We are looking for an ambitious Accounts Payable Manager!
MJMK Restaurants own and operate a collection of award-winning restaurants:
- Casa do Frango (3 sites) - Portuguese grill concept with restaurants in London Bridge, Heddon Street and Victoria
- KOL – fine dining Mexican restaurant located in Marylebone, with chef patron Santiago Lastra. KOL has a Michelin star and is listed as Nr 23 in The World’s 50 Best Restaurants
- Lisboeta – premium Portuguese-inspired restaurant by Nuno Mendes, in Fitzrovia
As well as two of the most anticipated launches of this autumn:
- Fonda - a modern Mexican concept from KOL Chef Patron, Santiago Lastra, which has just opened in Heddon Street
- AngloThai – debut restaurant from the brilliant chef John Chantarasak, focusing on Thai recipes using British ingredients, opening in Marylebone in the coming weeks
We are looking for a motivated Accounts Payable Manager to support this expansion.
Your responsibilities as Accounts Payable Manager at MJMK Restaurants will be:
- Take ownership of accounts payable processes to drive efficiencies
- Complete general AP duties - invoice processing, payment runs, banking, creditor ledger reconciliations etc.
- Daily monitoring of AP mailboxes
- Analysing the aged creditor report, reviewing the key supplier accounts weekly including rent, rates and direct debits
- Ensure zero debit balances on the supplier ledger
- System Management – manage the invoice approval system, keeping the approval matrices up to date
- Ensure compliance with company policies
- Managing the company's bank accounts (Natwest & Modulr), setting up payments and transfers, monitoring balances for month end
- Manage setup of new supplier accounts & credit terms
- Support cash-flow forecasting through accurate payment scheduling and identification of exceptional items
- Expenses & Company Card spending - review and implement a new process for the team to follow
- Support with posting accruals and prepayments
- Oversee system upgrades and reconciliation queries on the ledgers
- Maintain a sound understanding of VAT rules and their impact on invoice coding
- Build strong relationships and actively engage with suppliers and operations; conduct site visits when required
- Support with some balance sheet reconciliations
- Provide cover for payroll during times of sickness or absence
- Look for potential cost savings when reviewing invoices, and where time allows provide feedback to FC / FD on potential areas of overspend
Skills & Experience
- Must have accounts payable experience (3+ years)
- Experience with implementing new systems
- Strong analytical and organisational skills, with proficiency in Excel
- Knowledge of Xero preferred
- Hospitality experience preferred
- Proactive, collaborative, with excellent communication skills and a drive for process improvement
- Comfortable to work in a small team in a fast-paced environment
- AAT Qualified or proven knowledge of accounting and reporting standards, accruals & prepayments
- Working knowledge of VAT regulations
As an Accounts Payable Manager at MJMK Restaurants, we’ll offer you:
- £40,000 - £45,000 salary package, subject to experience
- 50% staff discount on food across all MJMK’s restaurants
- 33 days holidays at Support Office, including Bank Holidays
- Opportunity to develop your career with MJMK as we expand
- Mental health and well-being assistance with Hospitality Action who can offer free advice and counselling if you’re struggling at work or at home
- Enhanced maternity and paternity pay after your first year with us
- An enhanced pension plan and the opportunity to take a sabbatical for a month, with two weeks paid by MJMK, after you’ve worked with us for 5 years
This is an office-based role, working Monday - Friday. If you are a people-focused Accounts Payable Manager, who loves hospitality, get in touch!