Accounts Payable Lead

Expected Salary: $70k - $80k

We are looking for a driven and committed candidate who is enthusiastic about finance and accounting and can elevate the Accounts Payable function through analytical thinking, continuous improvement and collaboration.

Title:

Accounts Payable Lead

Department:
Finance and Accounting

Location:

8470 Keele St, Concord ON

Reports to:

A/R & A/P Manager

Expected Salary: $70k - $80k

The salary range shown above reflects the expected compensation for this position. The final salary offered will be determined based on a holistic assessment of the candidate’s experience, education, training, and alignment with the role’s requirements.

This job posting is an existing vacancy within the organization. The position is active and intended to be filled as part of our current staffing needs.

The Accounts Payable Lead is responsible for leading the day‑to‑day AP function and ensuring the accurate, timely and controlled processing of vendor invoices and payments. The role provides hands‑on leadership to the AP team, oversees vendor management and payment processing, maintains strong internal controls, and supports month‑end and year‑end financial processes.

The AP Lead serves as a key escalation point for vendors and internal stakeholders and works closely with Accounting, Operations, Purchasing and other departments to improve the efficiency and effectiveness of the procure‑to‑pay process. The role also identifies opportunities to improve processes, strengthen controls and leverage ERP functionality and automation.

• Lead the day‑to‑day activities of the Accounts Payable team, including assigning work, managing workloads and ensuring deadlines are met.
• Coach and mentor AP staff and provide ongoing guidance, feedback and development.
• Oversee the full AP cycle, including invoice receipt, coding, matching, approvals, posting and payment.
• Ensure invoices are processed accurately and in accordance with company policies, approval authorities, payment terms and internal controls.
• Oversee vendor payment runs, including EFTs, wires, cheques and other payment methods, ensuring payments are accurate, authorized and released on time.
• Review and resolve invoice discrepancies, duplicate invoices, pricing or quantity differences and payment exceptions.
• Oversee vendor setup and maintenance, including validating vendor information and banking changes and mitigating payment fraud risk.
• Monitor AP activity and aging, investigate unusual or overdue items and resolve issues as required.
• Support month‑end and year‑end close activities, including AP reconciliations, accruals and outstanding liability schedules.
• Lead HST/GST validation and support appropriate tax treatment and documentation.
• Support internal and external audits by providing documentation, reconciliations and explanations as required.
• Maintain and continuously improve AP policies, procedures, operating standards and internal controls.
• Develop and monitor AP metrics and KPIs, including invoice processing volumes, payment timeliness, aging and exception rates.
• Identify and implement process improvements through ERP functionality, workflow automation and other technologies.

• Post‑secondary education in Accounting, Finance, Business Administration or a related discipline; equivalent education and relevant experience will be considered.
• 3–5 years of progressive Accounts Payable experience, preferably within a high‑volume environment.
• Previous team lead or supervisory experience with demonstrated ability to coach and develop others.
• Strong understanding of the complete procure‑to‑pay/AP cycle, including invoice processing, purchase orders, payments, vendor management, reconciliations and month‑end…