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Vp, Finance And Strategy – Global Pricing And Portfolio Productivity

Company

The Estée Lauder Companies Inc.

Address New York, NY, United States
Employment type FULL_TIME
Salary
Category Personal Care Product Manufacturing,Manufacturing
Expires 2023-05-28
Posted at 1 year ago
Job Description
VP, Finance and Strategy – Global Pricing and Portfolio Productivity will lead the Center of Excellence (COE) for all matters related to strategic pricing from annual planning, developing framework and infrastructure to support planning, driving analytics to support decision making at the Global Brand President Level as well as establish and manage an annual process to review Portfolio Productivity – including business performance for hero products, reviewing non profitable and nonproductive products to deprioritize and eliminate. Other critical functions of the COE include developing expertise and capability in these areas, and serving as an integration point between our Global Brands and Regions.
From a Pricing standpoint, this leader will help the corporation to embed best practices, guidelines and governance for managing the company’s pricing strategies. She / he will elevate the company’s expertise in pricing and help infuse a strategic, measured and analytical backbone into the pricing process. This individual will be also charged with developing internal relationships and ensuring that the company’s pricing strategy protects profitability, is locally relevant to consumers and positioned competitively for all brands, regions and affiliates.
Responsibilities include
  • Manage all aspects of pricing strategy development and planning, including managing annual 3 year planning processes globally, pricing strategy for new product launches, pricing positioning by brand, conducting competitive analyses, portfolio analyses and leading relevant ad hoc deep dives and analyses.
  • Develop thought leadership on pricing positioning and strategy segmentation in conjunction with individual brands in ELC portfolio.
  • Responsible for overseeing pricing as a lever to protect profitability and brand equity globally, ensure global brand consistency and maintain local competitive relevance.
  • Responsible for leading the development of all pricing related technological infrastructure, from creating and maintaining planning tools for integration with SAP and other internal data warehouses, specifically responsible for rolling a new software to enable global price planning
  • Partner with Consumer Insights and Marketing Analytics team to leverage consumer research and market analytics (NPD, IRI, Nielson, etc.) to support pricing decisions and strategy.
The role is a mix of commercial / executional excellence, most notably in helpful to guide annual pricing decisions by the brands in their major regions and affiliates, with some more conceptual / innovative thinking.
From a Portfolio Productivity standpoint, this leader will lead two key enterprise-wide efforts, automation of manual processes, and continuous process improvements – applying these efforts to managing SKU productivity across the portfolio of brands. He/She will drive change across all major brands and regions of the company
  • Oversee and project manage end to end SKU editing process to eliminate complexity and lower performing in order to free up resourcing and facilitate more focus on higher performing SKUs
  • Driving a consistent and disciplined annual review of product segments (heroes/key SKUs, new products, lower performing products) across brands and regions
This workstream lead will work across functions and regions – including global, regional and affiliate marketing teams as well as Global supply chain, Value Chain Finance and New Product Launch teams
Qualifications
Qualifications
  • Understands relational databases, SAP and other enterprise-wide data warehousing technology a plus
  • Bachelor’s degree, MBA preferred
  • Minimum 15 years of experience
U.S Corporate/Office Exempt Roles
The anticipated base salary range for this position is $200,000 to $342,000 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 with possibility for overachievement based on performance
and company results as well as participation in the share incentive plan.
In addition, The Estée Lauder Companies offers a variety of benefits to eligible employees,
including health insurance coverage, 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.
Job Finance & Accounting
Primary Location US-NY-New York
Job Type Standard
Schedule Full-time
Shift 1st (Day) Shift
Job Number 2224343
We are an equal opportunity employer. Minorities, women, veterans, and individuals with disabilities are encouraged to apply. It is Company's policy not to discriminate against any employee or applicant for employment on the basis of race, color, creed, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth and related medical conditions), gender identity or gender expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, protected medical condition as defined by applicable state or local law, genetic information, or any other characteristic protected by applicable federal, state, or local laws and ordinances. The Company will endeavor to provide a reasonable accommodation consistent with the law to otherwise qualified employees and prospective employees with a disability and to employees and prospective employees with needs related to their religious observance or practices. Should you wish to apply for this position or any other position with the Company and you believe you require assistance to complete an application or participate in an interview, please contact [email protected].