At a Glance
- Tasks: Supervise purchase orders and accounts payable, ensuring timely supplier payments.
- Company: Join THE OUTNET, a leader in luxury fashion with a focus on sustainability.
- Benefits: Competitive salary, career progression, and a dynamic work environment.
- Other info: Collaborative culture with opportunities for professional growth.
- Why this job: Be part of a transformative journey in luxury retail and make a real impact.
- Qualifications: 5+ years in Accounts Payable or Finance Operations; ambition for accounting qualification.
The predicted salary is between 29250 - 35750 £ per year.
THE OUTNET is the online destination for luxury fashion from previous seasons. Since 2009, it has showcased style that lasts by offering past-season womenswear and menswear, including exclusive capsules, from world-leading designer brands. With a strong focus on extending the life of luxury, THE OUTNET delivers a curated edit of exceptional fashion at up to 70% off, combining timeless style with a more responsible approach to retail.
As THE OUTNET continues its journey, we are seeking an experienced Purchase Order Supervisor to support the establishment of robust financial processes during a critical period of transformation. This is a hands-on role with responsibility for supervising day-to-day purchase order and accounts payable activity, ensuring supplier payments are accurate, timely, and well-controlled. You will play a key role in embedding internal controls, supporting ERP implementation, and maintaining strong relationships with suppliers and internal stakeholders.
Key Responsibilities
- Supervise end-to-end accounts payable and purchase order processes
- Ensure accurate processing of supplier invoices, credit notes, and payments
- Act as a key point of contact for suppliers regarding payment-related queries
- Manage tax compliance requirements, working with external advisors where appropriate
- Manage payments for merchandise vendors, freight forwarders, warehouses, marketing platforms, and technology providers
Reconciliations & Controls
- Perform and review supplier statement reconciliations and balance sheet reconciliations
- Support month-end close activities relating to accounts payable and accruals
- Participate in ERP system implementation
Cash Flow & Reporting
- Support with short- and medium-term cash flow forecasts
- Deliver accurate and timely financial reporting to support business decision-making
The Type of Person We Are Looking For
- 5+ years of experience in Accounts Payable or Finance Operations
- Part‑qualified or QBE, with an ambition to progressing toward a recognised accounting qualification
- Strong understanding of purchase order processes
Purchase Order Supervisor @THE OUTNET employer: THE OUTNET.COM
As a luxury fashion retailer in Greater London, we pride ourselves on fostering a dynamic and inclusive work culture that values innovation and collaboration. Our employees enjoy comprehensive benefits, including professional development opportunities and a supportive environment that encourages growth and creativity. Join us to be part of a team that not only enhances the technology experience but also contributes to a prestigious brand known for its commitment to excellence.
StudySmarter Expert Advice🤫
We think this is how you could land Purchase Order Supervisor @THE OUTNET
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like THE OUTNET.COM. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Purchase Order Supervisor @THE OUTNET
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to THE OUTNET.COM.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on THE OUTNET.COM's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at THE OUTNET.COM
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with THE OUTNET.COM.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at THE OUTNET.COM will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former THE OUTNET.COM employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
