Senior Manager of Accounts Payable, Rent the Runway

• You have a Bachelor’s degree in relevant field preferred or equivalent experience
• You have 8+ years of progressive experience in Accounts Payable or expense management, with at least 4 years in a managerial role
• You have exceptional communication and problem-solving skills, comfortable working with stakeholders at all levels
• You have strong Excel skills, with the ability to analyze and manipulate large data sets
• You are a highly organized, detail-oriented self-starter, capable of working independently and in a team
• You have the ability to manage multiple tasks simultaneously and follow through effectively
• You have a strong work ethic and a positive, can-do attitude
• Experience with a major ERP system preferred

• As the Senior Manager, Accounts Payable, you will play a crucial role in the daily operations of our Accounts Payable team, reporting directly to the Senior Director of Accounting
• You’ll have an exciting opportunity to oversee our inventory and non-inventory Accounts Payable teams, as well as provide support during month end close for a fast-paced, extremely successful and high energy company
• Oversee day-to-day Accounts Payable operations, including vendor onboarding, managing a team of accounts payable leads and administrators
• Manage full cycle invoice processing, including purchase order matching, vendor payments, and expense reimbursement
• Review of weekly payment batches ensuring that invoices are being paid timely and in accordance with payment terms and internal policies
• Review coding of invoices and capital expenditures as needed
• Prioritize daily tasks and address urgent issues offering quick and effective solutions
• Maintain up-to-date documentation of AP processes and procedures
• Streamline workflows to enhance processing efficiency to create a best-in-class Accounts Payable function
• Develop goals and metrics for the Accounts Payable department, monitoring and communicating progress to key stakeholders
• Manage vendor relationships, supporting the Accounts Payable leads with assistance on communication around payment or discrepancy issues as needed.
• Build effective relationships across the company with various departments (Accounting, Operations, Fashion, Marketing, Legal) and act as a business partner on Accounts Payable and expense matters and inquiries
• Responsible for month-end close journal entries and reconciliations for Accounts Payable related areas, working closely with the Accounting team
• Maintain weekly and monthly schedules performing reconciliations of related balance sheet accounts
• Support the annual 1099 process, ensuring accurate reporting and compliance for all applicable vendors
• Provide audit support and participate in walkthroughs for external and internal audits
• Monitor internal controls related to the Accounts Payable function
• Participate in special projects, including new system integrations, as required

• Generous Paid Time Off including annual leave, paid bereavement, and family sick leave - every employee needs time to take care of themselves and their family.
• Universal Paid Parental Leave for both parents + flexible return to work program - because we know your newest family member(s) deserve your undivided attention.
• Paid Sabbatical after 5 years of continuous service
• Exclusive employee subscription and rental discounts
• 401k match
• Work from home opportunities
• Comprehensive health, dental care and dependents care from day 1 of employment - Your health comes first and we’ve got you covered.
• Competitive Stakeholder Pension - taking care of your future
• Company wide events and outings - our team spirit is no joke - we know how to have fun!
• Hybrid Work - our corporate employees have the option to work remotely 3 days a week, in accordance with Company policies

Total funding: $401.2m

Rent the Runway seeks to profit from two important trends in apparel consumption: wanting to stay on top of the latest fashion trends while living and purchasing sustainably. By providing a platform for women to rent designer pieces, its users can have it all.