Accounts Payable Manager

Laureate Online Education, a division of Laureate Education, develops and supports leading distance-learning universities and businesses with the ultimate goals of increasing access to postsecondary education in markets worldwide and helping students reach their highest potential.GENERAL SUMMARY:Responsible for leading the Accounts Payable function and processes of Laureate Higher Education Group and subsidiaries. Position requires daily interaction and collaboration with internal departments, stakeholders, vendors, and senior management to bring timely and accurate processing of Account Payable transactions, resolution of Accounts Payable issues, and timely payment of outstanding invoices to appropriate parties.DUTIES AND RESPONSIBILITIESQualified individual will be responsible for hiring, training and leading a team responsible for all Accounts Payable functions to include planning and executing the following processes: Ensure complete matching of invoices to purchase/receiving documents - automated as well as manual matching. Ensure invoices have proper authorization for processing Ensure coding of invoices is reviewed for possible errors and verification or correction is made prior to posting Update Vendor Master File banking information Audit Vendor Master File Maintenance Balance Accounts Payable sub-ledger to general ledger within 2 business days of month end close. Communicate, educate, train and follow-up on the implementation of any system-wide company initiative that relates to Accounts Payable. Respond to questions and interact with vendors and various levels of management Provide response/resolution in a timely and thorough manner to all internal and external customers Ensure compliance with all regulatory agencies with regard to Accounts Payable including but not limited to, maintenance of W-9s, preparation of 1099s, reporting of escheat transactions, etc. Ensure Accounts Payable team meets accuracy and productivity standards by reviewing reporting, training team members, developing, and implementing initiatives to improve overall team accuracy and productivity Perform other office duties as needed to ensure smooth financial processes and to meet vendor needs Identify and develop process improvements that will increase accuracy and speed with which the invoices are processed and paid. Train, coach and hold staff accountable for achieving established and new performance standards. Complete performance reviews for all staff in Accounts PayableKNOWLEDGE, SKILLS AND ABILITIES REQUIRED: Bachelor's degree in Accounting or related field preferred. Minimum of 10 years experience managing an AP department. Minimum of 5 years of recent PeopleSoft AP experience, version 8.4 or above - preferably version 9.0. Hands-on experience managing team of AP professionals Must have a working knowledge of desktop computer applications including Microsoft Access, Excel and Word. Must be a self-starter, detail-oriented, ability to prioritize assignments and meet deadlines. Prior Accounts Payable supervisory experience in a high-volume, multi-unit, multi- state, multi-currency environment. Knowledge of accounting principles and regulatory requirements related to Accounts Payable. Excellent verbal, written, and organizational skills required.APPLY ONLINE AT https://sh.webhire.com/servlet/av/jd?ai=737&ji=2267552&sn=ILaureate Higher Education Group is an Equal Opportunity Employer. EOE. Laureate Education is an equal opportunity employer. EOE.