Senior Analyst, Finance
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 financial 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. This position offers the opportunity to provide critical business intelligence that empowers senior management to make sound decisions. By way of first class management reporting, diligent analyses, & strategic modeling, the Finance team delivers timely results & encourages open discussion & creative solutions to improve the quality of our work as the business grows. This position plays a vital role in achieving these goals, & the incumbent should have an entrepreneurial drive, be able to interact with a variety of people, maintain & develop complex models, demonstrate flexibility, & meet rapid deadlines.
What Youll Do:
- Analyze, update & develop financial models that will enable senior leadership to make effective decisions about the companys cost base & revenue projections
- Prepare & deliver daily, weekly & monthly management reports to key constituents
- Present, analyze, & interpret relevant financial data to senior leadership - partnering closely with key leaders to impact strategic business decisions
- Support key initiatives that drive improvement in ROI, profitability, & forecast reliability
- Own budgeting & forecasting processes including annual & quarterly reviews & analysis, assigning department specific budgets, & tracking monthly/quarterly actuals vs. budget
- Partner with key business areas to perform strategic analysis & modeling to help inform department specific spending & decisions
- Analyze competitor performance & market trends
- Assist in preparation of materials for Board of Director meetings
- Work on a variety of special projects that may include M&A, financings, new business initiatives, etc.
- Function effectively in an especially fast-paced start-up operating environment, manage time effectively to address high priority items in a timely manner
About You:
- You have a bachelor's Degree in Business, Finance, Accounting or Statistics
- 2-3 years experience of finance and/or strategic analysis experience
- You have entrepreneurial drive, excellent communication & interpersonal skills with demonstrated ability to work in a fast paced & dynamic environment
- You are proficient in financial analysis & model building
- You are highly motivated & willing to take on multiple responsibilities at once & are able to work comfortably under pressure to meet tight deadlines.
- You have experience working in investment banking, M&A, FP&A, corporate finance or consulting
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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The anticipated base salary for this position is $78,400 to $98,000. 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.
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