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Rent The Runway // designer dresses & accessories rental
New York City (Rent the Runway HQ)    Posted: Sunday, November 03, 2019
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About Rent the Runway:

Rent the Runway is transforming the way modern women get dressed & disrupting the $2.4 trillion global fashion industry by enabling women to rent, versus buy, clothing. Founded in 2009 with a vision to build the worlds first living closet, RTR believes that women everywhere will soon have a subscription to fashion. Weve pioneered a new industry by transforming the traditional model of clothing consumption, making apparel rental an indispensable utility while also powering women to feel their best every day. RTR offers apparel, accessories & home decor from over 650 designer partners & has built in-house proprietary technology & a one-of-a-kind reverse logistics operation. Under CEO & Co-Founder Jennifer Hymans leadership, Rent the Runway has been named to CNBCs Disruptor 50 five times in ten years, & has been placed on Fast Companys Most Innovative Companies list multiple times. RTR has five retail stores of the future, 11 million community members & employs nearly 1,800 people, all of whom have equal benefits across the organization, 93% of whom are female and/or non-white, with 80% of leaders who are women.

About the Job:

We are looking for an experienced, commercially minded, strategic Director of Payments & Corporate Expenses to help transform & scale these functions during the period of rapid business growth.

What Youll Do:

  • Oversee ongoing operations of the Accounts Payable team in a very fast paced, high volume, high growth, & high demand environment, which is in the process of transitioning from manual to automated processes
  • Lead the team of 6 to 8, including an experienced AP Manager
  • Review & approve large invoice & payment runs daily
  • Act as a subject matter expert to strategically drive various transformation initiatives around system integrations, process automation, & scaling of AP processes
  • Introduce & develop robust AP best practices to support the most efficient workflow while operating in a manual environment, & continue to scale the processes post automation
  • Ensure that daily work is properly prioritized & addressed in a timely manner to avoid backlog & inefficiencies
  • Lead & manage company-wide corporate T&E policies & practices
  • Engage with external vendor(s) to implement more robust corporate expense management systems & tools
  • Continuously develop & update internal compliance processes for corporate T&E expenses
  • Lead the effort to transition & roll out new purchasing & corporate card programs across the company
  • Act as a true business partner to various internal departments to ensure that our payment processes address their needs
  • Manage the AP team to ensure that accounting closing deadlines are adhered to
  • Provide input to the planning team around cash forecasts
  • Provide support during annual & other audits, as required
  • Mentor & develop the team, provide ongoing guidance & feedback

About You:

  • You have a bachelors or higher degree in Accounting, Finance or Business Administration
  • 10-15+ years of solid AP & T&E experience in a fast paced high volume environment is required, of which at least 5 years must be in a supervisory capacity
  • Proven experience of creating process enhancement & implementing automated solutions
  • Must possess an ability & a desire to work effectively in high demand & constantly changing environment
  • Experience in consumer and/or e-commerce industries is highly preferred
  • Able to influence at various levels & manage change effectively & cross-functionally across the organization
  • Must be able to multi-task & identify any critical needs to be prioritized
  • Strong work ethic & a can-do positive attitude are a must
  • Must be a detail-oriented self-starter
  • Able to effectively manage external parties during implementations
  • Able to effectively manage & mentor the team
  • Willing to help the broader accounting team with projects & requests as required
  • Willing & able to work extra hours as needed
  • Proficiency with Microsoft Excel is required


At Rent the Runway, were committed to the happiness & wellbeing of our employees, & aim to create a workplace that fosters both personal & professional growth. Our benefits include, but are not limited to:

  • Generous Paid Time Off including vacation, paid bereavement, & family sick leave - every employee needs time to take care of themselves & 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, & have some fun! .
  • Comprehensive health, vision, dental, FSA & dependent care from day 1 of employment - Your health comes first & weve got you covered.
  • Industry leading 401k match - an investment in your future.
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