Senior Financial Analyst, Stitchfix
FP&A Merchandising Finance
$116-124k
This position is eligible for new hire and ongoing grants of restricted stock units depending on employee and company performance
Online personal styling
Job no longer available
Online personal styling
1001+ employees
Job no longer available
$116-124k
This position is eligible for new hire and ongoing grants of restricted stock units depending on employee and company performance
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 ideal candidate will have strong analytical abilities, a solid grasp of Sales, Margin and Inventory forecasting, and a passion for tackling complex business challenges in a collaborative team environment
- You have 2-4 years of financial analysis, retail finance, merchandise planning, inventory planning or accounting experience with exposure to forecasting, budgeting and monthly close activities
- You have proven experience with full-price and markdown forecasting models, applying retail best practices to optimize pricing strategies and financial forecasting
- You have superior Excel skills, including basic financial modeling, and have experience creating effective presentation slide decks
- You possess strong analytical, troubleshooting, problem-solving, and project management skills
- 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
- You have experience with Anaplan, Essbase, and/or similar planning and reporting tools
What the job involves
- As a Senior Financial Analyst, you will play a key role as an FP&A business partner to our Merchandising Buying and Planning team
- You will be responsible for creating and updating reports, forecasts, and financial models to provide valuable insights that drive strategic decisions for the Merchandise team
- This role offers you broad visibility across the organization, enabling you to generate impactful business insights
- Develop and work in close partnerships within finance and across the business to develop annual, quarterly and monthly budgets and forecasts including but not limited to merchandise margin, inventory, and opex
- Manage and track financial performance against annual budget, seasonal financial plans, and KPIs
- Analyze variances to plan and forecast, providing insight on current and expected trends, and identifying areas of risk and opportunities
- Participate in cross-functional projects and lead process improvement efforts, including dashboard and reporting enhancements
- Prepare monthly financial review presentations, recapping results vs. plan and forecast for management meetings
- Drive ad-hoc analysis and scenario modeling to aid in decision-making
- Evolve tools, enhance existing reporting, and improve business processes in partnership with Finance and the business
- Identify and quantify risk or upside due to business environment to offer solutions and aid in decision-making
- Assist with conducting ad hoc analysis and scenario modeling at the request of the finance team, management and business partners to aid in decision-making
- Own communications of shared calendars for forecast deadlines/dates for the Merchandise Finance team
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.
Share this job