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Senior Financial Analyst

ThredUp

ThredUp

IT, Accounting & Finance
Scottsdale, AZ, USA
Posted on Monday, April 15, 2024

About ThredUp

ThredUp is transforming resale with technology and a mission to inspire the world to think secondhand first. By making it easy to buy and sell secondhand, ThredUp has become one of the world's largest online resale platforms for apparel, shoes and accessories. Sellers love ThredUp because we make it easy to clean out their closets and unlock value for themselves or for the charity of their choice while doing good for the planet. Buyers love shopping value, premium and luxury brands all in one place, at up to 90% off estimated retail price. Our proprietary operating platform is the foundation for our managed marketplace and consists of distributed processing infrastructure, proprietary software and systems and data science expertise. With ThredUp’s Resale-as-a-Service, some of the world's leading brands and retailers are leveraging our platform to deliver customizable, scalable resale experiences to their customers. ThredUp has processed over 172 million unique secondhand items from 55,000 brands across 100 categories. By extending the life cycle of clothing, ThredUp is changing the way consumers shop and ushering in a more sustainable future for the fashion industry.

Recognized on TIME Most Influential Companies of 2023, Digiday's WorkLife 50 2023, TIME's Best Inventions of 2022, and Lattice's People Success Awards 2022.

How You Will Make An Impact
We are looking for a detail-oriented and strategically minded Senior Financial Analyst to join our FP&A team. As a Financial Analyst at ThredUp, your responsibilities include assisting with financial planning and budgeting processes, analyzing financial statements and reports, developing financial models, preparing projections, and performing research and analysis as may be required by leadership. You will also be responsible for providing project teams & internal business partners with financial guidance and assisting with monthly close processes.

To be successful as a Senior Financial Analyst at ThredUp, you are able to perform a variety of financial activities including planning, analysis, budgeting, and reporting. You also have strong analytical, organizational, and problem-solving skills and are able to present financial information and models in a concise and easily comprehensible manner.

In This Role You’ll Get To:

  • Responsible for Aftermarket and 3rd Party revenue forecast modeling and reporting to predict and explain business performance

  • Support Total Company Consolidations and Board/Executive/All Hands Presentations partnering with the entire FP&A Org

  • Partner with the Revenue Team to understand and align business trends into revenue forecast

  • Support revenue performance analysis and adhoc requests

  • Provide insights into the forecast and the key drivers of performance in order to support business decision making

  • Work cross functionally with marketing and accounting to forecast the budget and understand variances

  • Track KPIs and prepare financial reports for your areas, helping to explain their impact on total company P&L

  • Develop financial projections and build financial models and maintain existing ones like Contribution Margin

  • Perform research and analysis as required

What We’re Looking For:

  • Experience with marketing forecasting a plus

  • Advanced modeling and analytical skills

  • BS/BA in finance, statistics or other quantitative field

  • Mastery of excel or google sheets

  • Proficiency in BI tools (looker) a plus

  • Experience with Planful a plus

  • Ability to connect the dots between strategies, think bigger and challenge the status quo

  • Self-starter and ability to take end-to-end ownership of projects

  • Strong analytical thinking and problem-solving skills, comfortable in a fast-paced
    data-driven business environment with the ability to multitask

  • Proven ability to prioritize effectively, achieve commitments and deliver results

At ThredUp, your base pay is one part of your total compensation package. This role pays between $117,000 and $135,000, and your actual base pay will depend on your skills, qualifications, experience, and location.

Many ThredUp employees also have the opportunity to own shares of ThredUp stock. ThredUp employees are eligible for discretionary restricted stock unit awards, as well as a discount when purchasing ThredUp stock if voluntarily participating in ThredUp Employee Stock Purchase Plan. Subject to eligibility requirements, you’ll also receive other benefits: Comprehensive medical & dental coverage, vision, 401k, life and disability insurance.

This role is not eligible for visa sponsorship.

What We Offer:

  • 4-day work week, with Fridays off

  • Hybrid work environment: 3 days in the office and 1 day remote each week

  • Competitive salary (we leverage market data)

  • Many ThredUp employees also have the opportunity to own shares of ThredUp stock and are eligible for discretionary restricted stock unit awards

  • Employee stock purchase plan

  • Flexible PTO (take the time you need) + 13 company holidays

  • Paid Sabbatical after 3 years of full time employment

  • Generous paid parental leave for new mothers and fathers

  • Medical, dental, vision, 401k, life and disability insurance offered

  • We live by our Core Values of Transparency, SpeakingUP, Thinking Big, Infinite Learning, Influencing Outcomes & Seeking the Truth

We believe diversity, inclusion and belonging is key for our team

At ThredUp, our mission has been built on extending the lives of millions of unique clothing items. Much like our inventory, we are proud to have fostered a workplace that is one-of-a-kind. As a company focused on diversity, inclusion and belonging, we are committed to ensuring our employees are comfortable bringing their authentic selves to work every day. A unique perspective is critical to solving complex problems and inspiring a new generation to think secondhand first. Be you.

If you are a candidate with a disability and have a reasonable accommodation request for the job application process, please email disabilitysupport@ThredUp.com the specific details of your disability related accommodation request. This email address is reserved for candidates with disabilities only. General application inquiries will not receive a response.