Job Description
Job Description
At Revlon, we create beauty innovations for everyone that inspire confidence and ignite joy every day.
Breaking beauty boundaries is in our company’s DNA. Since its game-changing launch of the first opaque nail enamel in 1932 (and later, the first long-wear foundation), Revlon has provided consumers with high-quality product innovation, performance, and sophisticated glamour. Elizabeth Arden made waves as a woman-led beauty company in the 1920s. In 1931, Almay became the original hypoallergenic, fragrance-free beauty brand.
Today, Revlon resiliently continues its legacy as a leading global beauty company. Our diverse portfolio—which consists of some of the world’s most iconic brands and product offerings in color cosmetics, skincare, hair color & care, personal care, and fragrances—is sold around the world through prestige, professional, mass, and direct-to-consumer retail channels. These brands include Revlon, Revlon Professional, Elizabeth Arden, Almay, American Crew, CND, Cutex, Mitchum, Sinful Colors, Creme of Nature, Britney Spears, Christina Aguilera, John Varvatos, Juicy Couture, Ed Hardy and more.
We honor our heritage, embrace change, and applaud diversity. We champion our employees and celebrate our consumers.
We are Revlon, together, transforming beauty.
Basic Function:
- Assist senior level executives (CEO, CFO, Executive Leadership Team) to make business decisions by providing them with analysis of the Company’s financial results and understanding the key drivers of the business.
- Develop quarterly and budget BOD presentations by collaborating with senior level executives allowing them to successfully communicate the Company’s business results and business plan to the Board of Directors.
- Support senior level executives in responding to information requests from the Company’s shareholders by directing and overseeing analyses and preparation of presentation materials.
- Manage the development and maintenance of the Company’s Strategic Plan in support of the Company’s business strategy and financing activities.
- Play key role in the Company’s strategic planning process by collaborating with each regional GM and Controller to develop and maintain a detailed long-term financial model, which facilitates strategic discussions amongst Company leaders to enable long-term strategic decision-making and alignment. Support the Company’s strategic growth opportunities in the U.S. and abroad and evaluate specific business opportunities as they arise.
- Oversee the preparation of monthly reporting packages that are distributed to key leaders in the Company and summarize the Company’s financial performance versus forecast and budget. These packages identify and explain financial and business trends that enable management to drive change.
- Support senior management in annual budgeting process by presenting and analyzing business unit submissions. Oversee the implementation and inclusion of assigned tasks and opportunities by the business units.
- Play a key role in the preparation of Investor, Ratings Agency and Lender presentations and materials.
- Liaison and partner with business unit finance leadership to understand, research, and report on division/segment financial results, business trends and plan variances.
- Recommend, oversee and implement changes to enhance management reporting and analysis and process improvement including driving common practices between regions as well as standardizing financial reporting and analysis.
- Work closely with leadership to drive business partners to identify cost reduction and savings opportunities.
- Continuously work to improve operations and re-engineer reporting processes to enable more timely and productive decision-making process.
- Develop and oversee implementation of enhancements to current reporting procedures to promote increased accuracy, productivity and controls.
- Perform analyses that assist the CEO and CFO in communicating with the Company’s investors, media and external parties.
- Prepare special ad hoc assignments and transformation projects as requested by the CEO, CFO, ELT and Finance leadership.
Major Duties:
- Execute preparation of monthly, quarterly and other reporting materials: Execute preparation of analyses and materials for monthly Actual and Forecast distribution materials. Coordinate and manage collection of data and analyses from other divisions. Prepare and coordinate Budget materials, as required.
- Analysis of income statement, balance sheet and cash flow metrics: Manage the research and explanation of major drivers of variances in results. Communicate with all levels of management to gather, analyze and summarize findings.
- Implement changes to enhance management reporting and analysis and drive process improvement: In coordination with other Corporate, US and International Finance stakeholders, drive common reporting practices between regions and continuously seek to standardize financial reporting and analysis.
- Analysis of quarterly results: Oversee analysis of quarterly results to facilitate Senior Management discussions related to earnings releases and preparation of MD&A for 10Q/10K documents.
- Financial modeling: High proficiency in Excel modeling and scenario/sensitivity analysis. Create efficient and flexible financial templates which can be easily used across the organization.
- Oversee timely and accurate reporting: Oversee preparation of timely and accurate analyses, reports and reconciliations. Develop and implement ideas to increase accuracy and efficiency.
- Ability to prioritize: Must have ability to multi-task and prioritize and have a sense of urgency for those critical tasks that will be most impactful.
- Manage work effectively: Able to work effectively on multiple work-streams simultaneously with minimal oversight. Strong time management skills required.
- Technical competence: Stay appraised of accounting, planning, control, financial analysis, and reporting developments.
- Liaison with Corporate Controller’s Organization, Global Finance Community, and External Auditors: Work closely with all members to plan for and execute efficient and effective monthly, quarterly, and year-end close processes.
- Special Projects / Ad-hoc Support / Analysis: Execute high-quality and timely analysis / support as required. Provide support as required to senior executives, business units, and other functional areas.
Knowledge and Skills Required:
- Bachelor’s degree in Business Administration, Finance, Economics or Accounting; MBA is a plus
- 5+ years of related work experience, with experience in Corporate FP&A preferred
- Strong financial planning/analysis, financial systems, modeling, analytical reasoning, accounting and reporting skills to independently build models and formulate conclusions
- Organized, accountable, self-motivated, strong work ethic
- Must demonstrate a meticulous attention to detail
- Financial Reporting Systems experience, preferably Hyperion Financial Management (HFM), Smartview and Essbase Planning)
- Experience with manufacturing companies/FMCG preferred
- Comfortable in fast-paced environment and able to manage multiple deliverables and deadlines
- Strong written and verbal communication skills. Ability to communicate and interact with all levels of management; must be flexible and able to adjust communication style based upon different audiences
- Able to see the big picture / think broadly while also diving down into operational and execution details.
- Experience with presentation preparation for Board of Directors, Leadership Team, etc. a plus.
Minimum Education Required: Undergraduate Degree in Finance / Accounting. Masters/ MBA preferred
Minimum Years Experience Required: 5+ years
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The base pay range for this position is $100,000 and $130,000/year; however base pay offered may vary depending on skills, experience, job-related knowledge, and geographic location. Certain positions may also be eligible for short-term incentives as part of total compensation.
This role is eligible for an annual bonus based on company performance.
Employees (and their families) are eligible for medical, dental, and vision benefits. Employees are covered by the company-paid basic life insurance policy and company-paid short-term disability insurance (the benefit commences upon hire and allows for a portion of base salary for up to 26 weeks if you are disabled). Other benefits offered to employees include but are not limited to the following: long-term disability, supplemental life insurances, flexible spending accounts, critical illness insurance, group legal, identity theft protection, etc. Employees are also able to enroll in our 401k Retirement Savings Plan.
Employees will also receive 3 weeks of vacation, pro-rated based on date of hire for the 1st year of employment and twelve paid holidays throughout the calendar year. Vacation will depend on role.