Accounts Payable Team Lead

ComPsych Corporation•Chicago, IL

11d

About The Position

Under the general supervision of the Controller, the Accounts Payable Team Lead manages the Accounts Payable Department and supports strong vendor relations. The role leads and develops the AP team, oversees invoice processing and payment cycles, manages vendor compliance and the AP ledger, supports monthly close activities, and develops AP systems, procedures, and policies. The position requires knowledge of GAAP, strong supervisory and organizational skills, and proficiency with financial software, particularly Microsoft Dynamics–Great Plains and NetSuite.

Requirements

At least 6 years of accounts payable experience, including at least 2 years in a lead or supervisory capacity.
Experience with an AP workflow or automation platform such as Yooz or a similar system, including invoice capture and approval routing.
Proficiency in Microsoft Word and Excel.
Strong knowledge of AP processes, three-way match, and payment methods.
Organized self-starter able to multitask and work independently.
High-speed internet and a workspace free from distraction, disruption, or noise.
Ability to be on camera for work-related trainings, meetings, and events.
Ability to sit or stand at a desk for prolonged periods while working on a computer.

Nice To Haves

Hands-on experience with NetSuite, including the AP module, vendor bills, bill payments, and month-end reconciliation.

Responsibilities

Lead and develop the AP team, including assigning work, conducting reviews, providing performance ratings, and making compensation recommendations.
Oversee end-to-end invoice processing in NetSuite and the Yooz workflow platform, including capture, coding, approval routing, and exception handling; ensure invoices have appropriate documentation and approval before payment.
Manage weekly check runs and other payment cycles, including check disbursement and mailing, file storage, and document retention.
Manage the AP ledger in accordance with Company policy and monitor spending against budget, recommending action on variances as needed.
Manage vendor relationships and vendor compliance, and serve as the point of contact for AP questions from operations staff and vendors.
Manage the unclaimed funds process, including voiding returned claim checks and remitting funds to states in compliance with state regulations.
Support monthly close by preparing journal entry support for AP, intercompany, prepaid, and other accounts; perform monthly GL account analyses and coordinate with the accounting department.
Develop, implement, and maintain AP systems, procedures, and policies that ensure adherence to company guidelines.
Identify automation and process improvements.
Perform other duties as assigned.