Accounts Payable Lead

Role Overview The Accounts Payable Lead / Specialist / Sr Analyst will play a key role in supporting the PTP GPO in managing outsourcing partners and ensuring seamless execution of accounts payable activities. This position requires strong analytical skills, attention to detail, and a commitment to compliance in invoice processing and payment processes. The specialist will act as a bridge between internal teams and outsourcing delivery partners to ensure accuracy, timeliness, and control in financial operations.   Key Responsibilities Outsourcing Partner Management Support PTP GPO in overseeing outsourcing partners delivering accounts payable services. Collaborate with partners to ensure adherence to agreed service levels and compliance standards.   Operational Activities Review and approve accounts payable payments processed by outsourcing partners. Publish daily dashboards and reports to track AP performance and highlight key metrics. Perform inventory management analytics to support financial reporting and decision-making.   Compliance & Controls Ensure strict adherence to invoice processing and payment process compliance requirements. Identify duplicate payments and implement preventive controls to avoid recurrence. Develop and execute recovery strategies for duplicate payments already processed. Maintain audit-ready documentation and support internal/external audits   Controllership Activities Review and monitor direct debit balances to ensure accuracy and compliance. Manage and analyze prepayments, ensuring proper accounting treatment and timely reconciliation. Provide oversight into AP controllership activities to strengthen financial governance Perform regular GR/IR account analysis to identify mismatches between goods receipts and supplier invoices. Work with outsourcing partners to clear open GR/IR items in a timely manner. Investigate discrepancies and collaborate with procurement and finance teams to resolve issues.   Cash & Bank Reconciliation Support Analyze bank open items and provide insights to outsourcing partners. Support timely reconciliations by guiding and collaborating with delivery partners.   Analytics & Reporting Publish daily/weekly dashboards to track AP performance metrics. Provide insights into inventory management analytics and AP trends. Highlight risks, bottlenecks, and propose process improvements.   Stakeholder Management Act as a key contact for outsourcing delivery partners, procurement, and finance teams. Partner with outsourcing partners in drafting RCAs, resolve escalation and recommend controls. Collaborate with cross-functional teams to improve PTP (Procure-to-Pay) processes.     Qualifications & Skills Bachelor’s degree in accounting, Finance, or related field. 6 – 10 years of experience in Accounts Payable or PTP processes, preferably in a shared services or outsourcing environment. Strong analytical and problem-solving skills with attention to detail. Proficiency in ERP systems (JDE, Oracle, IFS or similar) and MS Excel. Excellent communication and stakeholder management skills. Knowledge of compliance requirements and internal controls in payment processes.   Key Competencies Ownership and accountability in financial operations. Ability to work collaboratively with cross-functional teams and external partners. Strong organizational skills with the ability to manage multiple priorities. Continuous improvement mindset to enhance efficiency and control in AP processes.