Dir, Accounts Payable

GENERAL SUMMARY: Responsible for leading the Accounts Payable and Expense Reimbursement (AP/EX) functions and processes of Laureate Education and subsidiaries. Position requires daily interaction and collaboration with internal departments, stakeholders, vendors, and senior management to bring timely and accurate processing of AP/EX transactions, resolution of AP/EX issues, and timely payment of outstanding invoices to appropriate parties. Individual will provide supervision and oversight of the AP/EX function to include daily management of the AP/EX team consisting of approximately ten to fifteen team members.

ESSENTIAL DUTIES AND RESPONSIBILITIES: Qualified individual will be responsible for hiring, training and supervising a team responsible for all AP/EX functions to include planning and executing the following processes:

* Manage all processes of AP/EX functions.

* Ensure invoices have proper authorization for processing.

* Ensure invoices are processed or submitter is notified in writing of issues within 2 business days of receipt by AP.

* Ensure Expense Reports are audited and approved or employee is notified in writing of issues within 2 business days of receipt by EX.

* Oversee, maintain and audit Vendor Master File including vendors data and banking information.

* Ensure documentation is maintained in accordance with company and regulatory requirements.

* Ensure compliance with all regulatory agencies with regard to AP/EX including but not limited to, maintenance of W-9s, preparation of 1099s, reporting of escheat transactions, etc

* Work with accounting to ensure AP and EX sub-ledgers balance with 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 AP/EX.

* Respond promptly 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 AP/EX team meets accuracy and productivity standards by reviewing reporting, training team members, developing, and implementing initiatives to improve overall team accuracy and productivity

* Ensure AP/EX processes adhere to pre-established audit standards

* 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.

* Review processes and ensure adequate controls are in place as required by Sarbanes-Oxley and Internal Audit.

* Create and update documentation of policies and procedures related to AP/EX.

MANAGEMENT/SUPERVISORY RESPONSIBILITIES:

* Manage AP/EX staff of 10+, including AP Manager, Specialists, and Clerks.

* Train, coach and hold AP/EX staff accountable for achieving established and new performance standards.

* Provide on-going training and development of AP team members

* Complete annual performance reviews for all staff in AP/EX

* Track productivity by transaction type as support for staffing levels and budgetary allocation.

Experience: EDUCATION and/or EXPERIENCE:

* Bachelors degree in Accounting or related field required.

* Minimum of 15 years experience managing an AP department.

* Minimum of 10 years of recent PeopleSoft AP experience, version 8.4 or above - preferably version 9.0.

* Hands-on experience managing team of AP professionals including AP Manager, Specialists, and Clerks.

* Must be highly proficient using desktop computer applications including Microsoft Access, Excel and Word.

* Must be a self-starter, detail-oriented, ability to prioritize assignments and meet deadlines.

* Prior AP/EX supervisory experience in a high-volume, multi-unit, multi- state, multi-currency environment required.

* Knowledge of accounting principles and regulatory requirements related to AP/EX.

* Experience with international currency AP, a plus

* Excellent verbal, written, and organizational skills required.

Laureate Education, Inc., and all of it subsidiaries or affiliates, are equal opportunity employers. EOE

Please refer to job code 2395777 when responding to this ad.

Category:	Accounting/Banking/Finance/Insurance
	> Accounts Payable
Location:	Baltimore, MD
County:	Baltimore City County
ZIP Code:	21201
Pay Rate:	Open
Job Terms:	full time
Company:	Laureate Education, Inc
Phone:	email only please
Fax:	email only please