The posting
Department: Finance
Reports to: Financial Controller
Direct Reports: 2 Accounts Payable Officers
Position Purpose:
The Accounts Payable Team Leader is responsible for overseeing the day-to-day operations of the Accounts Payable (AP) function, ensuring the accurate and timely processing of supplier invoices, payments, and bank reconciliations. The role leads and develops the AP team, drives process improvements, maintains strong internal controls, and supports the broader finance function in achieving organisational objectives.
Team Leadership
- Lead, coach and develop the Accounts Payable team.
- Allocate workloads and monitor team performance against KPIs.
- Conduct regular performance reviews and provide ongoing feedback and training.
- Foster a culture of accountability, continuous improvement, and customer service.
Accounts Payable Operations
- Oversee the end-to-end accounts payable process.
- Process supplier invoices accurately and in a timely manner.
- Ensure invoices are coded correctly to general ledger accounts.
- Resolve invoice discrepancies with vendors and internal stakeholders.
- Oversee payment run process.
- Perform supplier reconciliations and month-end activities.
- Ensure compliance with financial policies, GST requirements, and audit standards.
- Monitor aged payables and provide insights to management.
Key Performance Indicators (KPIs)
- Timely processing of invoices and supplier payments.
- Reduction in invoice processing errors and rework.
- Supplier query resolution within agreed service levels.
- Accurate month-end reconciliations and reporting.
- Achievement of team productivity and service targets.
- Compliance with internal controls and audit requirements.
- Identification and implementation of process improvement initiatives.
