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Advisor, Accounts Payable Compliance (P3)

Save the Children
vacation time
United States, Kentucky, Lexington
800 Corporate Drive (Show on map)
Nov 03, 2024
Description

Summary

The Advisor, Accounts Payable Compliance plays a crucial role in ensuring compliance with company policies and procedures by conducting thorough audits of procurement, accounts payable, and employee payable transactions. This position involves analyzing audit results, identifying trends, and reporting findings to management to enhance operational efficiency. The Advisor will also run performance reports from the financial management system, evaluating key indicators such as on-time payments, invoice processing times, and budget holder review effectiveness. By collaborating with various teams and recommending process improvements, this role aims to optimize accounts payable functions while maintaining high standards of accuracy and compliance.

This is a temporary assignment with the possibility to extend up to 24 months.

What You'll Be Doing (Essential Duties)

Audit and Compliance 40%



  • Conduct thorough audits of procurement and accounts payable transactions to ensure compliance with company policies and procedures
  • Identify discrepancies and recommend corrective actions to address non-compliance issues
  • Maintain tracking and reporting on action plans and ensure resolution
  • Maintain accurate and organized records of audits, analyses, and reports for future reference and compliance purposes


    Data Management and Analytics 40%



    • Analyze audit results to identify trends, anomalies, and areas for improvement
    • Prepare detailed reports summarizing findings and recommendations for management
    • Run regular reports from the financial management system on key performance indicators and present findings in a clear and actionable format to AP management including but not limited to on-time payments, time to process invoices, cost to process invoices, exceptions
    • Develop dashboards and reports to communicate results on process effectiveness, compliance, adoption, and overall performance trends, patterns, and predictions against success impact measures
    • Utilize performance data to identify areas of opportunity and identify appropriate action plan
    • Manages a complex data set and synthesizes for broader audience consumption using analytical tools like Power BI or Tableau


    Process Execution / Training / Adoption 20%



    • Create documentation and deliver training to support policy, procedure and control activity adoption
    • Contribute to and maintain area of responsibility within the knowledge base intranet hub
    • Work closely with the accounts payable team and other departments to ensure compliance and streamline processes
    • Provide training and support to staff on procurement and accounts payable policies


    Required Qualifications



    • Minimum of a Bachelor Degree or equivalent experience, plus at least 5 years of relevant experience
    • Demonstrated experience with mathematical skills to collect, measure, organize and analyze data from a financial management system
    • High level of accuracy and attention to detail in all tasks
    • Demonstrated analytical skills and keen ability to interpret business information and translate to various audience levels and draw meaningful conclusions
    • Track record of successfully leading change and adoption of new processes and systems
    • Experience in successful project management implementation
    • Knowledgeable of sourcing, procurement, and payment integrated processes and systems
    • Deep customer centric attitude to drive and influence change
    • Proven ability to be organized, proactive, results-oriented, and hands-on with problem solving and prioritization skills
    • Comfortable dealing with ambiguity, creates flexible strategies, and adapts quickly to changing business environment
    • Strong verbal and written communication skills; ability to present findings to management clearly
    • Professional proficiency in MS Office suite
    • Professional proficiency in spoken and written English


    Preferred Qualifications



    • Unit4 Agresso experience
    • Prior experience in non-profit sector
    • Experience with data visualization in Power BI, Tableau or other data visualization tools
    • Knowledge of industry standards in procurement and accounts payable processes
    • Certification in auditing is a plus


    Compensation

    Save the Children is offering the following salary ranges for this position, dependent on candidate location:



    • Geo 1 - NY Metro, DC, and other locations with labor costs significantly above national average: Target Salary for this position is $84,150 - $94,050 base salary
    • Geo 2 - Locations around the US National Labor Cost Average: Target Salary for this position is $76,500 - $85,500 base salary
    • Geo 3 - Locations significantly below the US National Labor Cost Average: Target Salary for this position is $68,850 - $76,950 base salary


    The salary ranges listed above are for US based candidates. For candidates located outside of the US, salary ranges will be based on the salary scales of the local employer of record.

    Actual base salary may vary based upon, but not limited to, relevant experience, base salary of internal peers, business sector, and geographic location (more information on job structure is available here). Employee may be eligible for an incentive program. Save the Children US also offers outstanding benefits that include health, dental, vision and life insurances, short-term and long-term disability coverage, an Employee Assistance Program, a retirement savings plan with employer contribution, paid vacation leave, safety & wellness leave, family leave, parental/adoption leave, caregiver leave, and much more.

    About Save the Children

    Save the Children believes every child deserves a future. In the United States and around the world, we give children a healthy start in life, the opportunity to learn and protection from harm. We do whatever it takes for children - every day and in times of crisis - transforming their lives and the future we share.

    Our work for children and their families requires that we commit-at every opportunity-to work together to identify and dismantle persistent systemic and structural racism, inequality, and any other forms of discrimination in this country and beyond. As an anti-racist organization, Save the Children will not tolerate discrimination in any form-in our employment practices, amongst our staff, in our leadership or toward the people we serve. We stand in solidarity with all people to fight for equal rights, justice, inclusion, and belonging.

    Save the Children is committed to conducting its programs and operations in a manner that is safe for the children it serves and helping protect the children with whom we are in contact. All Save the Children representatives are explicitly prohibited from engaging in any activity that may result in any kind of child abuse.

    Save the Children is committed to minimizing safety and security risks for our valued employees, ensuring all are given training, support and information to reduce their risk exposure while maximizing the impact of our programs for children and families. Our shared duty, both agency and individual, is to seek and maintain safe working conditions for all.

    Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
    The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
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