Accounts Payable Team Lead

at  Fastco Canada

OVERVIEW

Fastco is looking for an Accounts Payable Team Leader to strengthen its finance team. The selected
candidate will be responsible for overseeing the accounts payable process, ensuring the accurate and
timely processing of invoices, payments, and reconciliations. This role also involves close collaboration
with other departments to optimize processes and maintain strong relationships with suppliers.

QUALIFICATIONS

• College diploma in accounting or business administration (DEC, AEC).
• Minimum of 5 years of experience in accounting/accounts payable.
• Experience as a senior manager or team leader is an asset.
• Proficiency in both French and English, spoken and written.
• Strong knowledge of the MS Office suite.
• Knowledge of SAP Business ByDesign is a plus.
  This position does not require any traveling

Supervision of the Accounts Payable Team and Processes | 75%

• Manage and lead a team of accounts payable technicians.
• Oversee the entire accounts payable process, from invoice receipt to payment.
• Verify the accuracy of invoices and ensure they comply with internal policies.
• Ensure invoices are properly coded and assigned to the appropriate cost centers.
• Plan and execute timely payments to suppliers.
• Reconcile accounts payable and resolve discrepancies.
• Collaborate with the purchasing department and other teams to resolve issues related topurchase orders.
• Optimize the processes for invoice and payment handling to improve operational efficiency.
• Maintain and strengthen internal controls related to accounts payable to ensure complianceand reduce financial risks.
• Provide guidance and ongoing training to the accounts payable team.
• Analyze and generate financial reports for management.

End-of-Month and Year-End Tasks | 25%

• Participate in the month-end and year-end accounting processes.
• Reconcile balance sheet accounts and prepare the necessary journal entries.
• Monitor capital expenditures.
• Oversee operations related to fixed assets.
• Perform various financial analyses.
• Produce and verify monthly tax reports.
• Complete the company’s bank reconciliations.
• Collaborate with internal and external auditors during audits.
• Perform any other related tasks.