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Senior Accountant

Rent the Runway

Rent the Runway

Accounting & Finance
Brooklyn, NY, USA
Posted on Tuesday, October 31, 2023

About Us:

Rent the Runway (RTR) is transforming the way we get dressed by pioneering the world’s first Closet in the Cloud. Founded in 2009, RTR has disrupted the $2.4 trillion fashion industry by inspiring women with a more joyful, sustainable and financially-savvy way to feel their best every day. As the ultimate destination for circular fashion, the brand now offers infinite points of access to its shared closet via a fully customizable subscription to fashion, one-time rental or ownership. RTR offers designer apparel, accessories and home decor from 700+ brand partners and has built in-house proprietary technology and a one-of-a-kind reverse logistics operation. Under CEO and Co-Founder Jennifer Hyman’s leadership, RTR has been named to CNBC’s “Disruptor 50” five times in ten years, and has been placed on Fast Company’s Most Innovative Companies list multiple times, while Hyman herself has been named to the “TIME 100” most influential people in the world and as one of People magazine’s “Women Changing the World.”

About the Job:

As the Senior Accountant, AP, you will play a key role in the day-to-day operations of our growing Accounting team, reporting directly to the Director of Accounting. You’ll have an exciting opportunity to oversee our non-inventory Accounts Payable team, as well as support the accounts payable accounts during month end close for a fast-paced, extremely successful and high energy company.

What You’ll Do:

  • Oversee non-inventory Accounts Payable and related areas such as expense reimbursement.
  • Assist in full cycle management of invoicing, payment process and tracking to metrics.
  • Assist in daily prioritization and assignment of inbound invoices; manage and escalate urgent issues as appropriate.
  • Build relationships across the company and act as a business partner on Accounts Payable and expense matters and inquiries.
  • Support the month end close by preparing ongoing journal entries as they pertain to accounts payable accounts.
  • Maintain weekly and monthly schedules performing reconciliations of related balance sheet accounts .
  • Investigate reporting discrepancies / anomalies and communicate issues as they arise in a timely manner.
  • Review invoices, expense reports, and capital expenditures as needed to ensure proper coding and accounting treatment by Accounts Payable.
  • Participate in ad hoc projects, as required.


About you
:

  • Bachelor’s degree in accounting; CPA license preferred
  • 3+ years of relevant accounting experience in either public accounting and/or relevant private industry experience
  • You are a highly organized detail-oriented self-starter with the ability to work independently and within a team environment\
  • You have exceptional communication and problem solving skills and are comfortable working with both internal and external stakeholders at various levels
  • You have exceptional Excel skills and are comfortable with analyzing and manipulating large data sets
  • You can execute and follow-through on multiple tasks simultaneously
  • You have experience with a major ERP system preferred
  • You have a strong work ethic and a can-do positive attitude

Benefits:

At Rent the Runway, we’re committed to the wellbeing of our employees, and aim to create a workplace that fosters both personal and professional growth. Our inclusive benefits include, but are not limited to:

  • Paid Time Off including vacation, 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 - Unplug, recharge, and have some fun!
  • Exclusive employee subscription and rental discounts - to ensure you experience the magic of renting the runway (and give us valued feedback!).
  • Comprehensive health, vision, dental, FSA and dependent care from day 1 of employment - Your health comes first and we’ve got you covered.
  • 401k match - an investment in your future.
  • Company wide events and outings - our team spirit is no joke - we know how to have fun!
  • Office centric work - our corporate employees and technical leaders have the option to work remotely on Fridays, in accordance with Company policies.

Rent the Runway is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant or employee based on any legally-recognized basis, including, but not limited to: race, color, religion, sex (including pregnancy, lactation, childbirth or related medical conditions), sexual orientation, gender identity, age (40 and over), national origin or ancestry, citizenship status, physical or mental disability, genetic information (including testing and characteristics), veteran status, uniformed service member status or any other status protected by federal, state or local law.

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The anticipated base salary for this position is $78,000 to $98,000. The actual base salary offered will depend on a variety of factors, including without limitation, the qualifications of the individual applicant for the position, years of relevant experience, level of education attained, certifications or other professional licenses held.