The Estee Lauder Companies Director, Finance & Analysis in New York, New York
Director, Finance & Analysis
Brand: Estée Lauder Companies Corporate Departments
The Global Retail Team is a center of excellence for the retail channel where we consolidate the financial planning and operational reporting to support the performance measurement of the Retail Channel globally. The team is responsible for the development and reporting of the primary financial metrics for the Global Retail Channel while partnering with the brands and regions to operationalize the reporting. Furthermore, the team will play a critical role in driving the development of strategic priorities and operating plans for the Retail Channel which includes the reporting framework that measures the profitability and effectiveness of the channel.
The responsibilities of the role include providing reporting accurately reflecting the status of global retail Fixed Asset by collecting, interpreting, and reporting financial data for the retail channel globally including Analyze current and past trends in all areas including rollouts, full retail price, and company stores. Analyze variances and advise on potential corrective actions. Monitor key performance indicators, highlighting trends and analyzing causes of unexpected variance. Review actual project spends against budgets and benchmarks. Develop financial models and analyses to support strategic initiatives and ad hoc project. The role reports to the Global Retail VP to collaborate with the finance leads of the brands and regions and to align Fixed Assets reporting results and validate assumptions of the primary new initiatives. The cadence of reporting includes preparing monthly, quarterly, and yearly reports for the brands and senior management. The position will be a key player in consolidating the retail channel reports and in preparing the departmental quarterly fixed assets results, estimates, annual budget and LRP (long range plan).
Knowledge of our financial tools, processes, and systems is a must.
Under the management of VP and management of Global Retail Channel performance and reporting (50%):
-Work with and lead cross-functional team on fixed asset process improvement initiatives
Enhance and automate existing processes to ensure calibration to current business needs
Develop visibility tools to track project spend and improve forecasting by connecting both Business Development project planning and Real Estate lease management
Create standard, automated reports measuring fixed asset spend against budget and benchmarks
Develop executive dashboards highlighting spend and project performance
-Consolidate and validate data for monthly, quarter results to ensure accuracy of information with supporting analysis, timely delivery, fully integrated with Brands and Regions
Support to GRC team quarterly analysis (notably forecast, budget differences) (30%):
-Review budgets, forecasts, and review proformas by establishing schedules; collecting, analyzing, and consolidating financial data; recommending plans.
Lead monthly project close out, month end and forecasting process
Partner with Finance, Logistics, Accounting and Store Development teams
Update and distribute monthly project status reports and dashboards
Mentor and develop three director reports
Establish and build upon analytical tools and reports to improve overall efficiency and accuracy
Assist with deep dive analysis on the primary initiatives to identify new capital, P&L savings opportunities across brands and geographies by leading the Brand Format consolidation (30%)
The role will be located in New York City, with some travel to Melville
Detail oriented, able to validate and integrate financial information from multiple sources for analysis and reporting
Understands how to organize and collaborate on economic analysis for the team and senior management
Excellent communication and interaction skills within the GRC team, Corp Finance, SC Finance, and regional finance leads
Knowledge and adherence to financial accounting, quarterly close, annual budget, and strategic long-range planning processes
Highest standards of accuracy and precision; highly organized
Ability to develop effective partnerships with a broad range of financial and non-financial partners at all levels of the organization
Prior experience in a branded retail organization
Strong leadership skills required. Experience in multi-unit retail concepts preferred
Strong working knowledge of SAP, Essbase, CPM, Business Intelligence, Excel, pivot tables
Minimum Years of Experience: 8
Builds Collaborative Relationships: Builds relationships based on trust and respect. Promotes the inclusion
of diverse knowledge, skills, and experiences to achieve results.
Demonstrates Learning Agility: Ability to anticipate change, face reality, draw conclusions, and swiftly
mobilize to adapt to the evolving needs and demands.
Strives for Excellence in Execution: Proactively seeks ways to improve personal and organizational
effectiveness to meet current and future business needs. Learns equally from successes and failures.
Job: Finance & Accounting
Primary Location: Americas-US-NY-New York
Job Type: Standard
Shift: 1st (Day) Shift
We are an equal opportunity employer. Minorities, women, veterans, and individuals with disabilities are encouraged to apply. Job Number: 173345