Accounts Payable Team Lead

2 months ago

Parkville, Victoria, Australia Michael Page Full time
About the Role

We are seeking an experienced Accounts Payable Team Lead to join our Finance Department. As a key player in the team, you will be responsible for overseeing the daily operations of the accounts payable function, ensuring accurate and timely payment processing, and maintaining strong internal controls.

Key Responsibilities
  • Leadership and Supervision: Lead and supervise the accounts payable team to ensure efficient processing and timely payment of invoices.
  • Process Improvement: Drive continuous improvement across payables functions by implementing efficient operating processes and ensuring procedural documentation is up-to-date and accurate.
  • Reconciliation and Reporting: Perform monthly reconciliation of supplier statements, general ledger accounting, and month-end close processes, ensuring the accuracy and integrity of financial information.
  • Liabilities Management: Regularly review payables liabilities to ensure accurate representation in the general ledger.
  • Cash Flow Forecasting: Prepare and maintain Payables Cash Flow Forecasts, accurately representing expected outgoings, with clear identification and documentation of variances.
  • Internal Reporting: Develop and produce timely internal reports and analyses, providing clear and accurate summaries derived from large volumes of complex data to assist management in decision-making.
  • Compliance: Ensure the internal control environment is robust by monitoring approvals and work practices in line with specified procedures.
  • Regulatory Reporting: Prepare and develop the monthly Payment Times Report for internal management, as well as the bi-annual Payment Times Report for the Payment Times Reporting Regulator.
Requirements
  • A minimum of 4-5 years in an Accounts Payable Team Lead or Senior Accounts Payable role.
  • A strong understanding of accounting and finance standards, with extensive experience in managing and analyzing high volumes of data to identify, understand, and resolve complex issues.
  • Proven ability to lead a team, drive process improvements, and maintain a high standard of accuracy and efficiency in a fast-paced environment.
What We Offer
  • Flexibility: Enjoy the benefits of work-from-home flexibility (2 days WFH).
  • Compensation: Competitive remuneration and attractive salary packaging options.
  • Growth: Opportunities for Temp to Perm.

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