layiq

/la·yiq/adjective

worthy; deserving; fitting; suitable.

A role, opportunity, or path that merits attention, time, and pursuit.

VP, Finance at Rent the Runway | LAYIQ

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 external SEC filings through developing relevant MD&A commentary and business risk disclosure narratives.
Build and iterate complex financial models covering all aspects of RTR’s operations that will enable effective decision making regarding the company’s revenue growth strategy, cost structure, and capital investments.
Improve operating teams’ understanding of financial statements and budget adherence with thoughtful and transparent analysis and partnership.
Maintain and enhance efficiency of internal financial reporting processes, serving as a thought leader to upgrade reporting standards through the pursuit of continuous process improvement.
Evaluate and make recommendations on investments in planning systems and analytic toolsets that leverage company data and AI capabilities.
In partnership with the Business Intelligence function, establish, track and monitor key operating metrics used to drive the business to greater efficiency.
Create ad-hoc analyses to drive business strategy, improve efficiency and maximize ROI.
Establish FP&A team excellence through establishing departmental vision, goal setting, coaching and individual development plans.
Assist in preparation of materials for Board of Director meetings and participate in key financial planning presentations.
Participate in Senior Leadership Team initiatives and bring a trusted financial voice to planning discussions and execution activities.
Oversee reporting and compliance certification requirements for lender entities and prepare external auditor liquidity analysis.

Benefits:

At Rent the Runway, we’re committed to the wellbeing of our employees, and aim to create a workplace that fosters both personal and professional growth. Our inclusive benefits include, but are not limited to:
Paid Time Off including vacation, paid bereavement, and family sick leave - every employee needs time to take care of themselves and their family.
Universal Paid 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.
By submitting your application below, you agree that you have read and acknowledge Rent the Runway's Candidate Privacy Policy, found here.

VP, Finance

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