thredUP
Inspiring a new generation of consumers to think secondhand first
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
ThredUp is seeking a dynamic Director of Finance ready to dive into the heart of our financial operations. In this role you will spearhead our Financial Planning processes and oversee the reporting of ThredUp’s Profit and Loss statements for our U.S. operations. In addition, you will be responsible for managing the forecasting, variance analysis, and reporting procedures across the consolidated business. Reporting directly to the CFO, you will have the opportunity to guide enhancements to our FP&A function working in close collaboration with our Executive team.
In This Role You’ll Get To:
- Lead the U.S. FP&A team, including development, hiring, performance management and task management
- Manage comprehensive budgeting and planning process inclusive of driving forecasting cadence in accordance with our internal and external financial reporting calendars
- Own and improve quarterly board package and offer executive insights on performance vs plan
- Report and assess our performance vs. forecast for total Company; identify any risks or opportunities associated with reported financial data delivering impactful and actionable insights that drive decision making
- Be the liaison for our European business to help inform the total company picture from a consolidated perspective
- Develop, streamline, and maintain the total company consolidation model
- Be the subject matter expert and provide guidance regarding all finance related decisions across all business partners
- Support and proactively influence functional business partners to address opportunities through regular and ad-hoc projects as needed
- Support and drive continuous improvement in processes for long term strategic planning, annual operating plan, quarterly board reviews, forecasting and monthly close
- Support the global FP&A system implementation and processes definition & improvement
What We’re Looking For:
- 10+ years of work experience in finance/FP&A
- Experience in e-commerce, marketplaces, retail or other quantitative/data-driven industries would be a plus
- Excellent and proactive communicator
- Advanced modeling and analytical skills
- Ability to meet deadlines in a dynamic, fast paced, and high-growth environment
- Strong process and systems improvement experience
- Mastery of google sheets, excel and other office suite tools
- Ability to connect the dots between strategies, think bigger and challenge the status quo
- Proficiency in SQL a plus but not required
- Proficiency using BI tools (Looker/Tableau) a plus but not required
- BS/BA in finance, accounting, or other quantitative field
At thredUP, your base pay is one part of your total compensation package. This role pays between $179,000 and $278,000, 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’s 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 [email protected] 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.