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Rent The Runway // designer dresses & accessories rental
 
Brooklyn, NY (Rent the Runway HQ)    Posted: Thursday, July 21, 2022
 
   
 
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JOB DETAILS
 

About Us:  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. Rent the Runway has 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 700 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.

About the Job:  The Senior Analyst, Finance will play an important strategic finance role at Rent the Runway by partnering closely both within the Finance organization & cross-functionally to drive business decisions & help to set long-term financial strategy. Inventory is Rent the Runways biggest investment by far, & this role will support critical business partnerships with our inventory planning team focusing on optimizing inventory return on investment & acquisition strategy. By way of first class management reporting, diligent analyses & strategic modeling, you will provide insight into business trends & new initiatives in a fast-paced & highly collaborative cross-functional environment. This role will partner closely with data science, inventory planning & other cross-functional teams to drive constant improvements in inventory profitability, rental/sale life-cycle strategy, & acquisition mix. You will also be involved in long term financial planning, unit economics modeling, analysis & tracking of key metrics, & other capital planning exercises.

What Youll Do:  

  • Work with the Director of Inventory Finance to lead the Finance teams business partnership with Inventory Planning, Data Science & Operations, serving as both a strategic & analytical partner. 
  • Support key initiatives that drive improvement in ROI, profitability, & forecast reliability.
  • Collaborate cross-functionally to identify & provide data-driven recommendations that optimize ROI & improve overall profitability.
  • Track, analyze & report on inventory performance & related financial reporting line items relative to budget & forecast through detailed analysis & partnership with data science, operations & other cross-functional teams.
  • Build & manage monthly & annual forecasts for inventory spend/costs, acquisition mix, & liquidation/resale revenue.
  • Upgrade reporting for inventory spend/costs, acquisition mix, & liquidation/resale revenue through the pursuit of continuous process improvement & liaison with various business departments.

About You:  

  • 2-3 years experience, with a background in FP&A/strategic finance, banking or consulting.
  • You can work well with a breadth of functions including data science, operations, & accounting to analyze, package & evaluate financial performance. 
  • You have demonstrated proficiency using Microsoft Excel for financial analysis & model building.  Prior experience with BI Visualization tools, such as Looker or Tableau, & writing SQL queries is a plus but not required.
  • You are highly motivated & willing to take on multiple responsibilities at once & are able to work comfortably under pressure to meet tight deadlines.  
  • You are flexible & have strong interpersonal skills.

Benefits:

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

  • 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!
  • Exclusive employee subscription & rental discounts -  to ensure you experience the magic of renting the runway (and give us valued feedback!).
  • Comprehensive health, vision, dental, FSA & dependent care from day 1 of employment - Your health comes first & weve got you covered.
  • 401k match - an investment in your future.
  • Company wide events & outings - our team spirit is no joke - we know how to have fun!
  • Hybrid Work - our corporate employees have the option to work remotely 3 days a week, in accordance with Company policies.

COVID-19 VACCINE REQUIREMENT:

RTR is requiring all US corporate employees to be fully vaccinated for COVID-19 in order to work in person, unless an employee requires a reasonable accommodation for medical or religious reasons.  If you believe that you may require an accommodation, please apply for any roles that interest you & if hired, you will receive information on how to request a reasonable accommodation after your start date. RTR will evaluate all such requests in accordance with Company policy & applicable law.   

Rent the Runway is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant or employee based on any legally-recognized basis, including, but not limited to: race, color, religion, sex (including pregnancy, lactation, childbirth or related medical conditions), sexual orientation, gender identity, age (40 & over), national origin or ancestry, citizenship status, physical or mental disability, genetic information (including testing & characteristics), veteran status, uniformed service member status or any other status protected by federal, state or local law.

 
 
 
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