Team Lead- Accounts Payable

Genxhire Services; Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Genxhire Services is seeking a seasoned Team Lead Accounts Payable to oversee day-to-day AP operations for a client in Mumbai. You will supervise a small team, ensure accurate invoice processing, payments and vendor reconciliations while driving efficiency.

The ideal candidate will have strong hands-on AP experience, exposure to AR and GL, and proven team-management abilities. This role requires excellent communication and the ability to handle multiple priorities in a process-driven environment.

Qualifications

• Relevant experience in Accounts Payable is mandatory.
• Exposure to Accounts Receivable and General Ledger processes.
• Prior experience in team handling/team management is required.
• Strong understanding of P2P/AP processes.
• Good knowledge of invoice processing, vendor reconciliation, payment processing and month-end activities.

Responsibilities

• Manage and oversee the complete Accounts Payable (AP) process, including invoice processing, validation, payment processing, and vendor reconciliation.
• Supervise and manage a team of Accounts Payable professionals, allocating work and monitoring daily deliverables.
• Ensure timely and accurate processing of invoices, payments, expense claims, and vendor transactions.
• Handle vendor reconciliations and resolve discrepancies related to invoices and payments.
• Review AP transactions and ensure compliance with internal policies, controls, and accounting standards.
• Coordinate with internal stakeholders, vendors, and other teams to resolve payment and accounting-related queries.
• Provide support and oversight for Accounts Receivable (AR) activities.
• Handle or review General Ledger (GL) activities, including journal entries, account reconciliations, and month-end close activities.
• Monitor team performance, productivity, quality, and adherence to process SLAs.
• Identify process gaps and implement improvements to enhance operational efficiency and accuracy.
• Prepare and review MIS/reports related to AP operations and team performance.
• Support internal and external audits by providing required documentation and information.
• Train, mentor, and develop team members while ensuring effective knowledge transfer.

Skills

Accounts Payable

Accounts Receivable

General Ledger

Team leadership

MS Excel

ERP systems

Stakeholder management

Month-end close

Vendor reconciliation

Invoice processing

Problem solving

Communication skills

Tools

ERP systems

Job description

Role- Team Lead- Accounts Payable

Location: Vikhroli-Mumbai Shift: 1:00 PM 10:00 PM Working Days: Monday to Friday | Saturday & Sunday Off

About the Company

We are hiring for our esteemed client, a leading global investment banking and financial services organisation.

About the Role

We are looking for an experienced Team Lead Accounts Payable to manage day-to-day accounts payable operations while overseeing a team and ensuring accurate, timely, and efficient processing of financial transactions. The ideal candidate should have strong hands-on experience in Accounts Payable, along with exposure to Accounts Receivable and General Ledger, and proven team-handling experience.

Key Responsibilities

• Manage and oversee the complete Accounts Payable (AP) process, including invoice processing, validation, payment processing, and vendor reconciliation.
• Supervise and manage a team of Accounts Payable professionals, allocating work and monitoring daily deliverables.
• Ensure timely and accurate processing of invoices, payments, expense claims, and vendor transactions.
• Handle vendor reconciliations and resolve discrepancies related to invoices and payments.
• Review AP transactions and ensure compliance with internal policies, controls, and accounting standards.
• Coordinate with internal stakeholders, vendors, and other teams to resolve payment and accounting-related queries.
• Provide support and oversight for Accounts Receivable (AR) activities.
• Handle or review General Ledger (GL) activities, including journal entries, account reconciliations, and month-end close activities.
• Monitor team performance, productivity, quality, and adherence to process SLAs.
• Identify process gaps and implement improvements to enhance operational efficiency and accuracy.
• Prepare and review MIS/reports related to AP operations and team performance.
• Support internal and external audits by providing required documentation and information.
• Train, mentor, and develop team members while ensuring effective knowledge transfer.

Required Skills & Experience

• Relevant experience in Accounts Payable is mandatory, with AP being the primary area of expertise.
• Working knowledge/exposure to Accounts Receivable and General Ledger processes.
• Prior experience in team handling/team management is required.
• Strong understanding of accounting principles and P2P/AP processes.
• Good knowledge of invoice processing, vendor reconciliation, payment processing, and month-end activities.
• Strong analytical and problem-solving skills.
• Excellent communication and stakeholder-management skills.
• Ability to manage multiple priorities and meet deadlines in a process-driven environment.
• Proficiency in MS Excel and accounting/ERP systems.