Finance Director, Direct Procurement

About Estée Lauder Companies The Estée Lauder Companies Inc. is one of the world’s leading manufacturers, marketers, and sellers of quality skin care, makeup, fragrance, and hair care products, and is a steward of outstanding luxury and prestige brands globally. The company’s products are sold in approximately 150 countries and territories under brand names including: Estée Lauder, Aramis, Clinique, Lab Series, Origins, M·A·C, La Mer, Bobbi Brown Cosmetics, Aveda, Jo Malone London, Bumble and bumble, Darphin Paris, TOM FORD, Smashbox, AERIN Beauty, Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW, KILIAN PARIS, Too Faced, Dr.Jart+, the DECIEM family of brands, including The Ordinary and NIOD, and BALMAIN Beauty. To explore our current job openings, go to www.elcompanies.com

Estée Lauder Companies

Skin CareMakeupFragranceand Hair Care

See all employees

E

elcompanies.com

10,001+ employees

Personal Care Product Manufacturing

New York, NY

Public Company

2M LinkedIn followers

Raised $5.2B

• Finance lead for Direct Procurement – develop and oversee the financial strategy for direct procurement, including budgeting, forecasting, and financial planning.
• Partner with Direct team on development of strategy to drive year over year Cost Savings.
• Prepare and communicate the Long-Range Plan (LRP) and annual savings targets.
• Manage the procurement budget and estimate departmental expenses.
• Review capital projects for compliance with Corporate Capital Control Policies and for adequate clarity of justification and reviews to ensure delivery of ROI \
• Provide in-depth financial analysis and reporting related to direct procurement activities including tracking and analyzing procurement costs, supplier performance, and market trends.
• Oversee direct materials spend. Monitor and analyze procurement costs and identify opportunities for cost savings and process improvements.
• Review PPV and Production Variances globally. Conduct analysis regarding the need for cost changes and ensure rollout as needed.
• Support Direct Procurement team savings projects via monitoring of savings vs targeted opportunity by project and communicate results monthly/quarterly.
• Drive Inbound Transportation standardized efficient closing practices on a global basis.
• Support Inbound Transportation savings projects through tracking of savings initiatives vs target and communicating results on monthly/quarterly basis.Ensure consistency of reporting savings vs. added value (cost avoidances, NPL etc).
• Drive enhanced TPM and dTPM reporting to provide actionable insights across the Manufacturing landscape.
• Monitor third-party partners’ expenses, invoicing, and savings to ensure alignment with contracted savings delivery.
• Support the Direct teams to provide sound internal financial controls environment.

• Minimum bachelor’s degree in business administration, Accounting, Finance or Engineering, MBA Preferred
• At least 7 years related experience
• Excellent business partnering, influencing, and presentation skills
• Ability to work independently in an unstructured environment and comfortable with ambiguity
• Deep understanding of direct procurement processes, transportation logistics and cost optimization strategies
• Expertise in developing, managing and reporting on budgets and forecasts
• Advanced ability to conduct thorough analysis related to procurement costs, supplier performance and market trends
• Strong leadership to guide financial strategy and coordinate with cross-functional teams
• The anticipated base salary range for this position is $120,550.00  to $208,200.00. Exact salary depends on several factors such as experience, skills, education, and budget. Salary range may vary based on geographic location. In addition to base salary, this position is eligible for participation in a highly competitive bonus program as well as participation in the share incentive plan. In addition,
• In addition to base salary, this position is eligible for participation in a highly competitive bonus program with the possibility for overachievement based on performance and company results. In addition, The Estée Lauder Companies offers a variety of benefits to eligible employees, including health insurance coverage (medical, dental, and vision insurance), wellness and family support programs, life and disability insurance, retirement savings plans, paid leave programs, education-related programs, paid holidays and vacation time, and many others. Many of these benefits are subsidized or fully paid for by the company.
• Michigan Applicants: Persons with disabilities needing accommodations for employment must notify the company in writing of the need for an accommodation within 182 days after the date the person with a disability knew or reasonably should have known that an accommodation was needed.
• Rhode Island Applicants: The company is subject to chapters 29-38 of title 28 of the general laws of Rhode Island and is therefore covered by the state's workers' compensation law.

• Health insurance coverage
• Medical insurance
• Dental insurance
• Vision insurance
• Wellness programs
• Family support programs
• Life insurance
• Disability insurance
• Retirement savings plans
• Paid leave programs
• Education-related programs
• Paid holidays
• Vacation time
• Bonus program
• Share incentive plan