Manager, Finance (Personal Care & Pro)

Job Description

Job Description

At Revlon, we create beauty innovations for everyone that inspire confidence and ignite joy every day.

Breaking beauty boundaries is in our company’s DNA. Since its game-changing launch of the first opaque nail enamel in 1932 (and later, the first long-wear foundation), Revlon has provided consumers with high-quality product innovation, performance, and sophisticated glamour.

Elizabeth Arden made waves as a woman-led beauty company in the 1920s. In 1931, Almay became the original hypoallergenic, fragrance-free beauty brand.

Today, Revlon resiliently continues its legacy as a leading global beauty company. Our diverse portfolio which consists of some of the world’s most iconic brands and product offerings in color cosmetics, skin care, hair color & care, personal care, and fragrances is sold around the world through prestige, professional, mass, and direct-to-consumer retail channels.

These brands include Revlon, Revlon Professional, Elizabeth Arden, Almay, American Crew, CND, Cutex, Mitchum, Sinful Colors, Creme of Nature, Britney Spears, Christina Aguilera, John Varvatos, Juicy Couture, Ed Hardy and more.

We honor our heritage, embrace change, and applaud diversity. We champion our employees and celebrate our consumers.

We are Revlon, together, transforming beauty.

Position Overview : Strategic business partner to the Almay leadership team. Manage the budgeting, forecasting and monitoring all aspects of the business including brand / customer sales, trade spend, cost of goods sold, distribution, brand support and departmental spend.

Develops strategic plan and evaluates and values innovation. Ensure that expenses are managed within financial guidelines and controls are followed.

Bring financial expertise to all business partners by offering strategic insight and recommendations for improvement to P&L statement and balance sheet.

Major Duties :

• Perform monthly P&L review with cross functional teams, provide profitability insights to drive profitable growth and mitigate risk.
• Analyze results by providing explanations on key P&L drivers for the period vs. forecast, budget and prior year including customer and product volume / mix, trade spend and advertising and promotions.
• Prepare and consolidate monthly forecast, annual budget, and strategic plans, working closely with Brand Management, Customer Planning & Strategy and Sales
• Analyze proposed advertising, promotional spend and other activation investments with pre- and post-activity ROI analytics to help inform current and future decisions.
• Support commercialization and go-to-market analysis and controls trade rate investment.
• Partner with cross-functional teams to monitor the brand / category marketplace including POS performance, market share, and category growth trends.

Recommend actions based upon insights from trends.

• Work in conjunction with Brand Management and Customer Planning & Strategy to establish MSRP and category pricing based on market conditions, brand strength, product benefits, cost inputs and the competitive landscape.
• Support the New Product Development process (Innovation and Renovation) working with cross functional stakeholders including Brand Management, Consumer Insights, Customer Strategy & Planning, Sales, and Operations Finance.
• Activities include developing forecasts, preparing financials, calculating project return metrics, analyze changes vs. previous updates.
• Optimize portfolio assortment based upon SKU level performance, innovation plans and market trends and recommend enhancements to the assortment.
• Provide thought leadership and analytical rigor to support profitable growth strategies at a product and / or brand level.
• Optimize gross margin based upon pricing, mix management, cost improvement and innovation.
• Liaise with Operations Finance to summarize impacts of standard costs and manufacturing variances for historical, current, and future key material costs.
• Support managing and optimizing working capital including inventory. This includes portfolio optimization, establishing product life-cycle expectations and monitoring excess & obsolete inventory and establishing sell-through recommendations.
• Foster positive and collaborative relationships within finance team, cross-functional and regional leadership.
• Identify gaps, and lead improvement projects, partnering with key stakeholders.
• Ensure ongoing governance, control, and compliance with both corporate and external procedures and audits.
• Participate in S&OP activities reviewing latest demand forecasts as compared to financial forecast
• Digging into the numbers to find new opportunities or patterns to explain the "what and why" behind performance.
• Perform strategic reviews of brands and other key contracts in the business

Miscellaneous :

• Supervise the preparation of quarterly and year-end audit schedules as necessary.
• Present monthly financial results to management.
• Approval of TOA’s, PO’s, pricing changes, and trade spend programs
• Manage direct reports, including on-going training and development
• Demonstrated self starter and leader

Knowledge & Skills Required :

• Finance experience of 3-7 years with 2-4 years experience in Consumer Products
• Experience working with sales, marketing and supply chain teams
• Accounting and / or Finance degree required, MBA preferred
• Knowledge of Sarbanes / Oxley
• Strong systems experience (expertise in Microsoft Excel, SAP, Hyperion).
• Excellent time management, organizational and communication skills required.
• Self-Starter

Minimum Education Required :

Bachelor’s degree in Accounting or Finance

Minimum Years Experience Required :

5+ years experience required

LI-TF1

The base pay range for this position in New York City is $120,000 - 135,000 / year; however base pay offered may vary depending on skills, experience, job-related knowledge, and location.

Certain positions may also be eligible for short and / or long-term incentives as part of total compensation.

Employees (and their families) are eligible for medical, dental, and vision benefits. Employees are covered by the company-paid basic life insurance policy.

Other benefits offered to employees include but are not limited to the following : long-term disability, supplemental life insurances, flexible spending accounts, critical illness insurance, group legal, identity theft protection, etc.

Employees are also able to enroll in our 401k Retirement Savings Plan.

Employees are also enrolled in our company-paid short-term disability insurance (the benefit commences upon hire and allows for a portion of base salary for up to 26 weeks if you are disabled).

Employees will also receive 3 weeks of vacation, pro-rated based on date of hire for the 1st year of employment and twelve paid holidays throughout the calendar year.