The Estee Lauder Companies VP, Finance & Strategy, Aramis and Designer Fragrances (ADF) and Lab Series in New York, New York
VP, Finance & Strategy, Aramis and Designer Fragrances (ADF) and Lab Series
Brand: Estée Lauder Companies
The Global Brand Finance & Strategy leader plays a strategic leadership role to let the Brand maximize sustainable growth and contribute to deliver the Company shareholder value goal. This role leads the strategy development and long-range planning for a portfolio of 8 brands, working in conjunction with the Brand Leadership Team, Region leadership licensing partners and other corporate functions. This role also leads the Financial Planning and Analysis, which includes performance measurement, budget and estimate management, licensor reporting, resource allocation, trend analysis and financial analysis. The Brand President will rely on this role to anticipate trends, proactively drive value opportunities, manage risk and assess investment opportunities.
Global Brand Strategy - Lead the coordination and development of the Brand Strategy in partnership with the Brand’s Leadership team. Develop the Long-Range plan and leverage strategic financial analysis to optimize resource allocation. Track progress on key strategic initiatives throughout the year.
Global Financial Planning – Lead the Annual budget process, inclusive of target setting and budget coordination for the Global Brand, for all regions and brand support areas. Ensure resources are aligned to support and enable growth initiatives and effectively drive cost efficiencies to continue to deliver profit growth objectives. Manage the Global Brand Profit and Cash Flow estimate during the year, inclusive of profit protection and resource re-allocation. Implement action plans to either fuel sales or protect profits.
Global Financial Analysis - Assess global brand performance utilizing financial, market, consumer and other KPI’s. Understand key drivers of performance across the brand portfolio, channels, categories and markets and support identification of growth opportunities, inclusive of pricing. Evaluate performance of new product launches, OPEX and Capital investment effectiveness and recommend changes to support growth objectives. Ensure that incremental distribution in all channels is financially attractive and sustainable, considering capital ROI, P&L evolution and key retail KPIs. Lead ongoing cost efficiency initiatives including GVC, SKU and Door efficiency, and new product cost management. Manage special projects/analysis as requested.
Licensor Management – Partner with the regions to ensure all contractual licensor obligations are adhered to, including Advertising and Promotion, Royalties, Reporting and Audits. Work closely with Global Market Development to provide financial analyses for licensor meetings.
Monthly Forecast Management – Lead the Global Brand SIOP process from a financial perspective to minimize excess inventory and enhance working capital. Actively support the Demand Management process across Affiliates, Regions the global brand, to ensure we optimize and properly balance Customer Service, Inventory levels and quality and speed to market, thus maximizing Value Creation in the end-to-end Supplier-ELC-Customer value chain.
New Product Cost Management - Partner with Global Marketing to develop accurate cost objectives to deliver the New Product Cost Targets; provide early COGS impact analysis on new products prior to any purchase commitments at a regional and global level; establish new product Cost of Goods targets 12-15 months prior to the on counter date; analyze impact reporting results on COGS scorecard and provide training sessions for finance and marketing.
Organization Capability – Create a competitive advantage by building an engaging, diverse and inclusive culture that develops talent needed for future success. Lead the Finance team to be a high performing unit. Challenge business teams to deliver financially attractive returns. Build/upgrade talent and maintain a diverse organization. Be an inspirational leader.
Project Management – Personally lead breakthrough projects to “change the rules of the game”. This would include developing new business models, cost leverage, business scale and white space opportunities. Utilize syndicated data (where available) to analyze market trends and identify growth opportunities and / or gaps in our portfolio.
Stewardship and Financial Leadership – Provide financial leadership and management to deliver optimum results for the global brand. Be seen as a key enabling business partner and invaluable source of brand expertise. Regularly visits the markets to keep closely in touch with local business realities. Set appropriate tone for business and organization. Fully utilizes core business processes (SIOP, SMAP reporting, campaign P/(L), etc.) and business systems to drive operational effectiveness, strong controls and mastery of the forecast.
MBA in Finance preferred
Minimum 15 years of Financial Planning and Analysis experience, including management of staff, full P&L financial responsibility, development of strategies and budgets.
Exceptional financial forecasting, analytical and problem solving skills, strategic thinking, and business advisory skills.
Strong leadership and interpersonal skills, including ability to build relationships globally.
Excellent organization, presentation and writing skills.
Demonstrated success in the leadership of multiple projects that have driven enhanced value via identification of growth initiatives and cost efficiencies.
Organization development skills.
Demonstrated track record of driving and delivering results.
Ability to work in a dynamic and matrix environment.
International travel required 4-5 times per year.
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: 192394