Strategic Finance Lead, Faire

Global Topline

$132-202k

Salary dependent on location. Plus equity

Senior level
Remote in US
Faire

Online wholesale marketplace

Job no longer available

Faire

Online wholesale marketplace

1001+ employees

RetailB2BMarketplaceSustainabilityConsumer GoodseCommerce

Job no longer available

$132-202k

Salary dependent on location. Plus equity

Senior level
Remote in US

1001+ employees

RetailB2BMarketplaceSustainabilityConsumer GoodseCommerce

Company mission

To empower entrepreneurs around the world to chase their dreams.

Role

Who you are

  • A Bachelor’s degree and [5]+ years of experience in strategic corporate finance, private equity/venture capital, investment banking and/or management consulting
  • You can think across multiple dimensions of what drives a business equation (sales, product, marketing etc.) and work cross-functionally to synthesize insights and produce useful financial forecasts
  • You are analytical and data-driven - you can define KPIs, measure progress and diagnose performance using root cause analysis
  • You can design, implement and optimize a process that balances the appropriate amount of efficiency, resilience and quality control required by the scope of work
  • You are a team player that wants to win while also having fun with teammates along the way
  • You want to work in a fast-paced environment with constant change
  • You are resourceful and not afraid to roll up your sleeves

Desirable

  • Knowledge of SQL
  • Experience working with (as a client) or for (as an operator) a fast growing marketplace business
  • Experience with equity and/or debt capital markets

What the job involves

  • We are looking for an outstanding candidate to take on a variety of financial, strategic, and analytical projects to drive quality growth for our business
  • Within the Strategic Finance function at Faire, the Global Topline team owns the analysis and synthesis of company-wide topline key performance indicators and financial metrics in addition to managing the forecast process architecture (i.e. how inputs across various teams and functions come together to form the foundation for our financial projections)
  • This role will require the ability to spot opportunities and risks, develop hypotheses, pressure test inputs, forecast outputs and execute in-depth analyses to translate data into insights and make recommendations to Faire’s leadership team based on findings
  • This is an opportunity to join a team where you’re set up for success and play an integral role in helping us scale
  • Capital is necessary in every business, but at Faire it serves as a core value proposition to our customers
  • The Finance & Strategy team ensures we have access to it and are spending it effectively, but also wears several other hats at Faire including maintaining internal investment policies that govern capital allocation, strategic growth planning and company-wide performance management
  • Given the company-wide mandate, you will have the opportunity to work with a wide variety of cross-functional stakeholders and have visibility to senior leadership
  • This is an ideal role for someone who is naturally curious, excited to learn the mechanics of how a Global business operates and wants to work in a fast-paced, highly collaborative, and data-driven environment
  • Own the topline forecast model including architecting and optimizing how various input models come together to produce the overall company level forecast
  • Synthesize the expected impact assumed across a portfolio of investment areas to communicate the narrative for how we expect future results to come together
  • Design processes to improve forecasting accuracy, insight and planning efficiency
  • Manage quarterly rolling forward year forecasting and bi-annual longer range planning to provide senior leadership with an evergreen view on the financial trajectory of the business
  • Maintain accurate and effective reporting for the most critical company-level metrics such as net dollar retention and payback/ROI on new customer acquisition
  • Identify opportunities, develop hypotheses, and execute in-depth analyses to translate data into insights and make recommendations to Faire’s leadership team based on your findings

Otta's take

Xav Kearney headshot

Xav Kearney

CTO of Otta

Faire is a company that helps retailers find and buy wholesale merchandise for their stores, pairing independent brands with retailers. The company connects two million retailers globally to tens of thousands of brands across the globe.

In addition to a large catalog, the company attracts smaller retailers by offering net 60-day terms and free returns to boost confident buying at unpredictable times. Faire has seen impressive growth, reporting 300% year-on-year volume growth and a valuation of over $12.6B following its most recent tranche of funding from Shopify.

This investment is funding its continuing expansion into European and Australian markets, while accelerating product development, focusing on its OS for wholesale. It is also hiring talent globally as it takes aim at becoming a kind of Amazon for local and indie brands that want to sell globally.

Insights

Top investors

Some candidates hear
back within 2 weeks

109% employee growth in 12 months

Company

Employee endorsements

Opportunities to learn

"I joined Faire over a month ago and the onboarding has been very comprehensive including some additional material that has been extremely helpful..."

Funding (last 2 of 10 rounds)

May 2022

$416m

SERIES G

Nov 2021

$400m

SERIES G

Total funding: $1.5bn

Company benefits

  • Comprehensive healthcare
  • All of our offices have been designed with local in mind—from our architects to our coffee blends
  • Paid vacation time, holidays, and company-wide “Faire Fundays.”
  • Including a monthly credit toward your wellness-related programs
  • Generous parental and family leave, as well as fertility support benefits
  • Including free access to Modern Health therapists and resources
  • Optional morning meditation, plus a free Headspace membership
  • Faire will match up to US$250 of your charitable donations, every year
  • For personal and professional development, as well as unlimited access to training courses through LinkedIn Learning
  • Whether you want to grow as a leader, hone your craft, or explore a new discipline, our career framework allows space for you to explore

Company values

  • We serve our community
  • We seek the truth
  • We’re all owners
  • We embrace the adventure
  • We’re kind

Founders

Was previously an Advisor at Blunt Umbrellas and Director of Consumer Product at Square.

Former Director of Security and Risk Engineering at Square, prior to co-founding Faire.

Previously a Senior Software Engineer at Google. Before that, co-founded FreePoint Inc.

Was Operations Lead at Square. Before that was a Business Analust for McKinsey and Co.

Diversity & Inclusion at Faire

Clarence Sanon  headshot

Clarence Sanon (Engagement and Inclusion Manager)

  • We have internal structures and mechanisms that acknowledge and counteract organizational bias while ensuring equitable opportunity across the organization.
  • Our teams are balanced across demographic backgrounds and identities, ensuring equity at all levels of the organization and ensuring a region-specific nuance
  • Faire Femmes: Our mission is to build a space that is inclusive, safe, and empowering for those who identify as women to succeed
  • HUE: Our mission is to create a safe space where folks of colour can feel comfortable being themselves and talk to folks who get it. We want HUE members to feel confident expressing themselves, their culture, and their heritage
  • Flaire: Our mission is to empower all Faire employees to express their whole selves at work, and to make Faire an inclusive environment for all members of the LGBTQ+ community
  • ​​Fairents: Our mission is to cultivate Faire into a company where working parents can thrive in their professional ambitions, maximize their impact supporting Faire business goals, and be successful in their pursuit of rewarding & fulfilling journeys as parents
  • We have employee resource groups (ERGs) and a cross-functional Diversity, Equity, Inclusion, and Belonging Council (DEIB) at Faire. The DEIB Council works in collaboration with other functions to ensure integration and consideration of DEIB in policies, programs, products, and processes

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