Financial Data Analyst, Vinted
Second-hand fashion marketplace
Job no longer available
Second-hand fashion marketplace
1001+ employees
Job no longer available
1001+ employees
Company mission
To make second-hand fashion the number one choice worldwide.
Role
Who you are
- Previous +3 years experience in financial analysis or other relevant experience focused on modeling, data analytics and financial statements analysis
- Previous experience in creating statement financial models (P&L, Cash Flow, Balance Sheet)
- Have the ability to synthesize large volumes of data into concise and insightful information to drive decision-making
- Have strong attention to detail and excellent analytical skills
- Proficient in Google Sheets, with a strong understanding of model architecture, formula efficiency
- Experience with cohort-based retention modeling is a strong advantage
- Experience with SQL, SCALA, Python or other language is a strong advantage
- Manage tasks in the fast-paced and dynamic environment
- Curious, proactive in your approach to learning and execution
What the job involves
- In this role, you’ll manage the financial model to support sound forecasting assumptions
- Have end-to-end responsibility for the financial model used to present the company’s performance and forecast to the management team and investors
- Ensure that forecasts and budgets are developed on a sound basis and that key assumptions are tested and challenged
- Perform scenario and sensitivity analysis based on internal and external factors to assess financial risks and opportunities
- Analyze and identify data required to support model building and verification of underlying assumptions
- Handle a variety of challenges where you can put your love of quantitative reasoning and mathematical problem solving to good use
Our take
For many years, the online fashion resale market was dominated by eBay. Vinted, first set up as a local website, has challenged the incumbent market leader by shifting focus towards sustainability.
Vinted has managed to compete successfully with other eCommerce platforms by providing more creative and personalized ways to shop, and focusing solely on fashion. With 75 million users it outstrips other fashion-focused competitors in this space, such as Depop which has roughly half the user base, but it sees its real competition in retailers that sell new clothing.
Vinted has raised significant funding which it has invested into rapid expansion, growing its presence in European markets and scaling up its US operations. While in the short term this has caused its profitability to drop, this expanded market reach is likely to yield dividends in the very near future.
Steph
Company Specialist at Welcome to the Jungle
Insights
28% employee growth in 12 months
Company
Funding (last 2 of 6 rounds)
May 2021
$288.2m
SERIES F
Nov 2019
$147.6m
SERIES E
Total funding: $554.3m
Company benefits
- Opportunity to join our share options programme
- Learning budget (10% from net yearly salary)
- 30 working days of holiday
- Mental and emotional health support from Mindletic
- Frequent team-building events
- A personal budget for shopping on Vinted
- A daily allowance for ordering lunch
- Work anywhere in the EU for 90 days out of the year
- Dog-friendly office
- Home office support (IT workstation equipment provided and a personal budget for home workplace furniture)
Company HQ
Naujamiestis, Vilnius, Vilnius County
Leadership
Justas Janauskas
(Co-Founder & Board Member)Previously worked as Chief ERP Software Architect at Alna Business Solutions, and served as CEO of HumansApp.
Milda Mitkutė
(Co-Founder)Previously worked as PR and Communication Project Manager at Pro Consulto, and served as Vinted's Head of Performance Marketing.
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