Account Payables Manager

Posted 15 Days Ago
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Islington, London, England
In-Office
Mid level
eCommerce • Fashion • Retail
The Role
The Accounts Payables Manager oversees the accounts payable department, manages complex supplier queries, ensures compliance with policies, and leads a team of four. Responsibilities include payment cycles, reconciliations, audits, and team training.
Summary Generated by Built In

Purpose of the role

The Accounts Payables Manager is an integral part of the Group Finance team and has complete ownership of the Account Payables function for all companies within the Four Group.

They will also be responsible for the day to day running of the busy accounts payable department with 4 direct reports.

Main duties and responsibilities

  • Manage and lead, day to day management of Payables department, with problem-solving mindset.
  • Act as the key escalation points for complex supplier queries, delivering a strong customer-focused service.
  • Managing the weekly payment run cycle.
  • Managing stock vendors ensuring accounts are reconciled on regular basis
  • Support AP-automation/workflow rollout (e.g., invoice capture, new PO system)
  • Management of the new PO-system, queries are addressed/resolved.
  • Payables Ledger reviews with team members.
  • Ensure supplier reconciliations are carried out on regular basis.
  • Maintain employees’ credit card limits per group policy and related postings are completed by team members.


Leadership & Team Management

  • Strong people management skills with a passion for completeness of tasks within required deadlines.
  • Line management and of 4 direct reports, providing training, and mentoring as required.
  • Ensuring appropriate works are divided between team to ensure all tasks are completed.

 

Internal Controls & Systems Compliance

  • Maintain best practice for checking and creating new suppliers on the ERP.
  • Maintain best practice for change in suppliers’ bank details.
  • Ensure AP processes comply with internal policies and fraud prevention.
  • Support external audits by providing documentation.

 

Month-End / Year End Tasks

  • Month end discussion of Payables ledger with forecasting future cashflow.
  • Month end factory stock payments in advance reconciliation to TB.
  • Maintain rent and rates tracker for all stores.
  • Prepare information, schedules, reconciliations, and commentary for year-end audit 
  • Liaising with relevant heads of department ensuring timely approval of invoices.
  • Ad-hoc queries as required by Senior Management.

The successful candidate will enjoy access to a variety of discretionary benefits, such as:

  • 21 days annual leave entitlement, plus bank holidays each year
  • Generous staff discount across a variety of brands
  • Auto-enrolment into the company pension scheme
  • Cycle-to-work scheme
  • Charity time-bank scheme
  • Ability to purchase additional annual leave

Top Skills

Erp
Po System
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The Company
HQ: London
75 Employees
Year Founded: 1996

What We Do

Four Marketing Group was founded over 25 years ago in London. The Group’s portfolio of businesses continues to grow, always seeking excellence in the products it distributes. Four Marketing Group consists of a number of luxury brand businesses including:

Four Marketing; the founding company, providing wholesale sales, agency representation and distribution

Four Works; our DTC service offering, operating retail stores, eCommerce and warehousing for key brand partners.

Present Agency; our digital agency, delivering a diverse range of services, from creative fashion campaign development to press communication.

Agent Provocateur; An iconic label defined by confidence, sensuality and irreverence with boutiques operating across Europe, America and Asia. Empowering individuals and pushing boundaries since 1994. For more information and job roles with Agent Provocateur, please visit:

https://www.linkedin.com/company/agent-provocateur/jobs

Albam; A contemporary menswear label founded in 2006, characterised by the timeless utilitarian design ethos and high-quality construction

Arctic Army; Since its arrival in 2017, Arctic Army encapsulates a unique aesthetic for the outerwear market and the combination of refined tailoring and over-the-top silhouettes creates bold, yet wearable pieces. Unapologetic outerwear has become a mantra of sorts for Arctic Army, which is a strong reference to the brand’s luxury and maximal ethos with a 90s inspired ‘forever mood’.

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