Accounts Payable Lead Job Description

Accounts Payable Lead Job Description

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Accounts payable lead provides leadership in the accounts payable function and to the accounting operations including designing, implementing and maintaining effective accounts payable and accounting policies and SOX Controls.

Accounts Payable Lead Duties & Responsibilities

To write an effective accounts payable lead job description, begin by listing detailed duties, responsibilities and expectations. We have included accounts payable lead job description templates that you can modify and use.

Sample responsibilities for this position include:

Assist senior accounting manager in improving accounting reporting control system with sound compliance system in place and to upload the accounting corporate procedures in SAP DMS system
Ensure transactions are recorded in accordance with GAAP and provide support during financial audits
Assist with miscellaneous projects as required by the Accounting Manager or Chief Financial Officer
Monitoring bank accounts on a daily basis to ensure availability of funds before processing payments to vendor and inter-company
Reviewing monthly and quarterly provisions and interacting with various Business and Departments in obtaining clarifications
Periodically reviewing, tracking and reporting the performance of Accounts Payable team with external bench marking, simplify the processes and improve team's performance
Ensuring Adherence to SOX requirements and periodic review of SOX documentation for the processes of P2P and FSCP and liaison with auditors
Reviewing of the company's New York finance operations including GL's, financials, fixed assets management and acting as a liaison with internal and external auditors and twice in a month visits to Site
Compliance with statutory requirements including issuance of 1099s to vendors, collecting W9 and W8 as required for processing payments to vendors
Participating in closing activities and dealing with user teams

Accounts Payable Lead Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Accounts Payable Lead

List any licenses or certifications required by the position: AP, APS, UK, PMI, APD, APM, CAPS, A/P

Education for Accounts Payable Lead

Typically a job would require a certain level of education.

Employers hiring for the accounts payable lead job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Associate Degree in Accounting, Finance, Business, Education, Associates, Business/Administration, Management, General Education, Technical, MBA

Skills for Accounts Payable Lead

Desired skills for accounts payable lead include:

Accounts payable best practices
Basic accounting concepts
Excel
GAAP
MS Word
Microsoft Office
Oracle
Outlook
Accounting
Comfort with Oracle applications

Desired experience for accounts payable lead includes:

At least 5 years experience in progressive, full cycle accounts payable roles, including management
Review Accounts Payable, execute payment control and supervise the entire payment process to comply with internal control system
To submit the treasury report and schedules on a timely manner with accurate information
Participate in improvement process in various schedules automation projects
Participate in the audit process include pre-audit planning, follow up closely on outstanding matters, schedule preparation & the completion of annual report
Experience in SGX listed company, and compliances

Accounts Payable Lead Examples

1

Accounts Payable Lead Job Description

Job Description Example
Our company is growing rapidly and is looking for an accounts payable lead. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for accounts payable lead
  • Experience with Concur and Great Plains a plus, but not required
  • Prepare the bi-weekly and monthly payroll files in conjunction with HR
  • Disburses petty cash by recording entry
  • Manage the payables team
  • Work with staff to ensure receipt of invoices, accurate entry into the AP system and timely payments
  • Ensure that invoices are entered accurately and in a timely manner
  • Maintain positive communication and relations with vendors
  • Process incoming invoices, reconcile monthly statements, process credit card accounts
  • Ad-hoc tasks and projects that arise
  • Process payments including US payments (via check and electronic file delivery), US employee reimbursements, manual check requests, employee expense advances and reimbursements
Qualifications for accounts payable lead
  • Minimum 5 years' of relevant working experience in manufacturing environment
  • Experience in SAP (FI & CO Module) is an added advantage
  • Possess positive working attitude, self-motivated, independent, and great sense of responsibility
  • Experience with Travel and Expense management processes and systems
  • Proficiency in ERP software is required
  • Interpersonal savvy with ability to operate at a senior level in collaboration with diverse internal and external executives
2

Accounts Payable Lead Job Description

Job Description Example
Our growing company is looking for an accounts payable lead. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for accounts payable lead
  • Accounting concept understanding & experience required
  • Provide leadership to accounts payable team
  • Support Accounts Payable Manager
  • Process accounts payable invoices and related vendor payments
  • Review processes to insure proper general ledger account coding
  • Assist on monthly reconciliation and closing of accounts payable sub-ledger
  • Maintain vendor master files
  • Respond to internal and vendor inquiries
  • Review and reconcile various general ledger account balances related to accounts payable
  • Prepare and process journal entries if needed
Qualifications for accounts payable lead
  • At least 3 years in a role relevant to Accounts Payable
  • Ability to create and leverage networks within the organisation
  • 4+ years' experience in AP function preferably in a multinational environment
  • Exposure to Payroll would be an advantage
  • You are proficient with MS Office, especially Excel
  • Proficient in business English and Czech
3

Accounts Payable Lead Job Description

Job Description Example
Our company is searching for experienced candidates for the position of accounts payable lead. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for accounts payable lead
  • Assist with balance sheet reconciliation in conjunction with Corporate Accounting
  • Perform filing of documents as required
  • Other assigned duties, responsibilities and special projects
  • You will coordinate a team of Customer Response Centre Representatives to assure high quality of Customer Service & query resolution
  • You will be responsible to achieve green KPIs for respective markets in scope and backup for remaining entities
  • You will be first escalation point for problem resolution
  • You will provide Procure to Pay process expertise
  • You will coordinate and maintain process documentation
  • You will training and transfer of knowledge among the team – new process or projects
  • You will assure the adequacy of business controls through review, analysis verification
Qualifications for accounts payable lead
  • Proficient in business English and French, knowledge of Spanish a strong plus
  • Ability to work independently and make sound decisions with limited supervision
  • Knowledge of accounts payable best practices
  • PC skills including Word and spreadsheet processing
  • Good interpersonal skillset to motivate staff
  • Proficient in business English, German nice to have
4

Accounts Payable Lead Job Description

Job Description Example
Our company is growing rapidly and is looking to fill the role of accounts payable lead. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for accounts payable lead
  • Implement best practices for reporting results to upper management
  • Assist with month and year-end closing for Accounts Payable
  • Supervise approximately 10 AP staff (Senior AP accountants, payment analysts and AP accountants)
  • Manage the relevant Business Unit Accounts Payable processing activities
  • Review and approve G/L reconciliation prepared by A/P Accountants
  • Identify, drive and sustain AP process improvements and cost efficiency
  • Lead implementation of technology-related process improvement opportunities
  • Plan, organize, lead and control the work of the staff to ensure that objectives are achieved and services are delivered to the customers/stakeholders
  • Manage the performance of staff members, including hiring, training, coaching, performance correcting (disciplinary actions), and career planning and salary recommendations
  • Responsible for delivering results on Service Level Agreements and related Key Performance Indicators
Qualifications for accounts payable lead
  • Strong organizational and analytical skills, , problem solving and decision making abilities required
  • In-depth process knowledge
  • Timberline/Sage preferred
  • Positive attitude and ability to effectively communicate with management
  • Fluency in English and Dutch – Spoken and written
  • Ability to troubleshoot PeopleSoft application engines, SQR’s, and PeopleCode
5

Accounts Payable Lead Job Description

Job Description Example
Our company is growing rapidly and is looking to fill the role of accounts payable lead. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for accounts payable lead
  • Supervise the AP trade process including working closely with cash management, inventory and employee T&E transactions
  • Prepare cash requirements daily for management for OU601 and OU604
  • Prepare and process credit card transactions maintain tracker of rebates from credit card transactions
  • Create and maintain trackers for recurring, digital and rent expenses maintain marketing purchase order log monthly
  • Communicate with internal and external customers regarding payment information
  • Support implementation of new projects which will support continuous improvement
  • Monitors and oversees overall activities of the vendor relations and vendor analyst functions disbursement analyst and ap analyst as need
  • Monitor, evaluate and report metrics to management
  • Provide end to end support to employees, vendors (customers) by getting a 360* view of the P2P cycle and process
  • Audit and process payments in assigned focus at a high volume & accuracy level, and review payments processed by team members
Qualifications for accounts payable lead
  • Proficient in business English and French
  • AP experience
  • 3+ years’ experience in accounts payable strongly preferred
  • 3 plus years of full cycle AP invoice processing experience, required
  • 2 plus years of leadership or supervisory experience, required
  • Purchase order experience, required

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