MERAK is a integral leader Company in HVAC (heating, ventilation, and air conditioning) and refrigeration solutions, with a workforce of over 1,200 employees worldwide. The company is renowned for its innovation and technological development capabilities, providing advanced solutions for the railway sector. The Accounts Payable Specialist is a core transactional finance role within the Finance Shared Services Hub, responsible for the end-to-end purchase-to-pay cycle for their assigned jurisdiction. Based in Madrid, each Specialist manages vendor relationships, invoice processing, payment execution, and reconciliation for their entity, ensuring timely and accurate payment runs in compliance with local requirements and hub-wide SLAs.

Ensure accurate coding of invoices to the correct cost center, GL account, and project code in SAP

Execute payment runs on schedule: weekly or bi-weekly depending on jurisdiction and vendor terms

Process urgent and exceptional payments outside the standard payment run when required and authorized

Maintain accurate vendor master data in SAP: bank details, payment terms, contact information, and tax identifiers

Manage vendor queries: payment status, invoice discrepancies, statement reconciliations, and credit notes

Perform month-end A/P close activities: accruals for un-invoiced goods and services, GR/IR reconciliation, and balance sheet clearing

Ensure the A/P sub-ledger is fully reconciled to the general ledger at each period end





Support internal and external audit by providing documentation, transaction evidence, and reconciliations on request

Contribute to the working capital dashboard by providing accurate A/P data to the Working Capital & Finance Analyst

Support the cash flow forecast by providing reliable short-term payment commitments for the assigned jurisdiction

Follow hub-wide A/P procedures and SLAs, and flag deviations or process gaps to the Head of Finance Operations

Ensure invoices are processed and paid in compliance with local tax and regulatory requirements for the assigned jurisdiction

Participate in process improvement initiatives within the hub — suggest and test improvements to reduce processing time and error rates

Maintain full documentation of processes for audit readiness and business continuity purposes

2-4 years in accounts payable, purchase ledger, or procure-to-pay in a structured finance environment

- SAP FI (A/P module) experience preferred
- processing logic, cut-off times, and bank file formats
- Knowledge of UK supplier payment terms and the Prompt Payment Code (PPC) obligations where applicable
- VAT registration number display, making tax digital (MTD) context
- Merak stands for sustainable health & comfort in Rail HVAC all-round (world-wide, across all modes, and over the entire life-cycle), delivering advanced solutions and services with an attractive and competitive quality, cost, and delivery schedule.

#

📌 Account Receivable Specialist - Temporary (Getafe)
🏢 MERAK
📍 Getafe