Position Summary

The Accounts Payable Team lead role is responsible for the end to end transactional processes related to Accounts Payable functions. Responsible for month-end closing activities, including adherence to timelines, accuracy of payables balances and ledger postings. This position requires accounts payable and full understanding of the P2P process experience in a shared service environment, proficiency in MS Word and Excel, and the ability to work cross-functionally in a dynamic, fast-paced environment.

Principal Responsibilities

AP accounting tasks including but are not limited to:

• Processes accounts payable invoice matching and verifying with purchase orders, delivery Order/goods receipts.
• Ensure accounts payable invoice and expenses claims are accurate, properly coded and approved by relevant cost center Manager.
• Generates electronics (online) payments to vendors, ensure cheques are authorized and in line with Corporate Policy and processes.
• New Vendor registration to ERP, correspond with vendors and respond to inquiries, reconciling Supplier Statement
• Clear and reconcile unallocated payments in ERP systems
• Ensures completeness of balance sheet schedule every month include reconciliation of payments, prepare analysis of accounts, monitor accounts to ensure payments are up to date.
• Research and resolve invoice/GRIR discrepancies issues
• Prepare journal voucher, ensure timely closing of AP

Support projects on:

• End-to-end P2P Process Improvement, standardization on invoice processing and payment.
• AP Automation project to reduce manual inputs and intervention for AP invoice posting.
• Identify opportunities to optimize processes and eliminate process inefficiencies and redundancies.
• Documentation of workflow and work instructions on new process upon implementation.
• Review policies and procedures to propose best practices to standardize and enhance internal control safeguards and SOX compliance
• Other ad-hoc duties as required and/or assigned.

• Degree in Accounting/ Finance
• 4 -5 years of relevant experience in AP
• People management exposure