Title: Finance Manager, Global Lux
Location: Singapore
Job Number: 15000JJH
About Unilever:
Unilever
is one of the world’s leading suppliers of Food, Home and Personal Care
products with sales in over 190 countries and reaching 2 billion consumers a
day. It has 172,000 employees and generated sales of €48.4 billion in 2014.
Over half (57%) of the company’s footprint is in developing and emerging
markets.
Unilever has more than 400 brands found in
homes around the world,
including Persil, Dove, Knorr, Domestos,
Hellmann’s, Lipton, Wall’s, PG Tips, Ben & Jerry’s, Marmite, Magnum and
Lynx.
Unilever’s
Sustainable Living Plan (USLP) commits to:
Decoupling
growth from environmental impact.
Helping
more than a billion people take action to improve their health and well-being.
Enhancing
the livelihoods of millions of people by 2020.
Unilever
was ranked number one in its sector in the 2014 Dow Jones Sustainability Index.
In the FTSE4Good Index, it achieved the highest environmental score of 5. It
led the list of Global Corporate Sustainability Leaders in the 2014
GlobeScan/SustainAbility annual survey for the fourth year running, and in 2015
was ranked the most sustainable food and beverage company in Oxfam’s Behind the
Brands Scorecard.
Unilever
has been named in LinkedIn’s Top 3 most sought-after employers across all
sectors.
For more
information about Unilever and its brands, please visit
www.unilever.com
. For more information
on the USLP:
www.unilever.com/sustainable-living/
JOB TITLE: Finance
Manager, Global Lux
JOB LOCATION: Singapore
RELOCATION TERMS: Local terms
Business
Context and Main Purpose of the Job:
Skin Cleansing Category
is one of Top 5 for Unilever in Turnover and
Profit. It is a core business where we have strong positions around the globe
and one in which we are market leaders. It is a priority category in which
Unilever invests to win. The business has iconic brands like Dove, Dove
Men Care, Axe, Lux, Lifebuoy, Radox, Duschdas, Pears, etc. The business has
performed very well over the last several years and we have ambitious plans to
achieve sustainable, profitable growth.
Lux
is one of the top 5 brands in the Personal Care
Portfolio. The brand operates in the beauty segment and has a massive global
footprint with Top 5 markets (for the brand) falling in 5 different clusters.
With the relaunch 2 years ago the brand has repositioned itself as a fragrance
player and is poised for growth in years to come.
The purpose
of the Finance Manager, Global Lux is to operate as the “CFO” for the Brand. The
core responsibilities include providing Finance Business Partnering support in
the following areas:
Provision
of performance analysis for delivery of in-year target underpinning financial
growth model.
Business
case development and benefit realisation for project investments across the
category.
Strategically
influence senior stakeholders within global Brand Development (BD).
Commercially
shape the medium to long term direction of their respective brands or pillars.
Dynamic
resource allocation to meet Category growth priorities.
Main Accountabilities:
The role will be part of the Global Brand
leadership Team and will responsible for the overall strategy of Lux globally.
This is primarily a business-partnering role, which works directly with Global
Brand Vice President (GBVP) and Global Brand Director (GBD)’s for Lux.
The key
accountabilities of the Finance Manager, Global Lux are as follows:
Financial
Growth Model (FGM):
Implement
the global category FGM into brand / strategic role within category.
Develop
a sustainable business plan that can deliver competitive, profitable volume
growth using the FGM.
Understand
external environment / competitors and ensure insights incorporated into plans.
Develop
3-5 year strategic financial plan aligned to FGM
Strategic
Resource Allocation:
Oversee
the Category Innovation Plan (CIP) budget management (people costs, Bought In
Cost [BIC]) and facilitate trade-offs to meet the strategic priorities of the
brand
Drive
for consistency of resource allocation across marketing (BD & Brand
Building [BB]) and Research & Development (R&D) resources across the Profit
& Loss (P&L) and geographies
Align
stakeholder commitment to financial investments and ensure they are
commensurate with future growth potential.
Gate
Keeping & Portfolio Management:
Lead
active portfolio reviews to facilitate priority setting and funnel management.
Develop
early stage evaluation of size of innovations (Turnover, Growth Model [GM],
resource requirements) and understand sensitivities around proposed business
case assumptions
Assess,
articulate & drive actions on risks and opportunities for medium &
large projects.
Champion
the business agenda within the brand/category, encouraging more projects to be
rolled out to 10
countries and to minimise small projects
Understand
and drive the future value of the innovation funnel and the impact of
innovation on future growth and profitability (Incremental Turnover [iTO], Incremental
Gross Margin [iGM])
Track
in-market performance of innovations through business tools and in market
reporting
Performance
Management & Reporting:
Leverage
standard performance reporting to enable Brand Leadership Team / Global
Category Leadership Team (GCLT) to have a 360 degree view of business and hold
itself and others accountable for delivery of strategy and performance.
Champion
use of standard Enterprise Solutions (ES) reporting solutions
within the category
Actively
drive simplification of reporting through use of standard ES reports and tools
Control
& Accounting
Responsible
for managing category budgets (BIC) and departmental costs) budgets.
Key
driver of robust resource and budget allocation across marketing development,
R&D activities and capital expenditure.
Challenge
inefficiencies and indicate drivers.
Ensure
integrity and control across accrual/payment process.
Use
relevant competitive benchmarks (financials, shadow P&Ls) to identify
savings opportunities and/or areas under leveraged.
Partner
with Supply Chain finance to ensure proper understanding of product cost levers
and key drivers of manufacturing costs.
Drive
Gross Margin Improvement:
Quantify
and drive margin enhancement / savings targets with brand and category
leadership team
Evaluate
risk and opportunities on margin to help prioritize cross functional team
resources.
Drive
Margin Accretive Innovation as part of category innovation process
Max
the Mix through prioritisation of growth opportunities
Develop
brand Strategic Pricing frameworks, encompassing evaluation of Equities, Competitors,
Pricing, Elasticity & Marketing Mix Modelling(MMM) findings.
Partner
with BD marketers to validate Strategic Pricing with top markets, escalate when
Strategic & Operational pricing diverge.
Continue
and follow up on the Brand Margin actions already highlighted
Return on
Brand Support:
Challenge
cross-functional team to optimize Return of Investment (ROI) via resource
allocation across activities.
Partner
to drive benchmarks for ROI metrics (i.e. Wear Out, Digital).
Drive
efficient use of available BD budgets through analysis of spend
Drive
Finance Best Practice:
Participate
in cross Category work streams to drive best practice in key challenge areas
such as Return of Marketing Investment (ROMI), gross margin, sustainability,
etc.
Proactively
seek opportunities to share Category best practice within wider Finance
function and to learn from best practice of other Finance areas.
Leading
Talent & Teams:
Lead
own team of 2 direct reports in Singapore and 2 dotted line reports in US
Develop
succession planning and career progression plans for team.
Key Interfaces
The Brand
Development Finance Business Partner Manager role will interface with the
following stakeholders:
Global
Brand VP and their Global Leadership Team
Global
Brand Development Teams.
Category
Finance Director
Category
Controllers Team
Supply
Chain, Consumer & Market Insight (CMI), Corporate Marketing &
Communications Office & R&D teams within respective brands or pillars
External
agencies
Relevant skills/experience
required:
Professional
finance qualification equivalent to CA, CIMA, ACCA.
MBA
or Masters desirable.
About
5-7 years’ experience in financial, operational and business partnering roles
preferably within BB, Supply Chain (SC) or Customer Development (CD).
Excellent
analytical and communication skills with ability to respond under pressure.
Ability
and drive to work independently.
Experience
of working in cross functional teams within a matrix environment desirable.
TO
APPLY:
Please apply online by clicking on “Apply Online” below. Your application will be
reviewed against our requirements. Should you not meet our immediate
requirements, your profile will be registered in our talent pool system and we
will match your profile to suitable future vacancies.
You will be able to access your status update through the candidate tracking
link.
Thank you for your interest and application.
Want to join our Talent Community? Please
register your details here:
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Job: Finance