Accounts Payable Manager

3 months ago


UK, UK, United Kingdom FINE+RARE Full time

Who we are

FINE+RARE is one of the world's leading marketplaces for wines, spirits, and collectable experiences. We have built an unparalleled network of producers, agents, reservists, and private clients by providing access to the wines and spirits held in the world's greatest cellars and collections. We operate globally, with offices in Asia, Continental Europe, the UK, and the US. We offer our customers a wide range of services, including global delivery, storage solutions, and the option to sell wines through our single marketplace platform.


About the role

We seek an experienced Accounts Payable Manager to oversee our accounts payable function across the group, primarily focusing on the UK.

The role will drive best practice across accounts payable functions through process improvement and optimisation, formalising reporting and governance, and collaborating cross-functionally and between entities.

The ideal candidate will have a strong background in a group finance role, excellent analytical skills and a proactive approach to issue management and resolution.


Responsibilities

  • Lead process improvement for the AP function in alignment with the company’s broader financial strategy, working closely with buying, logistics, and other key stakeholders to maximise balance sheet effectiveness.
  • Act as a leader in driving cultural and technical transformation within the AP function, advocating for a continuous improvement mindset and the adoption of new technologies of systems to enhance efficiency.
  • Lead, mentor, and develop AP teams across different markets, fostering a collaborative and high-performing global team environment.
  • Lead AP teams in the correct processing of AP invoices (Cost of sales, Overheads Fixed Assets, & Prepayments)
  • Review any purchase invoice discrepancies, coordinating internally and with suppliers, if required, to ensure appropriate corrections are made.
  • Manage intercompany debtors and creditors balances between various entities, coordinating with finance teams to ensure the position is reconciled monthly.
  • Manage the monthly reconciliation of the cost of sales GL account and any associated accounts impacted by the purchasing process.
  • Prepare and present group creditor reports on a weekly basis to draw insights, improve transparency and make recommendations.
  • Coordinate cross-functionally, particularly with buying, logistics, and warehousing, to drive financial/operational KPIs.
  • Improving governance around procurement to ensure we minimise our exposure to liabilities through reporting and driving improvement in processes.
  • Take the lead on three key reports, ensuring proactive resolution of items and progress is being monitored and reported frequently: Purchase orders not invoiced/Goods received not invoiced/ Goods invoiced not received.
  • Support in reviewing group stock balances to ensure listings are accurate and returns/credits are correctly recorded.
  • Support with annual audit and tax enquiries, taking the lead on any relating to the accounts payable function.
  • Willing to support the finance function with any other ad-hoc responsibilities


Skills + Experience

  • Bachelor’s degree in accounting, Finance, or a related field; Part-qualified ACCA, CIMA or relevant certification is preferred.
  • Proven experience in AP management within a global or inventory-intensive business, preferably within the fine wine or luxury goods sectors.
  • Experience in leading and developing a team or accounting function.
  • Expertise in ERP, reporting, and AP automation tools.
  • Excellent communication and collaboration skills and a passion for process improvement.
  • Strong understanding of global inventory management and the impact of financial operations.


Why work for us?

  • Competitive salary
  • Hybrid working
  • Life insurance
  • Pension
  • Generous staff discount
  • Opportunities for professional development
  • Be part of a dynamic and collaborative work environment.


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