambitious inclusion & diversity and sustainability targets are testament to this.

We are a flexible and innovative employer offering a friendly, collaborative, and inclusive working environment. We actively encourage and expect applications from all backgrounds. Our commitment to fostering a supportive and dynamic workplace ensures that every employee can thrive and contribute to our collective success.

Explore a variety of networks to assist with professional and/or personal development. Our Employee Networks include:

• Beazley RACE - Including, understanding and celebrating People of Colour
• Beazley SHE - Successful, High potential, Empowered women in insurance
• Beazley Proud - Our global LGBTQ+ community
• Beazley Wellbeing - Supporting employees with their mental wellbeing
• Beazley Families - Supporting families and parents-to-be

We encourage internal career progression at Beazley, giving you all the tools you need to drive your own career here, such as:

• Internal Pathways (helping you grow into an underwriting role)
• iLearn (our own learning & development platform)
• LinkedIn Learning
• Mentorship program
• External qualification sponsorship
• Continuing education and tuition reimbursement
• Secondment assignments

The Rewards

• The opportunity to connect and build long-lasting professional relationships while advancing your career with a growing, dynamic organization
• Attractive base compensation and discretionary performance related bonus
• Competitively priced medical, dental and vision insurance
• Company paid life, and short- and long-term disability insurance
• 401(k) plan with 5% company match and immediate vesting
• 22 days PTO (prorated for 1st calendar year of employment), 11 paid holidays per year, with the ability to flex the religious bank holidays to suit your religious beliefs
• Up to $700 reimbursement for home office setup
• Free in-office lunch, travel reimbursement for travel to office, and monthly lifestyle allowance
• Up to 26 weeks of fully paid parental leave
• Up to 2.5 days paid annually for volunteering at a charity of your choice
• Flexible working policy, trusting our employees to do what works best for them and their teams

Salary for this role will be tailored to the successful individual's location and experience. The expected compensation range for this position is $60,000-$65,000 per year plus discretionary annual bonus.

Don't meet all the requirements? At Beazley we're committed to building a diverse, inclusive, and authentic workplace. If you're excited about this role but your experience doesn't perfectly align with every requirement and qualification in the job specification, we encourage you to apply anyway. You might just be the right candidate for this, or one of our other roles.