Accounts Payable Manager, FIGS
Offers annual bonus program, equity and ESPP
Office located in Santa Monica, CA
Medical uniforms & clothing
Posted today
Medical uniforms & clothing
201-500 employees
Posted today
Offers annual bonus program, equity and ESPP
Office located in Santa Monica, CA
201-500 employees
Company mission
To celebrate, empower and serve those who serve others.
Role
Who you are
- The ideal candidate has experience with Coupa and Netsuite or a similar ERP and 5-7 years of accounts payable experience at fast-growing companies
- Positive attitude, proven work ethic and integrity
- A strong command of accounts payable, ERP systems, AP Automation and an analytical mindset; we’re numbers people first
- Someone who can take a task from 0 to 100 without a lot of direction; make it happen
- An interest and curiosity about e-commerce business drivers; go beyond the numbers and understand the business
- An unrelenting attention to detail; you hate making mistakes
- 5-7 years of experience in accounts payable oversight at a fast-growing company
- Advanced experience in Coupa including Coupa Pay and InvoiceSmash
- Strong interpersonal skills for building relationships with various internal teams, external accountants, vendors, and upper management
- Strong planning and organizational skills to balance and prioritize work
- Experience managing and developing accounts payable teams and a proven track record of improving AP processes
- E-commerce, consumer products or retail experience, a plus
What the job involves
- FIGS is seeking an Accounts Payable Manager to join the finance team
- The Accounts Payable Manager will report directly to the Assistant Controller and work closely with multiple teams, including finance, accounting, HR, marketing, production, and operations
- This is a cross-functional role, so this person must enjoy working closely with multiple teams
- Fully own the management of the activities and operations in the accounts payable organization and coach and mentor accounts payable staff
- Ensure all departments adhere to PO rules and work cross-functionally to ensure proper creation, approval and closing of POs
- Review all payments made outside of Coupa and ensure they are properly recorded to NetSuite
- Manage vendor relations and the implementation of vendor compliance. Ensure all vendors have provided appropriate documentation and are set up in Coupa accurately prior to payment
- Analyze invoices and expense reports for accuracy and eligibility for payment. Work with all departments to ensure receipt support is properly entered into Coupa
- Maintain and develop guidelines for proper handling and coding of invoices to maintain general ledger expense account and inventory records
- Manage the weekly payment runs. Ensure timely and accurate payments of vendor invoices and expense reports and maintain accurate financial records and control reports
- Manage and reconcile the Accounts Payable and Inventory Received Not Billed general ledger
- Develop and maintain standard operating procedures and documentation for Coupa and Netsuite accounts payable processing to ensure adherence to company guidelines and ensuring compliance with company SOX controls and documentation retention
- Provide accounting assistance to all teams across the business; respond to any accounts payable questions/concerns as they arise
- Develop and train new employees and contractors on Coupa and Netsuite, if applicable
- Prepare monthly invoice accrual journal entries
- Assist with monthly close process and communicate within the accounting department
- Ensure proper recordkeeping of purchases for use in tax preparation and periodic audits
- Prepare and submit all necessary annual reporting to the Internal Revenue Service including on for 1099
- Manage the unclaimed funds process including the remittance of unclaimed funds to the various states and ensure compliance with various state regulations
- Review employee expense reports and receipts in Concur at the end of each month. Ensure that all submissions are in line with policy
Our take
FIGS is a medical apparel brand dedicated to providing durable, comfortable, and stylish products for healthcare professionals. Operating on a direct-to-consumer model, FIGS ensures a streamlined connection with its audience.
FIGS' unique selling proposition lies in its Technical Comfort™, featured across a range of antimicrobial, elastic scrubs and uniforms designed with functional pockets. Inspired by the founders personal connection to the challenges faced by healthcare workers, the brand was created to address the discomfort of traditional uniforms and the long, demanding hours common in the profession.
More recently, FIGS has begun executing a strategic shift focused on long-term brand equity rather than short-term promotional growth. In 2024, the company signaled a move away from heavy discounting, instead increasing investment in brand building, international expansion, and new growth channels such as retail and institutional sales through its TEAMS program. While overall revenue growth has remained modest, international sales have grown rapidly, highlighting Asia as a key opportunity for future expansion. And in an increasingly competitive and promotion-driven market, FIGS' emphasis on premium positioning, disciplined pricing, and global brand development reflects a calculated bet on sustainable growth rather than volume-led gains.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
21% employee growth in 12 months
Company
Funding (last 2 of 3 rounds)
Jan 2018
$65m
SERIES B
May 2016
$5m
SERIES A
Total funding: $72m
Company benefits
- Health and Wellbeing: Comprehensive benefits and perks package focused on your well-being including: previum medical, dental, and vision coverage, FIGS-sponsored bi-weekly UberEats meal credits, free access to Breethe, a fitness stipend with ClassPass, and a free Peleton room on-site.
- Finance: Amazing 401(k) progream, with a company match up to the first 6% of your contribution. 100% FIGS-sponsored life insurance, disability insurance, access to an Employee Stock Purchase Plan and financial wellness learning opportunities.
- Family: We care for our extended FIGS family by offering generous parental leave, new-parent care meals, and a transition back to work program following leave.
- Time Away: Generous time off - flexible vacation for salaried team members and up to 3 weeks of vacation for hourly team members. We also offer access to leave programs to care for yourself and your family.
- Staying Connected: Weekly company-wide meetings, exclusive Coffee Connection meetings with the FIGS Co-CEOs, and monthly Fruitful Talks with thought-leaders and industry experts. WE support our team members through affinity groups and a thoughtfully designed Buddy Program, fostering friendship and belonging.
- Culture Committee: The Culture Committee creates incredible monthly Culture Programs spotlighting a specific area of wellness, while also finding ways to give back to the local community through volunteerism.
- Furry Friends: We partner with The Wags Club in West LA to provide weekday doggy day care at a partially subsidized cost. We also partner with MetLife to get discounts on pet insurance.
- Employee Discounts & Rewards: Team members receive 50% off, a $75 gift code on birthdays, and a special anniversary gift each year.
Company HQ
Santa Monica, CA
Leadership
Heather Hasson
(Co-Founder & Executive Chairman)Heather studied at the University of Wisconsin-Madison before co-founding FIGS in 2010. She then spent a year at Saïd Business School, and has been a RxArt Board Member since 2019.
Trina Spear
(Co-Founder & CEO)Trina began her career with 4 years at Citi, before working as an Associate at The Blackstone Group for a year. She then co-founded FIGS with Heather in 2010, and has been serving as CEO since.
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