Wella - Associate Finance Director (10-15 yrs)

ABOUT THE WELLA COMPANY

Together, WE enable individuals to look, feel, and be their true selves.

Wella Company is one of the world's leading beauty companies, comprised of a family of iconic brands such as Wella Professionals, Clairol, OPI, Nioxin and ghd. With 6,000 employees globally, presence in over 100 countries, Wella Company and its brands enable consumers to look, feel, and be their true selves. As innovators in the hair and nail industry, Wella Company empowers its people to delight consumers, inspire beauty professionals, engage communities, and deliver sustainable growth to its stakeholders.

For additional information about the Wella Company please visit www.wellacompany.com.

THE ROLE & OPPORTUNITY:

You will be responsible for leading the finance team in Wella India, supporting the leadership team with key business initiatives, financial information and operational analytics, co-piloting with GM, to drive growth and profitability.

You will be responsible for the proper governance/ controls over Marketing expenses/fixed costs are in place, ensure the proper governance/controls over Marketing expenses/fixed costs are in place, drives ROI mindset and delivers transparent reporting of marketing performance and partner with marketing to increase sales and profitability through improved decision making.

You will be responsible for all financial and accounting activities, including strategic planning, distributor transformation analysis and integration, financial due diligence, evaluating and leading short and long-term financial objectives, and any special projects as required.

There is considerable foreign currency exposure so management of FX Risk is also an important component of the role. Additionally, the role holds responsibility for implementing controls and client credit management procedures, along with timely internal audits & guidelines.

KEY RESPONSIBILITIES:

- Provide financial acumen and strategic recommendations to enhance financial performance and help General Managers run their operations as "businesses", generating adequate returns per business plan.

- Monitor financial performance by measuring and analyzing results & recommending corrective actions

- Responsible for overall cash flow and working capital management, forecasting and reporting

- Seek new growth prospects for the business unit

- Manage country cluster/division P&L and Balance sheet, Profitability analysis of existing portfolio by category and customer.

- Lead the Regional budgeting and forecasting process including goal setting, monthly variance analysis and peer group metrics for the region. Provide measurement against goals for a timely valuation of performance.

- Provide day-to-day leadership and management of the regional finance team, as well as develop

- Track local commercial budget and non-commercial budget

- Drive commercial spending ROI, Understand brand goals and strategies as well as company's financial policies and provide analyses to help marketing and sales achieve goals

- Coordinate with local marketing team to review marketing business plan: Provide financial analysis of proposed new items, programs, and licenses for go/no-go decisions support, Drive local analysis at brand level (e.g., P&L by brand, market share) , Coordinate with local marketing to build local launch model

- Ensure proper allocation of spending across brands and cost buckets

- Identify brand profitability drivers / Provide brand and channel analysis as required by management.

SKILLS & REQUIREMENTS:

- Positive outlook with a strong work ethic, highly proactive with exceptional team management, organisational, planning and delivery capabilities.

- Strategic thinking : able to see beyond the 12 month horizon and drive long range strategy and business planning in partnership with the leadership teams

- Executive maturity and confidence: able to set an example for positive interaction with executives and senior leaders, present confidently and maintain composure in stressful situation.

- Leadership : able to lead by example, inspire, motivate, engage and drive results through others ensuring alignment to organisational priorities, goals and targets.

- Influencing skills : able to demonstrate above average negotiation and relationship building capabilities.

- Change leader : able to embrace and accelerate change in a fast-paced environment and pioneer new ideas

- Analytical capability : strong analytical capabilities with a solid understanding of key business drivers and ability to add value to the decision-making processes of the business through high level, strategic analysis and insights

- Understanding of India market laws, taxation, regulations & guidelines

KEY INTERFACES, STAKEHOLDERS AND RELATIONSHIPS:

- SVP Global Commercial Finance

- General Manager - Wella South Asia

- Partner with Wella India Leadership Team

- Partner with & Support Global Finance & other Global Functions as required

QUALIFICATIONS:

Post graduate qualifications : MBA or equivalent (OR) Qualifications at degree level in Finance/Accounting, CA/CPA qualifications

EEO OPPORTUNITIES

Wella Company wants to meet the aims and commitments set out in its equality policy. This includes not discriminating under the Equality Act 2010 and building an accurate picture of the make-up of the workforce in encouraging equality and diversity.

We offer equal employment opportunity to qualified individuals without regard to race, religion or belief, color, national origin, age, gender, disability, sexual orientation, gender identity, gender expression, marital or civil partnership, pregnancy and maternity, veteran status, or any other characteristic protected by law. Wella Company with federal and state disability laws and makes reasonable accommodation for applicants and employees with disabilities. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact us at: httouch points s://www.wellacompany.com/consumer-affairs

We strongly believe that cultivating a diverse workplace gives a company strength. The combination of unique skills, abilities, experiences and backgrounds creates an environment that produces extraordinary results. EOE Minorities/Females/Protected Veterans/Disabled.