Rent the Runway is hiring a

Financial Planning and Analysis (Manager / Sr. Manager / Director)

Chicago, United States

About Rent the Runway: 

Described by Forbes as “Tech’s Next Billion Dollar Star” Rent the Runway is set to disrupt the $1.7T Global Fashion Industry by ensuring that rental is a habitual, convenient, daily part of getting dressed.  We believe that every woman in the U.S. and soon every woman in the world, should have a subscription to fashion that is powered by a mobile-first experience, aided by top-notch customer service and serviced by omni-channel capabilities. We also believe that fashion is an industry that should be democratized by giving everyone access to the real thing and the associated feelings of self-confidence that comes with. Since our launch in late 2009, we have raised over $125MM and built a transformative business model, proprietary technology all coded in-house, a unique reverse-logistics operation and one of the most beloved brands on earth. 5MM women in the U.S. are members of our community - many have used Rent the Runway for some of the most important events in their lives. We have also launched a foundation to support female entrepreneurship and help women build scalable businesses. There is a revolutionary spirit in our founding DNA that permeates to our culture today; Our team is smart, aggressive, entrepreneurial and ready to continue challenging old systems and rewriting new rules.

Position Overview:

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. 

Responsibilities:

  • 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

Qualifications:

  • 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