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Accounts Payable Analyst - Milano

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 growing team in Milan. 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 in accordance with the CCNL applied in the company (Terziario-Confcommercio).
  • Salary: to be determined according to the candidate's experience.
  • Daily meal vouchers valued at 8 euros for each day worked. 
  • Possibility of Smart Working 1 day at week.
  • Placement in an international, meritocratic, and fast-growing environment.
  • Start date: as soon as possible.

In accordance with the European General Data Protection Regulation 679/2016 and the new Privacy Code 101/2018 et seq. mm. we inform candidates that their data will be processed for the purposes of selection and eventual inclusion in the Tomorrow Group workforce, where applicable.

The advertisement is intended for both sexes in accordance with Legislative Decree No. 216 of 9 July 2003 / Implementation of Directive 200/78/EC for equal treatment in employment and occupation.

Average salary estimate

$40000 / YEARLY (est.)
min
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$30000K
$50000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

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

Are you ready to take the first step in your finance career? Tomorrow, a dynamic multi-service business accelerator for fashion brands, is seeking a passionate Accounts Payable Analyst to join our vibrant team in Milan. As part of a collaborative group that boosts entrepreneurial creativity within the fashion industry, you'll report directly to our UK Head of Finance. Your role will see you ensuring that all invoices are processed swiftly and accurately, coding sales and purchase invoices while working closely with managers to allocate costs correctly. You'll be alongside your team in overseeing authorizations, preparing payment runs, and updating cash flow forecasts—ensuring our finances are in tip-top shape. Additionally, you'll be involved in reconciling supplier accounts and contributing to the refinement of our accounts payable processes. With a respectful nod to the financial world's intricacies, your analytical skills will shine through as you tackle month-end reporting and assist with ad-hoc internal projects. This is a unique opportunity for those looking to grow within an innovative and encouraging environment as Tomorrow continues its exciting journey in the fashion sector. If you have a flair for numbers, thrive on attention to detail, and demonstrate a motivated ‘can do’ attitude, we want to hear from you!

Frequently Asked Questions (FAQs) for Accounts Payable Analyst - Milano Role at Tomorrow
What are the main responsibilities of an Accounts Payable Analyst at Tomorrow?

As an Accounts Payable Analyst at Tomorrow, your primary responsibilities will include processing invoices timely, accurately coding sales and purchase invoices, ensuring authorizations are in line with company policies, preparing payment runs, updating cash flow forecasts, and reconciling supplier accounts with internal records. You will also contribute to improving the accounts payable processes and assist the group finance team with month-end reporting.

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What skills and qualifications are needed for the Accounts Payable Analyst position at Tomorrow?

To succeed as an Accounts Payable Analyst at Tomorrow, a solid knowledge of Excel is essential. While a Bachelor's degree or MSc in economics or a related field is a plus, we also value your analytical skills and attention to detail. Fluency in English is mandatory, and a 'can do' attitude along with the ability to work both independently and as part of a team will set you apart in our dynamic environment.

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What kind of work environment can an Accounts Payable Analyst expect at Tomorrow?

At Tomorrow, the work environment is international, meritocratic, and fast-growing. You will be part of a collaborative team that champions entrepreneurial creativity in the fashion industry. We also embrace flexibility, offering smart working opportunities and a supportive atmosphere where your input can lead to real improvements in processes.

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What benefits does Tomorrow offer to its Accounts Payable Analyst?

Tomorrow offers a competitive permanent contract based on your experience, alongside daily meal vouchers valued at 8 euros for each day worked. You will also enjoy the flexibility of smart working one day a week, and the opportunity to grow within an inspiring organization at the forefront of the fashion industry.

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How does the Accounts Payable Analyst role fit into Tomorrow's overall vision?

The Accounts Payable Analyst role is vital to Tomorrow's overall vision of promoting sustainable growth for fashion brands. By ensuring financial processes run smoothly, you help the company allocate resources effectively, allowing creative talents to thrive and evolve within the rapidly changing landscape of the fashion industry.

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Common Interview Questions for Accounts Payable Analyst - Milano
Can you describe your experience with processing invoices?

When answering this question, provide specific examples of how you've processed invoices in previous roles, emphasizing your attention to detail and speed in processing. Mention any software or tools you've used that relate to invoice processing. Show your understanding of the importance of accuracy and timeliness in maintaining vendor relationships.

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How do you prioritize tasks in a fast-paced finance environment?

Discuss your time management skills and strategies for prioritizing tasks, such as creating to-do lists, setting deadlines, and using project management tools. Give an example of a time you successfully managed multiple deadlines, demonstrating your ability to work under pressure.

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What strategies do you use for reconciling accounts?

In your response, explain your systematic approach to reconciliation. You might reference the importance of thorough documentation, validating transactions against statements, and using Excel or similar tools for tracking discrepancies. Real-world examples of how you've efficiently resolved discrepancies will enhance your response.

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How do you ensure compliance with company policies when processing payments?

Describe your understanding of compliance and controls within the accounts payable process. Talk about your experience in reviewing and adhering to company policies, including ensuring proper authorization for payments and being familiar with VAT codes.

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Can you provide an example of how you contributed to improving an accounts payable process?

Share a specific example where you identified inefficiencies in the accounts payable process and proposed or implemented solutions. Focus on the outcome of your actions, whether it led to time-saving, reduced errors, or improved team productivity.

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What accounting software are you familiar with?

List the accounting software programs you've used, emphasizing any that are relevant to the Accounts Payable Analyst role at Tomorrow. Highlight your proficiency and readiness to learn new systems. Mention how these tools facilitated your work and improved reporting accuracy.

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Describe a time when you had to work as part of a team. What role did you play?

Reflect on a team experience where you contributed significantly. Emphasize your collaboration skills, communication abilities, and how you supported your colleagues' work, perhaps in a finance context. Show that you value teamwork and understand its importance in achieving team goals.

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How do you handle tight deadlines while ensuring accuracy?

Explain your approach to maintaining accuracy even under pressure. You might discuss techniques such as double-checking your work, prioritizing high-stakes tasks, and managing stress. Use examples from your experience to illustrate your ability to deliver high-quality work on time.

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What do you think are the most important qualities for an Accounts Payable Analyst to possess?

Identify key qualities such as attention to detail, analytical skills, problem-solving abilities, and the capacity to work under pressure. Back up your answer with examples from your background that demonstrate these traits effectively.

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

Articulate your interest in Tomorrow specifically, focusing on their mission to support fashion brands and your passion for the finance side of the fashion industry. You may also mention the growth opportunities you see in this position and how your skills align with the company's goals.

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EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
January 9, 2025

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