Job Description
This role is a business critical role overseeing the onboarding and risk monitoring of suppliers and customers of NEXT.
The role leads a team of 6 FTE in the onboarding and ongoing maintenance of over 5,000 suppliers, with key interfaces into the Compliance team, Legal team, Business Directors and Strategic Suppliers.
The role sits within the wider Finance Operations team, supporting Next's Retail, Online and Total Platform Partner businesses.
Key Responsibilities;
Onboarding of Partners -
You know Next, but did you know we're a FTSE-100 retail company employing over 35,000 people across the UK and Ireland. We're the UK's 2nd largest fashion retailer and for Kidswear we're the market leader. At the last count we have over 500 stores, plus the Next Online and it's now possible to buy on-line from over 70 countries around the world! So we've gone global!
About the Team
We aim to support all candidates during the application process and are happy to provide workplace adjustments when necessary. Should you need support with your application due to a disability or long-term condition, feel free to get in touch with us by email headoffice_careers@next.co.uk (please include 'Workplace Adjustments' in the subject line), or call us on 0116 284 2486 and leave a voicemail.
This role is a business critical role overseeing the onboarding and risk monitoring of suppliers and customers of NEXT.
The role leads a team of 6 FTE in the onboarding and ongoing maintenance of over 5,000 suppliers, with key interfaces into the Compliance team, Legal team, Business Directors and Strategic Suppliers.
The role sits within the wider Finance Operations team, supporting Next's Retail, Online and Total Platform Partner businesses.
Key Responsibilities;
Onboarding of Partners -
- Lead a team of 6 FTE in onboarding and maintaining NEXT's supplier base
- Track and manage the end to end completion of all compliance steps, actions and events in setting up a new supplier or changing details, execute reviews and escalate appropriately
- Conduct due diligence on potential suppliers and customers to assess their suitability and compliance with NEXT's standards
- Key approver of applications to set up or amend supplier details, providing business directors and senior management with recommendations based on risk assessments and vetted outcomes
- Facilitate cross-functional collaboration across Finance Operations to resolve any issues related to supplier or customer onboarding
- Identify opportunities for streamlining and enhancing the supplier and customer onboarding process
- Maintaining policy, user guides, supplier welcome packs , documentation and process flows for the end to end set up and onboarding of new suppliers / partners and change of details of existing suppliers/ partners
- Providing timely and accurate advice to the business.
- Work closely with other compliance functions including Legal, Information Security, Fraud, Audit and Tax in addition to the wider Accounts Payable function
- Assess the business's exposure to identify possible compliance risks.
- Establish and deploy a supplier/customer monitoring strategy.
- Keep abreast of regulatory developments within or outside of the company as well as evolving best practices in compliance, risk and control.
- Review the work of colleagues where necessary to identify compliance issues and provide advice training where appropriate.
- Continuously develop the team to have the right level of capability and competence and to consistently deliver the highest standards of compliance.
- Ensure the team is highly organised and adaptable to the changing needs of the business.
- Superior attention to detail, analytical and reasoning skills together with strong ability to examine external and internal vetting documentation
- Excellent organisational and time management skills
- Supplier Relationship Management
- Project management skills and ability to link with different departments.
- Strong leadership and track record of developing a team
- Versatile and flexible approach to adapt to evolving situations
- Ability to work at pace
- Operational team management
- Experience of working in a regulated environment, ideally financial services
- Experience at designing and using dashboards to report on performance and insight based decision making
- Certified compliance professional (preferred but not essential)
You know Next, but did you know we're a FTSE-100 retail company employing over 35,000 people across the UK and Ireland. We're the UK's 2nd largest fashion retailer and for Kidswear we're the market leader. At the last count we have over 500 stores, plus the Next Online and it's now possible to buy on-line from over 70 countries around the world! So we've gone global!
About the Team
- 25% off most NEXT, MADE*, Lipsy*, Gap* and Victoria's Secret* products (*when purchased through NEXT)
- Company performance based bonus
- Sharesave scheme
- On-site Nursery available; OFSTED outstanding in all areas
- 10% off most partner brands & up to 15% off Branded Beauty
- Early VIP access to sale stock
- Access to fantastic discounts at our Staff Shops
- Restaurants with great food at amazing prices
- Access a digital GP and other free health and wellbeing services
- Free on-site parking
- Financial Wellbeing - Save, track and enhance your financial wellbeing
- Apprenticeship - Grow and develop on the job whilst gaining a qualification
- Direct to Work - Discount online and instore, collect your items the next day for free from your place of work or local store
- Support Networks - Access to Network Groups to empower and celebrate each other
- Wellhub - Discounted flexible monthly gym memberships, with apps, PT sessions and more
We aim to support all candidates during the application process and are happy to provide workplace adjustments when necessary. Should you need support with your application due to a disability or long-term condition, feel free to get in touch with us by email headoffice_careers@next.co.uk (please include 'Workplace Adjustments' in the subject line), or call us on 0116 284 2486 and leave a voicemail.