Job Title:Manager, Commercial Planning - Luxe
Division:Luxury Products Division
Location:NY, 10 Hudson Yards
Reports To:Director, Commercial Planning
What You Will Do:
The Manager of Business planning, with the assistance of the Director, serves as a primary conduit for the Luxe Budget/Trend planning & forecasting process for Retails & Gross to Net Sales for the Brands. The Budget/Trend Retail and Net Sales set by the incumbent in alignment with the General Manager and Head of Sales for each Brand is used to calculate profit and Advertising & Promotional spend for the Brand.
Job Duties and Accountabilities
- Partner closely with Marketing to understand the A&P (Advertising & Promotional) spend to understand business drivers and how each Brand is planning to grow for Budget/Trend (new distribution, new products, growth on core products, sets, promotional activity)
- Work with Marketing & Supply Chain teams to have an understanding of Launch Activity and the size of the launch within each Brand, ensuring that the Key Account Director planned the Retails & Nets Sales for the Budget/Trend
- Partner with Finance and the Key Account Directors to understand our minorationsspend which could impact our Gross to Net (promotional allowances, Markdowns, returns, and DIF) for the Budget/Trend process
- Work closely with the Key Account Directors and the Head of Sales (HOS) to understand the promotional activity by account for the Budgeting/Trending process
- Consolidate/aggregate all of the monthly projections from each of the Key Account Directors by account to build a bottoms up forecast which will then become the Budget/Trend for the entire Brand for Retail Sales and Net Sales
Key Challenges, Issues and Complexity
- The core competencies required for this role are courage (required to call out risk and opportunities to the GM of which the GM may or may not agree), conviction (belief in the data to be able to identify risk and opportunities), curiosity (required to understand the why to explain the variances, if any, to the last budget/trend that was locked in as a commitment.
- Extremely strong oral and written communication skills (ability to communicate complex information to many internal audiences with differing levels of knowledge all the way up to and including the GM/President of the Brand) on a weekly basis.
What We Are Looking For:
- Bachelor's Degree in Business or related field required
- 3+ years of experience in a sales support role in Consumer Products or related field
- Strong analytical skills
- Experience working in a data warehouse environment
- Understanding of the P&L
- Strong computer skills, with emphasis in Microsoft Excel, PowerPoint and Word
- Strong ability to communicate (orally and in writing) complex information to many internal audiences with differing levels of knowledge all the way up to and including the General Manager/President
- Analytical ability to influence decision making with facts and reasoning skills
- Ability to analyze data at granular levels
- Excellent communication / presentation skills
- Ability to manage multiple business priorities concurrently
- Ability to effectively work cross functionally
- Prior experience working within an SAP environment a plus
- Prior experience working with planning/forecasting a plus
- Authorization to work in the United States on a full-time, permanent, ongoing basis is required. No immigration support/sponsorship is offered for this role.
- Being present in the office three days a week is considered an essential function of all office-based roles for eligible full-time employees.
What9s In It For You:
- 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)
- 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'Ore9al'sInternal 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
Don9t meet every single requirement? At L'Ore9al, we are dedicated to building a diverse, inclusive, and innovative workplace. If you9re excited about this role but your past experiencedoesn9t 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!
