Account Payable Lead

Account Payable Lead

Job Description (JD) and Key Responsibilities

• Manages the full-cycle AP process, overseeing invoice processing, vendor payments, and reconciliations to ensure accuracy and compliance.
• Oversee the verification, coding, and recording of invoices, ensuring 3-way matching with purchase orders.
• Reconcile AP sub-ledger to the general ledger, monitor AP aging, and prepare performance reports.
• Ensure timely month-end closing.
• Identify bottlenecks and implement improvements to enhance efficiency in the AP function – drive process improvements for AP.
• Maintain strong vendor relationships and resolve escalated disputes or payment issues.
• Run periodic payment cycles and manage urgent payments.
• Ensure adherence to company policies, internal controls, external audits, tax compliance, and preparing audit and tax schedules.
• Lead the AP team, supervise, mentor, and train AP staff.
• Problem solving and cross functional collaboration on all AP matters

Requirements

• Diploma or Degree in Accounting, Finance, or a related discipline.
• Minimum 3–5 years of Accounts Payable experience, with supervisory or team-leading experience preferred.
• Strong knowledge of Accounts Payable processes, invoice processing, payment cycles, and vendor reconciliations.
• Familiarity with accounting principles and internal controls.
• Proficient in Microsoft Excel and ERP/accounting systems (e.g. SAP, Microsoft Dynamics, Oracle, or equivalent).
• Strong analytical skills with excellent attention to detail and accuracy.
• Good leadership, communication, and interpersonal skills, with the ability to guide and develop a team.
• Able to prioritise tasks, meet tight deadlines, and work effectively in a fast-paced environment.
• Proactive, organised, and capable of handling multiple priorities independently.
• Experience in process improvement, system implementation, or automation initiatives is an advantage.
• Experience in retail or high-volume transaction environments.
• Knowledge of GST compliance and local accounting practices.
• Experience participating in audits and month-end/year-end closing activities.

Note:

• We will be shifting from Ang Mo Kio Office to Tampines Office