About Us:
CapBay operates an award-winning Supply Chain Finance and Peer-to-Peer (P2P) Financing platform. We facilitate inclusive business financing, using existing trade data and relationships. Through our proprietary credit-decisioning model, businesses of all sizes can obtain short-term financing while banks and investors can participate in high-quality financing deals. You can find out more about us at *************
About the Role:
We are seeking an experienced and detail-oriented Accounts Payable (AP) Senior Lead to oversee and manage the Accounts Payable of our dynamic and fast-paced organization. The AP Senior Lead will be responsible for ensuring the accuracy and efficiency of the AP process. The ideal candidate will have a deep understanding of AP processes, strong leadership skills, and a commitment to continuous improvement.
Key Responsibilities
- Lead, mentor, and develop the AP team, providing guidance and support to ensure high performance and professional growth.
- Manage day-to-day operations of the AP department, ensuring timely and accurate processing of invoices, payments, and reconciliations.
- Oversee the end-to-end AP process, including invoice receipt, approval confirmation, coding into the accounting software, payment processing, and reconciliation.
- Ensure compliance with company policies, accounting principles, and regulatory requirements in all AP activities.
- Monitor and manage the AP ageing report, ensuring that all outstanding invoices are addressed promptly.
- Continuously evaluate and improve AP processes to enhance efficiency, accuracy, and internal controls.
- Implement and leverage AP automation tools to streamline workflows and reduce manual processing.
- Identify and address bottlenecks or inefficiencies in the AP process, recommending and implementing best practices.
- Collaborate with the accounting team to ensure accurate and timely financial reporting, including month-end and year-end close activities.
- Work closely with the procurement, treasury, and accounting teams to ensure seamless coordination and alignment of AP activities.
- Support the finance department in cash flow management, expense analysis, and financial planning.
Requirements
- Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
- Minimum of 5 years of experience in Accounts Payable or a related finance role.
- Experience in a fast-paced environment, preferably within a large organization or a shared services center.
- Strong understanding of end-to-end AP processes, including invoice processing, payment cycles, and vendor management.
- Proficiency in accounting software (Oracle NetSuite) and AP automation tools is preferred.
- Excellent leadership and team management skills, with a proven track record of leading and developing a high-performing team.
- Strong analytical skills and attention to detail, with the ability to identify and resolve issues efficiently.
- Excellent communication and interpersonal skills, with the ability to interact effectively with vendors, team members, and senior management.
- Solid understanding of internal controls, compliance requirements, and financial reporting.
- Strong organizational and time management skills, with the ability to manage multiple priorities and meet deadlines.
- A proactive problem-solver with a continuous improvement mindset.
- Ability to work independently and collaboratively in a team-oriented environment.
Why Join CapBay?
- Shape the future of the accounting department in one of Malaysia's fastest-growing FinTech firms.
- Work at the forefront of financial innovation where technology and finance meet.
- An attractive remuneration package, comprehensive benefits, and a culture that celebrates success.
Our Achievements
- Top 200 Global Fintech Companies – CNBC
- EY Emerging Entrepreneur Of The Year
- Fintech Start-up of the Year Malaysia – The Asset's Triple A Digital Awards
- Best Fintech for Plug & Play Tech Center
- Best FinTech Platform for Supply Chain Finance – The Asian Banker
- Finalist at Global FinTech Hackcelerator and featured at Singapore Fintech Festival
Apply now and be part of CapBay’s growth story!