Director of Accounts Payable

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Director of Accounts Payable

Date: Jun 16, 2022

Location: Baltimore, MD, US, 21230

Company: Under Armour

Under Armour has one mission: to make you better. We have a commitment to innovation that lies at the heart of everything we do, not just for our athletes but also for our teammates. As a global organization, our teams around the world push boundaries and think beyond what is expected. Together our teammates are unified by our values and are grounded in our vision to inspire you with performance solutions you never knew you needed but can’t imagine living without.

Position Summary

The Director of Accounts Payable will be responsible for driving best practices for all accounts payable teammates around the globe. In this role, the Director of Accounts Payable is responsible for the overall strategic planning, organization of the team, along with overseeing all accounts payable activities with a focus to streamline processes across the entire organization. This position has direct responsibility for the Americas region as well as corporate oversight for all global accounts payables. This position is hands-on and works closely with accounts payable staff as well as internal and external business partners to ensure accurate, efficient, and effective operations. To be successful, this position must possess strong leadership and problem-solving skills as well as the ability to work in teams and use data analytics to drive decisions and process optimization. The Director of Accounts Payable should possess a deep understanding of today's dynamic payments environment, best practices, and US GAAP.

Essential Duties & Responsibilities


Design, implement, and maintain standardized accounts payables practices
Partner with Regional Managers to implement best practices and drives initiatives to improve productivity and department performance
Responsible for ensuring timeliness and accuracy of accounts payable deliverables, including but not limited to the monthly close and associated financial reporting activities
Oversees all accounts payable activities and drives strategy for streamlining activities and measuring the team's performance
Ensures timely and accurate processing of annual 1099 forms
Directs the development and reporting on performance metrics to measure staff performance and the accuracy and timeliness of processed transactions
Develop, maintain, and measure core accounts payable KPIs to ensure appropriate targeted results to support company financial targets and objectives
Identify process inefficiencies and implements remediation to strengthen control environment and develop best-in-class process using system automation and relevant tools
Develop effective relationships with all relevant internal and external customers to share best practices and better understand, communicate, and appropriately recommend action considering company/business-specific risks
Provide strong leadership support to mentor, train, motivate, develop and coach a team of employees in accordance with accounts payable policies, procedures, and best practices to continue to build and develop a best-in-class operation
Leads corporate accounts payable initiatives, strategy, and optimization
Ensures proper reporting is in place to monitor activity on a daily, weekly, and monthly basis
Work closely with other internal departments to proactively manage and resolve business and operational issues in an innovative, efficient, and effective manner while ensuring proper compliance with internal controls
Develop strong working relationships within the business and with our third-party partners and business customers
Provide direction on prioritization to ensure all deliverables are met within designated timeframes
Lead by example, be ready and willing to jump into any other activities that may warrant timely attention and resolution


Qualifications (Knowledge, Skills & Abilities)


Experience and understanding of accounting procedures and controls environment are critical
Proven decision-making negotiation skills
Experience in leading meetings and delivering financial and analytical data
Proactive, results-oriented, sense of urgency, high level of energy, enthusiasm, and passion
Proven ability to identify gaps and then develop and implement policies and procedures to adequately mitigate them
Excellent communicator and possess the ability to bring people with different points of view together to achieve common goals
Ability to work closely with and/or Lead team members on projects that involves standardized systems and processes


Education And / Or Experience


Bachelor's degree in Accounting, Finance, or related field
Minimum of 12 years of accounts payable experience, ideally in a large global company
Knowledgeable in SAP, Ariba, Power BI, and Microsoft Office Suite


Other Requirements


Location: This individual must reside within commuting distance from our global headquarters in Baltimore, MD
Work-Life Integration Designation: Two (2) days a week in-office, the remainder of work week remote at home
MBA a plus


Relocation


No relocation provided


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At Under Armour, we are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and teammates without regard to race, color, religion, sex, pregnancy (including childbirth, lactation and related medical conditions), national origin, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, and any other characteristic protected by applicable law. Under Armour believes that diversity and inclusion among our teammates is critical to our success as a global company, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool.

Learn more about Under Armour’s COVID-19 response and Teammate vaccination policies here .

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