Full-Time

Senior Analyst

Finance

Confirmed live in the last 24 hours

Rent the Runway

Rent the Runway

501-1,000 employees

Fashion rental service for designer clothing

Social Impact
Consumer Goods

Compensation Overview

$78.4k - $98kAnnually

Senior

Brooklyn, NY, USA

Category
Corporate Finance
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Financial analysis
Investment Banking
Requirements
  • You have a bachelor's Degree in Business, Finance, Accounting or Statistics
  • 2-3 years experience of finance and/or strategic analysis experience
  • You are proficient in financial analysis and model building
  • You have entrepreneurial drive, excellent communication and interpersonal skills with demonstrated ability to work in a fast paced and dynamic environment
  • 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 have experience working in investment banking, M&A, FP&A, corporate finance or consulting
Responsibilities
  • Analyze, update and develop financial models that will enable senior leadership to make effective decisions about the company’s cost base and revenue projections
  • Prepare and deliver daily, weekly and monthly management reports to key constituents
  • Present, analyze, and interpret relevant financial data to senior leadership - partnering closely with key leaders to impact strategic business decisions
  • Support key initiatives that drive improvement in ROI, profitability, and forecast reliability
  • Own budgeting and forecasting processes including annual and quarterly reviews and analysis, assigning department specific budgets, and tracking monthly/quarterly actuals vs. budget
  • Partner with key business areas to perform strategic analysis and modeling to help inform department specific spending and decisions
  • Analyze competitor performance and market trends
  • Assist in preparation of materials for Board of Director meetings
  • Work on a variety of special projects that may include M&A, financings, new business initiatives, etc.
  • Manage time effectively to address high priority items in a timely manner

Rent the Runway offers a service that allows customers to rent designer clothing and accessories, primarily targeting women who want to update their wardrobe without the commitment of buying items. The company operates on a subscription model with various plans that provide flexibility, including options for a set number of items per month or unlimited swaps. Customers can also rent items for special occasions. Rent the Runway generates revenue through subscription fees and one-time rentals, while managing logistics like dry cleaning and shipping for a seamless experience. The company promotes sustainability by reducing fast fashion and waste, aiming to provide a practical and stylish solution for those looking to refresh their wardrobe.

Company Stage

IPO

Total Funding

$390.3M

Headquarters

New York City, New York

Founded

2009

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • AI-driven personalization enhances customer satisfaction and retention for Rent the Runway.
  • The new $119/month subscription tier aims to expand Rent the Runway's customer base.
  • In-person events and experiences boost customer engagement and brand presence.

What critics are saying

  • Increased competition from Walmart's Style Tour may draw potential customers away.
  • Focus on in-person events may strain Rent the Runway's traditionally eCommerce resources.
  • The new subscription tier may not attract enough customers to offset expansion costs.

What makes Rent the Runway unique

  • Rent the Runway offers a unique 'closet in the cloud' service.
  • The company provides access to 550+ designer brands at a fraction of retail prices.
  • Proprietary technology and reverse logistics set Rent the Runway apart from competitors.

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Benefits

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!

Flexible Work Policy: Hybrid Work - when our corporate employees return to the office post COVID they will have the option to work remotely 2-3 days a week, in accordance with Company policies.