About the Team
The Stitch Fix Finance team enables our clients to be their best self. We broadly define our clients as customers, business partners, and shareholders. We drive value through business partner support, innovative and insightful analysis, and financial integrity. We are looking for a bright, kind, and motivated-by-challenge individual who thrives in a fast-paced environment and is excited to help build and improve processes to scale the business to the next level.
About the Role
Stitch Fix is looking for a Staff Accountant, Inventory to join our team, reporting directly to the Inventory Accounting Manager. You will support the inventory accounting process, and collaborate with internal teams to assure proper processes around the related accounting. In addition, you will have the unique opportunity to work with our IT/Engineering teams to build and develop key tools and systems to be used with our inventory processes.
You're excited about this opportunity because you will…
- Prepare month-end journal entries related to inventory and supply chain, including on-hand inventory, in-transit inventory, vendor discounts, monthly accruals and account reconciliations.
- Reconcile and monitor inventory transactions (e.g. Receiving, COGS, Returns, Shrink) in the inventory subledger to the General Ledger and work with IT partners to investigate and resolve discrepancies. Ensure accounting is consistent with system and financial reporting.
- Partner cross-functionally with related business teams on process improvement such as: Accounts Payable, merchandising, warehousing and operations teams on process improvements.
- Verification of actuals versus budget account explanations with our FP&A partners, as well as explaining fluctuations from prior period actuals for internal analysis.
- Participate in User Acceptance Testing for ERP system; understand the resulting changes to transaction flows and testing the new reports.
- Ad-hoc reporting to analyze different areas of the business and monthly/quarterly financials.
- Prepare audit schedules and respond to audit inquiries.
We’re excited about you because…
- Have a Bachelor's degree with a major or in Accounting or Business Administration with an Accounting emphasis
- Have 1-3+ years of accounting experience. Experience with Inventory accounting is a plus.
- Are highly skilled in Microsoft Excel (pivot tables, Vlookup etc.), and the ability to quickly manipulate and analyze large data sets and build reports. Alteryx is a bonus.
- Have desire to learn and use SQL/databases in daily work
- Display excellent quantitative, reasoning and analytical skills
- Have strong communication skills and sense of urgency
- Are a proactive thinker and self-starter and high degree of ownership
- Are flexible, organized, and able to handle competing priorities
- Maintain a flexible mindset and willingness to embrace change
- Above all else, you are bright, kind and motivated by challenge
Why you'll love working at Stitch Fix...
- We are a group of bright, kind people who are motivated by challenge. We value integrity, innovation and trust. You’ll bring these characteristics to life in everything you do at Stitch Fix.
- We cultivate a community of diverse perspectives— all voices are heard and valued.
- We are an innovative company and leverage our strengths in fashion and tech to disrupt the future of retail.
- We win as a team, commit to our work, and celebrate grit together because we value strong relationships.
- We boldly create the future while keeping equity and sustainability at the center of all that we do.
- We are the owners of our work and are energized by solving problems through a growth mindset lens. We think broadly and creatively through every situation to create meaningful impact.
- We offer comprehensive compensation packages and inclusive health and wellness benefits.
About Stitch Fix
We're changing the industry and bringing personal styling to every body. We believe in a service and a workplace where you can show up as your best, most authentic self. The Stitch Fix experience is not merely curated—it’s truly personalized to each client we style. We are changing the way people find what they love. We’re disrupting the future of retail with the precision of data science by combining it with human instinct to find pieces that fit our client’s unique style. This novel juxtaposition attracts a highly diverse group of talented people who are both thinkers and doers. This results in a simple, yet powerful offering to our customers and a successful, growing business serving millions of men, women and kids throughout the US. We believe we are only scratching the surface and are looking for incredible people like you to help us boldly create our future.
Compensation and Benefits
Our anticipated compensation reflects the cost of labor across several US geographic markets, and the range below indicates the low end of the lowest-compensated market to the high end of the highest-compensated market. This position is eligible for new hire and ongoing grants of restricted stock units depending on employee and company performance. In addition, the position is eligible for medical, dental, vision, and other benefits. Applicants should apply via our internal or external careers site.
Salary Range
$88,000—$93,000 USD
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