Director of Operations Financial Planning & Analysis
Location: Jersey City, New Jersey
Type: Full Time
Preferred Education: 4 Year Degree
MAIN JOB OBJECTIVE
The Director of Operations Financial Planning &Analysis (FP&A) is the primary finance business partner to fresh’s Global Operations team and is responsible for all financial analysis, reporting and monitoring of results for the product development, production, planning and distribution of the brand. A key role in driving strategic investment decision-making for fresh’s Global Operations, the Director of Operations FP&A will maneuver seamlessly between big picture and strategic thinking, operational problem solving and detailed analytics. Leading, developing and guiding a team of two FP&A Managers, the Director will contribute to and continue to evolve, implement and enforce company policies and procedures.
Oversee the detailed financial planning, reporting, and analysis of Fresh Operations (from product development to production, planning and distribution), providing in-depth analysis to the VP of Operations and Finance leadership team
Responsible for all monthly, quarterly and annual financial analysis of actuals vs budget/forecast: this includes production variance analysis, working capital reviews including inventory provision, freight costs analysis, capital expenditures and other analysis to support the Operations team members in managing the business
Product cost: fix new standards annually and execute annual Standard Cost revaluation, analyze purchase price changes and drive savings/efficiencies; define new product development cost in line with Global brand strategy and Gross Margin target. Review and approve all existing items and BOM cost changes. Develop analysis of actual and forecast sampling/gift program inventory flows, costs and unit volumes
Inventory management: work with global supply chain to analyze and forecast inventory and understand its impact on working capital targets, monthly purchase price variance and inventory adjustment analysis, monthly IAS38 purchases/material flows details and challenge operations team on fluctuations over prior month and prior year, analyze quarterly inventory obsolescence and challenge provision for reserve
Engage in monthly S&OP process to establish production needs based on markets’ sales forecasts and absorption forecast
Review operational/departmental expenses and facilitate discussions on fluctuations against budget and prior year with Operations team
Accounting: support monthly closing process, oversee month-end close entries/reconciliations related to inventory and cost of goods
Partner with Operations Team to provide relevant data and insights to establish operational and financial goal alignment, lead performance reviews and recommend/drive actions to achieve operational targets
Assist the North America Shared Services team on an ad hoc basis on Billing, Accounts Payable, or other general ledger matters
Lead digitization of the function leveraging AX, Qlik, and technology lead initiatives to drive real time decision making
Interact with cross-functional teams that include Operations, Accounting, Consolidation & Reporting, Markets and Corporate FP&A, LVMH experts (tax advisors, etc.)
Participate in or lead global FP&A initiatives and other special projects/duties assigned, as necessary
What you will learn (and/or achieve) in the first 6 months:
Comprehensive view of Operations and flows at Fresh and how this is driving our results in terms of production, planning, distribution and product development
Master all the technical specificities of the role and start bringing added value to Operations partners / recommending actions to drive efficiencies
Get to know your team and precise roles & responsibilities to bring them to the next level
What you will achieve in 12 months:
Good understanding of the innovation process / roadmap: define targets for new product development to align margin goals with product portfolio
Be a key partner in the decision-making process for production by challenging markets’ forecast, driving inventory level, optimizing obsolescence and distribution costs
Improve processes to drive efficiencies and lead new projects
15+ years’ experience in Controlling, FP&A, or other relevant Finance roles with strong emphasis on data analysis and cost accounting
Degree in Business/Economics/Accounting/Finance is required; MBA is a plus.
Working knowledge of financial systems/tools such as AX Dynamics and Cognos is a plus
Proficiency in Microsoft Excel (Pivot Tables, V-Look ups, macros…)
Extensive knowledge of and ability to build and adapt financial models.
Able to “zoom in and out” of details when needed whilst keeping the bigger picture in focus.
A highly analytical problem-solver, with a propensity for taking action.
Strong oral and written communication skills with an emphasis on translating complex, nuanced, or detailed analysis into clear, actionable summaries or recommendations.
Strong interpersonal and leadership skills
Excellent organizational skills/detail oriented
Proven experience in building strong relationships with business partners across functions and countries and driving even stronger outcomes.
Born in Boston, raised in New York
In 1991, our founders Lev Glazman and Alina Roytberg saw the need for beauty that was both effective and indulgent. Following their American dream, they opened a small store in Boston devoted to curating natural products from around the world and engaging a community. The original shopkeepers, they created a brand that touches people’s hearts as well as their skin—and quickly developed a cult following. Today, fresh is a global company headquartered in New York offering a full lifestyle line spanning skincare, lip care, bodycare, and fragrance in 16 countries. But we don’t just aspire to make the best products on the market; we want to be the best beauty brand to work for. Whether developing a breakthrough formula, designing a marketing campaign, or welcoming guests in our shops, you are hand-picked to join us on our journey to make the world more beautiful one heartfelt experience at a time. Because beauty is more than skin deep. And fresh is more than a brand…it’s a feeling.
In 2000, fresh partnered with the world’s leading luxury products group, Moët Hennessy Louis Vuitton (LVMH), gaining invaluable access to expertise, research, tech...nology, professional development opportunities, and world-class benefits. The Group is comprised of a unique portfolio of over 70 prestigious brands including Louis Vuitton, Sephora, Dior, Benefit Cosmetics, Bulgari, and Veuve Clicquot, At fresh, we’ve created a warm, inspiring environment that encourages our teams around the world to dream big, because that’s how we got here. On any given day, you might find us celebrating a fresh family member, testing out new beauty products, or hitting the streets during a trend tour. Curiosity, passion, generosity, and a sky’s the limit spirit are woven into our DNA, stemming from our founders, and those values fuel our search for the extraordinary—in product and people.