Accounts Payable Team Leader

SUMMARY:
Ready to Transform Finances and Boost Bottom Lines?

POSITION INFO:
Job & Company Descriptions:
I specialize in placing professionals in the financial space. My clients are consistently on the lookout for accomplished Accounts Payable Team Leader with hands on experience, strong academic records and a stable work track record.

As an Accounts Payable Team Leader, you will be responsible for the following:
Query Resolution:

• Resolve all reconciling items between vendor statements and D365 within 21 days to avoid late payments to vendors.
• Allocate processing equally among team members and ensure accurate capturing within the allocated time.
• Escalate queries according to the internal escalation procedure.
• Review the query management portal daily to ensure compliance, address bursar responses, and escalate non-responses as necessary.
• Represent the team in weekly reviews with the AP Manager on outstanding queries.

Reporting Review:

• Represent the team in weekly reviews with the AP Manager on the GRIR Report for items over 90 days.
• Review age analysis weekly to ensure items are not aging and that remittance and clearing have been processed.
• Follow up on debit balances with the AP Manager.

Payments:

• Review age analysis weekly in preparation for payments and at the end of each week to confirm remittance advices have been successfully run.
• Ensure vendors are paid according to agreed payment terms in D365.
• Extract and check payment proposals before submitting them to the AP Manager and the second signatory for approval.
• Save payment packs in the prescribed location for review and action.

Audit and Year-End Preparation:

• Comply with audit and year-end requirements by providing necessary supporting documentation, commentary, reports, and prescribed checks and balances.
• Perform close-off checks for yourself and the team.

Leadership:

• Represent the team in all reviews with the AP Manager.
• Conduct team monthly one-on-ones, manage performance (including IR), handle performance development, and participate in recruitment aspects.

Qualifications:
Completed Matric
Completed finance qualification

Skills:
3-5 years’ experience in a similar position
Attention to detail
Experience in a Shared Service environment

If you are interested in this opportunity, please apply directly. For more finance jobs, please visit
If you have not had any response in two weeks, please consider the vacancy application unsuccessful. Your profile will be kept on our database for any other suitable roles / positions.

 

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