Director of Corporate Finance
at Stitch Fix
USA (Required Working Hours: PST), Remote
About Stitch Fix, Inc.
Stitch Fix (NASDAQ: SFIX) is the leading online personal styling service that helps people discover the styles they will love that fit perfectly so they always look - and feel - their best. Few things are more personal than getting dressed, but finding clothing that fits and looks great can be a challenge. Stitch Fix solves that problem. By pairing expert stylists with best-in-class AI and recommendation algorithms, the company leverages its assortment of exclusive and national brands to meet each client's individual tastes and needs, making it convenient for clients to express their personal style without having to spend hours in stores or sifting through endless choices online. Stitch Fix, which was founded in 2011, is headquartered in San Francisco.
About the Team
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, innovative and insightful analysis, and financial integrity. We are looking for bright, kind individuals who are motivated by challenges and can succeed in a fast-paced environment where they will build and improve processes to scale the business to the next level.
About the Role
The Director of Corporate Finance will lead all aspects of our Corporate Finance function. Reporting to the VP of FP&A, this person will lead the management and consolidation of the Company’s annual planning process, interim forecasts, and provide analytical, strategic and storytelling partnership for Board reporting and investor relations. You will manage and mentor a team which provides financial business support to the organization (including headcount planning, Technology and and G&A departments) and owns 3-statement modeling and forecasting.
To be successful in this role, you will need strong managerial, analytical and system skills. You will have the ability to understand the Company’s financial model and strategic goals, while also being very detail oriented. This is an ideal role for someone who is excited about the opportunity to consolidate and oversee the complete picture of our company performance and thrives on deriving insights and business recommendations from the financial statements.
While the role is remote, we have a strong preference for candidates who can align their working hours with the Pacific Standard Time (PST) zone. Candidates from other time zones are welcome, provided they can adjust their working hours to meet this requirement.
You're excited about this opportunity because you will…
- Lead a team of 4-5 people owning all aspects of Corporate Finance, including running the processes for budgeting, forecasting and close reviews, as well as partnership around Board reporting and investor relations.
- Own the Corporate financial forecast models including P&L, balance sheet, and cash flow, as well as the financial planning calendar.
- Take a leadership role within FP&A in coordinating the Company’s annual strategic and long-range planning processes.
- Own and drive strong storytelling across reporting (internal, BOD and external) and ensure a high degree of quality, timeliness, and accuracy in reporting and business insights.
- Proactively provide actionable insights and data to the Finance and executive leadership team to align short- and long-term financial plans.
- Partner with business to support strategy and business decision-making. Establish regular cadence with business partners for monthly budget vs actual analysis, headcount reporting, monthly and quarterly expense forecast updates, annual planning, and special projects.
- Analyze business performance by identifying gaps between forecast and goals; providing feedback to senior leadership regarding risks and opportunities
- Build trusted relationships with key cross-functional business partners as well as within the Finance / Accounting team.
We’re excited about you because…
- You have a minimum 8-12 years of experience in finance with a specific focus on FP&A and operations finance
- You have 8+ years of experience in financial planning, budgeting, and forecasting, or in a related finance function such as investment banking, private equity, venture capital, strategy consulting
- You have extremely strong financial modeling skills and high proficiency in finance, accounting, and strategy
- You have experience presenting to a C-level audience at a large, public company
- You have excellent analytical, troubleshooting, problem-solving, and project management skills and the ability to spot trends in large amounts of data
- You have a BA / BS in a related field
- You have strong Microsoft and Google Suite skills and are adapt at financial systems (e.g. Anaplan, Essbase)
- You have excellent process planning, problem solving and analytical skills with a strong attention to detail
- You have excellent communication skills, both written and verbal
- You have strong interpersonal skills and the ability to build trust with an Executive team
- You’re highly self-motivated, have a stellar work ethic and you’re looking for the right company to support your growth
- Above all else you are bright, kind and motivated by challenge
Why you'll love working at Stitch Fix...
- We are a group of bright, kind people who are motivated by challenge. We value integrity, innovation and trust. You’ll bring these characteristics to life in everything you do at Stitch Fix.
- We cultivate a community of diverse perspectives— all voices are heard and valued.
- We are an innovative company and leverage our strengths in fashion and tech to disrupt the future of retail.
- We win as a team, commit to our work, and celebrate grit together because we value strong relationships.
- We boldly create the future while keeping equity and sustainability at the center of all that we do.
- We are the owners of our work and are energized by solving problems through a growth mindset lens. We think broadly and creatively through every situation to create meaningful impact.
- We offer comprehensive compensation packages and inclusive health and wellness benefits.
Compensation and Benefits
This role will receive a competitive salary, benefits, and equity. The salary for US-based employees hired into this role will be aligned with the range below, which includes our three geographic areas. A variety of factors are considered when determining someone’s compensation–including a candidate’s professional background, experience, location, and performance. This position is eligible for an annual bonus, and new hire and ongoing grants of restricted stock units, depending on employee and company performance. In addition, the position is eligible for medical, dental, vision, and other benefits. Applicants should apply via our internal or external careers site.
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You can read more about Recruiting Scam Awareness on our FAQ page here: https://support.stitchfix.com/hc/en-us/articles/1500007169402-Recruiting-Scam-Awareness