Director, Commercial Finance

Job Description

About the Role

Title: Director, Commercial Finance (LDB)

Location: New York United States

In the L’Oreal Dermatological Beauty Division, we make a difference to the lives of millions of consumers by improving the health and beauty of their skin, through every stage of life. Our brands (CeraVe, SkinCeuticals, La Roche Posay, Vichy and Skin Better Science) lead the way in skin care innovation, offering safe and effective products and services that deliver their promises. We invest heavily in research and development, and co-create our products with health professionals, scientists and the 90,000 dermatologists we serve around the world. We also design connected beauty experiences, harnessing intelligent technologies to empower people to take control of their skin health.

Our mission is to make a positive impact on people’s lives. We are driven by human values of trust, respect and authenticity. Our teams work in a dynamic, supportive environment and work on meaningful projects that are changing the future of medical beauty. If you want to lead in innovation, technology and research, and you care about collaborating with passionate colleagues, serving communities and acting for the planet, please join us!

What You Will Do:

What You’ll Do:

You will serve as the Commercial Finance Business partner for two LDB brands, overseeing more than $500M in revenue and serve as a key member of both the Sales and Finance organization. The Director sets the brand’s customer frame and is responsible for both gross to net sales management of all categories of business involving budgets, trends, and actuals reporting (PLP) as well transversal responsibility of customer specific account controlling for LDB’s top customers (PLC).

Position Accountabilities:

Maintain full year trade spending expense by category and customer, above and below the line – trade deals, BOGOs and displays.

Work closely with head of field sales to monitor trade spend and identify areas of risk or opportunity.

Document opportunities and risks to trade spending plans.

Perform financial analysis on promotional funding request from field sales (ROI, Net Sales Lift, Cost per incremental unit, etc.).

Present to General Managers and Division President latest sales estimates and summarize variances to official targets.

Play financial role in annual budgeting process, particularly in areas of trade spending. Specific emphases on trade spend strategy and allocation of funds.

Develop tool for Field Sales to evaluate various trade promotion options (“ROI model”).

Analyze post-promotion KPIs. Compare to forecast and share learnings with Field Sales and Marketing and utilize Trade Promotions KPIs to forecast future performance and evaluate various promotional options.

Analyze Customer P&Ls working closely with account manager and brand finance on investment BTL and total customer profitability

Provide financial insight Inventory in Trade and perform SISO analysis

Review opportunities for net price valorization such as price increases, channel mix analysis and format expansion in partnership with RGM and the brands

Liaise with cross functional teams (sales, demand planning, accounting, divisional finance).

Lead ad-hoc financial strategic projects

Education/Experience Required:

7-10 years of experience in finance preferred. Bachelor’s degree in Finance or Accounting required. MBA/CPA preferred.

Consumer products industry experience preferred.

CoreSkills Required:

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.

What’s In It For You:

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