Rent the Runway Manager / Sr. Manager, Financial Planning and Analysis in New York, New York
Manager / Sr. Manager, Financial Planning and Analysisat Rent the Runway(View all jobs)
New York, NY (Rent the Runway HQ)
About Rent the Runway:
Rent the Runway is disrupting the $1.7 trillion global fashion industry by introducing clothing rental as a utility in women’s everyday lives and empowering women to feel like their best selves everyday. We have pioneered the Closet in the Cloud and believe that every person globally will soon have a subscription to fashion. Since our launch in late 2009, we have raised $210M from top-tier investors and built one of the most beloved brands on earth. We are proud to be both a profitable and high-growth business, with a loyal 8 million -strong customer base who share the experience of renting as being empowering and smart.
Our 1000+ employees have a revolutionary spirit that permeates our culture. We’ve built - proprietary technology, a one-of-a-kind reverse logistics operation, stores of the future, a viral brand, relationships with hundreds of fashion brands - and we are obsessed with continuing to game change our customer experience. We are also trying to revolutionize entrepreneurship itself - proving that diverse teams produce outsized impact. The Rent the Runway Foundation, which our two co-founders launched together in 2015, helps tens of thousands of female entrepreneurs build and scale their own businesses with the mission of founders more clearly representing the demographics of this country.
This position offers the opportunity to provide critical business intelligence that empower senior management to make sound decisions. By way of first class management reporting, diligent analyses, and strategic modeling, the Financial Planning & Analysis team delivers timely results and encourages open discussion and creative solutions to improve the quality of our work as the business grows. This position plays a vital role in achieving these goals, and the incumbent should have an entrepreneurial drive, be able to interact with a variety of people, develop and maintain complex models, demonstrate flexibility, and meet rapid deadlines.
Building financial models that will enable senior leadership to make effective decisions about the company’s cost base and revenue projections
Presenting, analyzing, and interpreting relevant financial data to senior leadership - partnering closely with key leaders to impact strategic business decisions
Working on a variety of special projects that may include M&A, financings, new business initiatives, etc.
Owning budgeting process including annual review and analysis, assigning department specific budgets, and tracking monthly/quarterly actuals vs. budget
Partnering with key business areas to perform strategic analysis and modeling to help inform department specific spending and decisions
Analyzing competitor performance and market trends
Writing commentary that adds value and draws attention to key issues and/or perspectives
Establishing and reporting key operating metrics used to drive the business to greater efficiency
Assisting in the upgrade of reporting standards through the pursuit of continuous process improvement and liaison with the various business departments
Preparing and delivering daily, weekly and monthly management reports to key constituents
Functioning effectively in an especially fast-paced start-up operating environment, managing time effectively to address high priority items in a timely manner
Assisting in preparation of materials for Board of Director meetings
Bachelor's Degree in Business, Finance, Accounting or Statistics
3-7 years of experience finance and strategic analysis in banking or an operational role (for manager/sr. manager role) 8-10 years for director role
Entrepreneurial drive, excellent communication and interpersonal skills with demonstrated ability to work in a fast paced and dynamic environment
Proficient in financial analysis and model building
Experience utilizing various valuation methodologies including discounted cash flow, P/E, EV/EBITDA, and SOTP analysis
Investment banking, M&A, or corporate finance experience preferred