Morgan Spencer Recruitment
Accounts Payable Investment London City

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Accounts Payable Specialist (Financial Services) London City 12-Month Maternity Cover
50K/55K
An international Investment Bank based in the City of London is seeking an experienced Accounts Payable Specialist to join their Finance team on a 12-month maternity cover contract. This is an excellent opportunity for a finance professional with strong Financial Services experience to take ownership of the Accounts Payable function within a fast-paced, regulated environment.
The Role
Working closely with Finance, Treasury and Operations teams, you will be responsible for the end-to-end Accounts Payable process across multiple entities, ensuring accuracy, compliance and efficiency at every stage. The organisation utilises NetSuite, so previous experience with the system is highly desirable.
Key Responsibilities
- Managing the full Accounts Payable lifecycle, including invoice processing, coding, approvals and posting.
- Preparing and overseeing weekly and monthly payment runs.
- Maintaining supplier records and managing vendor relationships.
- Performing AP-related bank reconciliations and investigating discrepancies.
- Managing employee expenses and corporate card transactions.
- Supporting VAT reporting and ensuring appropriate tax treatment.
- Producing AP ageing reports and KPI dashboards.
- Assisting with month-end close activities, including accruals and prepayments.
- Preparing audit documentation and supporting internal controls.
- Working collaboratively with Procurement, Treasury and Operations to improve processes and supplier experience.
Reasons to use Rodeo
I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?
Honest answer — it depends on where you want to end up. A lot of top grad schemes (Big 4, civil service, banking) don’t need a masters. Let’s look at the ones you’d be competitive for now, and we can decide if a masters actually adds anything.
Also worth knowing: most autumn 2026 applications are open now. Timing matters more than you think.
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Grad scheme, placement, apprenticeship? Not sure what you want yet — that's fine. Your agent talks it through with you and turns "I have no idea" into a shortlist.
Graduate Consultant — 2026 Scheme
Why you're a good match
StrongYour economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.
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Every day your agent scans the market matching roles against what actually matters to you, not just keywords on a CV.
Why you're a good match
You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.
Experience fit
Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.
Only hits
No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.
We are looking for candidates who can demonstrate:
- Previous Accounts Payable experience within Banking, Investment Banking or Financial Services
- Strong knowledge of NetSuite including supplier, invoice and payment processing
- Experience working within a multi-entity environment
- Understanding of VAT, accruals, prepayments and AP controls
- Strong Excel skills including Pivot Tables and XLOOKUP/VLOOKUP
- Excellent attention to detail and ability to meet tight deadlines
- Confident communication skills with both internal stakeholders and external suppliers.


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What's On Offer?
- Opportunity to join a prestigious Investment Banking environment in the City of London.
- Broad exposure across finance operations and stakeholder groups.
- Hybrid working arrangement.
- Collaborative and professional culture.
- Competitive salary and benefits package.
If you have a strong Accounts Payable background within Financial Services and are looking for your next contract opportunity, we'd love to hear from you.
Apply today or contact us for a confidential discussion.
Equality & Inclusion
Morgan Spencer is committed to equality, diversity and inclusion. We welcome applications from all suitably qualified candidates regardless of background, identity or circumstance.
Confidentiality & GDPR
All applications are handled with the strictest confidentiality and processed in accordance with UK GDPR and data protection legislation. Your personal information will only be used for recruitment purposes and will never be shared without your consent.
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