Director - Finance, eCommerce

$140,100 - $203,000/Yr

L'Oréal - New York, NY

Full-time - Senior

Remote - New York, NY

Health and Personal Care Retailers

About the position

The Director of Finance for eCommerce at L'Oreal is a pivotal role that provides strategic controlling leadership and partnership to the Sales team while collaborating with Brand, CDMO, and Corporate Finance. This position is designed to be the chief value creation officer for CPD Ecommerce, with a specific focus on platforms such as Amazon and TikTok Shop. The Director will be responsible for guiding financial strategies that enhance business performance and support decision-making processes across various teams. In this role, the Director will partner closely with Sales leadership and cross-functional teams to deliver financial guidance that drives business performance. This includes owning the financial budget by developing, implementing, and managing the annual budget, which involves rigorous analyses of sell-out and sell-in risks and opportunities. The Director will also be tasked with developing comprehensive multi-year financial models to evaluate the impact of business decisions and promotional activities, utilizing market-driven data to inform strategies. The position requires a deep understanding of P&L levers to optimize profitability through detailed P&L and ROI analysis. The Director will strategize and implement negotiation tactics while understanding the multi-year P&L impact of annual vendor negotiations. Additionally, the role involves oversight of total CPD ecommerce activities, ensuring accurate and timely financial reporting and adherence to compliance standards. The ideal candidate will have a strong background in finance or accounting, with supervisory experience, and will thrive in a dynamic, fast-paced work environment. This position not only demands strong analytical and problem-solving skills but also excellent interpersonal and communication abilities to interact effectively with all levels of management.

Responsibilities

• Partner closely with Sales leadership and cross-functional teams to provide financial guidance and support strategic decision-making.
• Provide financial leadership on Commercial and Business strategy.
• Own the financial budget through the development, implementation, and management of the annual budget, incorporating rigorous sell-out and sell-in risk & opportunity analyses.
• Develop multi-year financial models to assess the impact of business decisions and promotional activities using market-driven data.
• Strategize and implement negotiation tactics and understand multi-year P&L impact for annual vendor negotiations.
• Drive P&L optimization and profitability through P&L and ROI analysis.
• Partner with Retail Media Strategist to oversee media ensuring alignment with brand strategies and maximizing return on investment.
• Oversee total CPD ecommerce activities including top customer '.com' business.
• Ensure accurate and timely reporting for Total Ecommerce during monthly financial close, using results to drive positive change.
• Ensure adherence to financial compliance according to internal norms and financial reporting standards.

Requirements

• 7 - 10 years of experience in finance or accounting required including supervisory/management experience.
• Bachelor's degree in Finance or Accounting required.
• MBA/CPA preferred.
• Consumer products industry experience preferred.
• 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.
• 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.
• Ability to interact with all levels of management.

Nice-to-haves

• Experience in eCommerce financial management.
• Familiarity with digital marketing and media strategies.

Benefits

• 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'Oreal'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