Senior Team Lead | Record to report | Bengaluru Eco space | Finance Transformation | Finance Operate

The Senior Team Lead - Accounts Payable will oversee the accounts payable operations, ensuring timely and accurate processing of invoices, payments, and reconciliations. This role requires leadership skills to manage a team, optimize processes, and ensure compliance with company policies and regulatory requirements. The ideal candidate will drive performance, streamline workflows, and maintain strong vendor relationships.

- Team Management and Leadership:

Ø Supervise and mentor a team of accounts payable associates.

Ø Set performance goals, monitor KPIs, and conduct regular performance reviews.

Ø Provide training and guidance to team members to enhance their skills and knowledge.

- Invoice and Payment Processing:

Ø Oversee the end-to-end invoice processing workflow (PO and Non-PO) to ensure accuracy and timeliness.

Ø Manage and review payment runs, including checks, wire transfers, and ACH payments.

Ø Ensure duplicate checks and controls are in place to prevent overpayments.

- Vendor Management and Issue Resolution:

Ø Serve as the escalation point for vendor queries and disputes.

Ø Collaborate with vendors and internal teams to resolve discrepancies and ensure smooth operations.

Ø Maintain strong relationships with vendors and stakeholders.

- Process Improvement and Automation:

Ø Identify opportunities for process optimization and implement efficiency improvements.

Ø Work on automation initiatives such as OCR, ERP upgrades, and AP workflow enhancements.

Ø Develop and update SOPs for standardizing AP processes.

- Compliance and Reporting:

Ø Ensure adherence to internal controls, company policies, and SOX compliance.

Ø Support internal and external audits by preparing and providing necessary documentation.

Ø Generate regular AP reports (aging reports, payment forecasts, accruals) and present insights to leadership.