Mgr - Commercial Finance CPD

Title: Manager, Commercial Finance

Location: Hudson Yards, NY

Division: Consumer Products

Reports to: AVP Finance

Help us fuel the Most Beautiful Brands in the World. Join our Commercial Finance Team, supporting Food, Broker, Dollar, and TikTok Shop.

If you are strategic, collaborative, like being in the business, and enjoy a fast-paced environment, a career in L'Oreal Finance is for you! Our careers offer opportunity for movement across functions, divisions, as well as potential for both domestic and international relocation.

This role acts as the intersection between the field teams and HQ finance for the Food, Broker, Dollar, and TikTok Shop accounts, providing a unique perspective across L'Oreal's entire portfolio of Consumer Products brands! Our commercial finance team partners with the Customer Team Leads, the sales team, supply chain, category development and customer marketing to provide best in class service for our retailer accounts.

Position Accountabilities

Trade Spending Management:

• Collaborate across Cosmetics, Hair, and Skin categories to drive top-line sales and ROI.
• Support sales and marketing investment decisions through trade fuel management and insights.
• Drive both the store and fast-growing e-commerce businesses by providing recommendations on growth targets and opportunities to improve the P&L.
• Lead customer Risk and Opportunity assessment.
• Perform financial analysis on promotional funding request from field sales (ROI, Net Sales Lift, incremental cost, etc.)
• Follow-up on large unresolved customer deductions to provide proper P&L management
• Present to Sales and Finance leadership through regular reviews of trade spend, risks and opportunities, and hot topics.
• Play a key role in the trend construction & annual budgeting process, particularly in areas of Gross to Net spending.

Promotions Management & Controls:

• Lead the account audit and internal controls process, validate promotional events are set-up properly, provide financial approval, and support internal and external audits.
• Propel P&L improvement by analyzing trade promotion results by category and account.
• Ensure trade promotion liability & other GTN liability is accurately reflected on the books.

Systems:

• Manage and understand trade promotion/ account P&L database and reporting tool (COMPASS).
• Manage and understand Trade Fuel Management database (APEX).
• Ensure all liabilities are properly accrued at year end.

Analysis:

• Compile and analyze Customer P&Ls.
• Provide financial insight to Field Sales regarding Account P&Ls.
• Perform ad-hoc financial analyses.
• Review Finance related procedures and processes and amend as needed.

Education/Experience

• 5-7 years of experience in finance preferred. Bachelor's degree in Finance or Accounting required. MBA/CPA preferred.

Skills:

• Strong computer skills required; must have expert-level experience with Excel.
• Financial reporting experience and use of SAP or similar systems for forecasting 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.
• Consumer products industry experience preferred.

As an integral part of our culture at L'Oreal, wellness is at our core. We not only offer a generous Benefits Package(Medical, Dental, Vision, 401K), we also offer flexible time off, work from home days, and a pension plan! Additionally, you will have access to company perks such as Makeup, Skincare, and Fragrance! Employees receive a stipend for L'Oreal products as well as VIP Access to L'Oreal's Internal Shop for Discounted Products, and other perks such as Monthly Mobile Allowance, discounted gym memberships, and ERGs.

Additional Benefits Information As Follows:

Salary Range: $98,400 - $140,200 (The actual compensation will depend on a variety of job-related factors which may include geographic location, work experience, education, and skill level)

Don't meet every single requirement? At L'Oreal, we are dedicated to building a diverse, inclusive, and innovative workplace. If you're excited about this role but your past experience doesn't align perfectly with the qualifications listed in the job description, we encourage you to apply anyways! You may just be the right candidate for this or other roles!

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.

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