Full-Time
Senior Finance Analyst
Confirmed live in the last 24 hours
Farfetch
1,001-5,000 employees
Online marketplace for luxury fashion items
Senior
London, UK
Hybrid position requires in-office presence.
- Bachelor's degree in Finance, Accounting, Economics, or a related field
- MBA, CPA, or CFA is a plus
- 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
- Fluent in English
- 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 an online marketplace that connects luxury fashion brands, boutique retailers, and consumers from around the world. The platform allows users to buy and sell high-end fashion items, catering to a clientele that values quality and exclusivity. Farfetch partners with various luxury brands and boutiques, providing them with a digital space to showcase their products and reach a global audience. The company generates revenue primarily through commissions on sales made through its platform, and it also offers additional services like digital marketing and logistics to its partners. A key differentiator for Farfetch is its acquisition of LUXCLUSIF, a luxury resale platform, which enables it to engage with the growing market for pre-owned luxury goods. The goal of Farfetch is to create a comprehensive digital marketplace that enhances the shopping experience for luxury fashion consumers while supporting brands and retailers in managing their online presence.
Company Stage
Acquired
Total Funding
$682.9M
Headquarters
London, United Kingdom
Founded
2007
6 month growth
↓ -13%1 year growth
↓ -28%2 year growth
↓ -35%
Simplify's Take
What believers are saying
- Farfetch's global reach and partnerships with high-end brands and boutiques provide employees with exposure to the luxury fashion industry's top players.
- The company's expansion into pre-owned luxury goods through LUXCLUSIF opens new market opportunities and potential revenue growth.
- Collaborations with sustainability platforms like Good on You highlight Farfetch's commitment to ethical and sustainable fashion, appealing to a growing consumer base.
What critics are saying
- The luxury fashion market's volatility and economic downturns can significantly impact Farfetch's revenue and profitability.
- Recent layoffs affecting 25-30% of the workforce may lead to decreased morale and productivity among remaining employees.
What makes Farfetch unique
- Farfetch's unique position as a global luxury fashion marketplace sets it apart from competitors who may focus on more generalized eCommerce.
- The acquisition of LUXCLUSIF allows Farfetch to tap into the growing market for pre-owned luxury goods, diversifying its revenue streams.
- Farfetch Platform Solutions offers comprehensive digital commerce solutions, providing added value to luxury brands and boutique retailers beyond just a sales platform.
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