Accounts Payable Associate

| Greater NYC Area
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About Rent the Runway:

Rent the Runway is disrupting the $1.7 trillion global fashion industry by introducing clothing rental as a utility in women’s everyday lives and empowering women to feel like their best selves everyday. We have pioneered the Closet in the Cloud and believe that every person globally will soon have a subscription to fashion. Since our launch in late 2009, we have raised $190M from top-tier investors and built one of the most beloved brands on earth. We are proud to be both a profitable and high-growth business, with a loyal 6MM-strong customer base who share the experience of renting as being empowering and smart.

Our 1000+ employees have a revolutionary spirit that permeates our culture. We’ve built - proprietary technology, a one-of-a-kind reverse logistics operation, stores of the future, a viral brand, relationships with hundreds of fashion brands - and we are obsessed with continuing to game change our customer experience. We are also trying to revolutionize entrepreneurship itself - proving that diverse teams produce outsized impact. The Rent the Runway Foundation, which our two co-founders launched together in 2015, helps tens of thousands of female entrepreneurs build and scale their own businesses with the mission of founders more clearly representing the demographics of this country.

Position Overview:

We are looking for a hard-working, highly motivated Accounts Payable Associate to join our strong Accounting group. You will play a key role on the Accounts Payable team during an exciting period of high growth and process transformation. This is a great opportunity to be a part of a fast-paced, extremely successful, high energy company.

Responsibilities:

  • Play a key role in the day-to-day operations of the AP team
  • Assist the Senior Accountant is setting up and monitoring efficient daily processes to make sure the work is properly prioritized and addressed in a timely manner
  • Code and process all vendor invoices in a timely manner. Match invoices to purchase orders and receiving documents, ensuring accuracy and approval
  • Responsible for both daily AP duties by covering a portion of the accounts, and for the overall coordination of work for the team
  • Act as a business partner to various internal departments to ensure their needs are addressed and invoices are processed on time
  • Assist with month end accruals
  • Provide support during annual and other audits, as required

Qualifications: 

  • Bachelor’s Degree in Accounting, Finance, or Business Administration required
  • At least 2-5 years of strong AP experience
  • Must demonstrate comprehension of the General Ledger and Chart of Accounts and where it flows within Financial Statements. Basic knowledge of Capitalized Assets, Prepaid Expenses, and Accruals preferred
  • Accurate and timely data entry skills with strong attention to detail
  • Intermediate knowledge of Microsoft Excel (pivot tables, v-lookup and other functions and formulas)
  • Proven time management skills
  • Must be a detail oriented self-starter with the ability to work independently and within a team environment
  • Ability to multitask and jump in to assist the team when critical
  • Strong work ethic and a can-do positive attitude is a must
  • Experience working with any major accounting software
  • Able and willing to communicate effectively with various internal and external customers
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Location

10 Jay Street , Brooklyn, NY 11201

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