Primark Ireland

Finance Associate - GNFR/AR

Recruiter
Primark Ireland
Location
Dublin, Ireland
Salary
Unspecified
Posted
03 Feb 2023
Closes
03 Mar 2023
Ref
100909BR
Approved employers
Approved employer
Job role
Accounts payable/receivable, Compliance/risk, Financial analyst, Financial planning & analysis
Sector
Retail and FMCG
Contract type
Permanent
Hours
Full time
Experience level
Qualified accountant
Finance Associate – GNFR / AR

Reports to: Financial Operations GNFR AP Team Lead
Purpose of the role
The Financial Operations team is responsible for supplier invoice processing, payments and other financial transactional processes. This role will be part of a team with responsibility for one or more of these processes and associated supplier and business engagement. To support the Team Lead in the day-to-day organisation and running of both the AP (GNFR) and AR Team.
This role is based in Primark Head Office in Dublin with hybrid working.

Roles & Responsibilities
Key operational tasks will include:
  • Processing of invoices using the SoftCo PIAT P2P solution and Oracle Financial System. High level overview of invoice processing – particularly important at period end.
  • Processing journals, in particular manual journals requiring allocations to be split across multiple cost centres or entities.
  • Managing and clearing Debit balance reconciling items in across multiple entities and accounts. Driving the reconciling of DR Balances across the team.
  • Ensuring payment files are reviewed and signed off adhering to tight deadlines. Necessary only when there is leave amongst the Team.
  • Investigating and correcting rejected payments. The investigation and correction ALL exceptions.
  • Work closely with key Suppliers in a dedicated country (or countries) of your responsibility to ensure critical invoices are received on time and correct. Would be relevant for Team Member across all entities.
  • Supporting our Payments and Finance Support Teams for resolving vendor queries which includes invoice restarts and cancellations in S10, processing of One-time/Urgent payments particularly important.
  • Work with our highly experienced teams to ensure all transactions are processed in accordance with our policies and procedures and all our inventory & reconciliation processes are completed in line with business requirements.
  • Work closely with the business to maximise processing efficiency.
  • Work with our vendors and Sourcing and Procurement functions to maximise processing efficiency and manage compliance.
  • Deliver a high level of customer service to our vendors and business partners.
  • Work with our 3rd party providers and ICT Support Teams to ensure daily operational interfaces are working as scheduled.
  • Establish and maintain good relationships with all stakeholders of Financial Operations.
  • Create, validate and maintain business process procedures.
  • Adhere to period end processing and reporting schedules.
  • Engage in continuous process quality improvement and enhanced customer service in line with targets and metrics.
  • Knowledge of Oracle Financials and invoices automation tools. Other systems experience is also desirable e.g. experience of P2P systems.
  • Participation in projects, testing of new functionality on IT systems, validation of vendor master.
  • Assist with Period End closes and generation of Accruals files. Participate in period end processes – intercompany cleardown, accruals, opening the new period, closing the previous period, and collaborating with a multitude of different teams across Finance and the wider organisation.
  • Prepare KPI Report for GNFR and AR.
  • Assisting the Team Lead on Project work and Systems testing. New Markets and any other projects in the future.
Knowledge, skills experience:
  • Excellent English both oral and written with additional language a plus
  • Diploma/degree standard of education preferably in a business/administration related discipline and/or an interest in pursuing same
  • Experience in a similar role in a shared service environment is highly desirable
  • Highest level of attention to detail is required
Other desirable experience/awareness in a retail environment includes:
  • Knowledge of letters of credit and forward collection payment arrangements
  • Commission, Inspection and supplier claims processes
  • Knowledge of customs & duty processes
  • Knowledge of reprocessing and supplier returns
  • Understanding the supply chain and its touch points with Financial Operations
  • Understanding of Buying & Merchandising and its touch points with Financial Operations
  • IT skills to include MS Word, Excel , Outlook, and PowerPoint are essential
  • Strong interpersonal skills – with a proactive curious mind and a desire for continuous learning and development
  • A flexible approach to work and comfortable working in a fast paced environment
  • Ability to use own initiative
  • Be proactive & assertive in reacting to key business requirements in a timely manner
The ideal individual will:
Our team in Financial Operations continuously search for new ways to improve the performance of our work to become the best at what we do. The ideal candidate for this role will enjoy working as part of this team in a fast paced environment. He/She will thrive on change within a continuous improvement culture and will be delighted to contribute to the creation of a first class, best practice financial operation.
For further information, and to apply, please visit our website via the “Apply” button below. 

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