Accounts Payable Supervisor, Ruggable

$80-90k

+ Annual Bonus percentage that varies based on level of role

NetSuite

Senior level

Los Angeles

More information about location

3 days a week in office (Gardena, CA)

Washable rugs

Be an early applicant

Washable rugs

201-500 employees

B2CManufacturingDesignInterior designConsumer GoodseCommerce

Be an early applicant

$80-90k

+ Annual Bonus percentage that varies based on level of role

NetSuite

Senior level

Los Angeles

More information about location

3 days a week in office (Gardena, CA)

201-500 employees

B2CManufacturingDesignInterior designConsumer GoodseCommerce

Company mission

Ruggable's mission is to help improve the lives of people and pets in need, while also working towards more responsible business practices.

Job

Company

Role

Who you are

This role is ideal for someone with a keen eye for detail, a proactive mindset, and a strong understanding of global AP processes
Prior experience working with multiple international divisions and currencies, as well as experience in NetSuite, will be a significant plus
Bachelor's degree in accounting, finance, or a related field
5-6 years of experience in accounts payable
Ability to lead a team and provide training and support, with 2 years+ of people management experience
Excellent written and verbal communication skills
Experience working with a large, complex organizational structure

What the job involves

We are seeking a highly motivated and detail-oriented Accounts Payable Supervisor to join our finance team
This is an exciting opportunity for someone who thrives on challenges and is eager to work with a comprehensive ERP system
Our AP operations are powered by NetSuite and Kanbina, our automated AP solution, which helps streamline invoice processing and vendor management
Oversee the day-to-day operations of the Accounts Payable function, including preparation of weekly payment runs
Ensure all invoices are processed timely, accurately, and in compliance with company policies and procedures
Manage a team of AP specialists, providing training, guidance, and support as needed
Develop and implement processes to improve the efficiency, accuracy, and internal controls of the AP function
Manage daily bank activity report to ensure accurate application of payments to corresponding invoices
Run AP aging reports and reconcile balances against the trial balance
Oversee the reconciliation of advance payments to ensure proper accounting treatment
Review invoice coding for accuracy and maintain a centralized vendor coding spreadsheet
Process rent, marketing, and royalty invoices
Upload tax-related invoices into the ERP system for proper tracking and compliance
Prepare monthly accruals to support accurate financial reporting
Assist in the preparation and submission of the annual 1099 reporting
Respond to vendor inquiries and assist in account reconciliations as needed
Collaborate with internal departments to investigate and resolve invoice and payment issues

Our take

Whilst rugs are a staple of interior design and home energy efficiency, they have historically proven a tough solution for people with kids, pets, or messy lifestyles. So Ruggable’s washable, spill-proof rug solution would have come as a welcome innovation when the company launched just over a decade ago. The product consists of a heavier duty base, and a decorative ‘rug layer’ on top, and Ruggable has been consistently expanding the design range of this product ever since.

One obstacle Ruggable will face is that washable materials have developed enough in the decade since Ruggable was founded to allow competitors to gather speed with simpler products. Brands including home design giant Dunelm, for example, offer rugs that are fully washable, without having to separate out the pieces.

Where Ruggable is certainly strong is branding. The company has done well to get products trending, with a successful focus on bloggers and major news outlets. Excellent reviews and superior product exposure are strong keys to success, especially in a period where DTC sales are king.