Assistant Manager, Accounts Payable

Overview

Assist the Manager in leading the operations of the Accounts Payable department which includes functions such as vendor record maintenance, invoice processing, payment disbursements, 1099 reporting, Purchase Card reconciliations and grant incentive tracking and reporting. Assist with the development, periodic review and update and maintenance of risk, processes, controls, metrics residing within Accounts Payable function. Partner in developing talent strategy, including talent development, succession planning etc. and lead the execution of talent strategy within the Accounts Payable function. Partner with the Manager in leading ongoing operational strategy, and alignment with corporate and departmental strategic goals.

Responsibilities

• Develop and maintain an understanding of relevant industry standards, best practices, business processes and technology used within related business areas to ensure compliance with policy, vendor contractual requirements, procedures, processes and standards.
• Promote proactive best practice approaches using department systems to solve business needs and problems.
• Align the strategic plan and initiatives of the team with corporate strategy and strategic plans.
• Stay abreast of and ensures compliance with applicable laws, regulations, and guidelines.
• Develop, in partnership with the Manager, talent strategy for Accounts Payable team to help them in their development and growth by incorporating upskill, reskill and data analytics into their roles and functions.
• Partner with other business units and vendors to identity opportunities for streamlined processes.
• Take full ownership of risk and control metrics residing within Accounts Payable function and ensure controls are operating as designed and risk is managed at appropriate level.
• Lead and/or represent the team in meetings with business partners to ensure Accounts Payable requirements, concerns and priorities are appropriately considered and factored in the work/project plan.
• Develop strategies to resolve system/operational/functional issues; develop standards, objectives, priorities, and alternatives and communicate appropriately to the team members and leadership.
• Performs other duties as assigned, including as Manager in her/his absence.
• Lead the team to provide appropriate leadership to continue ongoing operations of Accounts Payable function with excellent service level.

Qualifications

• Ability and experience in leading the team in implementing projects by assigning tasks while project objective and deadline are kept realistic.
• Highly skilled in working with cross-functional collaboration where Accounts Payable priorities and requirements are addressed through partnership and collaboration.
• Highly proficient in resolving conflicting requests and meeting changing requirements; exercising initiative and using good judgment to make sound decisions; and maintaining accuracy with attention to detail and meeting deadlines.
• Proficiency with accounting software and presentation software (MicroSoft Office suite) and data analytics.
• Ability and desire to lead the team by developing talent strategy to help them get to the next level in their career and help realize operational efficiency.
• Skilled at evaluating any operational/reporting issue from control lens to identify opportunities to develop and/or enhance current control environment within Accounts Payable or in the Business Units.
• Strong leadership and interpersonal skills with experience in supervising and leading onsite and remote employees
• Bachelor's degree in Accounting, Business Administration or related field, or the equivalent combination of experience, education and training.
• Ability to see big picture without missing any crucial details within that topic/project/initiative.
• Ability to manage multiple priorities independently and/or in a team environment to achieve goals.

Desired Qualifications

• Experience in Accounts Payable/Procure-to-Pay related to the overall vendor and invoice management processes.
• Working knowledge of Navy Federal Human Resources policies, procedures, and programs.

Hours: Monday - Friday, 8:00AM - 4:30PM

Location: Navy Federal is now hybrid! Our standard enterprise requirement for a hybrid schedule is to report onsite 4-16 days each month. The number of days reporting onsite will ultimately be determined by the employee's leadership and business unit needs. You will learn more throughout the hiring and onboarding process

About Us

You have goals, dreams, hobbies, and things you're passionate about—what's important to you is important to us. We're looking for people who not only want to do meaningful, challenging work, keep their skills sharp and move ahead, but who also take time for the things that matter to them—friends, family, and passions. And we're looking for team members who are passionate about our mission—making a difference in military members' and their families' lives. Together, we can make it happen. Don't take our word for it:

• Military Times 2022 Best for Vets Employers

• WayUp Top 100 Internship Programs

• Forbes® 2022 The Best Employers for New Grads

• Fortune Best Workplaces for Women

• Fortune 100 Best Companies to Work For®

• Computerworld® Best Places to Work in IT

• Ripplematch Campus Forward Award - Excellence in Early Career Hiring

• Fortune Best Place to Work for Financial and Insurance Services

Equal Employment Opportunity: Navy Federal values, celebrates, and enacts diversity in the workplace. Navy Federal takes affirmative action to employ and advance in employment qualified individuals with disabilities, disabled veterans, Armed Forces service medal veterans, recently separated veterans, and other protected veterans. EOE/AA/M/F/Veteran/Disability EOE/AA/M/F/Veteran/Disability

Disclaimers: Navy Federal reserves the right to fill this role at a higher/lower grade level based on business need. An assessment may be required to compete for this position. Job postings are subject to close early or extend out longer than the anticipated closing date at the hiring team’s discretion based on qualified applicant volume. Navy Federal Credit Union assesses market data to establish salary ranges that enable us to remain competitive. You are paid within the salary range, based on your experience, location and market position

Bank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.