About the job
About Us:
At Rent the Runway (RTR), we are revolutionizing the fashion industry with our innovative Closet in the Cloud. Established in 2009, RTR has disrupted the $2.4 trillion fashion market, empowering women with a joyful, sustainable, and financially savvy approach to dressing for success. As a leader in circular fashion, we provide limitless access to a shared closet through customizable subscriptions, one-time rentals, or direct ownership. Our platform boasts a diverse range of designer apparel and accessories from hundreds of brand partners, underpinned by proprietary technology and a unique reverse logistics operation. Guided by CEO and Co-Founder Jennifer Hyman, RTR has earned a spot on CNBC’s “Disruptor 50” list five times and has been recognized multiple times by Fast Company as one of the Most Innovative Companies. Hyman herself has been honored as one of TIME’s “100 Most Influential People” and featured in People magazine’s “Women Changing the World.”
Position Overview:
We are seeking a dynamic Manager for our Financial Planning and Analysis (FP&A) team, a critical component in driving strategic decision-making at RTR. In this role, you will oversee essential aspects of our operations, including Warehouse Labor & Fulfillment and Transportation, alongside Company-wide Operating Expenses. Your work will span multiple functions across our supply chain, making you a key player in meeting our strategic objectives. You will engage directly with C-suite executives, making it essential for you to possess an entrepreneurial spirit, the ability to collaborate with diverse teams, develop and manage complex financial models, exhibit flexibility, and thrive under tight deadlines.
The role includes management of a Senior Analyst who will report directly to you.
Responsibilities:
- Collaborate with Supply Chain teams to monitor, forecast, and enhance labor, transportation, and fulfillment processes.
- Conduct strategic analyses and develop models to support decision-making for these teams.
- Present and interpret financial data to senior leadership, working closely with key stakeholders to influence strategic decisions.
- Oversee the budgeting process for Operations and General & Administrative functions, including annual reviews, budget assignments for departments, and tracking monthly/quarterly budget variances.
- Lead initiatives aimed at improving cost efficiency across operations, partnering with cross-functional teams to identify and implement savings opportunities.
- Create scenario-based financial models that link operational drivers to financial outcomes, facilitating informed decision-making.
