Job Description
Accounts Payable Team Lead
Location: Office-based (LE4 1AU)Start: ASAPSalary: £45,000 per annumType: Permanent
Hours: Mon-Fri 9am-5:30pm
About the Role:We are seeking an experienced Accounts Payable Team Lead to manage a small, dynamic team, ensuring all supplier invoices, statement reconciliations, and reporting are completed promptly and accurately. The role involves not only managing day-to-day operations but also implementing process improvements and supporting the development of the team. You will also be responsible for ensuring compliance, handling supplier queries, and working cross-functionally with the buying and stock teams to resolve issues.
Key Responsibilities:
* Oversee timely processing of supplier invoices, including resolving discrepancies and ensuring payments are processed accurately.
* Act as the main escalation point for supplier issues.
* Review monthly supplier reconciliations and ensure they cover all stock and top non-stock suppliers.
* Approve invoices with variances, ensuring appropriate actions have been taken prior to posting.
* Support the team in responding to supplier queries efficiently and effectively.
* Work closely with the buying and stock teams to resolve price and quantity-related queries, including returns and credit adjustments.
* Conduct regular 1:1 meetings to mentor and develop the team to maximize their potential.
* Assist with cash flow forecasts and payment runs, providing accurate data to the Head of Financial Reporting.
* Implement best practices to drive process improvement.
Skills & Attributes:
* Must have proven experience managing a small team.
* Experience in Accounts Payable and credit control.
* Strong communication skills, with the ability to engage both financial and non-financial stakeholders.
* Excellent Excel skills.
* Experience with D365 Finance and Operations is a plus.
* Collaborative approach to working with cross-functional teams.
* Ability to support and implement process improvements.
Qualifications & Experience:
* Minimum 3 years’ experience in an Accounts Payable role with team leadership responsibility.
* AAT qualification or working towards a financial qualification is desirable.
What We Offer:
* Competitive salary of £45,000.
* Permanent, full-time role with immediate start.
If you have the required experience and are ready to take on a leadership role in an exciting and growing business, apply now!
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