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Full-Time

Senior Financial Analyst

FP&a Merchandising Finance

Confirmed live in the last 24 hours

Stitch Fix

Stitch Fix

1,001-5,000 employees

Personalized online styling and clothing delivery

Consumer Goods
Data & Analytics

Compensation Overview

$116k - $124kAnnually

+ Restricted Stock Units + Medical + Dental + Vision + Other Benefits

Mid

Remote in USA

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Communications
Management
Financial analysis
Requirements
  • 2-4 years of financial analysis, retail finance, merchandise planning, inventory planning or accounting experience with exposure to forecasting, budgeting and monthly close activities.
  • Proven experience with full-price and markdown forecasting models, applying retail best practices to optimize pricing strategies and financial forecasting.
  • Superior Excel skills, including basic financial modeling, and have experience creating effective presentation slide decks.
  • Strong analytical, troubleshooting, problem-solving, and project management skills.
  • Exceptional communication and interpersonal skills with proven success partnering and collaborating across a wide spectrum of functions.
  • Ability to work well in a demanding, fast-paced environment and manage competing priorities.
  • Highly self-motivated with a stellar work ethic and looking for the right company to support growth potential.
  • Experience with Anaplan, Essbase, and/or similar planning and reporting tools.
Responsibilities
  • 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, 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.
  • 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.

Stitch Fix provides a personalized online styling service that uses data and algorithms to curate fashion selections for clients. Customers fill out a style profile detailing their size, preferences, and budget, and then receive a selection of clothing items shipped to their home for convenient try-on. Unlike traditional retailers, Stitch Fix combines a subscription model with direct sales, allowing clients to pay only for what they keep. The company's goal is to simplify the shopping experience while expanding its services and reach.

Company Stage

Series C

Total Funding

$81.3M

Headquarters

San Francisco, California

Founded

2011

Growth & Insights
Headcount

6 month growth

-2%

1 year growth

-6%

2 year growth

-15%
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Simplify's Take

What believers are saying

  • The company's focus on personalized styling and convenience appeals to high-value customers, potentially driving higher revenue per client.
  • Recent leadership appointments, including a new Chief People Officer, indicate a strong commitment to organizational transformation and employee engagement.
  • Innovative partnerships, such as the collaboration with Spotify for Style Tune Ups, showcase Stitch Fix's ability to integrate fashion with other lifestyle elements, enhancing its market appeal.

What critics are saying

  • A 16% year-over-year decline in net revenue and a 6% decrease in active clients highlight potential challenges in maintaining customer engagement and growth.
  • The need to continually innovate and personalize experiences requires significant investment in technology and talent, which could strain resources.

What makes Stitch Fix unique

  • Stitch Fix leverages advanced data algorithms and a team of stylists to offer highly personalized fashion recommendations, setting it apart from traditional retail models.
  • The combination of a subscription-based service with direct sales provides a unique business model that balances recurring revenue with flexibility for the customer.
  • Stitch Fix's extensive customer insights allow it to tailor experiences more precisely than many competitors, enhancing customer satisfaction and loyalty.