Director, FP&A - Emerging Brands (Finance)

Job Description

ABOUT KENDO

Kendo Holdings, Inc. is a San Francisco-based beauty brand developer and wholesaler owned by LVMH Moët Hennessy - Louis Vuitton, the world's largest luxury group. A play on the words "can do", Kendo has become the hub of creativity and next generation beauty product development for global Sephora channels and selective retailers outside of Sephora.

Through original development, collaborations and acquisitions the Kendo stable of brands will always be creative, inspiring and innovative. A dynamic engine of speed, expertise and market-savvy, the Kendo team continues to redefine the beauty industry through great product, great storytelling, great retail and direct-to-consumer partnerships. This shows up in everything we do and in what we stand for:

• "Can Do" Spirit: We work together to make our wildest dreams a reality: As entrepreneurs, we embrace optimism and find creative ways to reach our goals
• Advocacy, Diversity, and Inclusion: We recognize and celebrate the full spectrum of personal identities. We create safe spaces so everyone's voice is heard. We listen with humility and act with courage.
• Storytelling: We tell authentic stories like no, one else. It's our key to inspire trust and build relationships, rallying, our people, partners, and consumers around our brands.
• Resilience: We embrace challenges as opportunities. Change is ever- constant, and agility is our strength.
• Product Excellence: We put the consumers first: We constantly raise the bar to create products of the highest quality that everyone just has to have.

The salary range for this position is $164,000 - $205,000 per year based upon a San Francisco location. Offered salary is dependent upon experience and location. Kendo Total Rewards offerings also include an annual bonus and a comprehensive benefits package including: medical, dental and vision insurance, flex paid time off program, parental leave, employee discount/perks, a retirement plan with employer contributions, Summer Fridays, opportunity to work from anywhere for two weeks during the calendar year and December wellness/shutdown week for applicable positions.

The Kendo house of brands currently includes: Fenty Beauty, Fenty Skin, Fenty Eau de Parfum, Fenty Hair, Ole Henriksen, KVD Beauty, Lip Lab.

Summary

The Director of FP&A will play leadership role within the Finance team, providing financial oversight and strategic insights to support the company's growth and profitability objectives. This role will oversee financial planning and analysis for Kendo's Emerging brands: Ole Henriksen and Lip Labs. The position will report to the VP of Finance and have one direct report.

Responsibilities

Strategic Financial Planning

• Lead the development and execution of financial strategies that align with business goals.
• Oversee the preparation of comprehensive budgets, rolling forecasts, and long-range business plans for Ole Henriksen and Lip Labs.

Financial Analysis & Reporting

• Provide insightful analysis on financial results including variance explanations for revenue, margin, operating expenses, and other key financial metrics.
• Prepare monthly/quarterly management reporting packages that include P&L and expense reviews along with analysis of key business trends.
• Develop and present financial models to support decision making related to business initiatives, trade spend, new distribution opportunities, capital + marketing investments, and resource allocation.
• Evaluate investment opportunities for financial viability including new Lip Lab boutiques.
• Analyze Boutique financial KPIs to optimize store profitability, including managing store payroll.
• Ensure timely delivery of accurate financial information to stakeholders. Partner with Accounting to ensure that month end close activities are closely coordinated and accurately reported in timely manner. This includes creating and managing monthly expense accruals.
• Prepare presentations for Senior Leadership Team.

Process Improvement & Systems Integration

• Drive continuous improvement in planning processes through automation tools or process re-engineering efforts in Anaplan and Power BI
• Champion the implementation and integration of new FP&A systems such as Anaplan and Power BI to enhance data quality and efficient analysis.

Skills & Qualifications

• Degree in Finance or Accounting;
• 10+ years of experience in finance ideally in consumer products and/or beauty with emphasis on budgeting, forecasting, planning, analysis, and strong modeling skills.
• Advanced knowledge of financial and analytical concepts, practices, and procedures in Retail Store environment is preferred.
• Strong communication skills; ability to articulate financial concepts clearly both verbally and written form across all levels of organization including non-finance executives.
• Demonstrated project management skills; adept at balancing multiple priorities tight deadlines fluid environment where change is the norm rather than exception.
• Strong Excel and PowerPoint skills.
• Preferred experience with AX, Anaplan, Power BI, and ability to learn & adapt to in-house system applications.
• Must be curious, accurate, and detail oriented.
• Must bring a positive attitude with fresh eyes and an appetite for change management.
• Must work well in a fast paced, team-oriented, and dynamic environment.
• Work in SF office 3 days a week with 2 days working remotely.