About Stitch Fix, Inc.
Stitch Fix (NASDAQ: SFIX) is the leading online personal styling service that helps people discover the styles they will love that fit perfectly so they always look - and feel - their best. Few things are more personal than getting dressed, but finding clothing that fits and looks great can be a challenge. Stitch Fix solves that problem. By pairing expert stylists with best-in-class AI and recommendation algorithms, the company leverages its assortment of exclusive and national brands to meet each client’s individual tastes and needs, making it convenient for clients to express their personal style without having to spend hours in stores or sifting through endless choices online. Stitch Fix, which was founded in 2011, is headquartered in San Francisco.
About the Team
The Stitch Fix Finance team enables our clients to be their best self. We broadly define our clients as customers, business partners, and shareholders. We drive value through business partner support, innovative and insightful analysis, and financial integrity. We are looking for bright, kind individuals who are motivated by challenge and who succeed in a fast-paced environment and thrive in building and improving processes to scale the business to the next level.
About the Role
As a Senior Financial Analyst, you will play a key role as an FP&A business partner to our Merchandising Buying and Planning team. You will be responsible for creating and updating reports, forecasts, and financial models to provide valuable insights that drive strategic decisions for the Merchandise team. You will work closely with merchandising partners to develop strategic forecasts, analyze markdown impacts, and translate key financial insights into actionable recommendations to support assortment architecture and inventory management decisions. This role offers you broad visibility across the organization, enabling you to generate impactful business insights. The ideal candidate will have strong analytical abilities, a solid grasp of Sales, Margin and Inventory forecasting, and a passion for tackling complex business challenges in a collaborative team environment.
You’re excited about this opportunity because you will…
- Develop and work in close partnerships within finance and across the business to develop annual, quarterly and monthly budgets and forecasts including but not limited to merchandise margin, inventory, assortment architecture, style-level sell-through and opex.
- Manage and track financial performance against annual budget, seasonal financial plans, and KPIs.
- Analyze variances to plan and forecast, providing insight on current and expected trends, and identifying areas of risk and opportunities.
- Translate complex forecasting insights into compelling narratives that convey rationale and context behind key metrics.
- Participate in cross-functional projects and lead process improvement efforts, including dashboard and reporting enhancements.
- Prepare monthly financial review presentations, recapping results vs. plan and forecast for management meetings.
- Drive ad-hoc analysis and scenario modeling to aid in decision-making.
- Evolve tools, enhance existing reporting, and improve business processes in partnership with Finance and the business.
- Identify and quantify risk or upside due to business environment to offer solutions and aid in decision-making.
- Assist with conducting ad hoc analysis and scenario modeling at the request of the finance team, management and business partners to aid in decision-making.
- Own communications of shared calendars for forecast deadlines/dates for the Merchandise Finance team.
We’re excited about you because…
- You have 2-4 years of financial analysis, retail finance, merchandise planning, inventory planning or accounting experience with exposure to forecasting, budgeting and monthly close activities.
- You have proven experience with full-price and markdown forecasting models, applying retail best practices to optimize pricing strategies and financial forecasting.
- You have the ability to analyze the financial impact of markdowns to optimize pricing strategies and margin flow-through.
- You have superior Excel skills, including basic financial modeling, and have experience creating effective presentation slide decks.
- You possess strong analytical, troubleshooting, problem-solving, and project management skills.
- You’re able to identify opportunities for business improvement and take initiative to drive necessary changes.
- You have the ability to influence and drive decisions in partnership with Merchandising Buying and Planning teams.
- You have exceptional communication and interpersonal skills with proven success partnering and collaborating across a wide spectrum of functions.
- You work well in a demanding, fast-paced environment and can manage competing priorities.
- You’re highly self-motivated, you have a stellar work ethic and you’re looking for the right company to support your growth potential.
- You have experience with Anaplan, Essbase, and/or similar planning and reporting tools.
Why you’ll love working at Stitch Fix...
- We are a group of bright, kind people who are motivated by challenge. We value integrity, innovation and trust. You’ll bring these characteristics to life in everything you do at Stitch Fix.
- We cultivate a community of diverse perspectives— all voices are heard and valued.
- We are an innovative company and leverage our strengths in fashion and tech to disrupt the future of retail.
- We win as a team, commit to our work, and celebrate grit together because we value strong relationships.
- We boldly create the future while keeping equity and sustainability at the center of all that we do.
- We are the owners of our work and are energized by solving problems through a growth mindset lens. We think broadly and creatively through every situation to create meaningful impact.
- We offer comprehensive compensation packages and inclusive health and wellness benefits.
Compensation and Benefits
This role will receive a competitive salary, benefits, and equity. The salary for US-based employees hired into this role will be aligned with the range below, which includes our three geographic areas. A variety of factors are considered when determining someone’s compensation–including a candidate’s professional background, experience, location, and performance.This position is eligible for new hire and ongoing grants of restricted stock units depending on employee and company performance. In addition, the position is eligible for medical, dental, vision, and other benefits. Applicants should apply via our internal or external careers site.
Salary Range
$116,000—$124,000 USD
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Recruiting Fraud Alert:
To all candidates: your personal information and online safety are top of mind for us. At Stitch Fix, recruiters only direct candidates to apply through our official career pages at https://www.stitchfix.com/careers/jobs or https://web.fountain.com/c/stitch-fix.
Recruiters will never request payments, ask for financial account information or sensitive information like social security numbers. If you are unsure if a message is from Stitch Fix, please email [email protected].
You can read more about Recruiting Scam Awareness on our FAQ page here: https://support.stitchfix.com/hc/en-us/articles/1500007169402-Recruiting-Scam-Awareness