Accounts Payable Team Lead

7 days ago


King City, Ontario, Canada Vaco Full time
Job Title: Accounts Payable Team Lead

About the Opportunity
This is an exciting opportunity to join a dynamic team as an Accounts Payable Team Lead. The ideal candidate will have extensive experience in accounts payable and vendor management, with a proven track record of coaching, setting performance expectations, and managing schedules of expected deliverables for a small group of direct reports.

Key Responsibilities
* Full ownership of accounts payable processes and functions* Approving vendor setups and changes* Building relationships and liaising with multiple vendors and suppliers, negotiating payment terms* Reviewing aging lists and ensuring timely payment of invoices coming due* Verifying approval details for invoices and/or contracts before final payments are released* Managing month-end accrual process to ensure accuracy and completeness* Ensuring effectiveness of internal controls within accounts payable* Month-end general ledger account reconciliations for vendor accounts payable, capital assets, and prepaid expenses* Proper record-keeping, filing, and storage for AP documents* Updating and maintaining standard operating procedures* Processing journal entries and ensuring accounts tie to source documents* Assisting with period-end audits and reviews performed by independent accounting firms* Providing backup, when necessary or requested, for daily AP activities, such as invoice processing, communication with vendors, setting up payments in the bank, managing invoice approval workflows, etc.

About You
Minimum 3 - 5 years relevant supervisory experience in accounts payable and vendor management* Experience in reviewing bank transactions, preparing reconciliations, and investigating variances* Familiarity with Sage 300, Quadient, and/or SAP Concur (or similar packages) is a plus* Ability to multi-task, prioritize, and manage time effectively* Excellent organization skills and attention to detail* Positive attitude with a solutions-oriented approach* Excellent interpersonal and verbal/written communication skills* Ability to work independently as well as in a team environment* Ability to develop good working relationships with multiple departments* Respect for highly confidential information* Strong organizational and problem-solving skills* General familiarity with AP accounting module functionalities and best practices* Experience working with Microsoft Excel* Salary Range: $70,000 - $75,000 per year

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