Finance Director
Date: Feb 6, 2025
Location: Dallas, TX, US, 75234
Requisition ID: 875798
Position:Full-Time
Total Rewards: Benefits/Incentive Information
We are EssilorLuxottica, a global leader in the design, manufacture and distribution of ophthalmic lenses, frames and sunglasses. The Company brings together the complementary expertise of two industry pioneers, one in advanced lens technologies and the other in the craftsmanship of iconic eyewear, to create a vertically integrated business that is uniquely positioned to address the world’s evolving vision needs and the global demand of a growing eyewear industry.
With over 180,000 dedicated employees in 150 countries driving our iconic brands, our people are creative, entrepreneurial and celebrated for their unique perspectives and individuality. Committed to vision, we enable people to “see more and be more” thanks to our innovative designs and lens technologies, exceptional quality and cutting-edge processing methods. Every day we impact the lives of millions by changing the way people see the world.
Our portfolio of more than 150 renowned brands span various categories, from frames, lenses and instruments to brick and mortar and digital distribution as well as mid-range to premium segments. Our Shared Services Team, accompany and enable others within the EssilorLuxottica collective to achieve their targets. They keep people and projects running smoothly, ensuring every part of our business is provided for and well taken care of.
GENERAL FUNCTION
The Director of Finance is primarily responsible for managing and reporting the consolidated financial results of EssilorLuxottica North America Wholesale reporting entities (including US and Canada), coordinating all budgeting and forecasting procedures.
This key finance role will partner closely with peers and leadership to understand topline performance and ensure overall profit objectives are met.
MAJOR DUTIES AND RESPONSIBILITIES
Direct analysis of monthly results and variance reporting to internal and corporate management. Necessitates a high level of understanding of the business operations through continual communication with management / department heads. Continual budget and forecast vs. actual analyses and identification and quantification of updates to financial results
Responsible for completion of annual budget in timely, detailed manner including providing guidance and support for operating department heads
Responsible for completion of forecasts and monthly outlooks
Lead Finance partner to Central FP&A teams for Marketing, Logistics and G&A expenses which includes providing direction on required forecast inputs, coordinating volume assumptions with NA Logistics, and being able to communicate monthly results through detailed analysis
Coordinate with HR on headcount reporting to Corporate, ensuring alignment with overall financials
Partner closely with Commercial Finance team to enable effectively develop and analyze Channel of Trade operating profit statements
Partner closely with Accounting department on all accruals, accounting policies and required monthly/quarterly reserves
Prepare required reporting and details for both quarterly and annual audit
Review and approve monthly reconciliation of requested balance sheet accounts
Develop continuous risk and opportunity view of business outside of routine planning
Oversee and develop capital management process (approvals, projects spend tracking and related depreciation).
Prepares periodic and ad hoc analyses of budget versus actual data for revenue and expenses and prepares supporting analysis of variances found
Owns profit center, cost center, and accounting structure for all NA Wholesale subsidiaries in SAP and Hyperion
BASIC QUALIFICATIONS
Bachelor’s degree in Business, Finance or Accounting
10+ years progressive financial experience; managerial experience required
Demonstrated experience and proficiency in financial and cost analysis
Technical acumen of financial statements
SAP and Hyperion experience
Strong PC skills (Excel, Word and PowerPoint)
Solid understanding of US GAAP and IFRS
Ability to multi-task and adapt to changing priorities
Solid tactical management skills, business acumen, and organizational savvy
Effective communication skills, both verbal and written
Excellent time management, organizational skills and attention to detail
Demonstrated ability to build the business through improved analysis, trending and reporting
PREFERRED QUALIFICATIONS
MBA
Fluency in Italian
Employee pay is determined by multiple factors, including geography, experience, qualifications, skills and local minimum wage requirements. In addition, you may also be offered a competitive bonus and/or commission plan, which complements a first-class total rewards package. Benefits may include health care, retirement savings, paid time off/vacation, and various employee discounts.
Upon request and consistent with applicable laws, EssilorLuxottica will provide reasonable accommodations to individuals with disabilities who need assistance in the application and hiring process. To request a reasonable accommodation, please call the EssilorLuxottica SpeakUp Hotline at 844-303-0229 (be sure to provide your name and contact information so that we may follow up in a timely manner) or email HRCompliance@luxotticaretail.com.
We are an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, gender, national origin, social origin, social condition, being perceived as a victim of domestic violence, sexual aggression or stalking, religion, age, disability, sexual orientation, gender identity or expression, citizenship, ancestry, veteran or military status, marital status, pregnancy (including unlawful discrimination on the basis of a legally protected pregnancy or maternity leave), genetic information or any other characteristics protected by law. Native Americans in the US receive preference in accordance with Tribal Law.