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Accounts Payable/Receivable Associate



Posted over 30 days ago...


Join Rapha and fuel your passion for cycling while managing our vital finance operations


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No salary declared ūüėĒ

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N19 4AG

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Hybrid (In-person ~3 day / week)- London United Kingdom

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Expires at anytime

Organisation summary: Rapha is not just a brand; it's a celebration of cycling culture, dedicated to inspiring everyone to embrace life on two wheels since 2004. As a dynamic omni-channel retailer, Rapha's mission goes beyond selling high-quality cycling apparel. It's about changing the cycling world and making it accessible to more people, sharing the joy and benefits of biking. The Finance team is at the core of this mission, looking for a detail-oriented individual to support the business and fuel our growth.

  • Play a key role in finance operations, ensuring accurate and timely financial information.
  • Handle Accounts Payable tasks, including invoice processing, reconciliations, and managing supplier accounts.
  • Manage Accounts Receivable, from the end-to-end process to debt collection.
  • Conduct weekly bank reconciliations and manage corporate card expenditures.
  • Assist with monthly financial reporting and other administrative finance tasks.
  • Essential experience in purchase ledger and Accounts Payable/Receivable.
  • Retail/ecommerce experience and multicurrency environment knowledge are a plus.
  • Flexible working patterns available, with a minimum of 3 days in-office.
  • Strong communication, attention to detail, prioritization, and problem-solving skills.
  • Interest in cycling and Rapha's culture is beneficial.

Working at Rapha offers a range of benefits, including flexible working hours, remote work options, social events, generous apparel discounts, and even opportunities to cycle with colleagues. It's a chance to join a passionate team and grow your career while sharing your love for cycling.

Founded in 2004, Rapha exists to inspire the world to live life by bike. We believe that cycling has the power to improve people’s lives but as well as enjoying it for what it is today, we are determined to change cycling and open it up to more people so that they too can discover the joys of riding a bike.

The Finance function operates at the heart of Rapha as a multi-functional, business facing department. Rapha is dynamic and we are looking for an individual who is happy to get into the detail to support the business and continue our growth as a world class omni-channel retailer.

The Accounts Payable and Finance Assistant you will play a vital role in the day-to-day operations of finance; ensuring timely and accurate payment to suppliers, processing transactional level data to ultimately ensure that accurate and timely financial information can be reported to the Board and key business stakeholders.

The Role

We are recruiting for an Accounts Payable/Receivable Associate to join our established finance department. You will have experience working with volume within a SME and relevant Accounts Payable and Receivable experience. You will proactively deal with a large volume of invoices and/or suppliers’ correspondences with accuracy and speed as well as assisting with Accounts Receivable and weekly bank reconciliations.

Accounts Payable Responsibilities

‚óŹ Monitoring of key Accounts Payable inboxes and responding to queries
‚óŹ Processing purchase invoices and credit notes, for both central as well as international region¬†expenses
‚óŹ Ensure invoices are correctly authorised at the relevant level
‚óŹ Performing reconciliations of supplier statements and resolving any discrepancies
‚óŹ Managing supplier accounts, ensuring timely payment of creditors
‚óŹ Preparation of payment runs
‚óŹ Liaising with relevant teams to resolve queries
‚óŹ Setting up new supplier accounts and maintaining existing account details within the purchase¬†ledger

Accounts Receivable Responsibilities

‚óŹ Taking ownership of the end-to-end accounts receivable process
‚óŹCompleting credit checks on new customers
‚óŹCreation of new customer accounts on Microsoft Navision
‚óŹReview and issuing of sales invoices, credit memos and statements to customers
‚óŹManaging debt collection of debtors
‚óŹ Proactive ownership of reviewing aged accounts receivables listing with the wholesale team and¬†recommending corrective actions for aged debts
‚óŹ Running a high volume AR inbox, proactively and promptly resolving queries

Other Administrative tasks

‚óŹ Weekly reconciliation of company bank accounts
‚óŹ Manage and reconcile corporate card expenditure
‚óŹ Processing staff expenses according to company policy
‚óŹ Assist the wider finance team at month end with entity reporting and creditors reconciliations

The ideal candidate will have the following skills and qualities:
‚óŹ Previous experience working within the purchase ledger is essential
‚óŹ Experience within retail/ecommerce desirable
‚óŹ Experience working in a multicurrency environment would be helpful but not essential
‚óŹ Flexible working patterns will be considered for this role
‚óŹ Good interpersonal and communication skills
‚óŹ Reliable, self-disciplined, speed, and accuracy are essential.
‚óŹ Excellent attention to detail
‚óŹ Ability to prioritise workload and work to deadlines
‚óŹ Strong attention to detail
‚óŹ Initiative and can-do attitude
‚óŹ Adaptable and flexible
‚óŹ Team player
‚óŹ An interest in cycling and the business culture is an advantage

Working at Rapha
We are continuously looking into ways to invest in our employees and build a better working culture and environment. Here are just some of the internal benefits we offer.

  • Flexible working hours
  • Support ad-hoc remote working during the week - Minimum 3 days in office
  • Free barista coffee and social drinks in the office
  • Monthly department social events and quarterly office social away days
  • We offer a flexible riding benefit to allow you to go out riding on a Wednesday morning with colleagues or learn to cycle to cycling through our Getting Started Scheme.
  • We offer all our employees a 50% apparel discount and a discount for family and friends
  • An annual clothing allowance
  • Free membership to the Rapha Cycling Club
  • Company Pension Scheme

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