Financial Shared Services Team Lead - Markham, Canada - BGIS

BGIS

Verified Company

Markham, Canada

1 week ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Who We Are

SUMMARY

The
Financial Shared Services Team Lead is responsible for coordinating and monitoring accounts payable process workflow activities to ensure timely and accurate accounts payable processing in accordance to internal procedures and performance requirements.

KEY DUTIES & RESPONSIBILITIES

People Leadership

People leadership responsibilities include but not limited to:

Leads a team of individual contributors
Assigns, prioritizes and monitors work progress to ensure completion and adherence to timeliness, quality standards and all other related requirements
Reviews work for completeness and accuracy. Ensures quality adherence is maintained
Guides, coaches and trains direct reports
Provides input for performance review

Accounts Payable Processing

Coordinates and performs accounts payable processing activities
Monitors and reviews work for timeliness, quality and adherence to internal processes
Communicates with stakeholders such as suppliers to follow up, clarify information or resolve disputes (i.e. payment not made on time). Escalates to management, where required
Liaises with business unit leaders to obtain approval for payments
Reviews documents for compliance and completeness against established requirements. Identifies noncompliant items and missing information and obtains information to ensure compliance to established procedures and requirements
Determines appropriate accounting codes to the documents according to business unit and expense/cost element type
Performs mathematical calculations additions, subtractions, multiplication and divisions to verify for mathematical accuracy. Identifies errors and liaises with appropriate stakeholder for resolution. Escalates where required
Validates accounts payable documentations against supporting documentations to ensure accuracy and completeness. Identifies and resolves issues and discrepancies in transactional accounting. Liaises with stakeholders and management for resolution
Handles validation, matching, coding and approval exceptions. Liaises with business unit leaders to obtain approval exceptions
Enters accounts payables into accounting systems
Confirms accounts payables for payment
Prepares electronic fund transfers and cheques for payments

Performance Management

Monitors and reviews work productivity and quality output against established metrics
Identifies and implements corrective measures, when required, to achieve performance objectives

Reporting

Prepares reports including but not limited to workflow management reports to communicate outstanding items

Policy and Process Adherence

Monitors and enforces process workflow execution for policy and procedural adherence

Audit Support

Monitors the maintenance of accurate and complete records for audit according to established procedures
Reviews audit documentations prior to submission to management for review
Other duties as assigned

EDUCATION, JOB-RELATED YEARS OF EXPERIENCE & QUALIFICATIONS

MINIMUM EDUCATION:
High school completion plus a specialized technical or business course

JOB-RELATED EXPERIENCE:
More than one year up to three years

Knowledge & Skills

Community college diploma preferably in accounting
3 years of accounts payable work experience
Understanding of sales tax rules
Ability to lead a team of individuals
Ability to identify and resolve accounts payable issues and discrepancies
Ability to perform basic mathematical calculations addition, subtraction, multiplication and division, along with ability to identify inaccuracies in data
Ability to process a high volume of data requiring strong attention to detail and accuracy
Ability to communicate and enforce adherence to processes, procedures and performance objectives
Ability to identify and implement corrective measures to close performance gaps
Effective influence and dispute resolution skills
Ability to execute work according to established procedures

Licenses and/or Professional Accreditation
One or more of the following completed or in progress would be considered an asset

Certified Accounts Payable Professional designation from Certified Accounts Payable Association (CAPA)
Certified General Accounting

At BGIS we believe that diversity and inclusion is a key business driver, such that we never lose sight of its importance as it is woven into the fabric of our organization.

We are committed to maintaining a barrier-free recruitment process by providing equal employment opportunities through recruiting and retention of individuals of all backgrounds.

We recognize that promoting diversity is an essential component of our continuing pursuit for organizational success