Finance Business Manager( Finance BP)

Job Description

Do You Want To Be Part of Something Exciting?

At The Estée Lauder Companies you can play a role in our global success!

We are one of the world’s leading manufacturers and marketers of quality skin care, makeup, fragrance and hair care products. Our products are sold in approximately 150 countries and territories under brand names including: Estée Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, Tommy Hilfiger, M·A·C, Kiton, La Mer, Bobbi Brown, Donna Karan New York, DKNY, Aveda, Jo Malone London, Bumble and bumble, Michael Kors, Darphin, Tom Ford, Smashbox, Ermenegildo Zegna, AERIN, Tory Burch, RODIN olio lusso, Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW, By Kilian, BECCA and Too Faced.

Key responsibilities but are not limited to:

POSITION SUMMARY

• Responsible for all elements of a branded P&L, supporting the, Brand Managers, Senior Business Manager and Finance Director
• Prepare brand financial and accounting records, reports and other information allowing senior management to make informed business decisions and thereby improve the affiliate’s profitability.
• Work closely with the brand teams and fulfil a business partnering role with the aim of creating and adding value, ensuring financial viability and ROI of initiatives.
• Ensure compliance of all financial processes and policies

KEY ROLES & RESPONSIBILITIES

Strategy Planning and Estimate Process

• Contribute to elements of the strategic direction of the brand(s): evaluate financial impact of strategic choices and suggests alternatives
• Own the planning and estimate process; work with the brand(s), to accurately estimate monthly submissions
• Consolidate business(s) P&L to ensure targets are being met and re-forecast as appropriate
• Responsible for preparation of monthly estimate and annual budget reporting
• Input budgets and estimates into the relevant models
• Assist in the production and management of CAPEX plan/estimate/actuals
• Partner with key stakeholders in the business to ensure an accurate quarterly estimate and adherence to capital plans
• Manage the capital authorization process

Business Partnering

• Responsible for providing commercial support to brand and sales management team (s)
• Key contract for analytical requests from the business
• Ability to problem-solve and find solutions
• Ability to stand firm in financial advice and policies
• Ability to identify critical concerns and prioritize,
• Communicate with Regional FP&A team to guarantee common understanding and requirements

Finance & Accounting

• Strong understanding of accounting processes and principles
• Responsible for upholding accounting principles, ensuring proper processes are adhered to within the brand teams and educating non-finance personnel on financial processes and policies
• Involvement in finance and business operations project workstreams, as required
• Manage systems controls over sales and expenses in conjunction with the Senior Business Manager and the Finance Director
• Prepare monthly brand (s) financial entries
• Engage with outsource partner (Genpact) on any transactional posting requirements

Commercial & Financial Reporting

• Responsible for development and delivery of financial and commercial reporting to brand(s) and senior management
• Proactively challenge status quo, and use commercial analysis to drive business change
• Leverage company financial system to facilitate insightful and efficient reporting (Including but not limited to: SAP, CPM, BI, Door P&L, Smartview)
• Provide monthly commentary on the brand(s) business results and the financial estimate
• Analytical Excellence: Development and production of structured and ad hoc analysis with a focus on creating value in the business
• Provide key commercial insight, and support the business division to achieve its goals
• Prepare and issue monthly reporting commentary, actual results and various other reports, reflecting monthly results
• Monthly financial analysis: Review and interpret monthly financial information
• Add value in analysis, and conduct any specific financial analysis upon request, or when self-identified
• Monitor financial performance, and prepares analysis of trends and financial consequences
• Prepare monthly management reporting, including SIOP, relevant KPI’s and insights on performance drivers
• Track financial impact of any major brand(s) project

What We Offer:

Our Business of Beauty: Prestige beauty is a dynamic growth industry, and we are at the forefront, leading the way with our diverse portfolio of 25+ exceptional brands.

Our Culture & Values: We are a family company with deep-rooted values and a rich history. We embrace the challenges of leading in the ever-changing beauty landscape as an opportunity to drive our creativity and drive sustainable growth.

Our People: We believe that diverse backgrounds result in greater innovation across our organization. The value we place on cultivating future leaders is at the heart of our talent philosophy. We encourage continuous learning and we harness the strengths of our employees. The global nature of our work across multiple regions and brands, functions and channels provides fertile ground for mobility and career growth.

Our Commitments: We are commited to fostering a culture of respect and being positive influence in everything we do and in every community we serve. Corporate citizenship and sustainability are central to our beliefs — from employee volunteerism and our cause-related campaigns to the creation of high-performing and safe products, all while caring for people and the environment.

We are looking forward to your application!

SKILLS & EXPERIENCE

• Bachelor’s degree in Finance (CIMA a plus)
• Finance and Business Partnering experience (3-5 years)
• Good knowledge of MS Office Applications, SAP, BI, BPC, SmartView
• Analysis and interpretation of financial data
• Assertive and Courageous
• Verbal and Written Communication
• Time and Self-Management
• Analysis & Attention to detail
• Scenario Building