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Accounts Payable Analyst - London

Who We Are

Tomorrow is a multi-service business accelerator for fashion brands. The Group helps brands to develop and achieve sustainable growth through a fully integrated service offering that includes investment, sales and distribution, consultancy and production. Tomorrow is led by CEO Stefano Martinetto and Chief Revenue Officer Giancarlo Simiri, which they acquired in 2011, with a vision to champion and foster entrepreneurial creativity within the fashion industry. The Group now has a carefully curated portfolio of emerging and established talent, across premium and contemporary menswear, womenswear and accessories, each working with one or more of Tomorrow’s integrated services. Tomorrows headquarter is in London with offices and showrooms in London, Milan, Paris, New York and Hong Kong. It currently employs 200+ people across three continents.

Who we're looking for

We are looking for an enthusiastic junior professional to join our team in London. The person will be reporting to the UK Head of Finance.

What your day to day will look like

  • Ensuring all invoices are processed in a timely manner.
  • Accurately code sales and purchase invoices by liaising with managers to ensure correct allocation of costs and VAT codes.
  • Ensuring authorisation and sign off levels are in the line with company policy before payment.
  • Preparation of payment runs and updating cashflow forecast.
  • Reconciliation of supplier accounts to internal records.
  • Helping with the wider improvement of the accounts payable process.
  • Helping the group finance team with components of month-end and internal reporting.
  • Posting and reconciling credit cards transactions
  • Producing daily treasury emails.
  • Assisting the group finance team on ad-hoc internal projects

What you need to succeed

  • Excellent knowledge of Excel.
  • Bachelor's degree or MSc in economics or a relevant field is a plus.
  • Fluent in English is mandatory.
  • Good analytical skills.
  • An enthusiastic, motivated and a committed ‘can do’ attitude.
  • Excellent attention to detail.
  • Able to work independently and as a part of a team
  • To be a trustworthy, reliable, able to work under pressure and adhere to deadlines.

What we Offer

  • Type of contract: Permanent contract.
  • Salary: to be determined according to the candidate's experience.
  • Possibility of Smart Working 1 day at week.
  • Placement in an international, meritocratic, and fast-growing environment.
  • Start date: as soon as possible.

Tomorrow is proud to be an inclusive and equal opportunity organisation. We welcome and encourage applications from individuals regardless of age, disability, sex, gender reassignment, sexual orientation, pregnancy and maternity, race, religion or belief and marriage and civil partnerships.

If you need reasonable adjustments at any point in the application or interview process, please let us know.

What You Should Know About Accounts Payable Analyst - London, Tomorrow

Tomorrow, a multi-service business accelerator for fashion brands, is on the lookout for an enthusiastic Accounts Payable Analyst to join our dynamic team in London. Reporting directly to the UK Head of Finance, you'll play a pivotal role in our mission to support emerging and established talent in the fashion industry. Your typical day will involve processing invoices with precision, coding sales and purchase invoices, and ensuring everything aligns with our company policies and VAT regulations. Additionally, you'll have the chance to prepare payment runs, contribute to cash flow forecasts, and conduct supplier account reconciliations. We value a positive attitude, so your commitment to enhancing our accounts payable processes will be highly appreciated. As part of the group finance team, you’ll also assist with month-end reporting and internal projects, gaining invaluable experience along the way. If you possess strong Excel skills, a degree in economics or a related field, and a dedication to detail, you could be a perfect fit for this role. Join us at Tomorrow and be part of an inclusive and creative environment where you can grow your career in the ever-evolving fashion industry.

Frequently Asked Questions (FAQs) for Accounts Payable Analyst - London Role at Tomorrow
What responsibilities does the Accounts Payable Analyst at Tomorrow have?

As an Accounts Payable Analyst at Tomorrow, you'll be responsible for processing all invoices timely, accurately coding them in collaboration with managers, preparing payment runs, and maintaining cash flow forecasts. You will also reconcile supplier accounts and assist the finance team with month-end reports and various internal projects, contributing to overall financial efficiency.

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What qualifications do I need to apply for the Accounts Payable Analyst position at Tomorrow?

To qualify for the Accounts Payable Analyst position at Tomorrow, it is ideal to have a Bachelor's degree or MSc in economics or a related field, though this is a plus rather than a requirement. Moreover, strong Excel skills, analytical abilities, and fluent English are essential for success in this role.

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How can I succeed in the Accounts Payable Analyst role at Tomorrow?

Success as an Accounts Payable Analyst at Tomorrow hinges on your excellent attention to detail, ability to work under pressure, and a strong 'can do' attitude. Being a team player while also being capable of working independently will enhance your overall contribution to the finance team.

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What is the work environment like for an Accounts Payable Analyst at Tomorrow?

Tomorrow offers a vibrant and inclusive work environment where creativity thrives. As a part of the finance team, you'll collaborate with colleagues across continents, allowing for a culturally rich experience. The company also emphasizes a meritocratic structure that fosters growth within an international setting.

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What are the opportunities for growth in the Accounts Payable Analyst position at Tomorrow?

At Tomorrow, there are ample growth opportunities for an Accounts Payable Analyst. You'll directly contribute to financial processes which can lead to advanced roles within the finance team, and the international nature of the company allows for potential cross-departmental mobility and professional development.

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Common Interview Questions for Accounts Payable Analyst - London
What experience do you have with accounts payable processes?

When answering this question, it's important to highlight any relevant experience you have in managing invoices, processing payments, and reconciling accounts. Discuss specific systems or software you’ve used and how you've ensured accuracy and compliance in your previous roles.

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How do you prioritize tasks when faced with tight deadlines?

In response to this question, describe how you assess task urgency and importance. You can mention utilizing tools like to-do lists or digital calendars to manage your workload effectively, ensuring that essential tasks are completed on time while maintaining quality.

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Can you describe a time when you identified an error in accounts payable?

When discussing this question, provide a specific example demonstrating your attention to detail. Explain how you discovered the error, the steps you took to rectify it, and the outcome, highlighting your problem-solving skills and commitment to accuracy.

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What software tools are you familiar with in finance and accounts payable?

Outline any software tools you have experience with, such as Excel, ERP systems, or accounting software like QuickBooks or SAP. Emphasize your proficiency in these platforms and how they've helped you streamline accounts payable functions in your previous roles.

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How do you handle difficult communication with vendors?

Explain your approach to vendor communication, emphasizing the importance of professionalism and clarity. Share a situation where you effectively resolved a misunderstanding while maintaining a good relationship with the vendor.

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What steps would you take to improve the accounts payable process?

Discuss areas you believe could enhance processes, such as adopting automation tools or better training for staff. Share past instances where you've implemented changes that positively impacted the accounts payable department's efficiency or accuracy.

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How do you ensure compliance with internal controls?

Describe your familiarity with internal controls and how you adhere to them in your work. Discuss the importance of following established procedures and maintaining detailed records to ensure compliance and transparency in accounting.

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Why do you want to work for Tomorrow as an Accounts Payable Analyst?

Share what excites you about Tomorrow’s mission and your passion for the fashion industry. Align your career goals with the company’s growth and how you envision contributing to the team’s success.

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How do you stay updated on best practices in accounts payable?

Discuss the resources you utilize to stay informed, such as industry publications, networking events, or online courses. Mention your willingness to continually seek knowledge and apply new practices to improve your performance.

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What qualities do you think are essential for an Accounts Payable Analyst?

Discuss key qualities such as attention to detail, strong analytical skills, effective communication abilities, and a proactive disposition. Emphasize how these traits contribute to successful accounts payable operations.

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Full-time, hybrid
DATE POSTED
January 9, 2025

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