Sr. Manager, FP&A

Confidence can sometimes hold us back from applying for a job. Here’s a secret: there's no such thing as a "perfect" candidate. Poshmark is looking for exceptional people who want to make a positive impact through their work and help create an organization where everyone can thrive. So whatever background you bring with you, please apply if this role would make you excited to come to work every day.

Job Description

Within Poshmark’s Financial Planning & Analysis team (FP&A), we enjoy a unique vantage point into everything happening within Poshmark. Our team provides strategic support to the CFO, CEO, and senior leadership on enterprise-wide planning, analysis, and reporting. As the central place the entire company looks to for an understanding of financial performance, we play a major role in driving business decisions.

In this role, you will own key processes essential to the heartbeat of Poshmark Finance, including the In-Year and long-term planning process, and more specifically the Month-End, Quarter-End, and Revenue Guidance processes. The position will support multiple executives and lead a team of finance professionals based in the US and India.

Responsibilities

• Lead the total Poshmark In-Year financial planning process (i.e., Month-End Close, Quarter-End Close, and Revenue Forecast).
• Manage and develop the FP&A team and the Revenue Finance team, which is composed of high-performing finance professionals that support the multi-faceted aspects of our global business.
• Understand and develop cohort analytics (buyer/seller) to model the business drivers.
• Engage with business teams to support and drive key Free Cash Flow initiatives.
• Partner with the finance leaders to produce monthly and quarterly business updates for Poshmark’s senior executives and the Board of Directors (BOD).
• Drive company-wide financial analysis and overviews for the CFO and Finance leadership team. Identify financial improvements, deep dive on cost structures, and analyze business opportunities and/or investments with a keen eye on scaling for future growth and driving profitable returns.
• Drive simplification and automation of the finance workflows and redirect finance bandwidth to higher impact decision support.
• Provide feedback to leadership regarding risks associated with financial projections; support your team in budgeting and planning processes; share insight on relevant market trends.
• Hire and develop the best finance talent. However, also be ready to dive deep when data and anecdotes disagree or when there are trend breaks.
• Leverage Pigment, Netsuite, and other corporate financial systems to support deep dive analysis and results summarization in response to CFO/CEO needs.
  
  

6-Month Accomplishments

• Drive strategic planning process.
• Drive MFR conversations after 3 months with the Board.
• Provide guidance and help drive the FCF initiatives.
• Build a team of analysts in the US and India to help go deeper on insights and leverage Pigment.
  
  

12+ Month Accomplishments:

• Optimize Pigment's capabilities to enhance financial reporting accuracy, reduce manual data entry, and streamline report generation
• Make the Annual Operating Planning process simpler with multiple scenario modeling being available in Pigment.
  
  

Requirements

• 8+ years of positions that require analysis and reporting financial results experience.
• 6+ years of building financial and operational reports/data sets that inform business decision-making experience.
• 5+ years of hiring, leading, and developing teams experience.
• Bachelor's degree in finance, accounting, or related field.
• Experience working in a fast-paced environment similar to a high-tech start-up.
• Strong people partnership skills with the ability to work effectively on cross-functional teams.
• Works well under pressure with the ability to prioritize competing deliverables.
• Proficient oral and written communication skills.
  
  

Salary Range

$137,000.00 - $199,500.00 Annual

About Us

Poshmark is a leading fashion resale marketplace powered by a vibrant, highly engaged community of buyers and sellers and real-time social experiences. Designed to make online selling fun, more social and easier than ever, Poshmark empowers its sellers to turn their closet into a thriving business and share their style with the world. Since its founding in 2011, Poshmark has grown its community to over 130 million users and generated over $10 billion in GMV, helping sellers realize billions in earnings, delighting buyers with deals and one-of-a-kind items, and building a more sustainable future for fashion. For more information, please visit www.poshmark.com, and for company news, visit newsroom.poshmark.com.

Why Poshmark?

At Poshmark, we’re constantly challenging the status quo and are looking for innovative and passionate people to help shape the future of Poshmark. We’re disrupting the industry by combining social connections with e-commerce through data-driven solutions and the latest technology to optimize our platform. We’re nothing without our amazing team who deliver an unparalleled social shopping experience to the millions of people we connect each day.

We built Poshmark around four core values: 1) focus on people to create empowered communities that drive success; 2) together we grow to support each other to strive for our dreams; 3) lead with love to foster genuine connections built upon a foundation of respect; and 4) embrace your weirdness to accept and empower one another on their own unique journey. We’re invested in our team and community, working together to build an entirely new way to shop. That way, when we win, we all win together. Come help us build the most connected shopping experience ever. We will set you up with comprehensive global and in-country benefits to support you and your family needs.

Poshmark is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

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