Accounts Payable Team Lead

SUMMARY:

The AP Team Lead is responsible for overseeing Accounts Payable process, developing and maintaining AP principles, practices and procedures to ensure accurate and timely payments. The AP Manager supervises the AP Senior Associates, providing support and guidance for special handling and issue resolutions, and is responsible for managing the team to ensure work is properly allocated and completed in a timely and accurate manner.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

Team Management Responsibilities

• Ensures timecards are entered accurately and on time.
• Distributes and directs work to the Accounts Payable team
• Drives high quality output
• Oversees accounts payable operations and assists staff with resolutions.
• Assists with training new staff and mentoring Accounts Payable Senior Associates
• Documents policies, procedures and workflow for assigned areas of responsibility.
• Implements process improvements and efficiencies.
• Manage special projects as assigned by Accounting Head

AP Expertise

• Reviews the posted invoice for completeness and accuracy and notifies the Accounts payable (AP) Senior Associates Of any necessary corrections
• Conducts necessary checking and review and provides advice to resolve issues encountered
• Investigates and coordinates with different teams to validate payment status provides resolution to issues encountered related to payables
• Provides guidance on special handling and resolution of issues encountered during the invoice and payment processing as well as vendor data updates.
• Maintains accurate supplier data in the system and ensures necessary supporting documentations are provided
• Sets priorities for the team to ensure task completion and coordinates work activities with other supervisors
• Makes operational decision guided by policies, procedures and business plan, while receiving guidance and oversight from management