The Estee Lauder Companies Analyst, Financial Planning & Analysis, OneSource (Panama City, Panama) in Panama
Analyst, Financial Planning & Analysis, OneSource (Panama City, Panama)
Brand: Estée Lauder Companies
From a position of strength, The Estée Lauder Companies (ELC), the leader in prestige beauty products, embarked on the Leading Beauty Forward program, chartered to fuel product innovation and enhance market agility. A key element of this strategy was the design of a new way to support its suite of 30 brands globally. The company chose Panama as being best suited to establish its new Global Business Services (GBS) operation center. This new center will initially deliver Finance, Human Resources and Legal services to ELC employees across several geographies and time zones. Through a new innovative service minded approach, this center will redefine service standards globally at ELC. This new GBS team will provide a one-stop-shop solution for the ELC businesses, supported by new customer engagement insights, new systems, and new reporting. In addition to delivering exceptional service to the ELC businesses each day, the GBS team will also be responsible for continuously streamlining work in pursuit of growing its service offering in support of achieving ELC’s strategic and business objectives. New site, new team, new opportunity.
This role will provide support with the finance information to the broad Finance organization located in New York, concerning the creation of complete forecast and supporting the creation of materials for the Top Executive Team. This resource will work very closely to its global business customers to have a notion of their finance needs and context and to be able to support its communication it to Senior Management. This resource will provide support in the preparation of the Annual financial plan and LRP, estimates and other financial reports for the Board of Directors, Top Management and Investor Relations.
During the project implementation, the start-up team will train these resources on the knowhow acquired during the knowledge transfer of the OneSource FP&A team. These resources will be the cornerstone for the following execution and implementation of activities/processes/reports within the OneSource Finance Organization.
Startup Team / Pilot Team
Work closely with FP&A organization
Get trained on the “know how” of the activities, analyses and reports that will be transitioned to the OneSource team
Collaborate with the transfer of knowledge to the rest of the team in the Regional Shared Services
Collaborate with regional, brand and corporate finance teams to ensure high quality deliverables and proper information flow and hand-offs
Day-to-Day Service Delivery
Forecast Management & Consolidation – 80%
Provide support in the preparation of accurate and comprehensive forecasts on time. Support the review the actuals and estimates templates and work with their internal stakeholders to understand them. Support the consolidation of the actuals and estimates’ information and the allocations calculation for function budget analysis. Support the monthly, quarterly and annual commentary preparation and presentation and the materials to be reviewed in their corresponding meetings. Support the estimate submissions and the allocations calculation for functional analysis, as well as the long-range plans to support the strategic planning.
This group will have horizontal responsibilities within the F&A and FP&A organizations supporting the extended group in specific activities or processes. An open and constant collaboration should exist between this group and the rest of the FP&A and F&A group.
Reporting and Insight Driven Analysis – 20%
Communicated the background and financial data worked to guide the decision-making of a brand or global function by supporting the preparation of standard reports, standard variance analysis, reports consolidation and data reconciliations.
Expected to prioritize, update and work in the automation of standard reports, as well as support master data enrichment activities, analytics and reporting.
Analysis generated by this team should generate efficiencies y-o-y as well as opportunities for synergies and efficiencies in the longer term by being able to compare within the same group forecasts and match vs company priorities.
Provides responsive and flexible response
Eager to learn new concepts and approaches.
Comes up with new creative ideas to solve to difficult problems.
Data and results driven
Continuous improvement and service oriented mindset.
Main business customer: Managers, Directors
Strong focus on collaborating effectively with internal customers aiming to understand their needs and get to know the audience and their area of focus
Written and verbal communication low/medium skills
Have a notion of data processing and low/medium analysis skills
Have a notion of Finance
Basic notion of Excel and financial systems and applications (SAP, ERP, etc.).
Minimum Education level: Bachelors in Accounting/Finance/Administration preferred
Minimum Years of Experience: 0 – 2 years
% Travel Time: 5%
Required Language Proficiency: Proficient English
Job: Finance & Accounting
Primary Location: Latin America-Panama
Job Type: Standard
Shift: 1st (Day) Shift
Travel: Yes, 5 % of the Time
Job Number: 1820309