VP, Finance

The posting, as Rent the Runway wrote it

About Us

Rent the Runway (RTR) is transforming the way we get dressed by pioneering the world’s first Closet in the Cloud. Founded in 2009, RTR has disrupted the $2.4 trillion fashion industry by inspiring women with a more joyful, sustainable and financially-savvy way to feel their best every day. As the ultimate destination for circular fashion, the brand now offers infinite points of access to its shared closet via a fully customizable subscription to fashion, one-time rental or ownership. RTR offers designer apparel and accessories from hundreds of brand partners and has built in-house proprietary technology and a one-of-a-kind reverse logistics operation. RTR has been named to CNBC’s “Disruptor 50” five times in ten years, and has been placed on Fast Company’s Most Innovative Companies list multiple times.

About the Role

The VP of Finance will serve as a key member of the financial leadership team reporting directly to the Chief Financial Officer. By way of best-in-class planning, insightful analyses, and strategic thinking, the Finance team plays a key role in partnering with the business and informing leadership of actual and projected performance. In addition, the team’s focus is on analyzing business trends, recommending adjustments and supporting new initiatives in a fast-paced and highly collaborative, cross-functional environment. You will be empowered to drive improvements in the quality of our work as the RTR business grows under new leadership and strategic direction. We are seeking a seasoned finance leader with an entrepreneurial drive, strong leadership skills, and proven ability to partner with various business leaders.

This is an office centric role based out of our Brooklyn, NY headquarters. We are in the office Monday-Thursday.

What You'll Do

• Lead the FP&A team - partnering closely with key stakeholders across the business to budget, forecast and manage the business.
• Play an integral role in the company’s strategic evolution from a concentrated subscription membership model to a fashion service platform that serves our customer’s desires to rent, reserve and buy apparel and accessories.
• Lead a redesigned enterprise planning and performance reporting process and manage ongoing rolling forecast updates. Drive operational excellence and business leader accountability through the weekly, monthly and quarterly planning cadences.
• Drive strategic financial planning, building long range plans and size strategic initiatives in partnership with operating leaders across the business.
• Partner with CFO to formulate external guidance to the street and ensure the business is being managed in a disciplined way to meet external commitments.
• Lead corporate financing activities through development of recommendations to the board of directors, analysis of options on timing and sources of funding, and successfully completing the financings in partnership with internal and external legal counsel.
• Assist with exte

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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!
• Office centric work - our corporate employees and technical leaders have the option to work remotely on Fridays, in accordance with Company policies.

Rent the Runway is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant or employee based on any legally-recognized basis, including, but not limited to: race, color, religion, sex (including pregnancy, lactation, childbirth or related medical conditions), sexual orientation, gender identity, age (40 and over), national origin or ancestry, citizenship status, physical or mental disability, genetic information (including testing and characteristics), veteran status, uniformed service member status or any other status protected by federal, state or local law.

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The anticipated base salary for this position is $238,400 to $275,000. The actual base salary offered will depend on a variety of factors, including without limitation, the qualifications of the individual applicant for the position, years of relevant experience, level of education attained, certifications or other professional licenses held. This position is also eligible for equity compensation.
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