Senior Analyst Finance Inventory

Profile

About Us:
Rent the Runway is transforming the way modern women get dressed and 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 world’s 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, and home decor from over 700 designer partners and has built in-house proprietary technology and a one-of-a-kind reverse logistics operation. Under CEO and Co-Founder Jennifer Hyman’s leadership, Rent the Runway has been named to CNBC’s “Disruptor 50” five times in ten years and has been placed on Fast Company’s 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 and cross-functionally to drive business decisions and help to set long-term financial strategy. Inventory is Rent the Runway’s biggest investment by far, and this role will support critical business partnerships with our inventory planning team focusing on optimizing inventory return on investment and acquisition strategy. By way of first class management reporting, diligent analyses and strategic modeling, you will provide insight into business trends and new initiatives in a fast-paced and highly collaborative cross-functional environment. This role will partner closely with data science, inventory planning and other cross-functional teams to drive constant improvements in inventory profitability, rental/sale life-cycle strategy, and acquisition mix. You will also be involved in long term financial planning, unit economics modeling, analysis and tracking of key metrics, and other capital planning exercises.
What You’ll Do:
Work with the Director of Inventory Finance to lead the Finance team’s business partnership with Inventory Planning, Data Science and Operations, serving as both a strategic and analytical partner.
Support key initiatives that drive improvement in ROI, profitability, and forecast reliability.
Collaborate cross-functionally to identify and provide data-driven recommendations that optimize ROI and improve overall profitability.
Track, analyze and report on inventory performance and related financial reporting line items relative to budget and forecast through detailed analysis and partnership with data science, operations and other cross-functional teams.
Build and manage monthly and annual forecasts for inventory spend/costs, acquisition mix, and liquidation/resale revenue.
Upgrade reporting for
inventory spend/costs, acquisition mix, and liquidation/resale revenue
through the pursuit of continuous process improvement and 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, and accounting to analyze, package and evaluate financial performance.
You have demonstrated proficiency using Microsoft Excel for financial analysis and model building. Prior experience with BI Visualization tools, such as Looker or Tableau, and writing SQL queries is a plus but not required.
You are highly motivated and willing to take on multiple responsibilities at once and are able to work comfortably under pressure to meet tight deadlines.
You are flexible and have strong interpersonal skills.
Benefits:
At Rent the Runway, we’re committed to the wellbeing of our employees, and aim to create a workplace that fosters both personal and professional growth. Our inclusive benefits include, but are not limited to:
Paid Time Off including vacation, paid bereavement, and family sick leave - every employee needs time to take care of themselves and 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, and have some fun!
Exclusive employee subscription and rental discounts - to ensure you experience the magic of renting the runway (and give us valued feedback!).
Comprehensive health, vision, dental, FSA and dependent care from day 1 of employment - Your health comes first and we’ve got you covered.
401k match - an investment in your future.
Company wide events and 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 and 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 and 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 and over), national origin or ancestry, citizenship status, physical or mental disability, genetic information (including testing and characteristics), veteran status, uniformed service member status or any other status protected by federal, state or local law.

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