Job Summary:The Accounts Payable Lead is responsible for overseeing the end-to-end accounts payable process, ensuring timely and accurate processing of invoices, vendor payments, reconciliations, and compliance with company policies. This role involves supervising the AP team, maintaining financial accuracy, and improving process efficiency.
Key Responsibilities:- Manage the complete Accounts Payable cycle including invoice verification, coding, approval tracking, and payment processing.
- Ensure timely vendor payments as per agreed credit terms.
- Review and validate invoices for accuracy, documentation, and approvals.
- Handle vendor reconciliations and resolve discrepancies professionally.
- Maintain accurate records of all transactions in ERP/accounting software.
- Monitor aging reports and ensure liabilities are properly recorded.
- Coordinate with internal departments for PO matching and GRN verification.
- Supervise and mentor junior AP team members.
- Ensure compliance with internal financial policies and statutory requirements.
- Support month-end and year-end closing activities.
- Prepare AP reports, MIS, and management summaries.
- Assist in audits by providing required documentation and clarification.
Required Skills & Competencies:- Strong knowledge of Accounts Payable processes
- Experience in ERP systems (Business Central 365/Continia/SAGE Intact/Stampli etc.)
- Excellent analytical and reconciliation skills
- Strong leadership and team handling ability
- High attention to detail and accuracy
- Good communication and vendor management skills
- Ability to meet deadlines and manage multiple priorities
Qualifications:- Bachelor's degree in Commerce (BCom) / Accounting / Finance
- MBA (Finance) or relevant certification preferred
- 47 years of experience in Accounts Payable
- Minimum 12 years of team handling experience (preferred)
Preferred Attributes:- Process improvement mindset
- Strong ethical standards and confidentiality
- Ability to work in a fast-paced environment
