Team Lead- Accounts Payable

We're Hiring | Team Lead - Accounts Payable | Chennai

An exciting opportunity awaits experienced Team Lead for Procure-to-Pay (P2P) professionals to join a large multinational organization in Chennai.

Accounts Payable Team Lead

Experience: 8–10 years

Location: Chennai

Employment Type: Full-time

About the Role

We are looking for an experienced Accounts Payable Team Lead to manage day-to-day AP operations and lead a team of accounts payable professionals. The ideal candidate will have strong knowledge of the end-to-end accounts payable process, proven team management experience, and the ability to ensure accurate and timely vendor payments while maintaining financial controls.

Key Responsibilities

• Lead, mentor, and manage the accounts payable team, ensuring timely delivery against agreed targets and service levels.
• Oversee end-to-end AP operations, including invoice verification, accounting, approvals, payment processing, and vendor reconciliations.
• Ensure accurate invoice processing through appropriate purchase order, goods receipt, and invoice matching.
• Plan payment runs, monitor payment due dates, and coordinate with treasury or finance teams on funding requirements.
• Resolve vendor queries, invoice discrepancies, and payment escalations.
• Review AP ageing, outstanding liabilities, advances, and overdue items, and drive timely resolution.
• Manage month-end and year-end AP activities, including accruals, reconciliations, and reporting.
• Maintain compliance with company policies, approval limits, applicable tax requirements, and internal controls.
• Monitor team performance, allocate workloads, identify training needs, and conduct performance reviews.
• Support internal and external audits by providing accurate records and timely responses.
• Identify opportunities for process improvement, automation, and stronger financial controls.
• Coordinate with procurement, business teams, and vendors to address operational issues.

Qualifications and Experience

• Bachelor's or Master's degree in Commerce, Finance, Accounting, or a related discipline.
• 8–10 years of relevant experience in accounts payable.
• Proven experience leading and managing a team within an accounts payable department.
• Strong understanding of procure-to-pay processes, vendor accounting, reconciliations, and financial controls.
• Hands-on experience with ERP/accounting systems such as SAP, Oracle, Microsoft Dynamics, or equivalent.
• Proficiency in Microsoft Excel and AP reporting.

Key Skills

• Team leadership and people management.
• Analytical thinking and problem-solving.
• Attention to detail and accuracy.
• Clear communication and stakeholder management.
• Ability to manage deadlines, competing priorities, and high transaction volumes.
• Continuous improvement mindset and ownership of outcomes.

How to Apply

Apply through LinkedIn with your updated resume, highlighting your accounts payable experience, team size managed, and ERP systems used.