Accounts Payable & Accounts Receivable Manager

Accounts Payable & Accounts Receivable Manager

Founded in 2004, Rapha exists to inspire the world to live life by bike. We believe that cycling has the power to improve people’s lives but as well as enjoying it for what it is today, we are determined to change cycling and open it up to more people so that they too can discover the joys of riding a bike. The Finance function operates at the heart of Rapha as a multi-functional, business facing department. Rapha is dynamic and we are looking for an individual who is happy to get into the detail to support the business and continue our growth as a world class omni-channel retailer.







As the Accounts Payable and Accounts Receivable Manager you will play a vital role in the day-to-day operations of finance; ensuring timely and accurate payment to suppliers, processing transactional level data to ultimately ensure that accurate and timely financial information can be reported to the Board and key business stakeholders.

THE ROLE

This is a permanent role.

We are recruiting for an experienced Accounts Payable and Accounts Receivable Manager to join our established finance department. You will have experience working with volume within a SME and relevant Accounts Payable and Receivable experience. Responsible for a team of 2, you will be accountant for global purchase and sales invoice processing along with weekly payment runs and cash flow inputs.

RESPONSIBILITIES

Supplier and accounts payable

- Oversee purchase invoice processing, payment and inbox management both centrally and regionally
- Manage new supplier entry and amendments including set up and configuration within our new ERP system
- Ensure invoices are correctly authorised at the relevant level
- Aged creditor reviews






- Managing supplier statements and audit requests
- Oversee expenses and company credit card reconciliations
- Maintain strong financial controls in the processing of all transactions
- Lead projects to drive process efficiency across both ledgers.

Customers and Accounts Receivable

- Oversee sales invoice processing and AR inbox management
- Managing new customer set up in our ERP system
- Managing aged debtors review and supporting central and regional Wholesale teams with credit control
- Implementation and maintenance of comprehensive credit risk policies, procedures and controls
- Lead projects to drive process efficiency across both ledgers

Banking

- Preparation of weekly payment runs globally
- Upload payments into banking portal including group payroll and VAT payments






- Review bank account reconciliations
- Point of contact for global banking partners
- Management of RCF with banks
- Manage short term cashflow inputs and reviewing the forecast to actuals weekly alongside FP&A; team

Stock

- Management and reconciliation of In-transit stock
- Management and reconciliation of GRNI
- Reconciliation of stock payments and deposits
- Maintaining and supporting relationship with inbound logistics and production/sourcing team
- Optimise net working capital cycle

Financial Accounting and Compliance

- Support with audit requests
- Corporation tax support and payment processing
- Balance sheet reconciliations and commentary

Leadership

- Lead, motivate, coach, and develop a team of 2 by setting priorities aligned objectives






- Support the finance team and wider business with ad hoc queries, issues and requests
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ABOUT YOU

The ideal candidate will have the following skills and qualities:

- 5 years+ experience working as an AP/AR Manager, with a proven track record in a similar high volume processing role

- Highly experienced raising payment runs across different banking portals and processing/reviewing bank reconciliations

- Experience managing the end to end Accounts Receivable cycle including review of sales invoices and aged debtors

- Strong IT literacy with excellent MS Office skills and experience working with ERP systems

- Strong communication and interpersonal skills with the ability to engage with and influence people at all levels both internally and externally







- Experience working in a multicurrency environment

- Experience within retail/ecommerce desirable

- Reliable, self-disciplined, speed, and accuracy are essential.

- Excellent attention to detail

- Ability to prioritise workload and work to deadlines

- Strong attention to detail

- Initiative and can-do attitude

- An interest in cycling and the business culture is an advantage

WORKING AT RAPHA

We are continuously looking into ways to invest in our employees and build a better working culture and environment. Here are just some of the internal benefits we offer.

- Flexible working hours
- Support ad-hoc remote working during the week - Minimum 3 days in office
- Free barista coffee and social drinks in the office






- Monthly department social events and quarterly office social away days
- We offer a flexible riding benefit to allow you to go out riding on a Wednesday morning with colleagues or learn to cycle to cycling through our Getting Started Scheme.
- We offer all our employees a 50% apparel discount and a discount for family and friends
- An annual clothing allowance
- Free membership to the Rapha Cycling Club
- Company Pension Scheme
- Enhanced Parental Leave & Pay
- Study support

▶️ Accounts Payable & Accounts Receivable Manager
🖊️ Accounts Payable & Accounts Receivable Manager
📍 London