FP&A Analyst
About Us
Fashion Nova is the world’s leading trend-to-market fashion and lifestyle brand with high-growth categories across its Women, Men, Kids and Beauty divisions. Renowned for delivering the most-wanted styles to millions worldwide, Fashion Nova earned the title of the Top 5 Most-Searched Fashion Brand on Google in 2022, alongside Louis Vuitton and Nike.
Founder & CEO Richard Saghian launched the brand in 2006, from a retail location in Los Angeles. After multiple store openings, Saghian launched the e-commerce website for Fashion Nova in 2013, pioneering a disruptive social commerce model of affordable, on-trend, size-inclusive clothing online– powered by an innovative, social media-first marketing strategy.
Today, Fashion Nova has amassed over 40 million social media followers, with annual sales of approximately $2 billion!
The brand’s name has been featured in chart-topping hit songs by Cardi B, Drake, 21 Savage, Saweetie, The Game, Tyga and Offset and its styles have been worn by many celebrities, artists and athletes including Meg The Stallion, Ice Spice, Chris Brown, Floyd Mayweather, Rick Ross, Kourtney Kardashian, and Kylie Jenner.
ROLE OVERVIEW
Fashion Nova is seeking a highly motivated individual to join our Financial Planning & Analysis team. As the Financial Planning Analyst, you will help us understand our business and support our growth plans. You will play a significant role in the monthly and quarterly planning and reporting processes while building partnership with various teams across the organization.
RESPONSIBILITIES
- Assist the Senior Financial Analyst with updating OpEx templated and departmental KPI scorecards for the month end close process and financial reporting
- Partner with Accounting to review month end close details, and ensure that operating expense accruals are properly book by department and GL classification
- Research and provide explanations on any budget versus actual variances in operating expense details
- Collaborate with department owners to help understand vendor costs, and ensure that billed invoices are accurate
- Contribute to the updating of sales, margin, and inventory receipt projections from Planning and cross functional teams
- Monitor requisitions, purchase orders, and vendor invoices across the OpEx approval chain to ensure that the departmental spend is aligned with budget and forecast expectations
- Prepare and quantify financial cost projections for new vendors and technology platforms with department owners, and ensure that the projections are captured in the financial model
- Formulate ad-hoc analytics by utilizing different data sources as needed for department owners and the Finance department
- Analyze and interpret data to identify trends, variances, and opportunities for improvement
- Validate and reconcile invoices from external service vendors
ROLE REQUIREMENTS
- 3+ years of Financial Planning and Analysis experience
- Strong analytical skills with high attention to detail and the ability to summarize large amounts of data
- Proven time management and multiple task management capabilities
- Excellent verbal and written communication skills
- Ability to be flexible and adapt quickly to shifting priorities and business needs
- Experience in e-commerce, retail, apparel or consumer sectors
- Advanced competency in Excel and PowerPoint
- BA|BS degree in Finance or Accounting
- English, additional language(s) an advantage.
BENEFITS
- New State-of-the-art HQ located in Beverly Hills
- Formalized career paths for continued professional growth
- Comprehensive health insurance across Medical, Dental and Vision
- 401k match, with immediate vesting upon eligibility
- Weekly catered lunches & fully-stock kitchen pantry!
- Opportunities to travel for trade shows and vendor meetings
- Summer Fridays Early Departure
- Team bonding events and programs
- Attractive employee discounts!
Fashion Nova, LLC, and subsidiaries thereof, is an Equal Opportunity Employer. We are steadfast in our commitment to equal employment opportunities and pledge that these objectives are reflected in all aspects of our daily operations. We will continue to recruit, hire, train, and advance in employment qualified individuals in all job titles without regard to race, color, national origin, gender, sexual orientation, gender identity, religion, age, status as a protected veteran, criminal history, or status as an individual with a disability; and shall not discriminate against any individual, any such characteristic, nor any other classification protected by local, state and|or federal law.