The Accounts Payable Team Lead is responsible for team performance and also act as the first-point of contact for all end-to-end Accounts Payable processes. Cooperates closely with other departments at Client. Act as the 1st escalation point for the client.
Your duties will include but are not restricted to:
- Responsible for providing outstanding customer service to Clients suppliers, corporate departments, and sales branches by staying within Service Level Agreements
- Ensures that Client obtains the correct, maximum dollars allowed as well as ensures an accurate valuation of Clients financial and system inventories
- Performs basic accounting functions such as reconciling accounts to general ledger, preparing journal entries, determining adequacy of reserves, and preparing monthly reporting packages
- Review, correct, and update sub ledger transactions as required
- Research sales, purchasing, and inventory transactions to determine correct transaction value
- Maintain open communication with supplier contacts as well as sales branch and asset personnel in order to obtain and maintain up-to-date supplier information
- Prepare accounting information for supplier visits and attend supplier meetings
- Prepare manual debit and credit memos as required.
- Analyze/review vendor statements for accuracy, resolve less complex invoice discrepancies and entering data into system
- Prepare and process accounts payable checks, wire transfers and ACH payments
- Communicates less complex AP related processes and status to external and internal suppliers written and verbally
JOB COMPLEXITY
- Self-motivated with a hardworking and proactive approach.
- Strong desire to give excellent customer service i.e. resolving enquiries efficiently and professionally.
- Capable of having a high-level understanding of the Client product portfolio (training will be given).
- Assist manager to streamline and strengthen control on the process of working capital related tasks, co-ordinate with different counterparties to drive improvement
- Support day-to-day financial activities, including but not limited to reviewing of purchase requisitions, payment requests, capital expenditures
- Ability to demonstrate that the individual can work effectively under their own initiative and as a responsible, conscientious and reliable team member.
- Sound business acumen and ability to understand and interact with the customer.
- Competent in standard Microsoft Office applications.
A FEW THINGS YOU ARE AN EXPERT AT
- Fluency in English (Spoken & Written)
- Fast learner with the ability to pick up new systems and processes
- Great attention to detail and multitasking
- Excellent MS Office skills, particularly Excel (v-lookup, pivot tables)
- Numerate with accounting knowledge and adept with Supply chain management accounting / Cost accounting / Inventory accounting (preferably Electronic industry)
- Experience from a similar role would be an advantage
Qualifications:
- Typically requires a bachelors degree with 6-8 years of experience or Masters degree / Qualified Accountant with 5 years of experience.
- Strong sense of ownership and curiosity to learn new skills.
- Assist manager to streamline and strengthen control on the process of working capital related tasks, co-ordinate with different counterparties to drive improvement
- Great interpersonal skills and ability to work well with others.
- Excellent written and oral communication skills.
- Strong problem-solving and analytical skills.
- Strong time management skills and able to meet competing deadlines.
- Results orientation with an ability to collaborate with different individuals
- English language proficiency is a must.
The Accounts Payable Lead is responsible for processing company invoices and end-to-end Accounts Payable processes has a daily contact with suppliers and cooperates closely with other departments at Client.
Your duties will include but are not restricted to:
- Under limited supervision, responsible for providing routine to moderately complex accounting support by the tracking and collecting of supplier pricing programs with higher thresholds than the coordinator.
- Serves as lead to a team of Supplier Accounting Coordinators / Individual contributor roles and is the initial escalation point for more complex issues
- Responsible for providing outstanding customer service to Clients suppliers, corporate departments, and sales branches by staying within Service Level Agreements
- Ensures that Client obtains the correct, maximum dollars allowed as well as ensures an accurate valuation of Clients financial and system inventories
- Performs basic accounting functions such as reconciling accounts to general ledger, preparing journal entries, determining adequacy of reserves, and preparing monthly reporting packages
- Review, correct, and update sub ledger transactions as required
- Research sales, purchasing, and inventory transactions to determine correct transaction value
- Maintain open communication with supplier contacts as well as sales branch and asset personnel in order to obtain and maintain up-to-date supplier information
- Prepare accounting information for supplier visits and attend supplier meetings
- Prepare manual debit and credit memos as required.
- Analyze/review vendor statements for accuracy, resolve less complex invoice discrepancies and entering data into system
- Prepare and process accounts payable checks, wire transfers and ACH payments
- Communicates less complex AP related processes and status to external and internal suppliers written and verbally
JOB COMPLEXITY
- Self-motivated with a hardworking and proactive approach.
- Strong desire to give excellent customer service i.e. resolving enquiries efficiently and professionally.
- Capable of having a high-level understanding of the Client product portfolio (training will be given).
- A confident self-starter and strong team player.
- Ability to cope under pressure and prioritise work accordingly.
- Ability to demonstrate that the individual can work effectively under their own initiative and as a responsible, conscientious and reliable team member.
- Sound business acumen and ability to understand and interact with the customer.
- Competent in standard Microsoft Office applications.
A FEW THINGS YOU ARE AN EXPERT AT
- Fluency in English (Spoken & Written)
- Fast learner with the ability to pick up new systems and processes
- Great attention to detail and multitasking
- Excellent MS Office skills, particularly Excel (v-lookup, pivot tables)
- Numerate with accounting knowledge and adept with Supply chain management accounting / Cost accounting / Inventory accounting (preferably Electronic industry)
- Experience from a similar role would be an advantage
Qualifications:
- Typically requires a Bachelors degree with 5+ years of experience or Masters degree in Accounting with 4 years of experience.
- Strong sense of ownership and curiosity to learn new skills.
- Great interpersonal skills and ability to work well with others.
- Excellent written and oral communication skills.
- Strong problem-solving and analytical skills.
- Strong time management skills and able to meet competing deadlines.
- Results orientation with an ability to collaborate with different individuals
- English language proficiency is a must.
