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L'Oreal USA Director, Finance - Digital in New York, New York

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Director, Finance - Digital

New York, NY

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Permanent

New York, NY

Finance

Full - Time

11-Apr-2024

Division: L'Oreal Dermatological Beauty (LDB)

Position: Director, Finance - Digital

Reports to: Headquarters (HQ) Finance VP

Job Summary

The Director, Finance - Digital will be responsible for all things Digital including understanding of division strategies and priorities, in-depth spend analysis and consistent finance presence supporting the SVP Digital, Brand General Managers and Brand Controllers with digital initiatives, budgeting, reporting, and evaluating the effectiveness of spend. The Director will also be responsible for supporting the HQ VP by owning key Divisional tasks. Workload will be approximately 65% Digital and 35% HQ.

Job Responsibilities

  • Partner with Brand Controllers, Brand General Managers, and digital teams on initiatives across Digital Media, content, Ecommerce and e-Boutiques; build a consolidated division level view of digital spend for use in strategic discussions and decision making

  • Develop strong relationships with key stakeholders [brand marketing, brand finance, media, digital marketing & consumer relation marketing, ecommerce and content production] to be recognized as a valued partner and influencer of business drivers for profitable growth.

  • Partner with cross-functional teams to develop investment recommendations through test and learn scenarios, ROI analyses, benchmarking, and other specific spend deep dives

  • Manage total Digital spend monthly and during Budget/Trend and prepare digital commentary vs PY, Budget, Trend by brand and consolidated LDB

  • Online+Offline P&Ls analysis on spend between channels and specific e-retail related investments

  • Coordinate with commercial sales team on all promotional ecommerce spend programs to ensure profitability

  • Liaise with the Digital Marketing Organization (CDMO) on reporting requirements and ad-hoc request

  • Serve as the Finance knowledge expert for Digital; developing expert understanding of digital classifications/definitions, reporting requirements, L’Oréal USA best practices, etc. and ensuring that the division is aligned and compliant with such requirements

  • Lead the Division’s 3 Year Strategic Plan process

  • Manage Divisional Reporting: work with shared service / finance / cross divisional team to ensure best selection of reports is being run for the business, review and analyze reports and advise HQ VP of findings

  • Project Manage the Trend/Budget and monthly close processes by ensuring the team is meeting deadlines, understand shared service progress, advise on issues/delays and present a postmortem including suggestions for process changes and/or improvements

  • HQ ad hoc projects as requested

    Skills

  • Must have expert-level experience with Excel & Financial systems

  • Effective as a self-starter; willing to work outside the confines of defined job responsibilities to make greater impact

  • Must be a proactive team player with the ability to thrive in a dynamic, fast-paced, deadline driven work environment

  • Must possess strong analytical and problem-solving skills; business acumen; oral and written communication skills; and excellent interpersonal skills

    What’s In It For You:

  • Salary Range: $140,000 - $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 for Career Progression (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!

    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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