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Director, Strategic Finance

Rent the Runway

Rent the Runway

Accounting & Finance
Brooklyn, NY, USA
Posted on Tuesday, April 16, 2024

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 Director, 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. 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 support internal strategic initiatives, partnering with the data science, revenue/marketing, and inventory teams, while also supporting quarterly earnings processes, Board of Director materials, and executive team updates. 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:

  • Prepare materials for quarterly earnings calls, investor conversations, Board of Director meetings, and executive team updates.
  • Prepare short term and long term financial planning scenarios across all areas of the business and prepare supporting materials/presentations.
  • Lead key initiatives that drive improvement in ROI, profitability, and process reliability.
  • Collaborate cross-functionally to identify and provide data-driven recommendations that optimize ROI and improve overall profitability.

About You:

  • Minimum of 7 years financial experience.
  • You have a strong financial and analytical background in banking, investing, FP&A or strategic finance.
  • You are skilled in reporting and analysis using tools like Excel, Google Sheets, Tableau, Looker and SQL.
  • You can work well with a breadth of functions including data science, operations, and accounting to analyze, package and evaluate financial performance.
  • You are an effective written and verbal communicator with strong leadership, presentation and mentorship skills.
  • 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!
  • Office centric work - our corporate employees and technical leaders have the option to work remotely on Fridays, in accordance with Company policies.

The anticipated base salary for this position is $154,000-180,000. 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. This position is also eligible for equity compensation.

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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