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Full-Time

Strategic Finance Associate

Updated on 10/2/2024

WhatNot

WhatNot

501-1,000 employees

Online marketplace for authentic collectibles

Consumer Goods
Consumer Software

Compensation Overview

$110k - $150kAnnually

+ Equity

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
Communications
Marketing
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
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 serves a community of collectors and enthusiasts who seek rare and exclusive items from popular 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

$464.7M

Headquarters

Marina del Rey, California

Founded

2019

Growth & Insights
Headcount

6 month growth

13%

1 year growth

34%

2 year growth

82%
Simplify Jobs

Simplify's Take

What believers are saying

  • Whatnot's recent $260M Series D funding round and $3.7B valuation highlight its strong financial health and growth potential.
  • Partnerships with major brands like Marvel Comics and Professional Sports Authentication (PSA) enhance Whatnot's credibility and market reach.
  • The expansion into livestream shopping and additional collectible categories indicates a commitment to innovation and market diversification.

What critics are saying

  • The niche focus on collectibles like Funkos and FiGPiNs may limit market size and growth potential compared to broader marketplaces.
  • Rapid expansion and scaling, including the planned increase to over 300 employees, could lead to operational challenges and cultural misalignment.

What makes WhatNot unique

  • Whatnot.com offers the largest collection of 100% authenticated collectibles, ensuring trust and security for buyers and sellers, unlike many competitors.
  • The platform's focus on niche markets like Funkos and FiGPiNs, combined with hand authentication, sets it apart from broader online marketplaces.
  • Whatnot's low fees and seller protection provide a competitive edge, making it an attractive option for both buyers and sellers in the collectibles market.

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