Accounts Payable Lead

Summary / Position Purpose:

We are seeking a detail-oriented and experienced Accounts Payable Lead to join our finance team! This role is responsible for overseeing the end-to-end accounts payable process, ensuring accuracy, timeliness, and compliance with internal policies and external regulations. The ideal candidate has a strong understanding of supply chain and vendor relationships, thrives in high-volume environments, and can lead AP operations while identifying opportunities for process improvement.

Essential Duties, Functions and/or Responsibilities:

• Lead and support the accounts payable team in day-to-day invoice processing, payment execution, and vendor management.
• Ensure timely and accurate processing of invoices, including 3-way matching of POs, receipts, and vendor invoices.
• Maintain accurate records of all AP transactions and reconcile AP accounts monthly.
• Collaborate with procurement and warehouse teams to resolve discrepancies in purchase orders or receipts.
• Manage weekly payment runs (ACH, wire, check) and ensure adherence to cash flow schedules.
• Ensure compliance with company policies, tax regulations, and industry standards.
• Serve as the primary point of contact for vendor inquiries and disputes; manage vendor onboarding and updates.
• Monitor and enforce internal controls related to the AP function.
• Support month-end and year-end closing processes, including accruals and audit support.
• Train and mentor AP clerks; provide performance feedback and workflow oversight.
• Identify and implement process improvements and system enhancements to increase efficiency and accuracy.

Education and/or Work Experience Requirements:

• Associate's or Bachelor's degree in Accounting, Finance, or related field preferred.
• 3+ years of progressive experience in accounts payable, with at least 1 year in a lead or supervisory role is required.
• Experience in electronics distribution or a high-volume, inventory-based industry strongly preferred.
• Proficient in accounting software and ERP systems (e.g., NetSuite, SAP, Oracle); Excel proficiency required.
• Strong understanding of general accounting principles and AP best practices.
• Exceptional attention to detail, organizational skills, and ability to prioritize.
• Excellent communication and interpersonal skills for internal and vendor-facing interactions.
• Ability to work under pressure and meet tight deadlines in a fast-paced environment.
• Familiarity with EDI invoicing, drop-ship arrangements, and freight invoicing.
• Experience managing AP automation tools or working in a paperless AP environment.
• Knowledge of sales/use tax and 1099 reporting.

Physical Requirements:

• Ability to safely and successfully perform the essential job functions consistent with the ADA, FMLA and other federal, state and local standards, including meeting qualitative and/or quantitative productivity standards.
• Ability to maintain regular, punctual attendance consistent with the ADA, FMLA and
• other federal, state and local standards.

TestEquity provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.