FP&A Manager, Quince
$150-200k
Affordable luxury fashion and home goods brand
Job no longer available
Affordable luxury fashion and home goods brand
201-500 employees
Job no longer available
$150-200k
201-500 employees
Company mission
To create products of equal or greater quality than the leading luxury brands at a much lower price.
Role
Who you are
- Bachelor’s Degree in Finance, Accounting, Business Administration, Economics, or related fields
- Master’s Degree (MBA) or relevant certifications are an advantage but not a requirement
- 5+ years of experience in FP&A or financial analysis, with a proven track record in managing financial planning and forecasting processes
- Previous experience in an eCommerce or technology-driven company is critical, as it ensures familiarity with the metrics and business models unique to these sectors (e.g., customer acquisition cost, lifetime value, churn rates, etc.)
- Solid experience with budgeting, forecasting, variance analysis, and financial reporting at a managerial level
- Experience in scenario modeling, and working with multiple financial systems and reporting tools, ensuring that complex financial data can be distilled into clear insights
- Experience working closely with cross-functional teams (e.g., Marketing, Operations, IT, and Product teams) to align financial goals with business strategy
- Strong communication skills, both for presenting financial data clearly to senior leadership and for explaining complex financial concepts to non-financial stakeholders
What the job involves
- You’ll work with a team of world-class talent from Stanford GSB, Google, D.E. Shaw, Stitch Fix, Urban Outfitters, Wayfair, McKinsey, Nike etc
- Implementation and Modeling of Aleph Expanded System: Oversee the integration and operationalization of the Aleph Expanded system, including developing comprehensive automated models and integrating with additional data sources
- Monthly Financial Model Updates: Update the financial model on a monthly basis with actual financial performance data, ensuring accuracy and providing insights for strategic decision-making
- Prepare and Update Monthly MBR Department Templates: Assist in the preparation and revision of monthly Management Business Review (MBR) templates for various departments, ensuring they reflect current financial data and trends
- Business Partnerships: Develop and maintain business partnerships, conduct monthly meetings, and thoroughly review General Ledger (GL) entries
- Review Detailed Monthly Performance Reports: Act as a second pair of eyes in reviewing detailed performance reports on a monthly basis, providing critical analysis and identifying areas for improvement
- Develop and Maintain a Daily Profit and Loss (P&L) Statement: Create and manage a daily P&L statement to monitor financial performance in real-time, facilitating timely adjustments and strategic planning
- Enhance Financial Reporting Processes: Further streamline and improve financial reporting processes to ensure efficiency and accuracy, incorporating feedback and best practices
- Scenario Analysis: Conduct ad hoc analysis to model and evaluate various outcomes related to margin and bottom line targets. This includes developing and analyzing different financial scenarios, assessing their impact on profitability, and providing insights to guide strategic decision-making
- Collaborate with cross-functional teams to ensure accurate assumptions and data inputs, and present findings with actionable recommendations to support financial planning and performance optimization
Our take
The rise in fast fashion has brought widespread awareness of the alarming waste of resources and the significant environmental impact caused by the industry. Recognizing these concerns, Quince is looking to address these issues and offer a more sustainable alternative to consumers.
Quince is a direct-to-consumer brand that offers high-quality products at lower prices by cutting out the middleman. The company focuses on providing wardrobe staples and home goods, with an emphasis on minimalism, simplicity, and timeless designs.
Quince works directly with factories to produce inventory on a near-just-in-time basis. By eliminating unnecessary intermediaries, Quince can streamline the supply chain and reduce financial and environmental waste. This approach allows Quince to ship goods directly to consumers' doorsteps, minimizing transportation and warehousing costs and as a result, providing customers with a more efficient and sustainable shopping experience.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
58% employee growth in 12 months
Company
Funding (1 round)
May 2023
$77m
SERIES B
Total funding: $77m
Company HQ
SoMa, San Francisco, CA
Leadership
Sid Gupta
(CEO)Graduated from Stanford University with an MBA in Finance. Previously the Founder and CEO of Lolli and Pops as well as the Director of Strategy at TechTurn.
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