The Estee Lauder Companies Director of Finance in New York, New York
Director of Finance
Brand: Estée Lauder Companies Corporate Departments
This position within the NA finance and business management team supports the strategic planning, annual budgeting, P&L management and monthly estimate deliverables for both the La Mer, Jo Malone and Tom Ford Beauty brands. Perform analysis on key investment areas that drive sales growth- investment choices and the strategic allocation of resources. Evaluate brand strategies around retailer / channel / door investments, channel and distribution decisions and corresponding product and marketing investment allocation strategies.
Partner with the NA Brand Managers in developing and monitoring brand strategy including distribution and product choices. Develop long range plans and lead execution of strategy.
Manage the overall brand P&Ls including tight control of A&P spending in alignment with brand strategy.
Partner with the Brand GM, sales and marketing teams to deliver improvements in profit and ROI through more focused resource allocation strategies. Provide ongoing education and feedback to brand partners on allocation options and the profitability thereof.
Partner with Brand teams to define door distribution assignments and allocation rules for priority programs and supporting elements. Ensure products and investments are assigned to the appropriate distribution to yield the highest return, strategic channels/top malls/priority doors are favored and that investments in low volume launches and / or under-performing channels, accounts and doors have been right-sized.
Evaluate performance post-launch and post new door openings, sharing results and incorporating learnings into future investment and allocation decisions.
Analyze cost of goods and provide recommendations for continued improvement in gross margin.
Partner with Brand teams to lead the development of the annual strategy, budget and monthly estimates.
Participate in monthly brand consensus and SI&OP meetings to improve planning accuracy and reduce inventory.
Ensure accuracy of channel and segment P&L reporting; analyze channel, retailer and door level performance to drive improved investment decisions. Highlight insights to improve resource allocation decisions.
Consolidate and issue monthly financial reporting packages and other key reports, evolving reporting as needed to meet changing focuses and / or management needs.
Lead monthly financial meetings with brand departments.
Liaise with region shared service departments on capital, demonstration, field selling and store operations.
Manage and mentor a financial resource that will assist you with the management of your brands.
Leveraging the brand similarities to drive efficiency in reporting and analytics.
Involvement in North America Regional projects like Leading Beauty Forward, Strategy, Planning and Ad Hoc analysis.
-Experience in a fast moving consumer products industry
-Ability to collaborate and drive cross-functional consensus and strong communication and presentation skills necessary
-Proficient in Excel and financial reporting systems; Hyperion & SAP knowledge a plus
-Strong analytical skills required to perfume value added FP&A functions
-Excellent interpersonal and communication skills required
-Ability to work under pressure of tight deadline and to multitask
-Proactive individual looking to continuously take on additional responsibility and improve processes and procedures
-Ability to work independently and in groups
Thinks Strategically: Takes a broad view of the business, industry, and consumer environment to anticipate
and plan for the future. Identifies the focus and defines where to play, how to win and what capabilities and
management systems are required.
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 changing 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
Travel: Yes, 5 % of the Time
Job Number: 165244