At 2U, we are all in on purpose. We are motivated by our mission – to eliminate the back row in education – and connected by our shared passion to deliver world-class digital education at scale. As the parent company of edX, the world’s leading online learning platform, 2U powers more than 4,000 online higher education offerings – from free courses to full degrees. Together with more than 230 colleges, universities, and corporate partners, we are helping to unlock human potential.
What We’re Looking For:
The Accounts Receivable (AR) Accountant is responsible for the accurate allocation of student payments, reconciliation of debtor accounts, and providing support to internal teams regarding student-related finance queries. This role plays a key part in ensuring the integrity of the debtors ledger, particularly during month-end processes, which include reconciling accounts, processing month-end adjustments, and ensuring all debtor accounts are up to date and accurate.
Responsibilities Include, But Are Not Limited To:
Cash Application and Reconciliation:
- Accurate allocation and reconciliation of student payments, including importing and posting bank transactions, reconciling cash accounts, and clearing all relevant process screens.
- Investigate and resolve discrepancies in customer accounts
Month - End Close Activities:
- Prepare and process account fixes.
- Ensure student accounts are reconciled and cleared.
- Accounts receivable completeness checks.
- Assist with provisions calculations and journals at month end.
Reporting and Analysis:
- Balance sheet reconciliations.
- Assist in preparing of month end and year end reports and schedules for management review.
- Cash updates as needed.
Compliance and Process Improvement:
- Support audits by providing accounts receivable documentation and explanations.
- Ensure adherence to internal controls and accounting policies.
- Identify opportunities for process and efficiency improvements.
Cross - Functional Support:
Respond to VAT related student queries and collaborate with student advisors to ensure finance related queries are resolved.
Adhoc:
- Training and mentoring of new team members.
- Assisting with special projects or analysis requests as needed.
Things That Should Be In Your Background:
- Studied or studying towards an Accounting / Finance diploma or degree (or equivalent work experience).
- Strong reconciliation skills and attention to detail.
- Experience with ERP/Accounting software.
- Proficient in Excel and Google Workspace.
- Excellent communication skills and ability to work cross-functionally.
Other Attributes That Will Help You In This Role:
Working Conditions:
- Ability to work under pressure with strict deadlines whilst maintaining a high level of accuracy.
- Ability to think in a systematic fashion.
- Contribute to a positive and collaborative team culture.
Benefits & Culture
Our global employee base is a diverse collection of innovators, dreamers, and doers working together to transform lives through higher education. We believe that every employee can advance our shared purpose, and that life at 2U should be fun and meaningful. If you’re excited by the opportunity to provide over 40 million learners and counting with access to world-class online higher education, then join us – and do work that makes a difference. #NoBackRow
We offer comprehensive benefits (unique per country) and excellent work/life balance.
Full-time, ZA benefits include:
- 2 complimentary Getsmarter short courses per year
- Subsidised medical aid with Discovery Health Medical Scheme
- 4% 2U contribution towards Discovery Life Pension Fund and Group Risk Benefit
- Employee Assistance Program (EAP)
- Generous leave policy including time off to volunteer for non-profit organization, study leave, sports leave and a company-wide festive season break
2U Diversity and Inclusion Statement
At 2U, we are committed to building and sustaining a culture of belonging, respect, and inclusion. We are proud of the steps we’ve taken to bring together an employee base that embodies diverse walks of life, ideas, genders, ages, races, cultures, sexual orientations, abilities and other unique qualities. We strive to offer a workplace where every employee feels empowered by what makes us different, as well as by how we are alike.
2U is committed to providing reasonable accommodations during our recruitment process. If you need assistance or accommodations, please reach out to us at: recruitingaccommodations@2u.com.
About 2U Inc.
For more than a decade, 2U, Inc. has been the digital transformation partner of choice to great non-profit colleges and universities delivering high-quality online education at scale. As the parent company of edX, a leading global online learning platform, 2U provides over 45 million learners with access to world-class education in partnership with more than 230 colleges, universities, and corporations. Our people and technology are powering more than 4,000 digital education offerings — from free courses to full degrees — and helping unlock human potential. To learn more: visit 2U.com.
About edX
edX is the education movement for restless learners and a leading global online learning platform from 2U, Inc. Together with the majority of the world’s top-ranked universities and industry-leading companies, we bring our community of over 45 million learners world-class education to support them at every stage of their lives and careers, from free courses to full degrees. And we're not stopping there — we're relentlessly pursuing our vision of a world where every learner can access education to unlock their potential, without the barriers of cost or location. Learn more at edX.org.
Learn more at https://2u.com/careers/
#NoBackRow
The above statements are intended to describe the general nature and level of work performed by individuals assigned to this position, and are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required. All employees may be required to perform duties outside of their normal responsibilities from time to time, as needed.
2U is an equal opportunity employer that does not discriminate against applicants or employees and ensures equal employment opportunity for all persons regardless of their race, creed, color, religion, sex, sexual orientation, gender identity, pregnancy, national origin, age, marital status, disability, citizenship, military or veterans’ status, or any other classifications protected by applicable federal, state or local laws. 2U’s equal opportunity policy applies to all terms and conditions of employment, including but not limited to recruiting, hiring, training, promotion, job benefits and pay.
2U is strongly committed to diversity within its community and especially welcomes applications from South African citizens who are members of designated groups who may contribute to Employment Equity within the workplace and the further diversification of ideas. In this regard, the relevant laws and principles associated with Employment Equity will be considered when appointing potential candidates. We are required by law to verify your ability to work lawfully in South Africa. 2U requires that you submit a copy of either your identity document or your passport and any applicable work permit if you are a foreign national, along with an updated curriculum vitae.
-png.png?width=329&height=124&name=image%20(4)-png.png)