Accounts Payable Officer

Location: UK, Remote
Department: Finance

Who are Tide:

At Tide, we’re on a mission to save businesses time and money. We’re the leading provider of UK SME business accounts and one of the fastest-growing FinTechs in the UK. Using the latest tech, we design solutions with SMEs in mind and our member-driven financial platform is  transforming the business banking market. Not only do we offer our members business accounts and related banking services, but also a comprehensive set of highly connected admin tools for businesses. 

Tide is about doing what you love. We’re looking for someone to join us on our exciting scale up journey and be a part of something special. We are wanting passionate Tideans to drive innovation and help build a best-in-class platform to support our members. You will be comfortable in ambiguous situations and will be able to navigate the evolving FinTech environment. Imagine shaping how millions of Tide members discover and engage with business banking platforms and building this on a global scale. 

What we’re looking for:

As our Accounts Payable Assistant, you will be responsible for the Accounts Payable and Accounts Receivable function of the Tide UK entities. We are looking for someone who is highly organised, detail oriented, diligent, and has excellent time-management skills. We need a supportive team player who is also able to take the initiative, be proactive and work autonomously through much of their workload. Having worked in a similar role in the past, they will be a self-starter and able to hit the ground running.

The right candidate must have a real interest in Accounting but be willing to get stuck into anything and be confident working with people from right across the business.

It’s exciting times here at Tide, we are scaling and developing our product offering at a phenomenal rate and have made our first step into our ambitious plans towards international expansion with our move into the Indian SME marketplace. We need someone to be proactive, take initiative and build out best in class financial reporting processes and procedures. 

As a Accounts Payable Officer you’ll be:

  • Responsible for the accuracy and completeness of Accounts Payable and Accounts Receivable
  • Maintenance of the banking ledger in Xero, ensuring bank payments are reconciled to invoices and coded to the correct GL accounts
  • Reconcile bank accounts on a weekly basis  
  • Perform monthly bank reconciliations
  • Prepare weekly supplier payment runs, ensuring invoices have received all internal approvals, are coded correctly and are paid within our payment terms
  • Reconcile supplier accounts and ensure payables ledger is up to date on a weekly basis
  • Provide remittance advice
  • Raise sales invoices and reconcile the sales ledger
  • Assist in the maintenance of the Fixed Asset register including depreciation
  • Assist with Prepayments and Accruals postings
  • Assisting with month end reporting
  • Support the Treasury function on operational cash flow forecasting
  • Assisting with year end financial audit requirements
  • Maintaining complete and accurate records
  • Maintain our Finance Mailbox; reply to internal stakeholders and supplier emails 
  • Building out reconciliations and controls to strengthen the internal control framework
  • Identify opportunities to streamline and improve accounting processes, operations and systems
  • Adhoc support tasks as required

What makes you a great fit:

  • Minimum 2 years experience within Accounts Payable 
  • Must have a least 2 years working with banking ledger entries and bank reconciliations
  • Currently studying either towards the ACCA/CIMA qualification – passed professional stage
  • Excellent verbal and written communication skills
  • Must be proficient in Microsoft Excel and Word
  • You are confident dealing with senior stakeholders across the business and owning your work with minimal hands-on management
  • You have meticulous attention to detail
  • You have exceptional organisational skills
  • You are proactive and take the initiative
  • You are reliable and trustworthy
  • You are motivated by making a difference and getting things done
  • You would like to work in a fast-paced, scale up environment
  • Your are personable and able to build strong working relationships

What you’ll get in return:

  • Competitive salary 
  • Vitality Health Insurance, with a proactive focus on mental and physical wellbeing
  • Hundreds of perks and discounts through Vitality Health Insurance (fitness watches, Waitrose cashback, gym membership etc.)
  • 24/7 Employee Assistance Programme
  • 25 days holiday with the ability to buy extra days
  • We invest in your development with a £1,000 professional L&D budget per year and ability to access thousands of resources through the Learnerbly platform
  • Referral bonus when you bring your friends to join Tide 
  • Access to ‘salary sacrifice’ benefits such as Cycle to Work scheme and pension contribution
  • Spacious brand new office in Liverpool street with an all-day snacks bar
  • Enhanced family-friendly leave
  • 24 hours paid volunteering or L&D time off per year
  • Flexible work from home or at the office arrangements
  • Monthly team socials (we’ve had themed bingo, online cocktail making sessions, wellbeing challenges and themed virtual pub quizzes)

Tidean Ways of Working 

At Tide, we’re Member First and Data Driven, but above all, we’re One Team. Our Working Out of Office (WOO) policy allows you to work from anywhere in the world for up to 90 days a year. We are remote first, but when you do want to meet new people, collaborate with your team or simply hang out with your colleagues, our offices are always available and equipped to the highest standard. We offer flexible working hours and trust our employees to do their work well, at times that suit them and their team.

Tide is a place for everyone

At Tide, we believe that we can only succeed if we let our differences enrich our culture. Our Tideans come from a variety of backgrounds and experience levels. We consider everyone irrespective of their ethnicity, religion, sexual orientation, gender identity, family or parental status, national origin, veteran, neurodiversity status or disability status. We believe it’s what makes us awesome at solving problems! We are One Team and foster a transparent and inclusive environment, where everyone’s voice is heard.