Accounts Payable Team Lead - Turkey

As the Accounts Payable Team Lead at World Business Lenders (WBL), your primary responsibilities include overseeing the monthly close process alongside the Controller, ensuring the accuracy and completeness of vendor invoices, reconciling selected GL accounts, and preparing vendor-based monthly reconciliations. You'll also engage in special projects focused on process automation and ensure compliance with accounting policies while providing timely vendor payments.

To apply for the Accounts Payable Team Lead position at World Business Lenders, candidates should possess a bachelor’s degree in accounting or finance, at least five years of general accounting experience, and demonstrated technical accounting knowledge. Previous experience in accounts payable is essential, and familiarity with IFRS and/or GAAP is preferred. Strong communication skills in English, proficiency in Microsoft Office, and a proactive attitude are equally important.

While not mandatory, experience with Sage GL and AP is preferred for the Accounts Payable Team Lead role at World Business Lenders. Knowledge in using various accounting software can greatly enhance your ability to perform duties effectively, including invoice management and reconciliation tasks within the ERP system.

The Accounts Payable Team Lead position at World Business Lenders offers a 100% remote work environment. You’ll have the flexibility to work from anywhere, and the general hours are from 9:00 am to 6:00 pm Eastern time, Monday through Friday. This role is designed to provide a balance between personal life and professional responsibilities.

For the Accounts Payable Team Lead position at World Business Lenders, soft skills such as excellent verbal and written communication, attention to detail, and a proactive approach are crucial. A positive attitude and strong work ethic are also valued, as they contribute to a productive work environment and successful collaboration with colleagues and vendors.

When discussing your experience in accounts payable, highlight specific roles where you managed invoices, reconciled accounts, and adhered to compliance standards. Mention any accounting software you've used and how it helped streamline processes, emphasizing your attention to detail and ability to meet deadlines.

To ensure accuracy in my work, I rely on a thorough review process where I cross-check invoices against purchase orders and contracts. I also utilize accounting software features to automate repetitive tasks and minimize human error. Additionally, I prioritize keeping my knowledge current on accounting regulations, which can aid in maintaining accuracy.

In resolving disputes with vendors over invoices, I prioritize clear and respectful communication. I begin by reviewing the documentation to identify discrepancies, and then I reach out to the vendor to discuss the issue, aiming to understand their perspective while clearly presenting our records. Collaboration often leads to faster resolutions.

To handle multiple deadlines effectively, I prioritize tasks based on urgency and impact. I often use project management tools to organize my workload, allowing me to block out time for each task. Additionally, I regularly communicate with my team to align priorities and ensure everyone is on track.

I have comprehensive knowledge of both IFRS and GAAP, having applied these standards throughout my career in various accounting roles. Understanding these frameworks is essential in ensuring compliance and accurate financial reporting, and I stay updated on any changes in regulations to maintain best practices.

Attention to detail is critical in accounts payable, as even minor errors can lead to significant financial discrepancies. By ensuring that invoices are accurately matched to purchase orders and payments are correctly processed, I help the organization maintain its financial integrity and credibility with vendors.

In a previous role, I identified that our invoice processing was taking too long due to manual entry. I proposed implementing an automation solution, which not only reduced processing time by 50% but also decreased errors. This project involved collaborating with IT and vendors, showcasing my ability to drive improvements in operations.

To ensure compliance with internal controls in accounts payable, I adhere to established procedures when processing invoices and making payments. I also routinely audit transactions for adherence to policies and engage with my team to continuously review and recommend updates to controls to adapt to evolving business needs.

Communication is vital in accounts payable as it directly affects relationships with vendors and internal stakeholders. Clear communication helps to resolve issues promptly, align expectations, and foster a team environment where everyone is informed and on the same page regarding payments and financial reporting.

One of the largest challenges in accounts payable today is managing the increasing volume and complexity of transactions alongside maintaining compliance with regulatory changes. Adapting to technological advancements, such as automation and digital invoice processing, is crucial in overcoming these challenges and improving efficiency in the function.