Payroll Manager, Stitchfix
$90-150k
Eligible for an annual bonus, and new hire and ongoing grants of restricted stock units, depending on employee and company performance
Online personal styling
Open for applications
Online personal styling
1001+ employees
Open for applications
$90-150k
Eligible for an annual bonus, and new hire and ongoing grants of restricted stock units, depending on employee and company performance
1001+ employees
Company mission
To change the way people find clothes they love by combining technology with the personal touch of seasoned style experts.
Role
Who you are
- The successful candidate will be someone who is looking to be a part of a world-class payroll team in a rapidly growing company
- A desire to support a world-class payroll function
- 8+ years of relevant work experience for a public company
- Proven leadership experience managing a payroll team of 2-4 individuals
- Experience in processing payroll for 2,000+ employees
- Multi-state payroll experience
- Working knowledge of ADP Vantage, Oracle, and Workday HRMS
- Fluency in MSOffice (Word, Excel) and Google Workspace (Gmail, Google Sheets, Docs, and Slides)
- Experience with ISO’s, RSU’s, and NQSO’s
- The ability to collaborate cross-functionally and build relationships in a team environment
- Experience in system implementation and/or migration
- Strong interpersonal and customer service skills and are able to establish and maintain cooperative working relationships, and to deal tactfully and courteously when explaining the functions and policies in the Payroll Department
- Integrity and maintaining the confidential nature of the information by protecting the privacy of our employees and their records
- Strong analytical and problem-solving skills and detailed oriented
- Knowledge of labor and payroll tax laws and regulations
- Payroll accounting experience
What the job involves
- The Stitch Fix Payroll team enables our clients to be their best selves. We broadly define our clients as customers, business partners, and shareholders. We drive value through business partner support, innovative and insightful analysis, and financial integrity
- We are looking for bright, kind individuals who are motivated by challenge to lead our payroll team by building and improving processes to elevate the business to the next level
- As the Payroll Manager, you will manage all aspects of the payroll processing for over 4,000 US employees. You will have the chance to serve as a key contributor to a high-growth environment and strengthen your understanding of both operational and technical payroll processes
- This position will report into our Finance department and work closely with our People & Culture team, HRIS team as well as the Accounting team
- Oversee all aspects of the payroll processing for multi-state employees (salary and hourly employees)
- Partner with the People & Culture team to develop payroll best practices, guidelines, and procedures
- Understand payroll strategies and deliver recommendations for improving payroll processes
- Monitor deliverables, SLAs and team performance, while acting as the bridge of communication between business stakeholders both internally and externally
- Work with Accounting Team to ensure all Payroll Accounting is completed accurately and timely
- Support SOX key controls
- Collaborate with various organizations within the Company to support the payroll process and to drive efficiencies and accuracy
Our take
Shopping online for clothes is not always a fun experience. Finding clothes you like is only half the battle. Sizing guides and return policies seem to have been designed to be challenging to understand, and can also vary wildly from company to company.
Stitchfix sets out to change this by making online clothes shopping personalized and hassle-free. Customers take a survey on their personal tastes, and pay a one-off fee for a stylist, to receive a box of 5 personalized items. Then, they simply pay for any items they keep, or return what they don't want free of charge. The stylists fee is deducted from the first purchase and if they keep all 5 items, they receive a discount.
Stitchfix's unique blend of technology, and human touch in styling, allows the company to deliver its personalized experience at scale, with its growing data sets putting them in a great place to predict consumer trends and preferences. Unfortunately, the company has been hit hard by the current economic climate - cutting staff back in June 2022 as well as again in early 2023. Only time will tell if this once exciting brand will be able to bounce back from this bump in the road and find success again in the future.
Steph
Company Specialist at Welcome to the Jungle
Insights
-7% employee growth in 12 months
Company
Funding (last 2 of 4 rounds)
Jun 2014
$30m
SERIES C
Oct 2013
$12m
SERIES B
Total funding: $47.6m
Company benefits
- Leadership, managing people program, career journey & other training opportunities
- Company equity for eligible roles
- Medical, dental and vision benefits
- 401(k) plan
- Unlimited vacation for qualified roles
- Competitive parental leave
- Enjoy 40% off of Fixes plus access to quarterly sample sales
- Collaborative workspaces - Open floor plan with standing desks & living room seating throughout
Company HQ
Financial District, San Francisco, CA
Leadership
Katrina Lake
(CEO)BA in Economics from Stanford. MBA from Harvard Business School. Previously 2 years as an Associate at The Parthenon Group and 2 years as an Associate at Leader Ventures.
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