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Accounts Payable Manager
Accounts Payable Manager2U • Washington, DC, US
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Accounts Payable Manager

Accounts Payable Manager

2U • Washington, DC, US
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Accounts Payable Manager

At 2U, we are all in on purpose. We are motivated by our mission to eliminate the back row in education and connected by our shared passion to deliver world-class digital education at scale. As the parent company of edX, the world's leading online learning platform, 2U powers more than 4,000 online higher education offerings from free courses to full degrees. Together with more than 230 colleges, universities, and corporate partners, we are helping to unlock human potential.

The Accounts Payable Manager plays a crucial role in our team's success, requiring exceptional attention to detail and accuracy. This position demands the expertise to thoroughly, precisely, and patiently review transactions, processes, procedures, and related data. Essential to this role is the ability to motivate team members, coupled with strong interpersonal skills and the adaptability to navigate evolving environments and priorities. The Manager will lead a team responsible for efficiently processing vendor invoices to meet the company's payment obligations, providing direct support to our internal business partners.

Responsibilities include, but are not limited to :

  • Lead coach, and develop the Accounts Payable (AP) Specialist team, ensuring KPIs are met, deadlines are achieved, and workflows remain uninterrupted.
  • Collaborate cross-functionally with the Marketing team to load purchase requests into Coupa and match invoices to purchase orders by month-end close.
  • Serve as a key liaison between the AP team and 2U business leaders to address inquiries and resolve invoicing related issues.
  • Manage the expense auditing process.
  • Monitor prepaid expense tracking by validating entries and creating prepaid schedules.

Other (yearly ad-hoc) responsibilities include :

  • Prepare 1099-MISC tax forms for review, maintaining a current understanding of IRS regulations related to independent contractors.
  • Provide detailed support for internal and external audits, including documentation and compliance with control testing protocols.
  • Perform system testing and validation procedures in accordance with Workday new release guidelines.
  • Things that should be in your background include :

  • Bachelor's degree in Accounting or Business Administration.
  • 8-10 years of experience in Accounts Payable, preferably in a Procure-to-Pay environment.
  • 5 years or more of direct managerial experience.
  • Demonstrate a solid knowledge of basic accounting principles; specifically identifying prepaid expenses and being able to analyze expenses.
  • Experience with Travel & Entertainment policies and expense auditing processes.
  • Experience using Workday and Coupa (preferred) or other cloud-based software for invoice processing.
  • While this position is open to remote candidates across the U.S., we will prioritize those who live in the Washington-Baltimore metropolitan area and who are available to come into our Headquarters in Arlington, VA two days a week.

    Benefits & Culture

    Our global employee base is a diverse collection of innovators, dreamers, and doers working together to transform lives through higher education. We believe that every employee can advance our shared purpose, and that life at 2U should be fun and meaningful. If you're excited by the opportunity to provide over 40 million learners and counting with access to world-class online higher education, then join us and do work that makes a difference. #NoBackRow

    We offer comprehensive benefits (unique per country) and excellent work / life balance. Full-time, U.S. benefits include :

  • Medical, dental, and vision coverage
  • Life insurance, disability, and 401(k) employer match
  • Free snacks and drinks in-office
  • Generous paid holidays and leave policies, including unlimited PTO
  • Additional time off benefits include : volunteer days, parental leave, and a company-wide winter break
  • The anticipated base salary range for this role is ($92,000 -$105,000), with potential bonus eligibility. Salary offers are made based on the candidate's qualifications, experience, skills, and education as they directly relate to the requirements of the position, budget for the position and cost of labor in the market in which the candidate will be hired.

    2U Diversity and Inclusion Statement

    At 2U, we are committed to building and sustaining a culture of belonging, respect, and inclusion. We are proud of the steps we've taken to bring together an employee base that embodies diverse walks of life, ideas, genders, ages, races, cultures, sexual orientations, abilities and other unique qualities. We strive to offer a workplace where every employee feels empowered by what makes us different, as well as by how we are alike.

    2U is committed to providing reasonable accommodations during our recruitment process. If you need assistance or accommodations, please reach out to us at recruitingaccommodations@2u.com.

    About 2U LLC

    For more than a decade, 2U has been the digital transformation partner of choice to great non-profit colleges and universities delivering high-quality online education at scale. As the parent company of edX, a leading global online learning platform, 2U provides over 45 million learners with access to world-class education in partnership with more than 230 colleges, universities, and corporations. Our people and technology are powering more than 4,000 digital education offerings from free courses to full degrees and helping unlock human potential. To learn more : visit 2U.com.

    About edX

    edX is the education movement for restless learners and a leading global online learning platform from 2U, LLC. Together with the majority of the world's top-ranked universities and industry-leading companies, we bring our community of over 45 million learners world-class education to support them at every stage of their lives and careers, from free courses to full degrees. And we're not stopping there we're relentlessly pursuing our vision of a world where every learner can access education to unlock their potential, without the barriers of cost or location. Learn more at edX.org.

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