Accounts Payable Manager

Ref: MON09233
Salary: Competitive salary & attractive benefits
Department: Finance
Location: Wellingborough, Northants
Position type: Permanent
Hours / Duration: 37.5 hours per week
Closing date: 24/01/2018

Looking to join a global retailer who values people?  Then look no further.  We are committed to developing our people, last year we made numerous promotions across the business and raised over £500K through our Monsoon Charity Trust fund raise.  We have a strong brand with many talented people in the business along with a loyal customer base who knows our heritage.  We put people first and pride ourselves in attracting, developing, retaining and inspiring our talent.

This is an excellent opportunity for an experienced Accounts Payable Manager to join our team in Wellingborough.  As an Accounts Payable Manager, you will be responsible for managing and developing a team of Accounts Payable Officers and Team leaders, who process all payments relating to stock, non-stock and estates. 

You will ensure that invoices and credits notes are accurately entered onto the system and reviewed in line with weekly, monthly and quarterly payment runs.  This will involve liaising with a number of internal departments, as well as outsourced providers.

What will you do as an Accounts Payable Manager?

  • Manage and develop a team of 7 Accounts Payable Officers and Team Leaders
  • Ensuring all stock, non-stock & estate payments are accurately processed before sending for authorisation.
  • Reviewing weekly, monthly, quarterly and ad-hoc payment runs.
  • Ensuring supplier payments are accurate and timely and are correctly entered on banking websites before being released
  • Ensuring efficient and timely bank reconciliation process
  • Reviewing Aged Creditors and taking appropriate action
  • Ensure supplier accounts are maintained and managed on a timely basis and that any issues arising are communicated and addressed promptly
  • Ensure compliance to purchase ledger procedures and company policies, including authorisation
  • Posting debit notes to the ledger and sending out to suppliers
  • Resolving Unallocated Cash issues in timely manner
  • Ensuring the Supplier statement reconciliation process is effective and in line with agreed policy, and there is robust process in place for  reviewing/authorising completed reconciliations 
  • Communicate with external suppliers including managing agents and landlords.
  • Updating supplier details and setting new suppliers up on CODA and Rex
  • Liaising with internal departments such as Sourcing, Imports, Buying and Property and other teams within Finance to implement and streamline processes where required.
  • Authorising write offs and debit notes raised by members of the team
  • Exiting suppliers as requested by sourcing and ensuring outstanding debit notes are paid.
  • Liaising with outsourced approvers and monitoring their performance
  • Working on achieving targets set such as KPI’S including reconciling supplier accounts, cash allocation and payment within terms.
  • Developing processes to enhance controls and time management.
  • Working alongside Property to ensure accurate and prompt reconciliations for all lease renewals and terminations.

What will you need to succeed in this role?

  • Previous Accounts Payable experience
  • Proven experience of managing and developing a team
  • Strong attention to detail and accuracy
  • Ability to work on your own initiative
  • The ability to communicate effectively with a broad range of internal and external stakeholders
  • Strong Excel skills and experience of CODA or a similar system
  • Experience within a Retail or Distribution environment (desirable)

If you feel you have the potential to become an AP Manager, please apply now.

 

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