Full-Time

Strategic Finance Associate

Posted on 8/27/2024

WhatNot

WhatNot

501-1,000 employees

Online marketplace for authentic collectibles

Consumer Software
Consumer Goods

Compensation Overview

$110k - $150kAnnually

Junior, Mid

San Francisco, CA, USA + 2 more

More locations: Los Angeles, CA, USA | New York, NY, USA

Team members must be within commuting distance of San Francisco, New York, or Los Angeles.

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Python
SQL
Data Analysis
Requirements
  • 2+ years of full-time experience in finance
  • 2+ years of experience in investment banking, private equity / VC, consulting or strategic finance at a fast-paced tech company
  • Exceptional financial modeling skills with the ability to tackle ambiguous problems and produce elegant and insightful analyses
  • Experience building and maintaining complex financial models reflecting operational business dynamics
  • Excellent attention to detail, problem-solving, analytical, and communication skills
  • Ability to partner cross-functionally, influence, and communicate financial concepts to all business partners
  • Experience in Strategic Finance at Software / Consumer Marketplace and / or growth-stage companies (Nice to Have)
  • Familiarity with SQL, Python, or other data languages (Bonus Points)
  • Familiarity with financial planning software (we use Pigment here at Whatnot!)
Responsibilities
  • Own financial reporting and forecasting for core business profitability, focused on top-line (GMV and Revenue) metrics and Gross Profit / Contribution Margin and above, with growth opportunities to be a functional owner of key profitability drivers
  • Act as a business partner to cross-functional teams (Category Expansion, Strategic Partnerships, Marketing, Engineering) to own strategic financial modeling and evaluation of business opportunities
  • Evaluate and support Pricing and Promotions initiatives across the business by deeply understanding financial implications
  • Support month-end close process via Gross Profit reporting (forecast vs. actual variance analysis, key metrics reporting)
  • Own and drive strategic profitability levers, transforming operational and financial data into financial insights and recommendations
  • Assist in the creation of internal monthly reporting packages and external quarterly reporting deliverables (i.e. Board Meeting presentations and investor reporting), in partnership with various Finance & Accounting teams and Data

Whatnot.com operates as an online marketplace dedicated to collectibles, particularly focusing on items like Funkos and FiGPiNs. The platform ensures that every collectible listed is 100% authentic through a rigorous verification process that includes hand authentication, providing trust and security for both buyers and sellers. It primarily serves collectors and enthusiasts who are passionate about pop culture and are in search of rare and exclusive items from franchises such as Marvel Comics and Star Wars. Whatnot.com distinguishes itself from competitors by charging low fees on sales and offering seller protection, which guarantees prompt and secure payments. The company's goal is to create a safe and reliable environment for collectors to buy and sell their prized items.

Company Stage

Series D

Total Funding

$470.9M

Headquarters

Marina del Rey, California

Founded

2019

Growth & Insights
Headcount

6 month growth

13%

1 year growth

34%

2 year growth

89%
Simplify Jobs

Simplify's Take

What believers are saying

  • Livestream shopping partnerships boost Whatnot's visibility and user engagement.
  • Collaboration with PSA enhances trust and attracts serious collectors to the platform.
  • Series D funding of $260M supports technology investment and market expansion.

What critics are saying

  • Increased competition from platforms like Popshop Live could erode market share.
  • The collectibles market's volatility may impact sales and inventory management.
  • Rapid growth could lead to operational inefficiencies and cultural challenges.

What makes WhatNot unique

  • Whatnot offers a unique marketplace for 100% authenticated collectible items.
  • The platform focuses on niche markets like Funkos and FiGPiNs, attracting dedicated collectors.
  • Whatnot's hand authentication process builds trust among buyers and sellers.

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Benefits

Competitive base salary and stock options

Unlimited Vacation Policy and No Meeting Holidays

Health Insurance options including Medical, Dental, Vision, Life, Short term disability & Long term Disability

Work From Home Support

Up to $500 monthly to spend within Whatnot App

Care benefits

INACTIVE