Accounts Payable Team Lead

Job Purpose

To oversee the Accounts Payable function ensuring timely, accurate processing of vendor invoices, payments, and compliance with company policies and internal controls. The AP Team Leader ensures smooth month-end closure, manages vendor relationships, and drives process improvements within the AP function.

Key Responsibilities

• Supervise and guide the AP team to ensure daily operations run efficiently.
• Review and approve supplier Import and local invoices and payment runs.
• Conduct Vendor reconciliations on periodic basis.
• Monitor vendor aging reports and ensure timely settlement of vendor dues.
• Coordinate with procurement and warehouse teams to resolve invoice discrepancies.
• Ensure compliance with internal controls, company policies, and statutory requirements (VAT, CT, etc.).
• Review and prepare AP related accruals and provisions at month-end.
• Manage vendor masters at onboarding & existing vendors and ensure robust documentation & controls.
• Support audits by providing documentation and reconciliations.
• Identify and implement process automation and improvements.
• Develop and train AP team members to enhance accuracy and productivity.

Candidate Profile Requirement

• Master’s degree in Accounting / Finance (Professional degree like ICWA, CMA is an advantage).
• 8-9 years of experience in Accounts Payable, including at least 2-3 years in a supervisory role.
• Strong understanding of AP management
• Proficiency in Microsoft Excel and SAP.

Trading or FMCG industry experience preferred