The Estee Lauder Companies Director, FP&A, Global Retail Channel Fixed Assets in New York

Director, FP&A, Global Retail Channel Fixed Assets

Brand: Estée Lauder Companies

Description

The Global Retail Team is a center of excellence for the Company’s Retail Channel, where we consolidate financial planning and operational reporting to measure the performance of the Retail Channel globally. The team is responsible for the development and reporting of the primary financial metrics for the Global Retail Channel (GRC) while partnering with the brands and regions to operationalize the reporting. Furthermore, the team plays a critical role in driving the development of strategic priorities and operating plans for the Retail Channel, which includes the reporting framework to measure the profitability and effectiveness of the channel.

The responsibilities of the role will include: providing reporting which accurately reflects the status of Global Retail Fixed Assets by collecting, interpreting, and reporting financial data for the Retail Channel on a global level. The Director will be responsible for analyzing current and past trends in all areas including rollouts, full retail price, and company stores. The incumbent will also be responsible for analyzing variances and advising on potential corrective actions, monitoring key performance indicators, highlighting trends and analyzing causes of unexpected variance. The Director will review actual project spends against budgets and benchmarks and develop financial models and analyses to support strategic initiatives and ad hoc projects. The role reports to the Vice President, Finance & Strategy, Global Retail Channel and will collaborate with the finance leads of the brands and regions 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 Retail Channel reports and in preparing the departmental quarterly fixed assets results, estimates, annual budget and LRP (long range plan).

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 and quarter results to ensure accuracy of information with supporting analysis, timely delivery, fully integrated with Brands and Regions

Support GRC team quarterly analysis (notably forecast, budget differences) (30%):

  • Review budgets, forecasts, and review proformas by establishing schedules; collect, analyze, and consolidate financial data; recommend 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 more junior team members

 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 and P&L savings opportunities across brands and geographies by leading the Brand Format consolidation (20%)

The role will be located in New York City, with some travel to Melville, NY (Long Island)

Qualifications

  • Minimum Years of Experience: 8

  • Prior experience in a branded retail organization

  • Strong leadership skills required. Experience in multi-unit retail concepts preferred

  • Detail oriented, able to validate and integrate financial information from multiple sources for analysis and reporting

  • Understand how to organize and collaborate on economic analysis for the team and senior management

  • Excellent communication and interaction skills within team and cross-functionally

  • 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

  • Strong working knowledge of SAP, Essbase, CPM, Business Intelligence, Excel, pivot tables

Job: Finance & Accounting

Primary Location: Americas-US-New York

Job Type: Standard

Schedule: Full-time

Shift: 1st (Day) Shift

We are an equal opportunity employer. Minorities, women, veterans, and individuals with disabilities are encouraged to apply.

Job Number: 1818966