Responsibilities:

Team Leadership:

Supervise, train, and mentor accounts payable staff, fostering a collaborative and productive work environment.

Assign tasks and monitor workloads to ensure efficient and timely processing of invoices and payments.

Conduct regular performance evaluations and provide constructive feedback to team members.

Invoice Processing:

Review and verify invoices for accuracy, completeness, and adherence to company policies and procedures.

Coordinate with departments across the organization to obtain necessary approvals and resolve invoice discrepancies.

Maintain a systematic workflow for invoice coding, data entry, and approval routing.

Vendor Management:

Establish and maintain strong relationships with vendors, addressing inquiries and promptly resolving issues.

Collaborate with vendors to negotiate favorable terms, discounts, and payment arrangements.

Conduct periodic vendor performance assessments and recommend changes as necessary.

Financial Reporting:

Generate accounts payable reports and financial analyses for management review.

Reconcile accounts payable ledgers to ensure accuracy and completeness of financial records.

Assist in month-end and year-end closing activities, providing necessary documentation and support.

Process Improvement:

Identify opportunities to streamline and enhance the accounts payable process

Implement best practices to increase efficiency, reduce errors, and enhance internal controls.

Stay informed about industry trends and technologies to leverage automation and optimization.

Compliance and Audit:

Ensure compliance with relevant financial regulations, company policies, and internal controls.

Support internal and external audits by providing accurate documentation and explanations.

Implement and monitor processes to prevent fraudulent activities and unauthorized payments.

Qualifications:

Bachelor's degree in Finance, Accounting, Business Administration, or related field (Master's degree or relevant certification is a plus).

Proven experience (3+ years) in accounts payable, with a track record of progressively increasing responsibility and leadership.

Strong understanding of accounting principles, financial regulations, and accounts payable processes.

Proficiency in financial software and ERP systems; experience with accounts payable automation tools is preferred.

Excellent analytical skills and attention to detail.

Effective communication and interpersonal skills, with the ability to collaborate across departments and interact with vendors.

Strong organizational and time-management abilities to manage multiple priorities.

Leadership and team management skills, with the ability to motivate and develop team members.

Problem-solving orientation and a proactive approach to process improvement.

High level of integrity and ethics in handling sensitive financial information