Senior Accounts Payable Leader

The Accounts Payable Team Lead is responsible for leading the offshore team and ensuring all queries and requests are resolved in a timely and professional manner.

Key Responsibilities:

• Performing all duties of the Accounts Payable function including accurate and timely processing of invoices, undertaking payment to suppliers, and ensuring all queries and requests are resolved in a timely and professional manner.
• Leading the offshore team and fostering an environment of teamwork through facilitation of regular team meetings, 1:1s with direct reports, celebrating team and individual wins, and promoting other opportunities for collaboration.
• Providing ongoing professional development of team members including coaching, training, and mentoring to ensure the team have up to date knowledge and skills to achieve objectives.
• Evaluating and coaching the team to ensure capability needs are met including retention and development of high performers.
• Creating a positive working environment that upholds the values and culture of ongoing feedback.
• Professionally managing and addressing team conflicts and performance gaps.

What You Will Do:

• Foster a collaborative work environment by facilitating regular team meetings, one-on-one interactions with direct reports, recognizing team and individual achievements, and encouraging interdepartmental collaboration.
• Develop your team's expertise through continuous learning and development opportunities, including coaching, training, and mentoring.
• Assess and coach your team to meet their capability requirements, focusing on talent management, succession planning, and employee engagement.
• Establish a positive and inclusive work environment that embodies our core values and fosters open communication.
• Provide guidance, mentorship, and support to team members to drive engagement, performance, and growth.
• Effectively manage and resolve team conflicts and performance issues in a professional and respectful manner.

• Process invoices and payments accurately and efficiently, adhering to strict deadlines and ensuring seamless financial operations.
• Conduct monthly reconciliation of supplier statements against accounts payable ledgers, ensuring accuracy and resolving discrepancies promptly.
• Assist the AP team with email management, supplier inquiries, and workflow coordination within the automated system.
• Collaborate with the AP team to optimize invoice processing, reduce errors, and improve overall efficiency.
• Investigate and explain variances between invoices and purchase orders.
• Identify and mitigate invoice discrepancies, ensuring compliance with internal controls and regulatory requirements.
• Verify supplier invoices against purchase orders and purchase price agreements.
• Monitor and leverage supplier payment discounts to minimize costs and maximize cash flow.
• Liaise with domestic and international suppliers to resolve invoicing discrepancies, request credits, and maintain strong relationships.
• Support cross-training initiatives to enhance team performance, address skill gaps, and meet business objectives.
• Contribute to the development, review, and enhancement of Accounts Payable processes and procedures, suggesting innovative strategies and solutions.

• Ensure timely reporting and ad-hoc assistance to stakeholders, providing transparent and accurate information.
• Maintain numerical accuracy to enable informed decision-making by senior leadership and the board.
• Support and facilitate communication of AP processes and procedures across the organization.

• Ensure adherence to regulatory requirements, internal controls, and company audit standards.
• Stay up-to-date on relevant laws and regulations, ensuring all processes and practices align with ATO guidelines.
• Maintain financial security by following established internal controls and best practices.

Requirements:

• 5-7 years of experience in Accounts Payable or Accounts Receivable.
• 1-2 years of experience in a team leadership role.
• Expertise in international AP processes.
• Background in Retail or FMCG industries.
• Proficiency in ERP or accounting software.
• Advanced skills in Microsoft Excel.
• Preferably with experience in Infor M3 system.
• Both AP/AR experience highly preferred.

Employment Type: Full-time
Job Function: Finance, Accounting/Auditing, and Management
Industry: Outsourcing and Offshoring Consulting and Retail Apparel and Fashion