Purchase Ledger Supervisor

Lipsy Clothing
Central London, UK
24 Mar 2019
18 Mar 2019
Contract Type
Level of qualification
Not qualified, Part qualified
Purchase Ledger Supervisor About Lipsy Lipsy is a young fashion brand that's fast moving & constantly evolving to remain ahead of the style game Bringing fresh and innovative designs that make our customers look (and feel) amazing. We are the brand that creates oh-so gorgeous clothing for fashion loving women. Lipsy is all about attitude, not an age. It's for the women that reach for an inspirational lifestyle in a world of fun and glamour . Our central London located head office is a hub of talented people who are creative and innovative. We are so passionate about what we do and love to work together with energy and enthusiasm to create an acclaimed working environment. About the team We are currently recruiting for an experienced Purchase Ledger Supervisor to join our Finance team at our Head Office in Central London. If you have previous, relevant experience from within a fashion retail or similar industry business and are looking for a new challenge in an exciting and fast paced fashion brand then please read on for more details about this role. Within this role you will Reviews Accounts Payable ledger open invoices, aged and debit balances on a weekly basis Ensures all outstanding invoices are processed within credit terms, working closely with assistants, warehouse and key stakeholders to resolve discrepancies Completes review of payment runs and single payments Responsible for overseeing and chasing new supplier set ups and preparing a weekly summary on outstanding files. Leads the quarterly meeting with Next set up team Reviews outsourced India team's tasks including month end journal preparation Reviews Purchase ledger Assistants' tasks and provides them with support. Leads weekly meeting with team Reviews month end journals and ensures corrections are posted in timely manners Prepares monthly Supplier statement reconciliations and liaises with supplier to resolve discrepancies Prepares supplier turnover report monthly and presents it to Directors Calculates monthly Foreign Exchange difference on creditors ledger and posts relevant journals Covers Purchase ledger Assistants' tasks during periods of annual leave Reviews balance sheet reconciliations prepared by Purchase ledger Assistants Prepares weekly cash outflow forecast For Financial Reporting Manager Manages currency requirements for weekly payment Liaises with Banking team to resolve discrepancies and monitor return payments Works with the Purchase ledger expense Assistant to prepare monthly CSR report for travel expenses Responsible for Purchase Ledger audit requests Assists the Finance Reporting Manager with ad-hoc tasks Criteria Purchase Ledger supervision experience is essential Previous Retail/FMCG experience preferred Preferably studying towards accountancy qualification Ability to work in a very fast paced environment Highly organised Accurate with exceptional attention to detail Excellent communication skills, both written and oral Proven ability to build and maintain strong relationships Benefits Bonus Scheme 30 days Holiday ShareSave Scheme Amazing Learning and Development opportunities Lipsy & Next Discount Direct to Desk Shopping Early finish Friday and time off for shopping at Christmas Late start, early finish on your birthday Hours: Monday to Thursday 9.00am - 5.30pm, Friday 9:00am - 4:30pm Job Type: Permanent