Manager, Financial Planning & Analysis
Rent the Runway (RTR) is transforming the way we get dressed by pioneering the world’s 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 financially-savvy way to feel their best every day. As the ultimate destination for circular fashion, the brand offers infinite points of access to its shared closet via a fully customizable subscription to fashion, one-time rental, or ownership. RTR provides designer apparel and accessories from hundreds of brand partners and has built in-house proprietary technology and a one-of-a-kind reverse logistics operation.
About the role
This position will be within RTR’s FP&A team, which is central to strategic decision-making. The successful candidate will be responsible for core parts of RTR’s business, primarily related to Inventory. The role is highly cross-functional, collaborating with teams dedicated to inventory planning, procurement, and selling. This position plays a vital role in achieving strategic goals and involves direct interaction with the C-suite. The ideal candidate will be analytically rigorous, entrepreneurial, highly detail-oriented, and able to develop and maintain complex models while meeting rapid deadlines. The position reports to the Director of Strategic Finance and will include managing a direct report.
Responsibilities
- Monitor, analyze, report on, and provide strategic insights into business performance on a weekly cadence.
- Collaborate cross-functionally with the Inventory planning, buying, and selling teams to identify and provide data-driven recommendations that optimize ROI and improve overall profitability.
- Perform strategic analysis and modeling to inform key business decisions, including the build-out of new revenue streams, inventory procurement channels, and investments into existing offerings.
- Present, analyze, and interpret relevant financial data to senior leadership, partnering closely to impact strategic business decisions.
- Own the FP&A budgeting process for Inventory, including annual review and analysis, and tracking monthly/quarterly actuals vs. budget.
- Build scenario-based models linking operational drivers to financial outcomes to facilitate decision-making across the organization.
- Function effectively in a fast-paced startup environment, managing time to address high-priority items in a timely manner.
- Analyze competitor performance and market trends.
- Assist in the preparation of materials for Earnings and Board of Director meetings.
Qualifications
- Bachelor’s Degree in Business, Finance, Accounting, or Economics.
- 4+ years of finance and strategic analysis experience in investment banking, private equity, equity research, or FP&A.
- Highly skilled in financial analysis, Excel, and model building.
- Entrepreneurial drive, excellent communication, and interpersonal skills with demonstrated ability to work in a fast-paced and dynamic environment.
Benefits
- Paid Time Off including vacation, paid bereavement, and family sick leave.
- Universal Paid Parental Leave for both parents + flexible return-to-work program.
- Paid Sabbatical after 5 years of continuous service.
- Exclusive employee subscription and rental discounts.
- Comprehensive health, vision, dental, FSA, and dependent care from day 1 of employment.
- 401k match.
- Company-wide events and outings.
- Office-centric work with the option to work remotely on Fridays, in accordance with Company policies.
Pay
The anticipated base salary for this position is $98,800 to $125,000. The actual base salary offered will depend on qualifications, years of relevant experience, level of education, and certifications. This position is also eligible for equity compensation.