AP Specialist

Description

About Lovesac

We are a young-at-heart, fast-growing furniture company, dedicated to helping people fill their homes with Total Comfort™. We do this by designing and innovating furniture solutions that are adaptable, washable, expandable, and delivered-right-to-your-door-able, allowing our customers to live the life they want to live.

Our Designed for Life mission started with Sacs, a seat so much better than your classic beanbag made with repurposed Durafoam and designed to reduce environmental impact while providing unimaginable, cloud-like comfort. From there, we expanded the possibility for sustainable furniture with Sactionals, a customizable modular sectional that can be endlessly rearranged to evolve with you. Our product line has grown a lot since our Sacs days, but our goal will always remain the same – to create truly adaptable, comfortable furniture that can be with you for life.

About our Culture

At Lovesac, we strive to be an employer of choice by embodying a culture that encourages team members to think and dream big. We call this Top Ambition. We aim to not only excel within our industry, but also make a meaningful impact on the world. Above all else, we’re driven by love (because it matters) and are dedicated to promoting love and happiness in all aspects of our work. It’s about success, of course, but it’s also about making a positive impact on everyone our business touches.  By prioritizing work-life balance and flexible schedules, we help people find great fulfillment in their careers and their lives.

Visit www.lovesac/careers.com to learn more about Lovesac!

About the Role

As our Accounts Payable Specialist, you will manage the timely processing and payment preparation of all designated supplier invoices. You must maintain strong relationships with your internal budget approvers and partner closely with our accounting, logistics, showroom planning, tax, refund and financial planning teams. You will also work closely with external auditors, suppliers and third-party service providers. Our ideal candidate is a dynamic self-starter, focused on continuous improvement, who demonstrates a healthy curiosity, high attention to detail and a passion for all that they do.

This position is remote and will report into Lovesac Corporate HUB based in Stamford, CT.  Candidates must fully reside in the United States at all times during employment and should have the ability to travel as needed. 

What You’ll Do

• Responsible for preparing, reviewing, managing and payment of Accounts Payable invoices.
• Own third-party utility management platform and relationship. Manage exception queue, reconcile weekly auto-debits, and transition new accounts to third-party utility platform.
• Manage the opening and closing of online utility accounts and conduct a weekly presentation on account statuses to cross functional partners.
• Manage third-party Logistics payables process. Responsible for the auditing, import integration, payment execution and reconciliation of all related invoices.
• Manage daily ACH Fraud Filter by vetting all charges, gathering support and providing approval to release to direct supervisor. Work with bank partners to investigate all non-approved fraud filter activity and present findings to leadership.
• Partner with Lease Admin, Tax, Refund, and Payroll teams to settle all inquiries, set up new suppliers, record payables, and apply bill payments.
• Provide top quality assistance and support to internal and external business partners.
• Must meet or exceed all month end deliverables and reconciliations.
• Perform any other reasonable duties for this role as requested by management.  

Who you Are:

Our Lovesac Values: 

• Core Values: Top Ambition, Willing to Sweep Floors, Grit,
• Table-Stake Values: Positive, Passionate, Collaborative, Flexible, Self-Starting, Self-Aware, Candid, Empathetic, Inclusive, Insatiable Learners

Our Lovesac Core Competencies: 

• Builds Customer Centricity
• Drives Remark-able Results
• Collaborates Effectively
• Makes Good Decisions
• Demonstrates Self-Awareness        

Requirements

• Bachelor’s Degree preferred but not required.
• Minimum of 3 years of Accounts Payable and/or Accounts Receivable experience required.
• NetSuite experience or other ERP systems (i.e. Oracle, SAP, Coupa, Great Plains) preferred.
• Proficiency required in Microsoft Office: Word, Excel & PowerPoint.
• Maintains the highest level of customer service, creating solutions and experiences that drive business results and engagement with the brand.
• Able to prioritize responsibilities with the appropriate level of urgency, able to listen and can use this information to solve problems, anticipate issues and make correct decisions based on a variety of situations.
• Must have the ability to manage multiple projects simultaneously while meeting deadlines consistently.
• Must have superior communication skills; verbal, written and interpersonal skills; able to listen effectively to solve problems, anticipate issues and make effective decisions.
• Exemplify each of our Lovesac values, at all times, be results driven and utilize knowledge to meet or exceed key performance indicators (KPIs), goals and deadlines.
• Must be able to travel using various forms of transportation, as required by the Company in its sole discretion, for meetings and conferences held either at our offices or offsite (i.e. quarterly team connection weeks, companywide meetings, vendor visits).
• Must comply with all policies and procedures outlined in the Lovesac Employee Handbook and work collaboratively with fellow employees, treating all clients, both internal and external with dignity and respect at all times.

Full Time Benefits*

• Financial Benefits: Annual Bonus Program, Annual and Inaugural Grant Equity Awards, 401K Matching Contribution, Financial Wellness Tools, Sales Incentive Program.
• Health and Wellness Benefits: Medical, Dental, Vision, Health Savings and Flexible Spending Accounts, Paid Parental Leave, Life/AD&D, Short Term and Long-Term Disability, Critical Illness and Accident Insurance, Employee Assistance Program.
• Paid Time Off: Up to 160 hours of paid time off within our fiscal calendar year, prorated from date of hire, 8 paid company recognized holidays, Summer Flex Time.
• Pet Insurance and generous Associate Discounts.

*Eligibility and terms for all benefits listed are as outlined in Lovesac’s policy and plan documents.

Associate pay will vary based on factors such as qualifications, experience, skill level and competencies.

Lovesac is an Equal Opportunity Employer and considers all applicants for employment without regard to race, color, religious creed, ancestry, national origin, ethnicity, religion, sex, sexual orientation, gender (including gender-related identity, gender nonconformity, or status as a transgender or transsexual individual),, pregnancy, age, national origin, marital status, physical or mental disability, military status, genetic information or any other characteristic protected by applicable law.

Non-New York City Applicants Only: To the extent permitted by law, conditional offers of employment will be contingent upon successful completion of a background check, including but not limited to education verification, employment history verification, reference checks, criminal history and motor vehicle history (if vehicle required). All qualified applicants with criminal histories will be considered in accordance with applicable local, state, and federal law

Lovesac participates in E-Verify as required by law. Immigration sponsorship is not available for this role.

Lovesac is committed to the principles of equal employment opportunity and providing reasonable accommodations to candidates with disabilities. If you need an accommodation during the application process, please reach out to us at: TalentAcquisition@lovesac.com.