The Accounts Payable Team Lead oversees the end-to-end AP process, ensuring accurate and timely invoice processing, payments, and reconciliations. This role leads a team, drives process efficiency, ensures compliance with internal controls and company policies, and supports continuous improvement initiatives.
Key Responsibilities:
- Lead, coach, and support the Accounts Payable team to ensure strong performance and timely deliverables.
- Monitor workloads, provide guidance, and conduct performance reviews and training.
- Oversee the end-to-end AP process, from invoice receipt to payment execution.
- Ensure accurate and timely vendor payments (checks, wire transfers, and electronic payments).
- Manage recurring, ad hoc, and complex payment transactions.
- Ensure compliance with accounting standards, company policies, and internal controls.
- Serve as the primary point of contact for vendor inquiries and resolve payment issues promptly.
- Prepare and review AP reports, aging schedules, and key performance indicators (KPIs).
- Support internal and external audits related to Accounts Payable.
- Identify and implement process improvements and system enhancements to optimize AP operations.
Qualifications:
- Bachelor's degree in Accounting, Finance, or a related field.
- At least 5 years of Accounts Payable experience, with a minimum of 2 years in a leadership or supervisory role.
- Strong knowledge of end-to-end AP processes, accounting principles, and internal controls.
- Proficiency in ERP systems (e.g., SAP, Oracle, NetSuite) and MS Excel.
- Excellent analytical, organizational, and communication skills.
- Ability to work under pressure, manage multiple priorities, and meet deadlines.
