Accounts Payable Manager, Brooklinen
$87-96k
+ Equity
More information about location
2 days a week in office (Brooklyn, NY)
Luxury bedding and loungewear
Be an early applicant
Luxury bedding and loungewear
101-200 employees
Be an early applicant
$87-96k
+ Equity
More information about location
2 days a week in office (Brooklyn, NY)
101-200 employees
Company mission
To bring a good, luxurious night's sleep to everyone by providing high-quality yet affordable bedding and home essentials.
Role
Who you are
- This role is perfect for you if you are highly entrepreneurial, thrive in a collaborative environment, and are passionate about improving processes and systems. If this sounds like you, we’d love to hear from you!
- 5+ years of AP experience
- Prior experience in accounting and/or the e-commerce/retail industry
- High level of proficiency in Excel
- Bachelor’s degree in accounting, finance, business, or a related field of study is required
- Familiarity with systems including Tipalti, BILL and NetSuite is a plus
- Proven track record of improving processes and systems and cross-functional collaboration
- Strong attention to detail and excellent time management skills
- Strong verbal and written communication skills – email etiquette and professionalism are essential
- An entrepreneurial spirit, curious mindset, and eagerness to roll up your sleeves
What the job involves
- We’re excited to be looking for an Accounts Payable Manager to join our team in Dumbo, Brooklyn
- Reporting to our Controller, you will manage vendor spend across our key AP systems (Tipalti and BILL), establish process documentation, and implement controls to ensure best-in-class standards
- Collaborating with our FP&A function and the broader business, you will be a key counterpart in assisting with monthly re-forecasting
- Oversee and manage accounts payable functions, vendor management, and expense coding matters ensuring the timely processing of vendor payments from procurement through to the pay cycle
- Refresh the business on the AP process and what is expected at the business-level review
- Lead process improvements, develop scalable processes, maintain SOPs
- Manage day-to-day AP performance including PO and non-PO invoice processing and other one-time payments
- Perform monthly/quarterly/annual reconciliations and 1099 annual tax filing requirements and other international reporting requirements
- Be a key business counterpart to our Brooklinen team members regarding onboarding vendors, payment follow-ups, and any other inquiries found in the team inbox
- Manage our inventory and supplier payment process in NetSuite, by communicating with both internal/external contacts regarding status of weekly payments and collaborating with the broader business to forecast payments
- Mange one direct report
Application process
- Initial Interview:
- Senior Associate of Recruiting
- First Rounds:
- Controller
- Second Rounds:
- Project Review with Controller
- Assistant Controller
- Director of Recruiting
- Final Rounds:
- Chief Financial Officer
Our take
Brooklinen delivers a range of high-quality home essentials to cut out middleman suppliers, traditionally a major cost in the supply of bedding. The result is that Brooklinen is able to reduce the complexity associated with its supply chain whilst increasing product quality.
In a crowded market for home essentials, Brooklinen has proven to be hugely profitable. Its strategy of focusing on a vertically integrated supply chain has paid off with significant revenue. By creating lightweight and durable sheets designed to soften after each wash cycle, Brooklinen provides an attractive option for those wanting luxury sheets without the hefty price tag.
From the funding it has received, Brooklinen has been able to invest in its product range, such as through its expansion to loungewear to offer more options for customers. Further, the opening of physical stores in highly profitable locations has been a smart move by the company and its strategic wholesale scaling has opened up new B2B revenue.
Freddie
Company Specialist at Welcome to the Jungle
Insights
42% employee growth in 12 months
Company
Funding (last 2 of 3 rounds)
Mar 2020
$50m
GROWTH EQUITY VC
Mar 2017
$10m
SERIES A
Total funding: $60.1m
Company benefits
- Hybrid work
Company HQ
Dumbo, NY
Leadership
Vicki Fulop
(Co-Founder)Graduated from New York University with a B.A in History. Co-founded Brooklinen in 2014 and served as the CCO for almost 7 years.
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