Accounts Payable Manager at 2U

Crystal City, Missouri, United States

2U Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Education TechnologyIndustries

Requirements

  • 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
  • Solid knowledge of basic accounting principles, specifically identifying prepaid expenses and analyzing expenses
  • Experience with Travel & Entertainment policies and expense auditing processes
  • Experience using Workday and Coupa (preferred) or other cloud-based software for invoice processing
  • Open to remote candidates across the U.S., with priority for those in the Washington-Baltimore metropolitan area available to come into Headquarters in Arlington, VA two days a week

Responsibilities

  • 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
  • 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

Skills

Accounts Payable
Coupa
Invoice Processing
Expense Auditing
Prepaid Expense Tracking
1099-MISC
IRS Regulations
Purchase Orders
Team Leadership
Cross-Functional Collaboration
Audit Support

2U

Provides online education solutions for universities

About 2U

2U provides online education solutions for universities, partnering with them to deliver high-quality digital programs. Their services include course design, marketing, and student support, all enhanced by technology and data analytics. This approach creates an engaging online learning environment that aims to ensure equal opportunities for all students. Unlike traditional learning management systems, 2U focuses on long-term partnerships and revenue-sharing agreements, aligning their success with that of the universities they serve. Their goal is to improve student outcomes and expand access to education globally.

Crystal City, VirginiaHeadquarters
2008Year Founded
$93.3MTotal Funding
IPOCompany Stage
EducationIndustries
1,001-5,000Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
401(k) Company Match
Unlimited Paid Time Off
Paid Holidays
Employee Stock Purchase Plan
Parental Leave
Volunteer Days

Risks

Interim CEO appointment suggests potential instability in leadership.
Multiple class action lawsuits pose significant legal and financial risks.
Chapter 11 bankruptcy filing indicates ongoing financial distress.

Differentiation

2U partners with prestigious universities to offer high-quality online degree programs.
The company combines technology, human support, and data analytics for effective online learning.
2U's No Back Row approach ensures equal opportunity for all students.

Upsides

Growing demand for online education boosts 2U's market potential.
Partnerships with international universities expand 2U's global reach.
Increased focus on data analytics improves student retention and success.

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