Job Title Manager, Kiehl's DMI Finance
Division: Luxe
Location: 10 Hudson Yards, NY
Reports To: AVP Kiehl's DMI
What You Will Learn:We are seeking a strategic and driven Finance Manager to act as a financial partner for
Kiehl's Global DMI team. In this high-impact role, you will partner closely with DMI leadership teams to optimize development costs, coordinate SG&A, and lead Zone financial analysis to promote optimal decision making within the business.
Key Responsibilities: Co-Pilot Profitable Growth & Strategic Partnering (50%)- Strategic Partnerships: Serve as the go-to finance partner for Brand President, DGM and marketing teams to strategically align on investment and challenge status quo to unlock savings and increase ROI
- Zone P&L Analysis (AFM): lead comprehensive Zone P&L analysis to share key insights with management on zone performance and trends
- ROI & benchmarking: create effective benchmarking, cost-saving initiatives and relevant KPIs to evaluate spend effectiveness and influence business partners
- Paris Finance Collaboration: partner closely with corporate finance teams in Paris for any ad-hoc requests and analysis
Budget, Trend & Actual management (30%)- End-to-end budgeting: leads the preparation, coordinate and analysis of annual business plans, budget and trends (including inputs, allocations and Compass reporting) in alignment with the corporate calendar
- Actuals Analysis & Commentary: Provide rigorous variance analysis and deliver actionable commentary for Flash meetings & review with DMI management teams, including Worldwide Net Sales analysis
- Purchase Order & Cost Control: Review and approve development cost center POs, monitor compliance and conduct monthly budget reviews with cross-functional teams
- SG&A coordination: Coordinate and manage the follow-up of SG&A with BEST team
Financial Control, Closing & Compliance (20%)- Monthly close: Drive the monthly closing process, including preparation of journal entries, accruals, reclassifications and managing month-end close with the BEST team
- Internal Controls & KPIS: maintain the highest standard of internal controls and purchasing KPIs in line with Group Norms to mitigate financial risks
- Teamenablement: set a high standard of financial literacy among business partners by training teams, defining stronger ways of working and championing continue process improvements.
What We Are Looking For:Required qualifications:
- Bachelor's degree in Finance or Accounting or equivalent required
- 5-7 years of experience in finance
- Strong computer skills required, master in Excel - with it highlighted on the CV with strong examples of finance
- Must possess strong analytical and problem-solving skills; business acumen; leadership skills; oral and written communication skills; and excellent interpersonal skills
Preferred Qualifications: - MBA/CPA a plus
- Exceptional organizational skills and ability to thrive in a dynamic, fast-paced work environment
- SAP or TM1/Cognos a plus
- Compass experience would be great
- Magnitude experience would be a plus as well
- Excellent communication skills, with ability to present complex data clearly to senior executives and lead conversations with budget owners for trends/budgets
As an integral part of our culture at L'Oréal, 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'Oréal products as well as VIP Access to L'Oréal'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) - 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
Don't meet every single requirement? At L'Oréal, 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!
