Accounts Payable Team Leader
The Hut Group, United Kingdom

Experience
1 Year
Salary
0 - 0
Job Type
Job Shift
Job Category
Traveling
No
Career Level
Telecommute
No
Qualification
As mentioned in job details
Total Vacancies
1 Job
Posted on
May 9, 2021
Last Date
Jun 9, 2021
Location(s)

Job Description

About THG

THG is one of the world’s fastest growing and largest online retailers. We have over a decade of experience building and growing brands in the Beauty and Wellness sectors, in over 160 markets. We create brilliant digital brand experiences and our in-house team design, develop and build a bespoke proprietary technology platform that is used by hundreds of millions of people worldwide. With a world-class business, a proprietary technology platform, and disruptive business model, our ambition is to be the global digital leader. Our culture is fast-paced and ambitious we like to move twice as fast others believe to be possible. This belief is a fundamental part of the DNA that has supported our incredible growth. Our people are our strength and we have over 4,000 diverse, smart thinkers across the globe who are encouraged to think creatively and empowered to turn their ideas into actions. To support our ambitious growth, we are looking for commercially astute, ambitious individuals that can bring fresh and innovative thinking to THG and play a part in driving the Group forward on its truly exciting journey.

About Finance at THG

Finance at THG is a rapidly growing and evolving team, covering all areas of finance from central functions such as accounts receivable and payable, treasury, tax and internal audit, to specific commercial teams for each of our divisions; Beauty, Tech, Consumer, Health and Brands. As the business expands and takes on new challenges in the form of acquired businesses or new ventures, finance is there to support every step of the way, leading to dynamic and challenging roles no two days are the same! Common characteristics among our team are the ability to drive change, adaptability and resourcefulness, to ensure we can keep pace with the business, without compromising on financial control or sales performance.

About the Role

Reporting into the PTP Manager the primary responsibility of the PTP Team Leader is to lead a team of PTP Associates and organise day to day activities monitoring individual performances and adjusting priorities as per business requirements.

The PTP Team Leader identifies inefficiencies in processes suggesting workable solutions and escalates any business-critical issues as appropriate.

The PTP Team Leader is a key part of the support network within the leadership team of the PTP department, taking on escalated queries, training of staff and managing team deadlines and any adhoc projects,

Their responsibility is to manage the flow of work through effective LEAN techniques, observing all key business controls to ensure all work completed under their remit is ‘right first time’.

Performance Delivery

  • Responsible to oversee management of teams portfolio of supplier accounts
  • Review, understand and prioritise teams work based on PTP reports distributed within the team (unposted invoices, debit balances, Unmatched GRNI etc)
  • Supervise and measure the team activities against agreed set of individual and overall team KPI’s
  • Provide expertise and act as point of escalation for PTP queries
  • Ensure root cause analysis is performed on supplier accounts to ensure the same issues don’t repeat
  • Regularly review Clear Data validations and exceptions and take part in calls with the relevant external stakeholders to review and improve processes
  • Monitor the delete log to ensure any items captured from NXG, or any other source are deleted within SLA and any relevant remediation actions are taken
  • Carry out regular reviews of completed statement reconciliations
  • Carry out regular reviews of supplier information and work closely with the Master Data team to ensure any corrections are actioned
  • Alignment to POT tactical actions
  • Complete regular skills gap analysis for each member of the team
  • Provide continual on the job training to each member of the team as and where the need is identified
  • Act as first point of escalation for resolving processing queries/ invoice discrepancies
  • Take part in divisional finance and internal stakeholder weekly meetings
  • Develop and maintain excellent working relationships with all relevant internal and external stakeholders
  • In liaison with the PTP Manager and the Continuous Improvement Team support continuous improvement initiatives
  • Organise monthly feedback sessions for the team, creating and maintaining individual PDRs
  • Assist the PTP Manager with recruitment needs for the team
  • Act as cover for PTP Manager absence
  • Manage team specific month-end activities taking part in month end meetings
  • Providing support with audit
  • Holiday and sickness management

Requirements

  • Experience of working in a Shared Service centre or large PTP environment with an interna

Job Specification

Job Rewards and Benefits

The Hut Group

Information Technology and Services - London, United Kingdom
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