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Accounts Payable Team Lead
2 months ago
About dmg events
dmg events is a leading international exhibitions and publishing company. We attract more than 425,000 visitors to our global portfolio of 80 exhibitions each year. Through our global events, our aim is simple. We want to accelerate business through face-to-face events, which is why we work so hard to bring people together, creating opportunities for them to network, learn and do business.
Job Purpose
To provide and maintain an effective accounts payable service while proactively leading and managing the Accounts Payable team, ensuring that there are adequate processes and procedures in place, to enable effective and efficient supplier ledger integrity. This includes appropriate coding of expenses, and that suppliers are paid as per the agreed credit terms. Efficient processing of payments and minimizing dmg risk of fraud.
Key Accountabilities
- Leadership of the Accounts Payable Team using the performance management and development process that provides an overall context and framework to encourage employee contribution and includes goals and KPI's setting, feedback, and performance development planning.
- Responsible for identifying opportunities to improve business operations, maintain ongoing cost governance and work with key business unit managers
- Manage month-end reporting and vendor account reconciliations as well as half-year and full-year-end
- Review and manage periodic payment runs, ensuring the accuracy and quality of data inserted by the team
- Constantly seek and lead the improvement of existing processes and procedures to enhance efficiencies and controls in the Accounts Payable function.
- Manage, assist, train and mentor the Accounts Payable team to be competent with invoice processing, supplier reconciliation, query resolution and payment runs accurately.
- To reconcile Trade Creditors and Sundry Creditors subledger to the General Ledger monthly. Investigating all material discrepancies
- To ensure that payments are authorized according to the latest bank mandates
- Keep informed of the latest taxation requirements
- To do any other tasks as requested by management from time to time.
Job Context
The Accounts Payable Team Lead has the responsibility to supervise & lead the Accounts Payable function. Undertake performance appraisals, organize training, and instruct staff, signing off staff holiday leave, making sure payments are made within strict deadlines to vendors.
Internal and External Customers
- Finance Team
- Employees of dmg::events
- Budget holders and sector managers
- Suppliers
- Auditors
- Banks
Minimum Qualifications and Knowledge:
- Should have considerable accounting knowledge and how the Accounts Payable function fits into the services of a Finance Department.
Minimum Experience:
- 2 years as an AP team leader or similar
Job-Specific Skills:
- Good Finance Systems skills
- Ability to work under pressure
- Strong organizational and time management skills
- Excel and Word skills to intermediate level
- Excellent telephone manner
Behavioral Competencies:
- Good interpersonal skills
- Strong sense of customer service
- Flexible & open to change
- Has initiative and is proactive