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Accounts Payable Administrator

Role Summary

  • Responsibilities: As an Accounts Payable Administrator focusing on the company’s purchase ledger, you will utilise your existing experience to play a key role in delivering a wide range of financial tasks, quickly taking on significant responsibility across the Finance function
  • Salary: Up to £29,000 per annum, depending on your experience
  • Benefits: Discretionary profit share bonuses paid twice per year, hybrid and flexible working options, generous holiday allowance, private medical insurance, critical illness cover, income protection, full funding for external training, and more
  • Role Type: Full-time, permanent
  • Start Date: We are currently recruiting for start dates throughout 2025, including June and July, and you will be asked to state your availability on your application form
  • Application Deadlines: Whilst there are no set application deadlines, we strongly recommend applying as early as possible. The role will close when a suitable candidate is found
  • Location: This role is available in our Global Headquarters in Cambridge

About the Role

As an Accounts Payable Administrator at Costello Medical, you will be responsible for the effective processing of our purchase ledger within the Finance team, as well as playing a key part in the development of our financial processes, allowing for real autonomy in the role. You will also have the opportunity to take on additional responsibilities across the Finance function, enabling you to take initiative and proactively shape the role as it evolves.

Key responsibilities will include:

  • Processing supplier invoices and credit card transactions
  • Processing internal and recharged expenses
  • Bookkeeping across all group companies using AIQ, Rapport3, and Concur
  • Advising our scientific teams on expenses
  • Investigating and resolving supplier queries
  • Innovating and suggesting improvements across financial and administrative systems
  • Assisting with tasks in other areas of finance, such as sales ledger and reporting
  • Projecting a positive image of the Finance team and actively seeking to reduce the administrative burden placed on others

You will receive comprehensive one-to-one training from experienced members of the team, learning about the technical aspects of the role and effective project management.

Hybrid Working Policy: We believe that having face-to-face time in the office holds many benefits and is central to ensuring that the community we have created, where people have a workplace they belong to and feel part of, is never lost. At the same time, we recognise that homeworking can improve work life balance, reduce commuting times and costs, and provide the opportunity to juggle personal commitments.

Therefore, we offer flexible working arrangements that allow our colleagues who have passed probation to work from home up to half their time, measured across a 2-week rolling period. During your probationary period (normally the first 6 months of the role), you will be able to work from home 1 day per week.

Career Profile

We offer many opportunities for personal and professional development at Costello Medical. Please click below to read first-hand accounts from our colleagues about their time with the company: https://www.costellomedical.com/careers/working-at-costello-medical/

About Costello Medical

Costello Medical is a rapidly growing global healthcare agency specialising in medical communications, market access and health economic and outcomes research. We work with a wide range of clients, including the industry’s most successful pharmaceutical and medical technology companies, patient and public health bodies and charitable organisations. We have been listed in the Top 100 Best Companies to Work For list since 2017, and were proud to receive B Corporation accreditation in 2022. Please click here to learn more about us, our work, and our mission: https://www.costellomedical.com/

About You

We are seeking an enthusiastic and ambitious candidate who is eager to embrace new challenges and excel in providing outstanding support to our Finance team. You will enjoy developing, improving, and taking ownership of internal purchase ledger processes as the company continues to grow. You will also enjoy working in a fast-paced environment, learning all aspects of our internal systems, and proactively facilitating improvements across our financial functions.

Essential requirements for the role are:

  • A minimum of two years’ experience working in a Finance-related role
  • Experience working directly within purchase ledger
  • Excellent numerical skills
  • Strong communication skills, both written and verbal, alongside an ability to build robust and sustainable working relationships
  • Exceptional organisational skills and an ability to apply meticulous attention to detail
  • The ability to plan and prioritise your own time, manage and meet competing deadlines, and coordinate effectively with others
  • An interest in, and aptitude for, mastering unfamiliar systems and company processes
  • Experience using Microsoft Office applications, specifically the VLOOKUP and pivot table functions in Excel

Desired requirements for the role are:

  • Recent and relevant experience in a similar accounts payable role
  • Practical experience using the Rapport3, Concur, and AccountsIQ applications, as well as an understanding of other financial systems
  • Completed, or working towards the completion of, an AAT Level 3 or Level 4 qualification

What We Offer

Alongside our award-winning company culture, where every team member is celebrated, respected, and has their voice heard, we are proud to offer a comprehensive benefits package that includes:

  • A starting salary of up to £29,000 per annum, depending on your experience, as well as a discretionary profit share bonus paid twice per year
  • 25 days’ annual leave plus bank and public holidays, as well as a holiday buy and sell scheme
  • Flexible working hours and the chance to work from home for up to half of your working time after passing probation
  • A flexible benefits scheme offering cash payments, additional pension contributions, and more
  • Private Medical Insurance which offers comprehensive cover on a “medical history disregard” basis
  • Paid study leave and funding for external qualifications
  • Critical Illness Cover, Income Protection, and Life Assurance
  • Paid and unpaid sabbaticals based on length of service

Please click here to learn about our full reward package and the other benefits of working for Costello Medical: https://www.costellomedical.com/careers/benefits-package-in-the-uk/

The Application Process

You are required to submit your CV and a cover letter via our online application form. In your cover letter, you must explain why you think you would be suited to the role and why you would like to join Costello Medical, with examples to support both.

Our recruitment process then begins with a telephone interview conducted by a member of the Talent Acquisition team. Following this, you will be sent an assessment to complete in your own time. If successful, you will be invited to an interview with senior members of our Finance team. Our standard recruitment process lasts around 3 weeks, however this can be adapted if necessary.

As an equal opportunity employer, we are committed to fostering a diverse and inclusive workforce and, throughout the recruitment process, there are a number of reasonable adjustments we can provide. Please click here to learn more.

Please note that whilst we embrace AI to innovate and improve processes, your role may involve confidential data that cannot be uploaded to AI. Therefore, it is important for us to assess your own skills and abilities, so we recommend that you do not rely solely on this technology to generate any application materials.

Visa Sponsorship

Please note that this role does not meet the eligibility criteria for visa sponsorship, and you will therefore need the right to work in the UK independently from the company.

What You Should Know About Accounts Payable Administrator, Costello Medical

Welcome to Costello Medical, where we are on the lookout for a passionate Accounts Payable Administrator to join our dynamic Finance team. In this full-time, permanent role, you'll play a crucial part in processing our purchase ledger, helping to ensure that our financial operations run smoothly. With a competitive salary of up to £29,000 per annum based on your experience, we also offer an array of fantastic benefits, including discretionary profit share bonuses and flexible working arrangements. You'll be immersed in a collaborative environment, where you'll process supplier invoices, manage expenses, and resolve queries, all while enhancing financial processes and systems. Our comprehensive training will support you as you master essential tools like Rapport3 and Concur. We pride ourselves on fostering a culture where each team member's contribution is valued, and your ability to innovate and suggest improvements will be well-received. If you’re excited about tackling new challenges and making a real impact in the finance sector, Costello Medical is the place for you. Join us in shaping the future of medical communications and be part of a company that's consistently recognized as one of the best places to work!

Frequently Asked Questions (FAQs) for Accounts Payable Administrator Role at Costello Medical
What are the key responsibilities of the Accounts Payable Administrator at Costello Medical?

As an Accounts Payable Administrator at Costello Medical, your essential duties will involve processing supplier invoices, managing credit card transactions, and handling internal expense claims. You'll also be responsible for resolving supplier queries, bookkeeping using systems like AIQ and Rapport3, and offering guidance to our scientific teams on expenditure. Your proactive approach will help streamline financial processes, making your role pivotal to the efficiency of the Finance team.

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What qualifications are required for the Accounts Payable Administrator role at Costello Medical?

For the Accounts Payable Administrator position at Costello Medical, you should have a minimum of two years' experience in a finance-related role, especially working within purchase ledger. Strong numerical and communication skills are essential, along with the ability to prioritize tasks and maintain attention to detail. Knowledge of Microsoft Office applications, particularly Excel with VLOOKUP and pivot tables, is an important requirement. An AAT Level 3 or Level 4 qualification is desirable but not essential.

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What career development opportunities does Costello Medical offer to Accounts Payable Administrators?

Costello Medical is dedicated to your professional growth as an Accounts Payable Administrator. You’ll receive one-on-one training from experienced team members and have access to funding for external training and qualifications. With a focus on nurturing talent, we encourage you to take ownership of your role and actively participate in improving financial processes, aiding your career advancement within the company.

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Is it possible to work remotely as an Accounts Payable Administrator with Costello Medical?

Yes, as an Accounts Payable Administrator at Costello Medical, you will enjoy a hybrid working policy. Once you pass your probation period, you can work from home up to half of your time, which allows for a better work-life balance while still enjoying face-to-face interactions in the office. This flexible arrangement enables you to manage personal commitments effectively.

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What is the application process for the Accounts Payable Administrator position at Costello Medical?

The application process for the Accounts Payable Administrator role at Costello Medical involves submitting your CV and a cover letter. In your cover letter, outline your qualifications for the role and your reasons for wanting to join our team. Following your application, you'll undergo a telephone interview, complete an assessment, and then potentially interview with senior Finance team members. Our typical recruitment process lasts around three weeks.

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Common Interview Questions for Accounts Payable Administrator
Can you describe your experience with processing invoices in an accounts payable role?

In responding to this question, you should outline your previous roles and detail specific tasks involved in processing invoices. Highlight any software you’ve used, your accuracy in maintaining records, and how you resolved discrepancies. Provide concrete examples that exhibit your skills, your attention to detail, and your ability to meet deadlines.

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How do you prioritize tasks in a busy finance environment?

When answering this question, emphasize your organizational skills. Discuss how you identify urgent tasks using a system or method that works for you, such as a to-do list or a digital management tool. Mention the importance of remaining flexible and adapting to changes in workload while maintaining efficiency in processing invoices and payments.

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What steps would you take to resolve a supplier query?

To effectively answer this question, describe a systematic approach: first, gather all pertinent information related to the query, check internal records, and then communicate with the supplier for additional context if necessary. Emphasize the importance of maintaining professional relationships and ensuring clear communication throughout the resolution process.

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What financial software systems have you used in previous roles?

Detail your experience with financial software systems like AccountsIQ, Rapport3, and Concur. You can explain how proficiently you used these tools for invoice processing, bookkeeping, and tracking expenses. Providing specific instances of how you utilized these tools to improve efficiency will strengthen your response.

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How do you ensure accuracy while performing bookkeeping tasks?

To answer effectively, discuss your strategies for ensuring accuracy, such as double-checking entries, using automated features within software, and preparing reconciliations. Highlight any experiences where your attention to detail led to successful outcomes or where you provided insights that improved accuracy.

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Can you give an example of how you improved a financial process in your last position?

Share a specific example of a time you identified a bottleneck or inefficiency in a process and the steps you took to enhance it. Include the tools and strategies you implemented and discuss the positive outcomes of your actions, such as reduced processing time or better accuracy.

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How do you handle high-pressure situations and tight deadlines?

In your response, talk about your ability to remain calm and focused. Describe techniques you employ to manage stress, such as prioritizing tasks, taking breaks, and seeking help when needed. Share how maintaining good communication with the team during these times can help alleviate pressure and ensure goals are met.

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What do you think is the role of communication in accounts payable?

Discuss how effective communication is crucial in accounts payable for resolving issues, collaborating with internal departments, and interfacing with suppliers. Emphasize your ability to convey information clearly and how establishing good relationships can streamline account processes and maintain smooth operations.

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Why do you want to work for Costello Medical as an Accounts Payable Administrator?

When answering, express enthusiasm about Costello Medical's mission, culture, and growth opportunities. Highlight specific aspects of the company that resonate with you—such as their commitment to personal development or their recognition in industry rankings—and connect these with your career aspirations and values.

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How do you approach learning new financial systems or software?

When addressing this question, emphasize your eagerness to learn and adapt. Discuss your method for quickly mastering new systems—perhaps by seeking training resources, practicing hands-on, or collaborating with colleagues who are proficient. Share any previous experiences where you successfully learned a new application and how it benefited your work.

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DATE POSTED
April 6, 2025

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