Spring wants to change the way people shop and the way brands interact with customers. The company was founded in 2013 with the vision to build a digital alternative to traditional brick and mortar retailers: we’re the store that never closes, is available wherever you are in the world, and has impeccable customer service from when you first open the app, to when your purchase arrives at your front door. We’re not constrained by challenges that traditional online retailers face, so we’re delivering a shopping experience that puts our customers first.
Our Finance team is responsible for managing and overseeing elements of treasury, FP&A, budgeting, & AR/AP. By understanding the ins and outs of our finances, this team works collaboratively across departments to sustain the overall health of Spring. They are responsible for the core operation of our business, from planning and strategy to making sure our bills are paid on time.
Until recently, we’ve been running with a small Finance and People Ops Team; looking ahead, we need to scale our processes and systems in order to support the increasing complexity of a growing business. As a result, we are looking for a strategic, analytical, and scrappy Director, FP & A who will join Spring’s Finance Team. This person will be responsible for building out key planning and analysis functions and act as a will be a strategic thought partner to management.
The Director will bring a new level of rigor and insight into Spring’s financial planning and will help make each department successful through thoughtful partnership around budgeting and resource allocation. This is a big role: you’ll be a team of one (at least in the short term) and will need to be comfortable wearing many hats, rolling up your sleeves, and juggling competing priorities.
What you will do:
Build the company’s three statement consolidated operating model and long-range plan. Update and maintain these as the business grows and our environment changes
Set KPIs and implement a reporting framework that allows all departments to track performance against targets. Create budgets and financial targets for each department
Conduct monthly variance analyses and with Department Heads to address significant deviations from plan
Drive our forecasting function and providing company leadership with analyses and projections to influence key decision-making. This will likely include ad hoc projects on strategic initiatives such as pricing, margin expansion, LTV, CAC
Work cross-functionally to understand and track core business drivers and outline the resourcing that is necessary to achieve our strategic goals.
Create and adapt our strategic planning processes; facilitate decisions relating to capital allocation and future capital needs
Run the annual budgeting and quarterly re-forecast processes. Prepare cash flow forecasts with a strong focus on inventory/working capital needs and capital expenditures
Perform high level scenario analyses around strategic initiatives to inform decision making. Present this information to management and our board, as needed
Work with People Ops to implement processes for managing and forecasting headcount planning and comp/ben
What you need to have:
8+ years of relevant professional experience, bonus points if you have spent time in a marketplace or ecommerce company
Experience in a startup, preferably one that has gone through a funding round
Strong analytical mind paired expert financial modeling skills. While you might not be responsible for building every single Excel spreadsheet, you’ll be the SME on all things related to modeling
Self-starter with a proven success in startup or similar fast paced environment
Excellent communication skills. At Spring, a given week could have you presenting at All Hands, speaking to our board, and fielding questions from our Concierge Team. You should be comfortable in all situations
Understand how to balance the importance of short term and long term goals, as well as prioritize initiatives
Strong knowledge of GAAP accounting and the metrics and KPIs by which we measure our business
Prior experience managing and mentoring a team is a nice to have. While this role won’t manage a team from day one, there is potential to grow the team as determined by company needs
We believe shopping should be simple. So we created Spring, the best way to go shopping on your phone. Spring is a mobile marketplace where customers can shop directly from a curated community of brands that includes luxury labels, fast-fashion, emerging designers, beauty and lifestyle products. Spring’s revolutionary technology integrates with a brand’s existing e-commerce system to create a truly seamless experience for both consumers and brands.
Best of Rankings:
Top 10 Most Innovative Startups, Inc. - http://goo.gl/TfpFTJ
Top 25 Best Apps of 2014, Apple - http://goo.gl/SwFW0b
The CNN 10: Startups, Cnn - http://goo.gl/WAeYgT
The 10 Best apps of 2014, Vogue - http://goo.gl/idd48c
Members of our team have helped change the world through their previous work building products used and loved by hundreds of millions of people - at @Google, @Fab, @DVF, @Shopbop, @RalphLauren, @BeachMint, and more. Open opportunities: http://jellolabs.com/jobs/