Accounts Payable Team Lead
1 month ago
Black & McDonald Limited is seeking a highly skilled and experienced Accounts Payable Team Lead to join our Southern Ontario team. As a key member of our finance team, you will be responsible for overseeing the day-to-day operations of the Accounts Payable department, ensuring accurate and timely processing of transactions, and managing a team of accounts payable specialists.
Key Responsibilities- Team Management: Lead and manage a team of accounts payable specialists, providing guidance, training, and support as needed.
- Transaction Processing: Review and process accounts payable transactions with accuracy and timeliness, ensuring proper procedures are followed and deadlines are met.
- Vendor Management: Oversee vendor accounts, including monthly reconciliations and responding to vendor inquiries promptly.
- Invoice Handling: Accurately match and post invoices using automated AP platforms, obtaining necessary approvals before posting or payment.
- Expense Posting: Post employee expenses and review coding and taxes for accuracy.
- Discrepancy Resolution: Address and resolve any discrepancies related to invoices or payments.
- Payment Processing: Ensure all payments are made by the due date, preparing weekly cash requirements for EFT, cheque, and online bill payments.
- Communication: Communicate with vendors and internal customers to correct and modify invoices or payments as necessary.
- Reporting & Reconciliation: Process various reports, audits, and reconciliations, including the creation of ad hoc reporting on a monthly, quarterly, and annual basis.
- Change Orientation: Demonstrate adaptability and flexibility in a fast-paced environment.
- Communicates Effectively: Provide clear and concise communication to stakeholders.
- Continuous Learning: Stay up-to-date with industry trends and best practices.
- Customer Focus: Prioritize customer satisfaction and needs.
- Holds Self and Others Accountable: Take ownership of tasks and responsibilities.
- Problem Solving and Innovation: Develop creative solutions to complex problems.
- Teamwork and Collaboration: Foster a collaborative and inclusive team environment.
- Values and Respects Others: Demonstrate respect and empathy towards colleagues and stakeholders.
- Coaches and Develops: Provide guidance and support to team members.
- Maximizes Business Performance and Team Effectiveness: Drive business results and team success.
- University/College Degree: A degree in a related field, including knowledge and understanding of basic accounting concepts.
- Accounts Payable Certification: Preferred, but not required.
- Minimum 5 Years of Experience: In accounts payable, with at least 2 years in a supervisory role.
- Construction Sector Experience: Preferred, but not required.
- Advanced Microsoft Excel Skills: Required.
- Strong Analytical and Organizational Skills: Essential.
- JD Edwards Knowledge: Preferred, but not required.
- Criminal Background Check: Required.
Black & McDonald Limited welcomes and encourages applications from persons with disabilities. Accommodations are available upon request for candidates taking part in all aspects of the recruitment and selection process.
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