Strategic Finance Director, Faire
Growth
$230-316.5k
+ Equity
More information about location
2-5 days a week in office (New York City, NY)
Online wholesale marketplace
Be an early applicant
Online wholesale marketplace
1001+ employees
Be an early applicant
$230-316.5k
+ Equity
More information about location
2-5 days a week in office (New York City, NY)
1001+ employees
Company mission
To empower brands and retailers to strengthen the unique character of local communities.
Role
Who you are
- This role will require the ability to spot opportunities/risks, develop hypotheses, pressure test inputs, forecast outputs and steer in-depth analyses to translate data into insights and make recommendations to Faire’s leadership team
- The individual will partner closely with the several teams that have the mandate to drive new customer growth at Faire (Retailer Growth, Brand Growth, Sales, Marketing, New Market Expansion, etc.)
- 10+ years of relevant experience in Corporate or Strategic Finance, ideally in partnership with teams driving new customer acquisition growth
- Exposure to all forms of growth investment allocation at a fast growing technology business. The ideal candidate would have finance business partnership experience across Sales, Marketing and R&D
- Strong business & financial acumen. Deep finance knowledge and first class analytical capabilities combined with the mental flexibility and curiosity required to steer a rapidly evolving technology business
- Excellent communication skills – able to synthesize data and metrics to tell a compelling story, tailor content to different audiences, strong writing and presentation skills. High bar for separating signal from noise
- A get things done mindset - you are resourceful and not afraid to roll up your sleeves when necessary to move forward tactically. Your approach to monitoring performance balances fidelity with execution velocity
- Strong people and project management skills - experience growing and leading a team; can structure and manage complex cross-functional projects and meet tight deadlines
- Sharp attention to detail with a proactive approach to problem-solving
- Bachelor’s Degree in Business Administration, Finance, Economics, Accounting, or other relevant field
- Willingness and ability to travel as much as quarterly
What the job involves
- We are looking for a Strategic Finance Director to guide the next phase of new customer growth investment at Faire
- This is a unique opportunity to drive finance business partnership activities across Sales, Marketing and R&D
- The Strategic Finance team at Faire is organized around both product roadmap pillars and functional coverage areas (e.g. departments or company-wide objectives)
- This role would serve as the primary Strategic Finance Business Partner (i.e. “mini-CFO”) to the COO, CRO and related sub-organizations focused on growth
- You'll oversee all annual and interim financial planning for Growth investments across Sales, Marketing and R&D
- Steer/optimize new customer acquisition strategy and investment allocation while maintaining efficient returns on invested capital and alignment with Faire’s strategic priorities
- Work closely with cross functional partners and direct reports to develop, understand, and track execution plans against goals, including portfolio level ROI analysis
- Translate how growth oriented investment activities impact overall company financial performance
- Communicate the financial narrative of growth investment activities to internal and external stakeholders
Application process
- Applications for this position will be accepted for a minimum of 30 days from the posting date
Our take
Faire is helping retailers find and buy wholesale merchandise for their stores, pairing independent brands with retailers. The company connects two million retailers globally to hundreds of thousands of brands across the globe.
In addition to a large catalog, the company attracts smaller retailers by offering net 60-day terms and free returns to boost confident buying at unpredictable times. Faire has seen impressive growth, reporting 300% year-on-year volume growth and a valuation of over $12.6B following its most recent tranche of funding from Shopify.
This investment is funding its continuing expansion into European and Australian markets, while accelerating product development, focusing on its OS for wholesale. It is also hiring talent globally as it takes aim at becoming a kind of Amazon for local and indie brands that want to sell globally.
Steph
Company Specialist at Welcome to the Jungle
Insights
109% employee growth in 12 months
Company
Funding (last 2 of 10 rounds)
May 2022
$416m
SERIES G
Nov 2021
$400m
SERIES G
Total funding: $1.5bn
Company benefits
- Comprehensive healthcare: Including Health, Dental, Vision and Disability for all our locations.
- Time off: Paid time off, holidays and company-wide "Faire Fundays".
- Parental leave: Generous parental and family leave, as well as fertility support benefits.
- Productivity support: Monthly stipends to help cover work from home connectivity needs.
- Annual learning grant: For personal and professional development, as well as unlimited access to training courses through LinkedIn Learning.
- Thoughtfully designed spaces: All of our offices have been designed with local in mind – from our architects to our coffee blends.
- Fitness and well-being benefits: Including monthly credit towards your wellness-related programmes.
- Mental health benefits: Including free access to Modern Health therapists and resources.
- Charitable matching: Faire will match up to £250 of your charity donations, every year.
- Career planning: Whether you want to grow as a leader, hone your craft or explore a new discipline, our career framework allows space for you to explore.
Company HQ
Mission District, San Francisco, CA
Leadership
Max Rhodes
(Co-Founder & CEO)Previously an Advisor at Blunt Umbrellas and a Director of Consumer Product at Square.
Marcelo Cortes
(Co-Founder 7 Chief Architect)Previously a Senior Software Engineer at Google. Prior to that, they co-founded FreePoint Inc.
Jeff Kolovson
(Co-Founder & COO)Previously an Operations Lead at Square. Prior to that, they were a Business Analyst for McKinsey and Co.
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