Financial Analyst, Stitchfix
Sales
$60.8-101k
More information about location
Online personal styling
Be an early applicant
Online personal styling
1001+ employees
Be an early applicant
$60.8-101k
More information about location
1001+ employees
Company mission
To change the way people find clothes they love by combining technology with the personal touch of seasoned style experts.
Role
Who you are
- The successful candidate will be a team player who possesses strong analytical skills and enjoys solving complex business problems
- You have a Bachelor’s degree and 1 to 3 years of experience in corporate finance, private equity, investment banking or wealth management experience
- You have superior spreadsheet skills (Experience with Google tools helpful), including financial modeling, and have experience creating effective presentation slide decks
- You have experience with leveraging AI-powered tools to enhance financial analysis, forecasting, and decision-making
- You possess strong analytical, troubleshooting, problem-solving, and project management skills
- You have experience with Anaplan, Essbase, Looker and/or similar planning/reporting and data visualization tools
- You’re able to identify opportunities for business improvement and take initiative to drive necessary changes
- You have exceptional communication and interpersonal skills with proven success partnering and collaborating across a wide spectrum of functions
- You work well in a demanding, fast-paced environment and can manage competing priorities
- You’re highly self-motivated, you have a stellar work ethic and you’re looking for the right company to support your growth potential
What the job involves
- The Stitch Fix Finance team enables our clients to be their best self
- We broadly define our clients as customers, business partners and shareholders
- We drive value through business partner support, insightful analysis and financial integrity
- We are looking for bright and kind individuals who are motivated by challenge, succeed in fast-paced environments and thrive in building and improving processes to scale the business to the next level
- As a member of the Sales Finance team, you will be providing insights into Stitch Fix’s business using financial models built on strong relationships
- We engage directly with both senior management and front-line operators to understand the drivers of Stitch Fix’s business, and how to optimize revenue and scale effectively
- You will be empowered with visibility to the entire organization, which provides a unique opportunity to develop insights that will meaningfully impact our business
- Build reports, financial models, and processes to support financial planning and analysis for the Sales Finance team
- Analyze financial results, understand key trends, assess current and future business risks and opportunities, and communicate insights
- Manage and track financial performance against annual budget, seasonal financial plans, and key performance indicators
- Build strong partnerships with Finance, Merchandising, Operations, and teams across the company to develop annual, quarterly, and monthly budgets and forecasts
- Conduct ad-hoc analysis and scenario modeling at the request of management business partners to aid in decision-making
- Analyze large volumes of financial and customer data to develop key insights and present findings to leadership
- Prepare weekly, monthly, and quarterly reports to be utilized in monthly close and management meetings
- Assist in month-end close reconciliation of variances between actuals and forecast
- Assist in ongoing reconciliations of variances across enterprise planning systems, forecast models, and metric databases
Our take
Shopping online for clothes is not always a fun experience. Finding clothes you like is only half the battle. Sizing guides and return policies seem to have been designed to be challenging to understand, and can also vary wildly from company to company.
Stitchfix sets out to change this by making online clothes shopping personalized and hassle-free. Customers take a survey on their personal tastes, and pay a one-off fee for a stylist, to receive a box of 5 personalized items. Then, they simply pay for any items they keep, or return what they don't want free of charge.
Stitchfix's unique blend of technology and human touch allows the company to deliver its personalized experience at scale. Unfortunately, this once exciting brand has been hit hard by economic trends, cutting back staff and shutting down UK operations entirely. Only time will tell if it can bounce back and find success again in the future.
Steph
Company Specialist at Welcome to the Jungle
Insights
-7% employee growth in 12 months
Company
Funding (last 2 of 4 rounds)
Jun 2014
$30m
SERIES C
Oct 2013
$12m
SERIES B
Total funding: $47.6m
Company benefits
- Leadership, managing people program, career journey & other training opportunities
- Company equity for eligible roles
- Medical, dental and vision benefits
- 401(k) plan
- Unlimited vacation for qualified roles
- Competitive parental leave
- Enjoy 40% off of Fixes plus access to quarterly sample sales
- Collaborative workspaces - Open floor plan with standing desks & living room seating throughout
Company HQ
Financial District, San Francisco, CA
Leadership
Katrina Lake
(Founder & Executive Chair)BA in Economics from Stanford. MBA from Harvard Business School. Previously 2 years as an Associate at The Parthenon Group and 2 years as an Associate at Leader Ventures.
Matt Baer
(CEO)Board Member at La-Z-Boy Incorporated. Former Chief Customer and Digital Officer at Macy's, VP at Walmart eCommerce. Founded and was COO at Bezar.
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