Senior Accounts Payable Specialist, Babylist
$69.7-104.6k
Plus equity and bonus
More information about location
Online universal baby registry
Be an early applicant
Online universal baby registry
501-1000 employees
Be an early applicant
$69.7-104.6k
Plus equity and bonus
More information about location
501-1000 employees
Company mission
To help expecting parents get exactly what they need for the arrival of their new baby.
Role
Who you are
- The successful candidate will be detailed and deadline-oriented, operational, and can operate in a fast-paced and collaborative startup environment
- 4+ years of experience within accounts payable, preferably in a senior level role
- Proven experience within inventory management required
- Experienced with managing and overseeing invoice discrepancies
- Out of box thinker with impeccable problem solving skills
- Drop-ship vendor management is your speciality
- Demonstrated ability to accurately perform month-end close duties
What the job involves
- Reporting to the AP/AR Operations Manager, the Senior AP Specialist ensures that all expenses, invoices and payments are processed in a timely and accurate manner in accordance with the Company's policies and procedures
- Oversee 3-Way Match Process: Supervise the 3-way match process, ensuring accurate verification of purchase orders, receipts, and vendor invoices before processing payments
- Invoice Processing and Reconciliation: Review, approve, and process invoices for goods and services received, including dropship statements, ensuring proper coding and adherence to company policies and procedures. Reconcile vendor statements and accounts payable ledgers to ensure accurate and timely payments
- Vendor Setup and Communication: Manage the vendor setup process, including verifying vendor information and maintaining accurate records in the accounts payable system. Communicate with vendors to resolve invoice discrepancies and handle payment inquiries effectively
- Expense Reimbursements: Process employee expense reports and reimbursements, ensuring adherence to company policies and proper documentation
- Payment Processing: Manage and oversee the preparation and processing of payments to vendors, including checks, electronic transfers, and other payment methods
- Reporting, Analysis, and Compliance: Generate and analyze accounts payable reports, including aging reports and vendor performance reports, and present findings to management. Ensure compliance with internal controls, company policies, and regulatory requirements
- Month-End Close: Assist with month-end closing activities, including accruals and reconciliations
- Process Improvement: Identify and lead efforts to improve accounts payable processes and increase efficiency
- Team Management and Cross-Functional Collaboration: Lead and mentor junior accounts payable staff, providing guidance and support as needed. Collaborate with other departments, such as purchasing and inventory management, to ensure accurate and efficient processing of invoices and payments
Application process
- SMS Consent: As part of our hiring process, Babylist may offer the option to receive text message updates about your application and interview scheduling. You will have the opportunity to opt in or out of SMS communications later in the application process. Choosing not to receive SMS messages will not affect your application status, and communication will continue via email or phone. Message and Data Rates may apply. You can STOP messaging by sending STOP and get more help by sending HELP
Our take
Since its 2011 launch, Babylist has grown into one of the most highly rated baby registries in the US. The difference it offers is that it allows users to include products from any store in their registries. On top of this, the company’s model also focuses heavily on creating informational content, which allows it to generate ad revenue while building customer loyalty.
Originally scaled with fairly low venture funding, Babylist claims half of new parents in the US now use its services. This, given that the baby products industry is worth close to $90 billion, shows the immense growth of the company as well as speaking to the impact it has made in the space.
Babylist has seen strong funding in the past which fuelled projects such as the launch of virtual showrooms, and facilitated the company's expansion further into the market. The company acquired Expectful, a health and wellness tool, in 2023 with the long-term vision to combine the companies into a larger health and wellness media property, that can help people navigate all parts of parenthood from fertility to diapers.
Steph
Company Specialist at Welcome to the Jungle
Insights
67% employee growth in 12 months
Company
Funding (1 round)
Nov 2021
$40m
SERIES C
Total funding: $40m
Company benefits
- HAPPIER WEEKENDS – We work to live, not live to work. That means we generally don’t work nights or weekends, and we offer 10 paid holidays throughout the year, in addition to your paid time off.
- PAID TIME OFF THAT WORKS FOR YOU – Life is unpredictable. Use your time off for what you need, whether that’s a vacation, family event or a day to unplug.
- PARENTAL LEAVE – We offer a flexible, 12-week paid parental leave policy.
- FLEXIBLE BENEFITS – Choose from benefits that support your working style, whether that's remote, in the office or something in between.
- HEALTH & WELLNESS – Wellness benefits include 100% paid coverage for medical, vision and dental for full-time employees.
- BABYLIST STORE DISCOUNT – All full-time employees receive a generous Babylist Store discount.
Company HQ
Emeryville, CA
Leadership
Natalie Gordon
(CEO)Former Software Engineer at Amazon. Initially founded Babylist as a side project and has since taken the company to a market leading status.
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