What are the responsibilities and job description for the Director, Commercial Finance LUXE position at L'Oréal?
Director – Finance, Commercial
Reports to: VP – Commercial Finance
Position Summary
The Director, Finance, Commercial is responsible for providing strategic controlling leadership and partnership to Sales while liaising with Brand, CDMO, and Corporate Finance to be the chief value creation officer for Luxe Ecommerce. The Director is the right hand to the Head of Sales for both D2C and Amazon. This position is responsible for both P&L (gross to net sales) and balance sheet management of all categories of business including budgets, trends, three-year plans and actuals reporting. In doing so, the Director will be required to work across various financial systems (Compass, SAP, LEAP).
Responsibilities
We are an Equal Opportunity Employer and take pride in a diverse environment. We would love to find out more about you as a candidate and do not discriminate in recruitment, hiring, training, promotion, or other employment practices for reasons of race, color, religion, gender, sexual orientation, national origin, age, marital or veteran status, medical condition or disability, or any other legally protected status.
If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to access job openings or apply for a job on this site as a result of your disability. You can request reasonable accommodations by contacting USApplicationAccommodation@support.lorealusa.com. If you need assistance to accommodate a disability, you may request an accommodation at any time.
Reports to: VP – Commercial Finance
Position Summary
The Director, Finance, Commercial is responsible for providing strategic controlling leadership and partnership to Sales while liaising with Brand, CDMO, and Corporate Finance to be the chief value creation officer for Luxe Ecommerce. The Director is the right hand to the Head of Sales for both D2C and Amazon. This position is responsible for both P&L (gross to net sales) and balance sheet management of all categories of business including budgets, trends, three-year plans and actuals reporting. In doing so, the Director will be required to work across various financial systems (Compass, SAP, LEAP).
Responsibilities
- Partner closely with Sales leadership and cross-functional teams to provide financial guidance, support strategic decision-making, and drive business performance
- Provide financial leadership on Commercial and Business strategy
- Own the financial budget through the development, implementation, and management of the annual budget, incorporating rigorous sell-out and sell-in risk & opportunity analyses
- Develop vigorous multi-year financial models to assess the impact of business decisions, media and promotional activities using market driven data
- Strategize and implement negotiation tactics and understand multiyear P&L impact for our annual vendor negotiations
- Deep understanding of P&L levers to drive P&L optimization and profitability through P&L and ROI analysis
- Partner with Retail Media Strategist to oversee media ensuring alignment with brand strategies and maximizing return on investment
- Oversee monthly financial close to ensure accurate and timely reporting for Total Ecommerce, using results to drive positive change
- Ensure adherence to financial compliance according to internal norms and financial reporting standards
- Manage a direct report
- 7 – 10 years of experience in finance or accounting required including supervisory/ management experience.
- Bachelor’s degree in Finance or Accounting required.
- MBA/CPA preferred.
- Consumer products industry experience preferred.
- Strong computer skills required; must have expert-level experience with Excel and Word.
- Financial reporting experience and use of SAP, Hyperion, Lawson GL or similar systems highly desirable.
- Must possess strong analytical and problem solving skills, business acumen, leadership skills, oral and written communication skills, and excellent interpersonal skills.
- Ability to thrive in a dynamic, fast-paced work environment.
- Must have the ability to interact with all levels of management.
- Salary Range: $140,100 – $203,000 (The actual compensation will depend on a variety of job-related factors which may include geographic location, work experience, education, and skill level)
- Competitive Benefit Package (Medical, Dental, Vision, 401K, Pension Plan)
- Hybrid Work Policy (3 Days in Office, 2 Days Work from Home)
- Flexible Time Off (Paid Company Holidays, Paid Vacation, Vacation Buy Program, Volunteer Time, Summer Fridays & More!)
- Access to Company Perks (VIP Access to L’Oréal’s Internal Shop for Discounted Products, Monthly Mobile Allowance)
- Learning & Development Opportunities (Unlimited Access to E-learnings, Lunch & Learn Sessions, Mentorship Programs, & More!)
- Employee Resource Groups (Think Tanks and Innovation Squads)
- Access to Mental Health & Wellness Programs
We are an Equal Opportunity Employer and take pride in a diverse environment. We would love to find out more about you as a candidate and do not discriminate in recruitment, hiring, training, promotion, or other employment practices for reasons of race, color, religion, gender, sexual orientation, national origin, age, marital or veteran status, medical condition or disability, or any other legally protected status.
If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to access job openings or apply for a job on this site as a result of your disability. You can request reasonable accommodations by contacting USApplicationAccommodation@support.lorealusa.com. If you need assistance to accommodate a disability, you may request an accommodation at any time.
Salary : $140,100 - $203,000