Summary: The Finance Team Leader for Payables will lead the payables team to ensure the timely processing and accurate accounting of invoices and expenses in adherence with company policies and procedures. This role is essential in maintaining financial integrity, enhancing operational efficiency, and fostering strong relationships with vendors and internal departments.

Key Responsibilities:

• Lead the payables team to ensure timely processing of invoices and expenses, including payments, while adhering to company policies and procedures.
• Ensure regular reconciliations and clearance of invoices to maintain accurate financial records.
• Liaise with vendors and internal departments to resolve any issues related to invoice clearance and required documentation.
• Review the procure-to-pay (P2P) processes, identifying areas for improvement and implementing enhancements to increase control and efficiency.
• Support the monthly closing process by ensuring all payables-related transactions are accurately recorded and reconciled.
• Monitor compliance with internal controls and identify any discrepancies or potential risks within the payables function.
• Prepare reports and analytics related to payables performance, providing insights for decision-making.
• Train and mentor team members, promoting best practices in the payables process.
• Undertake any additional tasks as assigned by finance management to enhance the overall effectiveness of the finance team.

Skills

• Bachelor’s degree in Finance or Accounting (Master's degree or Inter-CA preferred).
• 10+ years of experience in the payables section, with:
• Minimum 3 years as a Team Leader in Payables.
• Minimum 3 years of experience in an automotive dealership.
• Proficiency in SAP software and advanced MS Excel skills.
• Strong understanding of financial accounting principles and processes, particularly in relation to payables.
• Excellent communication and interpersonal skills to effectively liaise with vendors and internal stakeholders.
• Proven ability to lead and motivate a team, with strong organizational and analytical skills.