Sr. Manager, Accounts Payable
From accounting and financial planning to risk/fraud analysis and payments, our Finance team ensures not only our company’s financial security, but also that our customers can buy from us with confidence.
Why this job’s a big deal:
The Accounts Payable Sr. Manager will be responsible for overseeing all accounts payable related activities across the United States including, supplier management/administration, invoice receipt and processing, payment processing/disbursements as well as reconciliations. These activities are being performed by an internal accounts payable team based in Norwalk and supported by an outsourced team in India. The individual will partner with the accounting team and various functions across the organization to ensure consistent application of policies and procedures and continuous improvement projects are achieved. The individual would be accountable to resolve any issues, escalations or contract disputes as it relates to accounts payable.
In this role you will get to:
Oversee accounts payable processes, directing and managing the activities performed by the Accounts Payables staff, which requires an advanced level of understanding of the procurement flow processes and their relation to accounts payable.
Serve as a primary liaison between various stakeholders in addressing issues related to Accounts Payable, Accounting, Procurement and Budgets.
Problem solve for Oracle ERP system resolutions and work with IT to develop automated solutions.
Lead implementation of new ERP systems, robust process automation and other improvement initiatives in partnership with cross functional teams.
Supervise onshore and offshore transaction processing teams
Oversee the processing of accurate 1099’s as required by the IRS
Serve as subject matter expert for accounts payable purchasing and related accounting system modules
Initiate domestic and international payments for multiple legal entities; ensure adequate wire payment supporting documentation is received, filed and attached in Oracle; monitor payment status of wires to ensure funds are released/received
Receive, research, and resolve internal/external inquiries and audit requests
Ensure policies are current, relevant, and consistently applied
Provide treasury support including resolution of US and foreign payment issues, ensure adequate funding of bank accounts and assist in establishing new banking interfaces with A/P
Ensure Concur is configured properly to maintain integrity for all payment requests, including proper authorization and accurate account coding. Provide Concur training to new users.
Manage team responsible to perform 3-way match and work closely with the departments on resolving invoice, purchase order and receiving issues.
Manage the team that audits and approves T&E reports processed via Concur.
Review invoices including Prepaid, Fixed Assets and IDS for appropriate documentation and approval prior to payment.
Coordinate with Accounting and SP&A team members to support the month-end closing process, meet the required financial close deadlines, and assist in resolving variances.
Prepare monthly Use and Sales Tax schedules.
Prepare quarterly payments to Directors.
Determine Unclaimed Property and process Due Diligence Letters to property owners as required
Who you are:
Has 7+ years Accounts Payable experience
Bachelor’s degree in business, finance, accounting, or a related degree is required
Strong planning and organizational skills required to manage a complex process involving multiple internal and external stakeholders
At least two years of leadership/managerial experience
Working experience and technical knowledge of various Oracle and/or SAP Accounts Payable related system and required interfaces.
Working experience and knowledge of Concur and intermediate to advanced level proficiency with MS Excel
Working experience and knowledge with foreign currency
Strong analytical ability requiring a high degree of attention to detail.
Excellent ability to undertake a leadership role in bringing various cross-facility issues to conclusion and implement standardized Accounts Payable procedures and processes.
Strong knowledge of application of Generally Accepted Accounting Principles (GAAP).
Effective written and oral communication skills in preparing Management reports, developing procedures, leading meetings, and conducting training classes
Illustrated history of living the values necessary to Priceline: Customer, Innovation, Team, Accountability and Trust.
The Right Results, the Right Way is not just a motto at Priceline; it’s a way of life. Unquestionable integrity and ethics is essential.
Who we are:
WE ARE PRICELINE.
Our success as one of the biggest players in online travel is all thanks to our incredible, dedicated team of talented employees. Priceliners are focused on being the best travel deal makers in the world, fueled by our passion to help everyone experience the moments that matter most in their lives. Whether it’s a dream vacation, your cousin’s graduation, or your best friend’s wedding – we make travel affordable and accessible to our customers.
Our culture is unique and inspiring (that’s what our employees tell us). We’re a grown-up, startup. We deliver the excitement of a new venture, without the struggles and chaos that can come with a business that hasn’t stabilized.
We’re on the cutting edge of innovative technologies. We keep the customer at the center of all that we do. Our ability to meet their needs relies on the strength of a workforce as diverse as the customers we serve. We bring together employees from all walks of life and we are proud to provide the kind of inclusive environment that stimulates innovation, creativity and collaboration.
Priceline is part of the Booking Holdings, Inc. (Nasdaq: BKNG) family of companies, a highly profitable global online travel company with a market capitalization of over $80 billion. Our sister companies include Booking.com, BookingGo, Agoda, Kayak and OpenTable.
If you want to be part of something truly special, check us out!
Diversity, Equity and Inclusion – Our Commitment
Priceline ensures equal employment opportunity to all employees and applicants without discrimination or harassment based on race, religious creed, color, age, sex, sexual orientation, gender identity, national origin, religion, marital status, medical condition, disability, military service, pregnancy, childbirth and related medical conditions, or any other classification protected by governing law.