Manager, Finance (Corporate Consolidations & Reporting)

At Revlon, we create beauty innovations for everyone that inspire confidence and ignite joy every day.

Breaking beauty boundaries is in our company’s DNA. Since its game-changing launch of the first opaque nail enamel in 1932 (and later, the first long-wear foundation), Revlon has provided consumers with high-quality product innovation, performance, and sophisticated glamour. Elizabeth Arden made waves as a woman-led beauty company in the 1920s. In 1931, Almay became the original hypoallergenic, fragrance-free beauty brand.

Today, Revlon resiliently continues its legacy as a leading global beauty company. Our diverse portfolio—which consists of some of the world’s most iconic brands and product offerings in color cosmetics, skin care, hair color & care, personal care, and fragrances—is sold around the world through prestige, professional, mass, and direct-to-consumer retail channels. These brands include Revlon, Revlon Professional, Elizabeth Arden, Almay, American Crew, CND, Cutex, Mitchum, SinfulColors, Creme of Nature, Britney Spears, Christina Aguilera, John Varvatos, Juicy Couture, Ed Hardy and more.

We honor our heritage, embrace change, and applaud diversity. We champion our employees and celebrate our consumers.

We are Revlon, together, transforming beauty.

Overview: 

This position will be responsible for supporting the Assistant Controller team and working with other Company functions to complete tasks related to the financial close and financial reporting process.  This position will be a key enabler in the team’s efforts to drive operational efficiency, increase analytics and deliver timely and accurate financial information to internal and external constituencies. Responsibilities include accounting/reporting for the Company’s debt instruments, providing information for the financial reports, coordinating the team’s SOX requirements, and performing other ad-hoc tasks as required.

This role will require understanding and experience with technical US GAAP accounting and AICPA reporting requirements, financial close processes, and SOX requirements.  This role also requires the ability to build strong relationships and collaborate across various functions of the Company including FP&A, Shared Services, Market Finance, HR, and Legal.

Major Duties: 

1. Financial Close Process:

• Responsible for preparing, posting, and reviewing monthly interest exp and accrued interest for all debt instruments.
• Responsible for managing debt balance and maintaining accurate and timely summary for all debt instruments.
• Responsible for preparing the Company’s monthly, quarterly, annual cash flow statements for Revlon, LLC. (consolidated) for both AICPA and covenant compliance. Adhere to established, tight timelines with the high-quality output throughout the process. Drive consistency and accuracy in outputs to increase efficiency, facilitate a review, awareness of expectations, and identify impediments to improving the quality and speed of the processes. Interface with the proper other departments to obtain/confirm data in the statements (e.g. Treasury, FP&A, local markets/single consolidating entities).
• Responsible for maintaining internal control over debt roll forward schedules and reconcile to the consolidation system (HFM)  
• Prepare and post-consolidation entries and oversee intercompany processes and reconciliations, including resolution of intercompany imbalances.
• Responsible for balance sheet analytics to drive a better understanding of key drivers and improved controls

1. External Reporting:

• Responsible for preparing and/or reviewing assigned sections of the Company’s financial reporting: mainly debt and liquidity activities, updating the pre-draft template for known new information, drafting footnotes and disclosure, obtaining support from other Departments (Legal, Tax, FP&A, general accountants and managers/directors at local markets and subsidiaries, etc.), updating numbers, checking consistency and reasonableness against the support and known trends.
• Responsible for obtaining and aggregating the information for specific financial statement disclosure including but not limited to:
• Cash flow statement
• Debt activities
• Related Parties
• Debt

1. Coordination with External Auditors:

• Conduct proactive, in-depth discussions about data required by the Auditors and manage the timely preparation/delivery / follow up of those data needs (PBC List).
• Assist with reconciling issues and/or coordinate requests for additional information by interfacing with other Company Departments and/or local markets/subsidiaries.
• Assist in updating the list of non-GAAP policies and obtaining related support from other departments, local markets/subsidiaries.

1. Coordination of the Department’s Internal Control Activities:

• Ensure all debt activities and tasks for internal control purposes assigned to duties performed by the reporting group are in full compliance with the internal control matrices and risks are adequately addressed and activities properly documented.
• Prepare and provide support due from the external reporting group as needed.

1. Liaison with other Company’s Departments and Other Resources (including external consultants):

• FP&A: Provide the Revlon Consumer Products LLC cash flow statement and debt roll forward monthly. Obtain the latest forecast and/or growth rate assumptions for impairment assessment, as needed.
• Treasury:
• provide draft footnote templates and obtain completion of relevant sections and Treasury / debt-related disclosures;
• provide quarterly liquidity file for lenders on filing date;
• obtain interest rates to be applied on leases, when applicable.
• Legal: Manage the Department's contribution to specific sections of the financial statements such as debt, business description, contingencies, exhibits, patents/trademarks/proprietary technology, risk factors, etc.

1. HFM System:Responsible for: pulling the roll forwards or reports to support the cash flow statement and footnotes specifically for restructuring, PP&E and leases; reconciling the Z-Pack generated by Consolidation to the financial statements and disclosures.
2. Wdesk System:Responsible for preparing and/or reviewing the Company’s financial statements: rolling forward previous periods financials in Wdesk and reviewing for any inconsistencies within the document.
3. MR Planning/ Essbase System:Responsible for pulling the latest figures using parameters confirmed with FP&A Dept. for the impairment process (i.e. Actuals, Forecast, Budget) to generate the P&L and Balance sheet by reporting unit and overall Company projections on a brand and reporting unit level.
4. Special Projects / Ad-hoc Support / Analysis: Execute high-quality and timely analysis/support as required.  Provide support as required to local markets/subsidiaries, Treasury, Executive Staff, Legal, Tax, and other functional areas. Responsible for preparing various documents for Company Owners, such as net sales by Country, financial reporting package, etc.

Knowledge and Skills Required: 

• Strong finance and accounting background – US GAAP, technical accounting, SEC/external reporting regulations, consolidations Strong knowledge of SOX and internal control requirements
• Excellent technical skills – Strong working knowledge of financial reporting systems (preferably HFM, W-Desk, SAP)
• Experience with management reporting and financial analysis at corporate or divisional level Strong administrative, organization, communication, and collaboration skills
• Detail-oriented, yet the ability to think broadly/ “out of the box”
• Excellent communication skills (both written and oral)

Education and Experience Required:

• BS/BA in Finance / Accounting; CPA required; public accounting experience and/or master’s degree preferred
• 5 Years of Experience 

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The base pay range for this position in New York City is $105,000 and $125,000/year; however base pay offered may vary depending on skills, experience, job-related knowledge and location.  Certain positions may also be eligible for short and/or long-term incentives as part of total compensation.

Salary : $105,000 - $125,000