About Us: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 now offers infinite points of access to its shared closet via a fully customizable subscription to fashion, one-time rental or ownership. RTR offers designer apparel, accessories and home decor from 700+ brand partners and has built in-house proprietary technology and a one-of-a-kind reverse logistics operation. Under CEO and Co-Founder Jennifer Hyman’s leadership, RTR has been named to CNBC’s “Disruptor 50” five times in ten years, and has been placed on Fast Company’s Most Innovative Companies list multiple times, while Hyman herself has been named to the “TIME 100” most influential people in the world and as one of People magazine’s “Women Changing the World.”About the Job:As our first ever VP, Internal Audit, you will play a critical role at RTR. Reporting to the Audit Committee with a dotted line to the CFO, you will leverage your cumulative knowledge to work directly with management and our external auditors to create an internal controls/audit program and then oversee the ongoing annual SOX program. You will bring a systematic and disciplined approach to evaluating the effectiveness of the Company’s governance, risk management, compliance and control practices. You will help us operate as a public company and collaborate with cross-functional teams including Finance, Legal, IT, Security.What You’ll Do:

• Develop annual audit plans and schedules using a risk-based approach, creating a pipeline of projects for short-, medium-, and long-term, related to operational compliance, regulatory compliance, and controls over financial reporting
• Allocate sufficient flexibility in the audit plan to accommodate risk profile changes or respond to urgent events, while maintaining appropriate coverage of high-risk areas
• Develop and maintain a strong knowledge of RTR systems, operations, practices, and business issues.
• Act as the “go-to” person for risk management (Risk Leader) and internal controls within RTR, providing reliable and insightful guidance for implementing controls within a business process in an efficient and effective manner
• Oversee operational and compliance audits, including the scoping, testing and documentation of the results; communicate findings and propose recommendations and  track the remediation and closure of findings
• Ensure appropriateness of internal control documentation for financial processes, IT applications, and ITGCs, including planning documents, narratives, process maps, walkthroughs, and tests of controls
• Develop and maintain close working relationships with Audit Committee, external auditors and key cross functional leaders, ensuring a holistic understanding of key risks and processes of the organization and oversight of relevant work streams 
• Proactively advise management on key risk areas and drive remediation plans balancing risk mitigation with pragmatic processes

About You:

• Undergraduate degree in Accounting + CPA required; CISA or other relevant professional certification highly desired 
• 15+ years of Sarbanes-Oxley/Internal Audit experience
• Prior Big 4 experience is highly desirable
• Experience at emerging growth company, and/or post IPO experience strongly preferred
• Demonstrated experience managing audits within a complex operational environment
• Experience interacting with external auditors, general counsel and regulators
• Advanced knowledge of public company internal control requirements
• Advanced understanding of financial and business processes and the risks surrounding those processes
• Strong understanding of IT risks and controls and their overall impact to financial control environments
• Experience managing a team that is a mix of company employees and third-party consultants
• Excellent written and oral communication skills
• Strong analytical, organizational, and presentation skills

Benefits:

At Rent the Runway, we’re committed to the wellbeing of our employees, and aim to create a workplace that fosters both personal and professional growth. Our inclusive benefits include, but are not limited to:

• Paid Time Off including vacation, paid bereavement, and family sick leave - every employee needs time to take care of themselves and their family.
• Universal Paid Parental Leave for both parents + flexible return to work program  - because we know your newest family member(s) deserve your undivided attention.
• Paid Sabbatical after 5 years of continuous service - Unplug, recharge, and have some fun!
• Exclusive employee subscription and rental discounts -  to ensure you experience the magic of renting the runway (and give us valued feedback!).
• Comprehensive health, vision, dental, FSA and dependent care from day 1 of employment - Your health comes first and we’ve got you covered.
• 401k match - an investment in your future.
• Company wide events and outings - our team spirit is no joke - we know how to have fun!
• Hybrid Work - when our corporate employees return to the office post COVID they will have the option to work remotely 2-3 days a week, in accordance with Company policies. 

COVID-19 VACCINE REQUIREMENT:RTR is requiring all US corporate employees to be fully vaccinated for COVID-19 in order to work in person, unless an employee requires a reasonable accommodation for medical or religious reasons.  If you believe that you may require an accommodation, please apply for any roles that interest you and if hired, you will receive information on how to request a reasonable accommodation after your start date. RTR will evaluate all such requests in accordance with Company policy and applicable law.   Rent the Runway is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant or employee based on any legally-recognized basis, including, but not limited to: race, color, religion, sex (including pregnancy, lactation, childbirth or related medical conditions), sexual orientation, gender identity, age (40 and over), national origin or ancestry, citizenship status, physical or mental disability, genetic information (including testing and characteristics), veteran status, uniformed service member status or any other status protected by federal, state or local law.