Accounts Payable Process Lead

Accounts Payable Process Lead

Requirements

• 5+ years of experience in AP operations, with exposure to outsourced vendor management and internal controls.
• Strong working knowledge of 3-way match processes, invoice triage systems, and common ERP/AP software (e.g., Workday, Yardi, SAP, Oracle).
• Demonstrated understanding of SOX compliance, control documentation, and risk mitigation best practices.
• Excellent analytical and interpersonal skills; able to work independently and cross-functionally.

Responsibilities

• Oversee and streamline the AP process from invoice intake to payment, including 3-way match exception triage.
• Document current and future-state AP workflows and standard operating procedures.
• Identify inefficiencies and bottlenecks in the AP lifecycle and implement solutions, including automation where possible.
• Ensure accuracy and timeliness of invoice processing and vendor payments across all platforms.
• Coordinate with outsourced AP vendors in the US and India to ensure performance aligns with defined SLAs and KPIs.
• Maintain and enforce vendor accountability through detailed performance scorecards, escalation protocols, and corrective action tracking.
• Drive collaborative issue resolution and root cause analysis for recurring AP problems.
• Support and document internal control processes in compliance with SOX requirements.
• Test and validate the effectiveness of AP-related controls regularly, in coordination with the Compliance Manager.
• Ensure completeness and accuracy of documentation required for audit trails and compliance testing.
• Monitor for signs of potential AP fraud, duplicate payments, vendor anomalies, or process control weaknesses.
• Coordinate with internal stakeholders and the Compliance Manager to assess and implement appropriate fraud prevention controls.
• Document and report on fraud risk mitigation strategies and effectiveness.
• Set up clear, actionable reporting dashboards to track AP process efficiency, vendor performance, SLA adherence, and control health.
• Report regularly to Finance and Operations leadership on performance trends, risk areas, and recommendations for improvement.
• Provide support for internal and external audits, with all necessary documentation and responses.

Preferred Qualifications

• Background in construction, development, or real estate industries is preferred.