Sallie Mae

Senior Manager, Accounts Payable

Sallie Mae$100K — $130K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Proven track record in finance operations including reporting and compliance.
  • Experience with financial tools like Workday ERP and data analysis proficiency.
  • Familiarity with GAAP, SOX, and compliance standards.
  • Strong analytical skills with a proactive approach to problem-solving.
  • Proven ability to prioritize multiple initiatives in a fast-paced environment.
  • Strong leadership and people management skills focusing on team development.
  • High attention to detail to ensure accuracy in financial operations.

Responsibilities

  • Lead and manage the Accounts Payable team to foster collaboration and improvement.
  • Develop strategies to enhance efficiency and scalability in payments.
  • Partner with stakeholders to align financial processes and objectives.
  • Oversee daily operations for accurate and timely financial reporting.
  • Ensure compliance with accounting standards and internal policies.
  • Identify and implement process improvements for operational efficiency.
  • Establish KPIs to drive performance improvements.

Benefits

  • Competitive base salaries and bonus incentives.
  • Generous PTO, Floating Holidays, and 12 Federal Holidays.
  • Financial well-being support with a 401k employer match.
  • Comprehensive medical, dental, vision, and pet insurance.
  • Flexible hybrid work arrangements and paid parental leave.
  • Tuition Reimbursement and Family Scholarship Programs.
  • Career development and training opportunities.
Full Job Description


What You\'ll Contribute

The Sr. Manager, Accounts Payable will be responsible for leading and optimizing the Accounts Payable function and managing the payments programs. The ideal candidate will have a strong background in accounting, excellent analytical and problem-solving skills, and the ability to manage a team effectively. They will also have an in-depth understanding of Workday Financial systems, financial reporting requirements and be able to stay up to date on changes to accounting regulations and industry trends.

This role can be located in our Newark, DE office, or our Sterling, VA office with a planned move to Arlington, VA in Fall 2026.

What You\'ll Do
  • 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.


The above information is intended to describe the general nature and level of work performed by employees assigned to this job; it is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees in this role.

What You Have

Minimum education, skills and experience 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 education, skills, and experience.
  • 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.


Feeling your best helps you do your best:
Our benefits take care of the whole you-so you can build your work around your life (not the other way around!).
  • 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

About Sallie Mae

Sallie Mae is a publicly traded U.S. corporation that provides consumer banking. Its nature has changed dramatically since it was set up in 1973. At first, it was a government entity that serviced federal education loans. It then became private and started offering private student loans, although at one point it had a contract to service federal loans. The company's primary business is originating, servicing, and collecting private education loans. The company also provides college savings tools such as its Upromise rewards program. It is headquartered in Newark, Delaware.
Learn more about Sallie Mae
Size
2,400 employees
Industry

Similar Jobs

More Jobs at Sallie Mae

More Finance & Insurance Jobs

Find similar Senior Manager, Accounts Payable jobs: