Accounts Payable Processor, Stitchfix
$23.62 - $34.76 USD hourly
Online personal styling
Job no longer available
Online personal styling
1001+ employees
Job no longer available
$23.62 - $34.76 USD hourly
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
- This role requires exceptional communication skills to maintain strong vendor relationships, resolve discrepancies promptly, and collaborate effectively with internal and external stakeholders
- You have 3+ years of Accounts Payable experience in a retail environment, with large company experience a PLUS
- You bring technical proficiency in Excel (e.g., VLOOKUP, XLOOKUP, pivot tables) and are confident in analyzing data to support decision-making
- You have hands-on experience with ERP systems, preferably Oracle, and are systems-savvy with a desire to grow in AP or accounting
- You have strong high-volume, three-way match experience and a demonstrated ability to maintain excellent supplier relationships through clear, timely and effective communication
- Your expertise in retail operations, including Return to Vendor (RTV) processes and managing carrier shrink, will drive efficiency and accuracy in AP operations
- You thrive in cross-functional environments and enjoy working with stakeholders across departments to align on solutions
- You are inquisitive, analytical, detail-oriented, and a strong communicator
- You proactively identify areas for process improvement, bringing efficiency and innovation to the accounts payable function
- You are a self-starter and team player with the ability to adapt in a fast-paced startup environment
- You understand AP's impact on accounting and SOX compliance requirements
- You have experience managing and reconciling inventory-related accounts and working directly with IT or systems teams to troubleshoot and enhance processes
- You thrive on problem-solving, are flexible in approach, and maintain a strong work ethic
- We are looking for individuals who are bright, kind, motivated by challenge, and who thrive in a fast-paced environment while building and improving processes to scale the business to the next level
What the job involves
- As the Accounts Payable Processor, you will be responsible for high-volume inventory AP processes, including reconciling inventory-related accounts, processing vendor invoices, journal entries, identifying discrepancies, reconciliations and process improvements
- You will play a hands-on role as an integral part of the AP team and serve as a key contributor in a high-growth, fast-paced environment
- Assist with month-end close by performing journal entries, handle inventory-specific accounts payable processes, ensuring seamless integration with inventory systems and proper reconciliation
- Process high-volume exceptioned non-inventory and inventory invoices using an automated three-way match process, ensuring proper GL coding and approval
- Utilize advanced Excel functions (e.g., VLOOKUP, XLOOKUP, pivot tables) to analyze, reconcile, and streamline AP data
- Identify, analyze, and communicate discrepancies between invoiced style variants and PO line items
- Process Return to Vendor and Vendor Chargeback debit memos
- Develop a deep understanding of the Stitch Fix proprietary systems and their integration with our ERP system (Oracle preferred) and OCR/IDR technologies
- Troubleshoot system holds related to three-way match processes and assess their impact on goods-received-not-invoiced accounts
- Communicate with Business Partners and vendors to resolve discrepancies and reconcile vendor statements promptly
- Manage vendor tickets and respond to inquiries within a 24-48 hour SLA
- Navigate manual workarounds and complexities related to deliveries diverted or transferred to different warehouses
- Apply strong AP technical skills, including a robust understanding of AP debits and credits; systems logic is a PLUS
- Partner with IT Systems Architects and the Engineering Team to resolve issues and enhance processes
- Participate in UATs (User Acceptance Testing) for system enhancements and ad hoc projects
- Collaborate with AP leadership to resolve transactions, monitor aged invoices, and support day-to-day activities
- Identify opportunities for process improvements and draft simple desktop procedures
- The Stitch Fix Finance 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
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.
Stitchfix's unique blend of technology and human touch allows the company to deliver its personalized experience at scale. Unfortunately, this once exciting brand has been hit hard by economic trends, cutting back staff and shutting down UK operations entirely. Only time will tell if it can bounce back 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
(Founder & Executive Chair)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.
Matt Baer
(CEO)Board Member at La-Z-Boy Incorporated. Former Chief Customer and Digital Officer at Macy's, VP at Walmart eCommerce. Founded and was COO at Bezar.
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