Accounts Payable Team Leader

Findojobs South Africa; South Africa; On-site; ZAR 300,000 - 450,000; Full time

Job summary

A financial services company in South Africa is looking for an Accounts Payable Supervisor to oversee the accounts payable process. In this role, you will supervise invoice management, ensure timely payments, and maintain supplier relationships. Candidates should possess at least 5 years of accounts payable experience along with strong skills in reconciliations and financial reporting. This role is essential for maintaining efficient financial operations and offers opportunities for team mentorship.

Qualifications

• Minimum 5 years accounts payable experience.
• 2 years management experience.
• 2 years in property industry preferred.

Responsibilities

• Supervise the accounts payable process from invoice receipt to payment.
• Manage payment runs ensuring creditors are paid.
• Monitor and analyze supplier aging to maintain accounts payable ledger.
• Generate reports on supplier aging and payment trends.
• Engage with suppliers and maintain relationships.
• Ensure audit preparedness and compliance with regulations.
• Drive process improvements and automation.
• Mentor and support team members.

Skills

Knowledge of accounts payable principles

Skilled at reconciliations

Good understanding of general accounting

Proficient with MDA Property Manager

General Computer proficiency

Solid MS Excel experience

Great problem-solving skills

Job description

To supervise and guide the accounts payable team and to oversee the accurate capturing and timeous payment of all supplier invoices

Main Duties would include:

• Supervise the accounts payable process from invoice receipt to payment, ensuring accurate documentation, verification, coding, and timely processing of supplier invoices while maintaining compliance with financial regulations.
• Manage payment runs (weekly and monthly), ensuring creditors are paid per agreed terms and troubleshooting issues within the process.
• Monitor and analyse supplier aging to maintain an up-to-date accounts payable ledger.
• Generate reports on supplier aging, cash flow forecasts, and payment trends for financial oversight.
• Coordinate supplier statement reconciliations and ensure accurate record retention.
• Engage with suppliers and stakeholders, maintaining strong relationships, resolving disputes, and negotiating payment terms
• Ensure audit preparedness, handling queries and compliance with company policies and tax regulations.
• Drive process improvements and automation, identifying opportunities for efficiency and cost control.
• Oversee AP system integrity, ensuring accurate data and coordinating system upgrades.
• Mentor and support team members, fostering performance management, training, and continuous development.

The above duties are the main duties required to be successful in this role; however, the employee can be requested to perform other duties and responsibilities from time to time during his/her employment with the company, based on its operational requirements. The job title does not define or restrict the employment relationship, and it is required within reason that the employee avail him-/herself to undertake other work at the request of the company.

Job Specific Requirements

Job Knowledge:

• Knowledge of accounts payable principles and processes (essential)
• Skilled at reconciliations (essential)
• Good understanding of general accounting (essential)

Job Related Skills:

• Proficient with MDA Property Manager (essential)
• General Computer proficiency (essential)
• Solid MS Excel experience (essential)
• Great problem-solving skills (essential)

Job Experience:

• Minimum 5 years accounts payable experience (essential)
• 2 years in property industry (desirable)
• 2 years management experience (essential)