VP, Finance

Rent the Runway • New York, NY

13d • $238,400 - $275,000 • Hybrid

About The Position

The VP of Finance is a member of Rent the Runway’s financial leadership team and reports directly to the Chief Financial Officer. The role leads FP&A and partners with business leaders to budget, forecast, manage the business, analyze performance, and inform leadership. It supports the company’s strategic evolution from a concentrated subscription membership model to a broader fashion service platform, in a fast-paced, highly collaborative, cross-functional environment.

The position leads enterprise planning and performance reporting, long-range financial planning, rolling forecasts, financial modeling, internal reporting improvements, and analysis of strategic initiatives and investments. It also partners with the CFO on external guidance and corporate financing, supports SEC filings and board materials, oversees lender reporting and compliance certifications, and works with Business Intelligence on operating metrics. The VP establishes the FP&A team’s vision and develops its members.

This is an office-centric role based at Rent the Runway’s Brooklyn, New York headquarters. The company is in the office Monday through Thursday; corporate employees and technical leaders may work remotely on Fridays in accordance with company policies.

Requirements

• Bachelor’s degree required.
• 15+ years of experience in finance and strategic analysis in operational roles within an ecommerce brand, apparel retailer, or consumer products company.
• Experience leading, building, and managing a high-performing team.
• Strong leadership and mentorship skills.
• High proficiency in financial analysis and model building, including understanding the implications of analysis for decision-making.
• Entrepreneurial drive and excellent communication and interpersonal skills; ability to work in a fast-paced, dynamic environment.
• Ability to quickly immerse in a new business and provide valuable insights, questions, and contributions.
• Ability to attend to details while understanding the larger context; independent thinker.
• Highly motivated and able to manage multiple responsibilities simultaneously.
• Ability to work comfortably under pressure and meet tight deadlines.

Nice To Haves

• Additional experience in investment banking, consulting, or asset management.

Responsibilities

• Lead the FP&A team and partner with stakeholders across the business to budget, forecast, and manage the business.
• Support the company’s strategic evolution from a concentrated subscription membership model to a fashion service platform offering rental, reservation, and purchase options.
• Lead enterprise planning and performance reporting redesign and manage rolling forecast updates; drive accountability through weekly, monthly, and quarterly planning cadences.
• Lead strategic financial planning, build long-range plans, and size strategic initiatives with operating leaders.
• Partner with the CFO to formulate external guidance and manage the business toward external commitments.
• Lead corporate financing activities, including developing recommendations for the board, analyzing funding timing and sources, and completing financings with internal and external legal counsel.
• Support external SEC filings by developing MD&A commentary and business risk disclosures.
• Build and iterate complex financial models covering company operations, revenue growth strategy, cost structure, and capital investments.
• Improve operating teams’ understanding of financial statements and budget adherence through analysis and partnership.
• Maintain and improve internal financial reporting processes and reporting standards through continuous process improvement.
• Evaluate and recommend investments in planning systems and analytic toolsets that leverage company data and AI capabilities.
• Partner with Business Intelligence to establish, track, and monitor key operating metrics.
• Conduct ad hoc analyses to inform business strategy, improve efficiency, and maximize ROI.
• Establish FP&A departmental vision, set goals, coach team members, and create individual development plans.
• Assist with preparation of board meeting materials and participate in financial planning presentations.
• Participate in Senior Leadership Team initiatives and contribute financial input to planning and execution.
• Oversee lender-entity reporting and compliance certifications and prepare external auditor liquidity analysis.

Benefits

• Paid time off, including vacation, paid bereavement, and family sick leave.
• Universal paid parental leave for both parents and a flexible return-to-work program.
• Paid sabbatical after five years of continuous service.
• Employee subscription and rental discounts.
• Health, vision, dental, flexible spending account, and dependent care benefits from the first day of employment.
• 401(k) match.
• Company-wide events and outings.
• Equity compensation.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive