Accounts Payable Processor

Stitch Fix • Remote, OR

414d • $49,920 - $99,840

About The Position

The Accounts Payable Processor at Stitch Fix is responsible for managing high-volume inventory accounts payable processes, including vendor invoice processing, account reconciliation, and identifying discrepancies. This role requires strong communication skills to maintain vendor relationships and collaborate with internal and external stakeholders, contributing to the efficiency of the accounts payable team in a fast-paced environment.

Requirements

• 3+ years of Accounts Payable experience in a retail environment, with large company experience a PLUS.
• Technical proficiency in Excel (e.g., VLOOKUP, XLOOKUP, pivot tables).
• Hands-on experience with ERP systems, preferably Oracle.
• Strong high-volume, three-way match experience.
• Demonstrated ability to maintain excellent supplier relationships through effective communication.
• Expertise in retail operations, including Return to Vendor processes.
• Ability to thrive in cross-functional environments and work with stakeholders across departments.
• Inquisitive, analytical, detail-oriented, and a strong communicator.
• Proactive in identifying areas for process improvement.
• Self-starter and team player with adaptability in a fast-paced environment.
• Understanding of AP's impact on accounting and SOX compliance requirements.
• Experience managing and reconciling inventory-related accounts.

Nice To Haves

• Experience with OCR/IDR technologies.
• Familiarity with troubleshooting system issues related to accounts payable processes.

Responsibilities

• Assist with month-end close by performing journal entries and handling inventory-specific accounts payable processes.
• Process high-volume exceptioned non-inventory and inventory invoices using an automated three-way match process.
• Utilize advanced Excel functions 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 Stitch Fix proprietary systems and their integration with ERP systems.
• Troubleshoot system holds related to three-way match processes.
• 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 related to deliveries diverted to different warehouses.
• Apply strong AP technical skills, including a robust understanding of AP debits and credits.
• Partner with IT Systems Architects and the Engineering Team to resolve issues and enhance processes.
• Participate in UATs for system enhancements and ad hoc projects.
• Collaborate with AP leadership to resolve transactions and monitor aged invoices.
• Identify opportunities for process improvements and draft simple desktop procedures.

Benefits

• Competitive salary and benefits package including medical, dental, and vision insurance.
• Comprehensive compensation packages and inclusive health and wellness benefits.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Clothing, Clothing Accessories, Shoe, and Jewelry Retailers
• Education Level: No Education Listed