My client is seeking an experienced Accounts Payable Team Leader to manage a high-performing team, ensuring vendor reconciliations, query resolution, and payment processes run smoothly and efficiently.
This role is based in Sandton, Johannesburg North. Key Responsibilities: Vendor Reconciliations: - Reconcile the vendors each month, followed by those with open GRIR entries and unresolved balances on SAP.
- Review team reconciliations prior to submitting them to the AP Manager for approval.
- Ensure reconciliations are promptly sent to internal and external customers after the cutoff for query resolution.
Query Resolution: - Ensure team members resolve reconciling items between vendor statements and D365 to avoid late payments.
- Allocate tasks equally within the team, ensuring accurate and timely processing.
- Escalate queries according to the internal procedures and represent the team during weekly reviews with the AP Manager.
Reporting Review: - Lead weekly GRIR Report reviews for items over 90 days.
- Review the teams age analysis, ensuring no items are left to age, and address debit balances for further review with the AP Manager.
Payments: - Oversee weekly reviews of the age analysis to ensure timely and accurate payments.
- Extract, check, and submit payment proposals for approval, ensuring vendors are paid per agreed terms.
- Ensure payment packs are saved and organized for review.
Audit and Year-End Preparation: - Ensure compliance with audit and year-end requirements by providing documentation, reports, and commentary.
- Conduct close-off checks for both yourself and the team.
Leadership: - Manage team reviews, monthly one-on-ones, performance management, and development.
- Be responsible for recruitment and any necessary disciplinary actions.
Requirements: - Diploma/Degree in Accounting or Finance Related.
- Must have 3 years experience in a management/leadership role.
- Proven experience in a Shared Services company.
- Strong reconciliation and analytical skills.
- Proficiency in financial software and Microsoft Office, especially Excel.
- Attention to detail and excellent organizational skills.
- Strong communication and problem-solving abilities.