Team Lead, Accounts Payable

IVARI•Toronto, ON

4d•CA$68,000 - CA$91,000•Hybrid

About The Position

This position is an existing vacancy. As the Accounts Payable Team Lead you will oversee the accounts payable team, ensuring accurate and timely processing of invoices, employee expenses and maintaining strong vendor relationships. You will also lead invoice review, verification, coding, and approval/posting, while also resolving any discrepancies that may arise. Collaboration will be key in coordinating with business owners to align purchase orders, receipts, and invoices.

Requirements

University degree in business or accounting
5-6 years of Accounts Payable Experience
2 years’ experience in leading professional staff
Strong analytical skills, and attention to detail
Excellent communication and interpersonal skills
Strong problem solving, customer service and organizational skills
Proven ability to meet tight deadlines and adaptable to changing priorities

Responsibilities

Coordinate the accounts payable team, assign tasks, monitor performance, and provide training and support as needed
Approve vendor set up and modification
Evaluate employee expenses, and monitor internal controls to ensure compliance with regulations and mitigate risk
Review and approve payment batches to ensure proper recording, coding, and entry of invoices
Create monthly reports for management review and operationalization of employee expense tool
Assist in the month-end and year-end close processes, including accruals, reconciliations, and reporting
Set, monitor, and provide feedback on staff performance
Identify opportunities for process optimization and automation
Ensuring all AP processes are documented and accessible