Job Summary:
The Accounts Payable Lead will oversee the accounts payable department ensuring the accurate and timely processing of vendor invoices and payments. This role involves leading a team implementing process improvements and maintaining strong relationships with vendors and internal departments.
Responsibilities:
- Oversee and manage the daily operations of the accounts payable department
- Lead a team of accounts payable specialists providing guidance and support
- Review and approve high volume of invoices for accuracy completeness and proper authorization
- Ensure proper 2way and 3way matching of invoices purchase orders and receiving documents
- Code invoices to appropriate general ledger accounts and cost centers
- Prepare and process electronic transfers ACH payments and check runs
- Reconcile vendor statements and resolve discrepancies in a timely manner
- Maintain accurate and organized vendor records
- Communicate effectively with vendors and internal departments to resolve payment issues
- Ensure compliance with company policies and procedures regarding accounts payable
- Assist with monthend closing activities ensuring all invoices are processed and accounted for
- Generate accounts payable aging reports and other financial reports as needed
- Support the annual audit by providing necessary documentation and responding to auditor inquiries
- Identify opportunities for process improvements and implement best practices
- Perform other related duties and special projects as assigned
Qualifications:
- High school diploma or equivalent; Associates or Bachelors degree in Accounting or related field preferred
- Minimum of 3 years of experience in accounts payable with at least number years in a supervisory role
- Proficiency in accounting software and MS Office particularly Excel
- Strong understanding of accounts payable processes and basic accounting principles
- Excellent attention to detail and accuracy
Remote Work :
No