Expense Payables Associate

Posted 21 Days Ago
New York, NY
62K-80K Annually
Junior
Digital Media • eCommerce • Software
The Role
The Expense Payables Associate manages non-merchandise payables, ensuring accurate daily/monthly functions, handling transactions, and resolving vendor inquiries. Responsibilities include invoice processing and reporting.
Summary Generated by Built In

Salary Range $62,400 - $80,200*

Job Description:

Who We Are:
Saks is a world-renowned luxury ecommerce destination. The company’s unique approach combines a focus on the
digital customer experience with a strong connection to a network of extraordinary stores that extends that seamless
experience into the real world.

On its website and app, Saks offers an unparalleled selection of curated merchandise across fashion for women and
men, beauty, jewelry, home décor and more. In addition to the shopping experience, customers come to Saks for inspiring
editorial content, access to digital stylists, lifestyle experiences and other world-class services. The company is currently
in the midst of a dramatic expansion, driven by significant enhancements to its platforms and offerings, with the goal of
becoming the preeminent destination for luxury internationally.

Role Summary:
The Expense Payables Associate supports Expense (non-merchandise) payables to ensure all daily / monthly / quarterly functions
are completed accurately and on time within company policy. The incumbent will be responsible for handling transactions and
reconciliations to the offshore AP Expense Payables team as part of their daily responsibilities.

Key Qualifications:

Required Qualifications (Minimum Requirements):
● Bachelor’s degree, with business or accounting background preferred
● Experience within Accounts Payable function in a large company
● Strong analytical and reporting skills
● A minimum of 1-3 years of experience in Accounts Payable.
● Exposure to AP systems and technology, preferably Workday or similar systems
● Required to have intermediate Microsoft Excel skills
● Superior communications skills, both written and oral.
● Demonstrated understanding and acceptance for responsibility of confidentiality.
● Strong organizational / time management skills/problem solving skills
● A proven ability to build strong business relationships beyond the finance team, as well as ability to effectively manage the
needs of multiple stakeholder groups.
● Strong customer service focus.
● Ability to multi-task and manage multiple priorities simultaneously
● Experience with accounting monthly and quarterly close process within the AP function

Preferred Qualifications (nice to haves):
● Experience in the retail industry preferred

Role Description:

Day to Day Duties:
● Provide support and direction to expense managers throughout the company pertaining to the payment of expense invoices
and helping to resolve any escalated issues or invoices / payments requiring expedited treatment.
● Provide Workday support to users for creation of invoice and supplier records.
● Communicate with vendors to resolve any issues related to payments or invoices
● Provide remittance upon request
● Reconcile vendor statements and resolve any discrepancies
● Verify weekly tech invoices for payment
● Assist with the annual 1099 tax preparation
● Protect the assets of the company by ensuring that policies and procedures pertaining to the approvals and vendor
deductions are clearly defined and communicated and are followed by associates.
● Provide input on Policies and Procedures related to Expense
Support Period-end close activities for the Expense Payables team:
● Support the external and internal audit process as required
● Assist with projects and ad hoc requests as needed

Reporting / Analysis of non-Merchandise spend:
● Generate payment reporting for business partners
● Perform daily audit of processed invoices

Your Life and Career at Saks:
● Exposure to rewarding career advancement opportunities
● A culture that promotes a healthy, fulfilling work/life balance
● Benefits package for all eligible full-time employees (including medical, vision and dental).
● An amazing employee discount

Thank you for your interest in Saks. We look forward to reviewing your application.

Saks provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex,
national origin, age, disability or genetics. In addition to federal law requirements, Saks complies with applicable state and local laws governing
nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment,
including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.
Saks welcomes all applicants for this position. Should you be individually selected to participate in an assessment or selection process, accommodations

are available upon request in relation to the materials or processes to be used.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

Saks.com is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.



*The above expected salary range may have some variability based upon factors including, but not limited to, a candidate’s overall experience, qualifications, and geographic location. If you are interested in the role, we encourage you to apply and, if selected to move forward in the interview process, you will have a chance to speak with our recruitment team regarding your specific salary expectations.

Top Skills

Accounts Payable
Excel
Workday
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The Company
HQ: New York, New York
770 Employees
On-site Workplace
Year Founded: 2021

What We Do

Saks is the premier digital platform for luxury fashion in North America. Driven by a mission to help customers express themselves through relevant and inspiring style, we serve as a destination to explore and discover the latest in luxury from established and emerging designers. Our expertly curated assortment features sought-after names in women’s, men’s and kids’ fashion, as well as beauty, home and lifestyle merchandise. Through Saks.com and the mobile app, we provide access to professional stylists, inspiring editorial content and interactive events. Our differentiated approach seamlessly combines elevated online experiences with in-person services through an exclusive partnership with the Saks Fifth Avenue stores.

Visit Saks.com for more information.

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