Finance Manager, Resident
$110-140k
More information about location
Mattress and home furnishings retailer
Be an early applicant
Mattress and home furnishings retailer
501-1000 employees
Be an early applicant
$110-140k
More information about location
501-1000 employees
Company mission
To create and sell inspiring home improvement products, giving consumers better access to great new items that fill them with joy.
Role
Who you are
- Are you a sharp, analytical finance professional ready to make an impact at a high-growth, fast-moving eCommerce company?
- 5 - 7 years of finance experience
- Bachelor’s degree in Finance, Accounting or Business required. MBA, preferred
- Previously held role in financial planning & analysis at a corporation
- Investment banking, private equity or venture capital experience strongly preferred
- Experience working in a growing start-up environment is a plus
- Cash flow experience is a plus
- Ability to work autonomously, showcasing strong work ethic, time management and organizational skills
- Strong strategic thinking ability, project management skills and negotiating skills
- Strong skills in communication, initiative, decisiveness, planning and organization
- Ability to apply sound, independent judgment and discretion on matters of substantial importance to the company in performing duties, resolving complex problems, and interpreting policies and regulations
What the job involves
- Resident is looking for a driven Finance Manager to join our dynamic team and help fuel our multi-brand growth strategy
- In this highly visible role, you’ll work closely with senior leadership and cross-functional teams to drive strategic decision-making through robust financial planning, analysis, and insights
- This is an exciting opportunity for someone with a background in FP&A, investment banking, private equity/venture capital, or strategic finance who thrives in a data-driven environment and is passionate about scaling innovative consumer brands
- You’ll report directly to the Senior Manager of Finance and play a key role in helping shape the future of one of the fastest-growing eCommerce companies in the space
- Own the cash flow forecasting process, working cross functionally with departments to streamline, improve accuracy, incorporate trends/forecast/business objectives and identify areas for improvement
- Contribute to the budgeting and forecast processes, coordinating with the leadership team and other departments to develop the periodic forecasts
- Participate as a key member of Resident’s finance team in strategic and tactical planning and managing financial performance
- Analyze the company’s financial results with respect to profits, trends, costs and compliance with budgets
- Issue regular status and ad hoc reports to senior management, our investors and our Board
- Drive change and support new business development, including market analysis, strategy and business plan development, pricing strategy, organizational structure, evaluation of joint ventures and acquisitions
- Provide cost and profitability analysis on products, customers, segments and operations, including unit economics
- Assess return on investment for capital requests, product development initiatives and sales and marketing programs
- Assist the Company with development of processes and policies to facilitate growth and profitability
- Assist senior management in financial planning and results management. Work with other team members to understand revenue and cost drivers and define appropriate reports for tracking
Our take
When somebody purchases a new home, they will have to browse across a vast range of retailers to prepare their house for comfortable living. This will often start with essentials such as bedding, but upon purchase, the customer will move on to focus on furnishing a different area of their property.
Resident provides a marketplace for the purchase of digitally native mattress brands in addition to other home products. For example, upon purchasing a mattress from the company, data is collected from the transaction and applied to recommend additional home products with a focus on premium quality and value.
The company has taken a unique approach to home product sales by focusing its brand on a specific product, which it can then use to gain insights into a customer and thus recommend other products. Its acquisition by Ashley Home provides Resident with ample opportunity to grow upon this idea, fostering expansion in its direct-to-consumer and wholesale businesses.
Freddie
Company Specialist at Welcome to the Jungle
Insights
11% employee growth in 12 months
Company
Funding (last 2 of 4 rounds)
Jan 2021
$130m
SERIES B
Jan 2020
$12.5m
EARLY VC
Total funding: $169.2m
Company benefits
- Remote-first workplace
- Annual bonus potential
- Health, Vision & Dental Insurance
- HSA company contributions
- 401K with company match component
- “Take what you need” PTO
- Wellness benefits
- WFH office and cell phone/internet stipend
- A FREE MATTRESS plus an awesome Friends and Family discount!
Company HQ
Walnut, CA
Leadership
Eric Hutchinson
(Co-Founder)Having started their career as an Analyst at netLibrary and Providian Financial, they worked for a year at Washington Mutual Card Services and PayPal. They've also co-founded Home Value Protection, Madison Reed and DreamCloud.
Ran Reske
(Co-Founder)They worked as an EY Consultant for 2 years prior to 3 years as a Citigroup Analyst. They spent 6 years at Norwest Venture Partners before leaving in October 2015 to co-found Resident.
Craig Schmeizer
(Co-Founder)Co-Founder, Co-CEO and Co-Chairman of Finovance. Was a Payments Consulting Director for 3 years and had VP roles at HSBC, New York Life Insurance, Providian Financial, and JPMorgan Chase.
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