Full-Time

Senior Finance Analyst

Posted on 10/30/2024

Farfetch

Farfetch

1,001-5,000 employees

Online marketplace for luxury fashion items

Consumer Software
Consumer Goods

Senior

London, UK

Hybrid position requires in-office presence.

Category
Corporate Finance
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
SQL
Financial analysis
Looker
Data Analysis
PowerPoint/Keynote/Slides
Requirements
  • Bachelor's degree in Finance, Accounting, Economics, or a related field
  • Minimum of 5 years of experience in financial analysis, business partnering, or related roles
  • Strong analytical and problem-solving skills, with the ability to synthesise complex data and communicate insights effectively
  • Proficiency in financial modelling, data analysis, and visualisation tools (e.g., Google Suite, Excel, PowerPoint, Looker, SQL)
  • Excellent communication and interpersonal skills, with the ability to build strong relationships with cross-functional stakeholders
  • Previous experience in partnering with Marketing Performance and Growth teams is preferred
  • MBA, CPA, or CFA is a plus
  • Fluent in English
Responsibilities
  • Develop and maintain financial models, budgets, and forecasts to support quarterly, annual, and long-term strategic planning, and perform variance analysis, identifying and investigating deviations from plans, and proposing corrective actions;
  • Conduct in-depth analysis, modelling, and forecasting to support strategic decision-making processes;
  • Prepare and present comprehensive financial reports, dashboards, and presentations to senior leadership and cross-functional teams;
  • Act as a trusted advisor, partnering with cross-functional teams to understand their business objectives and provide financial guidance - Identify opportunities for cost optimization, process improvements, and revenue growth initiatives;
  • Collaborate with the relevant teams including accounting to ensure data integrity and alignment with financial reporting standards;
  • Identify and implement process improvements and participate in existing reporting enhancements with the mindset of continuous improvement.

Farfetch operates as a global online marketplace for luxury fashion, linking high-end brands and boutique retailers with consumers. The platform allows users to browse and purchase a wide range of luxury items, ensuring that both brands and retailers can reach a worldwide audience. Farfetch's business model is centered around facilitating these transactions, earning revenue primarily through commissions on sales made through its site. Additionally, it offers services like digital marketing and logistics to help its partners enhance their online presence. A distinguishing feature of Farfetch is its acquisition of LUXCLUSIF, a luxury resale platform, which enables it to cater to the growing demand for pre-owned luxury goods. The company's goal is to provide a seamless shopping experience for luxury fashion enthusiasts while supporting brands and retailers in expanding their reach.

Company Stage

IPO

Total Funding

$682.9M

Headquarters

London, United Kingdom

Founded

2007

Growth & Insights
Headcount

6 month growth

-2%

1 year growth

2%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Virtual try-on technology is gaining popularity in luxury fashion.
  • Farfetch can capitalize on Yoox Net-A-Porter's exit from China.
  • Exclusive partnerships, like with Officina Bernardi, enhance Farfetch's offerings.

What critics are saying

  • Increased competition from Mytheresa could impact Farfetch's market share.
  • Farfetch faces challenges in maintaining its presence in the Chinese market.
  • The sale to Coupang indicates potential financial instability for Farfetch.

What makes Farfetch unique

  • Farfetch connects luxury brands and consumers through a unique online marketplace.
  • The platform offers modular, API-enabled technology for luxury fashion brands.
  • Farfetch provides commerce solutions, enhancing brands' online presence and sales.

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Benefits

Health Insurance

Flexible Work Hours

Employee Pension Scheme

INACTIVE