Treasury and Accounts Payable Supervisor
Orbex Space
Accounting & Finance, People & HR, Operations
Forres IV36, UK
Posted on Sep 28, 2024
Orbex is looking for a Treasury & Accounts Payable Supervisor, you will have a range of treasury and AP responsibilities as well as leading a team of 2 in this innovative and high tech company.
Orbex
Orbex is a leading micro-launch company with our Prime vehicle being prepared to launch from our home spaceport, Space Hub Sutherland. We are well placed to be one of the first operational micro-launch companies in Europe with over €122m/£103m of project financing secured, a number of customers signed up, launch licence application submitted, and backing from organisations including UKSA and ESA.
We are a rapidly growing company with staff located between our production and test facilities in Forres, Scotland and Copenhagen, Denmark. Working on cutting edge advances in rocket fuel technology, Prime’s carbon footprint is up to 96% lower than comparable vehicles, leading to innovations in propulsion and tank structures. A state-of-the-art re-flight system means we can recover and reuse our technology, and innovations in separation mechanisms mean we leave no debris on orbit.
Having developed in-house production capability, we can 3D print complex engines, produce full-scale carbon composite fuel tanks, and have avionics and software testing labs in both Scotland and Denmark.
Based in Forres, you will be right in the heart of this fast-paced cutting-edge company, gaining a unique insight into what it takes to build a new launch vehicle for a buoyant commercial market.
The Position
As the Treasury & AP Supervisor you will play an important role in our Finance team which include overseeing invoice management, managing vendor relationships, ensuring timely payments, monitoring cash flow, maintaining accurate financial records, and implementing effective systems and processes. Reporting to the Financial Controller you will lead a team of 2 Accounts Payable Administrators and be responsible for their development. This role is based in Forres. Specific responsibilities include:
Profile
To be successful in this role you will most likely have:
Location – Forres
Our roles need to be on-site in Scotland due to the nature of the position, export controls and security. This role is based in Forres at Orbex’s headquarters.
Orbex Forres is located at the foot of the Scottish Highlands, near Inverness. It's close to the spectacular coastline, wild beaches, and amazing wildlife of the Moray Firth, as well as being a short distance from the world-famous Loch Ness, and Aviemore ski resort.
If you enjoy adventurous outdoor pursuits in extraordinary natural environments, the coast and highlands around Forres offer an ideal location.
Mountaineering, rock climbing, abseiling, hiking, mountain biking, cycling, camping, sailing, surfing, motorbiking, and skiing are all within easy reach of our main UK factory, and many members of our team participate in adventure sports in the vast, beautiful settings of Sutherland.
If you enjoy drone flying, wildlife or landscape photography, some of the most spectacular vistas in the world are directly at your doorstep.
Security
You must be a UK or European citizen or from a country that is a signatory to the MTCR convention. You may be required to undergo a UK BPSS check which includes a criminal record check.
Benefits – UK
Orbex
Orbex is a leading micro-launch company with our Prime vehicle being prepared to launch from our home spaceport, Space Hub Sutherland. We are well placed to be one of the first operational micro-launch companies in Europe with over €122m/£103m of project financing secured, a number of customers signed up, launch licence application submitted, and backing from organisations including UKSA and ESA.
We are a rapidly growing company with staff located between our production and test facilities in Forres, Scotland and Copenhagen, Denmark. Working on cutting edge advances in rocket fuel technology, Prime’s carbon footprint is up to 96% lower than comparable vehicles, leading to innovations in propulsion and tank structures. A state-of-the-art re-flight system means we can recover and reuse our technology, and innovations in separation mechanisms mean we leave no debris on orbit.
Having developed in-house production capability, we can 3D print complex engines, produce full-scale carbon composite fuel tanks, and have avionics and software testing labs in both Scotland and Denmark.
Based in Forres, you will be right in the heart of this fast-paced cutting-edge company, gaining a unique insight into what it takes to build a new launch vehicle for a buoyant commercial market.
The Position
As the Treasury & AP Supervisor you will play an important role in our Finance team which include overseeing invoice management, managing vendor relationships, ensuring timely payments, monitoring cash flow, maintaining accurate financial records, and implementing effective systems and processes. Reporting to the Financial Controller you will lead a team of 2 Accounts Payable Administrators and be responsible for their development. This role is based in Forres. Specific responsibilities include:
- Preparing the monthly bank reconciliations at month end
- Managing and preparing all bank administration including e.g. creating new users, security, dealing with queries both internally and from the Bank
- Company credit card (Pleo) administration e.g. creating new users and queries
- Treasury – monitoring the bank accounts to ensure that there are sufficient funds available for payments and payroll
- Preparing payment runs for suppliers and posting payments in the ERP system
- Supporting foreign currency purchases based on the supplier balances
- Managing intercompany funding
- Maintaining relationships with our bank, suppliers and colleagues
- Processing supplier invoices and credits and answering supplier and colleagues’ queries
- Processing intercompany recharges and occasional client invoices on ERP
- As the AP Supervisor, you will have 2 direct reports and will be responsible for their development and overseeing their work. This will include supporting them with environmental reporting responsibilities.
- Support the Financial Controller with the annual audit queries relating to AP and Bank transactions
Profile
To be successful in this role you will most likely have:
- AAT/ACCA part qualifications coupled with a good understanding of basic book-keeping entries
- Proven experience in an Accounts Payable (Purchase Ledger) management or supervisory role
- Proven Treasury experience
- Proven people management experience, including coaching and development,
- Excellent communication skills, both verbal and written, able to communicate, clearly and concisely, across all levels of the organisation in a clear and professional manner,
- Ability to influence key stakeholders across the business,
- Methodical and organised approach to work
- Able to effectively prioritise own workload and workload of the team to meet strict deadlines,
- Good working knowledge of Microsoft Office, in particular Excel
- Collaborative attitude, used to working as part of a team and cross functionally,
- Good problem solver, with a high attention to detail.
Location – Forres
Our roles need to be on-site in Scotland due to the nature of the position, export controls and security. This role is based in Forres at Orbex’s headquarters.
Orbex Forres is located at the foot of the Scottish Highlands, near Inverness. It's close to the spectacular coastline, wild beaches, and amazing wildlife of the Moray Firth, as well as being a short distance from the world-famous Loch Ness, and Aviemore ski resort.
If you enjoy adventurous outdoor pursuits in extraordinary natural environments, the coast and highlands around Forres offer an ideal location.
Mountaineering, rock climbing, abseiling, hiking, mountain biking, cycling, camping, sailing, surfing, motorbiking, and skiing are all within easy reach of our main UK factory, and many members of our team participate in adventure sports in the vast, beautiful settings of Sutherland.
If you enjoy drone flying, wildlife or landscape photography, some of the most spectacular vistas in the world are directly at your doorstep.
Security
You must be a UK or European citizen or from a country that is a signatory to the MTCR convention. You may be required to undergo a UK BPSS check which includes a criminal record check.
Benefits – UK
- Salary of £32-40k depending on experience
- Share Options in the company so you will really benefit from your hard work as the company grows and is successful
- 34 days paid holiday including bank and public holidays
- NEST workplace pension
- Cycle to Work scheme
- Employee Assistance Programme, including: mortgage advice, health and wellbeing apps.
- Group Life Insurance, x4 annual salary.
- Independent supporting services including: mortgage advice and health and wellbeing app