Job Description
The Accounts Payable (AP) Team Leader is responsible for overseeing the end-to-end accounts payable function, ensuring accurate and timely processing of vendor invoices, payments, and escheatment. This role supervises a team of AP associates, drives process efficiency, ensures compliance with company policies and regulatory requirements, and supports internal and external stakeholders.
The AP Team Leader plays a key role in maintaining strong vendor relationships, managing escalations, monitoring service level agreements (SLAs), and identifying opportunities for process improvements and cost optimization. The position requires strong analytical skills, attention to detail, leadership capability, and a solid understanding of accounting principles and controls.
Key Responsibilities
Operational Management
- Oversee invoice processing, payment runs, vendor reconciliations, and query resolution.
- Ensure adherence to SLAs and month-end/year-end deadlines.
- Monitor workflow queues and allocate tasks effectively within the team.
- Review and approve high-value or exception transactions.
- Supervise, mentor, and coach AP team members.
- Conduct performance reviews and provide regular feedback.
- Identify training needs and support skill development.
- Drive a culture of accountability and continuous improvement.
- Ensure compliance with internal controls, accounting standards, and company policies.
- Support audit requirements (internal and external).
- Monitor duplicate payments, fraud risks, and control gaps.
- Ensure proper documentation and approval workflows are followed.
- Act as the escalation point for vendor and internal stakeholder issues.
- Maintain strong relationships with vendors and business partners.
- Collaborate with Procurement, Finance, and Reconciliation teams.
- Identify process gaps and recommend automation or efficiency improvements.
- Prepare and review AP reports, aging analysis, and KPIs.
- Drive initiatives to improve cycle time and reduce exceptions.
- Bachelors degree in Accounting, Finance, or related field.
- 5–8 years of experience in Accounts Payable or Finance operations.
- Prior team handling experience (minimum 2–3 years preferred).
- Strong understanding of accounting principles and AP controls.
- Experience with ERP systems (e.g., SAP, Oracle, Workday, etc.).
- Proficiency in MS Excel and reporting tools.
- Strong communication and stakeholder management skills.
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- This job has supervisory duties.
- In lieu of the above education requirements, an equivalent combination of education and experience may be considered.
Accounting, Corporate Accounting, Financial Accounting, Financial Analysis, Financial Statement Analysis
Shift Time
Recruiter Info
Dipti Murudkar
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About Allstate
Joining our team isnt just a job — its an opportunity. One that takes your skills and pushes them to the next level. One that encourages you to challenge the status quo. One where you can shape the future of protection while supporting causes that mean the most to you. Joining our team means being part of something bigger – a winning team making a meaningful impact.
The Allstate Corporation is one of the largest publicly held insurance providers in the United States. Ranked No. 84 in the 2023 Fortune 500 list of the largest United States corporations by total revenue, The Allstate Corporation owns and operates 18 companies in the United States, Canada, Northern Ireland, and India. Allstate India Private Limited, also known as Allstate India, is a subsidiary of The Allstate Corporation. The India talent center was set up in 2012 and operates under the corporations Good Hands promise. As it innovates operations and technology, Allstate India has evolved beyond its technology functions to be the critical strategic business services arm of the corporation. With offices in Bengaluru and Pune, the company offers expertise to the parent organizations business areas including technology and innovation, accounting and imaging services, policy administration, transformation solution design and support services, transformation of property liability service design, global operations and integration, and training and transition.
Learn more about Allstate India here.
Skills
AccountingAccounting PrinciplesAccountsAccounting StandardsAccounts PayableErp SystemsCorporate AccountingFinancial StatementErpInvoice ProcessingReconciliationsReporting ToolsProcess ImprovementTransactionsVendor InvoicesFinanceReconciliationIf an employer asks you to pay any kind of fee, please notify us immediately. Jobaaj does not charge any fee from the applicants and we do not allow other companies also to do so.
About Company
Important dates & deadlines?
Application Deadline
16 Jun 26, 03:34 PM IST
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