Director, Finance
Director, Finance
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Job Alert
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$ 154170 - 192712
1 Vacancy
Job Description
About Us:
Rent the Runway (RTR) is transforming the way we get dressed by pioneering the worlds 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 financiallysavvy 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 onetime rental or ownership. RTR offers designer apparel and accessories from hundreds of brand partners and has built inhouse proprietary technology and a oneofakind reverse logistics operation. Under CEO and CoFounder Jennifer Hymans leadership RTR has been named to CNBCs Disruptor 50 five times in ten years and has been placed on Fast Companys 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 magazines Women Changing the World.
About the Job:
The Director Finance will play an important leadership role at Rent the Runway. The ideal candidate will be analytically rigorous able to master the details and be comfortable presenting to clevel executives. Inventory is a critical area for Rent the Runway. This role will own critical analyses focused on monitoring and optimizing inventory. The role will partner with the buying and inventory planning teams to report analyze and provide strategic insights into business performance trends and new initiatives in a fastpaced highly collaborative and creative environment. The role will also support quarterly earnings processes Board of Director materials and executive team updates.
What Youll Do:
- Monitor analyze report and provide insights into business performance on a weekly basis
- Play a leadership role in inventory including building and managing monthly and annual forecasts for inventory spend/costs acquisition mix and liquidation/resale revenue
- Track analyze and report on inventory performance and related financial reporting line items relative to budget and forecast through detailed analysis and partnership with data science operations and other crossfunctional teams
- Collaborate crossfunctionally to identify and provide datadriven recommendations that optimize ROI and improve overall profitability
- Be able to build maintain and oversee complex financials models
- Collaborate crossfunctionally to identify and provide datadriven recommendations
- Prepare short term and long term financial planning scenarios across all areas of the business and prepare supporting materials and presentations.
About You:
- You have a minimum of 7 years financial experience.
- You have a strong financial and analytical background in investment banking private equity or FP&A.
- You are skilled in reporting and analysis using tools like Excel Google Sheets Google Slides and Looker.
- You can work well with a breadth of functions such as revenue / marketing CX data science and accounting to analyze package and evaluate financial performance.
- You are an effective written and verbal communicator with strong leadership presentation and mentorship skills.
- You are highly motivated and willing to take on multiple responsibilities at once and are able to work comfortably under pressure to meet tight deadlines.
- You are flexible and have strong interpersonal skills.
Benefits:
At Rent the Runway were 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 weve 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.
The anticipated base salary for this position is $154170 to $192712. 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. This position is also eligible for equity compensation.
By submitting your application below you agree that you have read and acknowledge Rent the Runways Candidate Privacy Policy found here.
Required Experience:
Director
Employment Type
Full Time
