Sallie Mae · 2 weeks ago
Senior Manager, Accounts Payable
Sterling, VA
Full-time
Hybrid
Senior Level
7+ years expSallie Mae is dedicated to empowering students in their educational journey. The Senior Manager, Accounts Payable will lead the Accounts Payable team, optimizing payment processes and ensuring compliance with accounting standards while fostering a culture of excellence and collaboration.
Financial ServicesHigher Education
Responsibilities
Lead and manage the Accounts Payable team, fostering a culture of excellence, collaboration, and continuous improvement
Develop and implement strategies to enhance the efficiency and scalability of payments function including planning, forecasting, and reporting
Partner with key stakeholders (e.g. Procurement, Vendor Management, Accounting, FP&A, Treasury, IT) to ensure alignment of financial processes and objectives
Oversee the day-to-day operations of processes, ensuring accuracy and timeliness in payment processing, financial reporting, transaction processing, and data reconciliation
Ensure timely and accurate month-end close activities related to A/P
Identify and implement process improvements to streamline workflows, enhance automation, and reduce operational costs
Establish and monitor key performance indicators (KPIs) to drive performance improvements and ensure high-quality output
Ensure compliance with all relevant accounting standards, regulations, and internal policies, mitigating risks and safeguarding the company’s financial integrity
Develop and maintain accounting policies and procedures to ensure accurate and timely financial reporting
Qualification
Required
Proven track record of managing and optimizing finance operations, including financial reporting, budgeting, forecasting, and compliance
Experience with financial systems and tools (Workday ERP, financial reporting software, etc.), with strong proficiency in Excel and data analysis
Familiarity with GAAP, SOX, and other regulatory and compliance requirements
Strong critical thinking and analytical skills, with the ability to drive results and navigate complex financial challenges. A proactive approach to problem-solving and process optimization
Strong ability to prioritize and manage multiple initiatives in a fast-paced environment
Proven ability to lead and motivate a team. Excellent people management skills, with a focus on coaching, development, and fostering a positive team culture
Strong leadership, communication, and interpersonal skills, with the ability to collaborate effectively across departments and at all levels of the organization
High attention to detail with the ability to manage multiple priorities and ensure accuracy in financial operations
Preferred
Bachelor's degree in Finance, Accounting, Business Administration, or a related field. MBA or professional certifications (e.g., CPA, CMA) is a plus
7+ years of experience in finance or accounting, with at least 3 years in a leadership role managing finance operations teams
Benefits
Competitive base salaries
Bonus incentives
Generous PTO, Floating Holidays and 12 Federal Holidays observed
Support for financial-well-being and retirement 401k with employer match
Comprehensive medical, dental, vision, hospital indemnity, critical illness, pet insurance and more
Employer paid short-term/long-term disability and basic life insurance
Flexible hybrid working arrangements.
Paid parental leave and adoption reimbursement programs
Free access to on-site staffed fitness centers (in Delaware) and gym subsidy (for locations outside Delaware)
Confidential counseling support (EAP), Health Advocacy services and Wellness program with financial incentives
Tuition Reimbursement and Family Scholarship Programs
Career development and training opportunities
Company
Sallie Mae
Sallie Mae is an American corporation that originates, services, and collects student loans.
1001-5000 employees
Funding
Current Stage
Public CompanyTotal Funding
unknown1983-09-30IPO
Leadership Team
Jonathan Witter
Chief Executive Officer
Munish Pahwa
EVP, Chief Risk Officer (CRO)
Recent News
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