Senior Manager, Finance

This role is a Hybrid Role: Employees are expected to work from our New York office 3 days per week and may work remotely the remaining days

BASIC FUNCTION

• Lead in the preparation of monthly, quarterly, and annual financial statements for investor reporting (financials, footnotes, and MD&A).

• Technical Accounting and Policies, including but not limited to:
  • Lease Accounting (ASC 842)
  • Pension Accounting (ASC 715)
  • Share-Based Compensation Accounting (ASC 718)
  • Revenue Recognition (ASC 606)
• Defined Benefit Pension and Savings Plan Financial Statements (preparation)
• Coordination with External Auditors
• Liaise with FP&A, Internal Audit, Tax, Legal & Market and Operational Finance teams, and other resources or external consultants
• Systems – Hyperion tool suite (Consolidation, Management Reporting, Planning); Wdesk/Workiva; ERPs (SAP & JDE); Blackline; AuditBoard
• Special Projects / Ad-hoc Support / Analysis

MAJOR DUTIES

Financial Close and Reporting:

• Responsible for preparing deliverables for lender or covenant compliance including:
  • Preparing the Company’s monthly, quarterly and annual Cash Flow statements
  • Reviewing the Company’s monthly, quarterly and annual Balance sheet and Income statement
  • Quarterly EBITDA Reconciliation to Operating Income and Net Income in accordance with the lender agreement
  • Preparation and/or review of MD&A and footnote disclosures including goodwill and intangibles, PP&E and leases, stock compensation, pensions, restructuring reserve, debt, segments, etc.
  • Preparation of cash flow analytics monthly
  • Responsible for reviewing and/or preparing disclosure checklists, as applicable.
• Adhere to established, tight timelines with high-quality output throughout the process. Drive consistency and accuracy in outputs to increase efficiency, facilitate review, awareness of expectations, and identify impediments to improving the quality and speed of the processes. Interface with other departments to obtain or confirm data in the statements, including Treasury, FP&A, Operations Finance, Tax, Legal, Human Resources, and local business and accounting teams.
• Work with the consolidation team to ensure that the financial close is tracking as expected and help drive changes related to close improvements for efficiency and effectiveness.

• Technical Accounting and Policies:
  • Quarterly, conduct a review and analysis of recent developments in accounting and financial pronouncements (SEC, FASB, PCAOB, etc.) and their likely impact on the company. Prepare a summary of recent developments and circulate it to the Finance organization.
  • Annual impairment assessment – prepare balance sheet by reporting unit and coordinate with external valuation specialists and FP&A on financial projections and assumptions for ASC 350 and ASC 360 impairment assessments, as applicable.
  • Responsible for the maintenance and communication of the Company’s Corporate Financial Policies, including periodic review and updates of existing policies, as deemed necessary. Assist in the Company’s adoption of new accounting standards and draft new policies, as needed.
  • Familiarity with technical accounting guidance pertaining to all financial statement areas and disclosures, and proven ability to use accounting research tools.
  • Advanced knowledge in technical areas including, but not limited to, Revenue Recognition (ASC 606), Lease Accounting (ASC 842), Pension Accounting (ASC 715), Share-Based Compensation (ASC 718), and Intangibles & Goodwill (ASC 350).
  • Work with the Sr. Director to ensure share-based payment accounting is in accordance with U.S. GAAP. Coordinate with HR to obtain data required for share-based compensation accounting and stock reconciliations, as well as with external specialists for share price and option valuations.
• Defined Benefit Pension and Savings Plan Financial Statements (preparation)
  • Responsible for preparation of financial statements and footnotes of the Company’s 401(k) Savings Plan and Defined Benefit Pension Plans in Wdesk.
  • Coordinate with the HR/Benefits group and external auditors to ensure financials are completed timely.
  • In coordination with the Company’s actuaries and external auditors, work with the Director to ensure pension accounting is in accordance with U.S. GAAP. Responsible for pension-related disclosures in the financial statements.
  • Prepare/review annual pension assumption memo.
• Coordination with External Auditors:
  • Conduct proactive, in-depth discussions about data required by the Auditors and manage the timely preparation, delivery, and follow-up of those data needs (PBC List).
  • Maintain a listing of non-GAAP policies or practices identified and obtain related support from local entities to aggregate materiality.
• Systems:
  • HFM for consolidation and reporting
  • Wdesk/Workiva for preparation of quarterly and annual financial statements and footnotes, with proper linking and checks for discrepancies or inconsistencies within the document
  • SAP and JDE as accounting entry source repositories and ERPs
  • Hyperion
    • MR (management reporting) & Planning/Essbase to review forecast and/or brand/segment data
    • HFM for consolidated results review
  • Blackline for balance sheet reconciliations
  • AuditBoard for control ownership and overall control framework compliance
• 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, External Consultants, Legal, Tax, and other functional areas.

KNOWLEDGE AND SKILLS REQUIRED

• Minimum 8 years of experience in variance accounting and finance roles, with a preference for experience in the consumer packaged goods (CPG) industry
• Excellent knowledge of U.S. GAAP requirements
• Proven self-starter with the ability to balance multiple tasks of competing priorities in a changing and dynamic environment
• Strong knowledge of SEC requirements and experience with end-to-end preparation of financial statements
• Experience interacting well at senior management and executive levels, with a proven ability to assess business risk and escalate to management with appropriate alternatives
• Strong interpersonal, verbal, and written communication skills, with an ability to facilitate or lead cross-finance teamwork
• Proven problem-solving and root-cause identification skills
• Strong analytical and decision-making abilities
• Able to work effectively at all levels in an organization

MINIMUM EDUCATION REQUIRED

Undergraduate degree in Finance or Accounting; CPA designation

MINIMUM YEARS OF EXPERIENCE REQUIRED: 8+

#LI-CG1 #LI-Hybrid

Revlon is unable to sponsor or transfer employment visas for this role; candidates must be legally authorized to work in the United States without current or future visa support.

The base pay range for this position is $130,000.00 - $160,000.00 / year; however base pay offered may vary depending on skills, experience, job-related knowledge, and geographic location. Certain positions may also be eligible for short-term incentives as part of total compensation.

Employees (and their families) are eligible for medical, dental, and vision benefits. Employees are covered by the company-paid basic life insurance policy and company-paid short-term disability insurance (the benefit commences upon hire and allows for a portion of base salary for up to 26 weeks if you are disabled). Other benefits offered to employees include but are not limited to the following: long-term disability, supplemental life insurances, flexible spending accounts, critical illness insurance, group legal, identity theft protection, etc. Employees are also able to enroll in our 401k Retirement Savings Plan.

Employees will also receive 3 weeks of vacation, pro-rated based on date of hire for the 1st year of employment and twelve paid holidays throughout the calendar year. Vacation will depend on role.