Accounts Payable Team Lead

4 weeks ago


Markham, Canada Black & McDonald Limited Full time

**ABOUT THIS CAREER OPPORTUNITY**

Black & McDonald's Southern Ontario team is growing If you are committed and collaborative professional looking to contribute to a hard-working, innovative team, this opportunity is for you.

The Accounts Payable Team Lead is located in Markham, Ontario and typically reports directly to the Accounts Payable Manager. Under the guidance of the AP Manager, their primary focus is leading the Accounts Payable team. The AP team is comprised of 8-10 staff. Duties and responsibilities include but are not limited to:

- Under the supervision of the AP Manager, review and manage a team of accounts payable administrators
- Assist in team training as required
- Review and process accounts payable transactions accurately and timely, ensuring proper procedures are followed and deadlines are met
- Manage vendor accounts and reconcile vendor statements monthly and responding to their inquiries on a timely basis
- Accurate posting of invoices using three-way match, two-way match and standard voucher
- Posting of employee expenses and review of coding
- Obtaining required approval of invoices prior to posting and/or payment
- Address any invoice discrepancies
- Maintain accounts payable days at 45 days or more
- Prepare weekly cash requirements for EFT, cheque and online bill payments
- Complete detailed cost coding of vendor invoices in excel format
- Responsible for maintaining a schedule of accounts payable to ensure that bill payments are prioritized for cash-flow management
- Communicates with vendors and internal customers, when necessary, to correct and modify invoices/payments
- Processes various reports, audits, and/or reconciliations including the creation of ad hoc reporting monthly, quarterly, annually
- Work with auditors with respect to A/P inquiries
- Preparation of filing for T5018 Subcontractor payments

**COMPETENCY REQUIREMENTS**
- Change Orientation
- Communicates Effectively
- Continuous Learning
- Customer Focus
- Holds Self and Others Accountable
- Problem Solving and Innovation
- Teamwork and Collaboration
- Values and Respects Others
- Coaches and Develops
- Maximizes Business Performance and Team Effectiveness

**EDUCATION REQUIREMENTS**
- University/College degree in related field including knowledge and understanding of basic accounting concepts
- Accounts payable certification (preferred)

**WORK EXPERIENCE REQUIREMENTS**
- Minimum 5-10 years of experience in a senior level Accounts Payable position
- Experience in the Construction Sector or a construction related industry is required
- Experience in managing or coaching a team

**SKILLS, ABILITIES, AND OTHER REQUIREMENTS**
- Advanced skills in Microsoft Excel
- Strong abilities in learning and implementing new software; tech savvy
- Sound understanding of general ledger accounts and coding of expense reports
- Familiar with sales taxes and GST/HST across Canada
- JD Edwards knowledge at the intermediate level is preferred
- Demonstrated ability to deal with a variety of people and answer queries in a professional manner
- Strong analytical and organizational skills
- Demonstrated critical thinking skills
- Excellent communication skills, both verbal and written
- Flexible team player with the ability to function independently while working in a team environment
- Proven ability to accurately handle high volume of transactions, meet deadlines and prioritize workload in a fast-paced environment
- Advanced skills with Excel, Outlook, MS Office Word
- Criminal Background Check required



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