Accounts Payable Team Lead

Purpose of Position

The AP Team Lead in our Shared Service Operation is a leader within the AP team, ensuring strong communications / relationships with vendors, internal customers, and senior management. Provides supervision of the AP department for employees at entry or intermediate level as well as training and mentoring. Ensures correct and timely posting of invoices, maintains accurate financial records, and adherence to internal controls.

Responsibilities

• Overall daily supervision of Accounts Payable team
• Review workload allocation and ensure timely completion of deliverables
• Monitors performance and ensures individual and team objectives are met
• Performs audit / quality controls
• Develop department metrics and ensure KPI / SLAs are met
• Provides performance feedback during coaching sessions, 1 : 1s
• Identify opportunities for process improvements and implement changes
• Implement best practices to improve KPI results
• Define action plans to mitigate errors on processing
• Ensure SOPs completion and changes are updated accordingly
• Responsible for compliance with internal controls
• Provide guidance to resolve complex issues, discrepancies
• Assist with efficient and timely month end closing
• Ad hoc responsibilities as assigned

Minimum Skills Required

Preferred but not Essential