Director, Tax

Overview

Rent the Runway (RTR) is transforming the way we get dressed by pioneering the world’s first Closet in the Cloud. Founded in 2009, RTR has disrupted the $2.4 trillion fashion industry by inspiring women with a more joyful, sustainable and financially-savvy way to feel their best every day. As the ultimate destination for circular fashion, the brand offers access to its shared closet via a fully customizable subscription to fashion, one-time rental or ownership. RTR partners with hundreds of brand partners and has built in-house proprietary technology and a reverse logistics operation. Under CEO and Co-Founder Jennifer Hyman’s leadership, RTR has been named to CNBC’s “Disruptor 50” multiple times and to Fast Company’s Most Innovative Companies list, while Hyman has been recognized in TIME 100 and People magazine’s Women Changing the World.

About the Job :

As the Director of Tax you will be a senior member on the Finance team responsible for leading and running the tax function. You will report to the VP, Controller and partner with other finance leaders and cross-functional senior leaders to (1) ensure tax compliance for the company and its Irish subsidiary, (2) assess tax implications of business projects and lead relevant tax implementation strategies, and (3) develop near-term and long-term strategic tax efficiencies.

This is a senior-level, hands-on, individual contributor role based in our Brooklyn office. Rent the Runway’s Accounting team works from the office three days per week, typically Tuesday-Thursday.

What You’ll Do

Manage and facilitate the preparation, review, and filing of company federal and state tax returns

Manage the preparation and filing of company sales and use tax returns

Prepare income tax returns for the company’s international subsidiaries

Prepare VAT returns for the company’s international subsidiaries

Manage the calculation and review of quarterly and annual income tax provisions

Support audits and liaise with external auditors to address tax inquiries

Prepare and review tax disclosures for quarterly and annual filings

Lead the preparation and oversight of monthly and quarterly sales tax roll forwards, tax reconciliations and period-end journal entries

Manage the tax professional services budget and record accruals as needed

Support external tax advisers in responding to examinations from federal, state, and local authorities

Manage and support special tax-related projects

Maintain strong internal controls and ensure compliance with tax processes

Partner with internal departments to provide tax guidance for new business initiatives

Review vendor tax forms for accurate withholding tax treatment; advise Accounts Payable and Buying teams

Collaborate with Payroll and HR on HR / Equity related tax matters

Develop relationships with external tax advisers

Monitor legislative and regulatory tax developments and communicate impacts to management

About You

10+ years of progressive tax experience

Public accounting tax experience or tax consulting experience required

Bachelors or advanced degree in accounting or taxation required

CPA license required; JD or other licenses preferred

International tax experience preferred

Ability to work effectively in a fast-paced, start-up environment

Strong multi-tasking and prioritization skills

Detail-oriented self-starter

Effective communication with various levels in the organization and with external parties

Ability to build connections with outside advisers domestically and internationally

Willingness to support broader accounting and legal teams as needed

Benefits

Paid Time Off including vacation, bereavement, and family sick leave

Universal Paid Parental Leave for both parents plus flexible return-to-work program

Paid Sabbatical after 5 years of continuous service

Exclusive employee subscription and rental discounts

Comprehensive health, vision, dental, FSA and dependent care coverage from day 1

401k match

Company-wide events and outings

Hybrid Work : option to work remotely 3 days a week

Rent the Runway is an equal opportunity employer. We prohibit discrimination based on protected status as required by law.

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