Accounts Payable Specialist

This is a super exciting opportunity for an Accounts Payable Specialist to join the Accounting & Finance department of a leading luxury fashion retail brand. The successful candidate will play a crucial role in managing the company's accounts payable function, as well as supporting the Management Accountant with the production of the monthly management accounts. The head office is based in the City of London (London Bridge).

Client Details

Our client is a well-established luxury retail company with a large presence in London and Paris. They are renowned for their high-quality clothing products and are considered a market leader within the retail industry. The company prides itself on its collaborative work environment and strong emphasis on employee development. The finance team (made up of 5 people) are looking to add an Accounts Payable Specialist, with the view that they'll develop into a Finance Analyst role. The team is dynamics and progressive, and they offer study support for the right candidate.

Description

The successful Accounts Payable Specialist will:

• Assist with the monthly production of the management accounts (balance sheet recs, accruals, prepayments, journals
• Process supplier invoices accurately and efficiently, ensuring proper approvals, coding and tax treatment for overseas invoices.
• Manage weekly and monthly payment runs, including BACS, CHAPS, and international payments.
• Reconcile supplier statements and resolve any discrepancies promptly.
• Maintain strong relationships with suppliers, handling queries and ensuring payments are made on time.
• Assist with month-end closing activities, including accruals, prepayments, and cash reconciliation reporting.
• Monitor and manage aged payables, highlighting any management risks.
• Ensure compliance with company policies and financial controls.
• Work closely with procurement, operations, and finance teams to improve invoice processing efficiency.
• Support internal and external audits by providing necessary documentation and creditor reconciliations.
• Assist with ad-hoc projects and process improvements to streamline AP functions.

Profile

The successful Accounts Payable Specialist will:

• Have 3-4 years of AP or purchase ledger experience
• MUST have a strong working background in luxury retail
• MUST have a strong level of stock/inventory knowledge - stock, finished goods and raw materials
• AAT, ACCA or CIMA studier (desirable, not essential)
• Strong Excel skills
• Excellent written and verbal communication skills

Job Offer

• £34,000 (max)
• Bonus (disc.)
• Clothing Allowance
• Private Healthcare
• Additional benefits
• Study Support package