Finance Director, Direct Procurement

The Estée Lauder Companies; New York (NY); On-site; USD 121,000 - 208,000; Full time

Benefits offered by this job

Health insurance

Retirement savings plan

Paid leave and holidays

Wellness programs

Life & disability insurance

Job summary

The Estée Lauder Companies is seeking a Finance lead for Direct Procurement to develop and oversee budgeting, forecasting, and strategic financial planning. This role partners with the Direct team to drive year‑over‑year cost savings and ensures alignment with the Long-Range Plan and ROI targets.

Located in New York, this position offers exposure to global procurement, spend optimization, and cross‑functional leadership across manufacturing and supply chain teams.

Qualifications

• Bachelor’s degree in business, accounting, finance or engineering; MBA preferred.
• At least 7 years of related experience.
• Strong business partnering, influencing, and presentation skills.
• Ability to work independently in unstructured environments.
• Deep understanding of direct procurement, transportation logistics, and cost optimization.
• Proven experience in budgeting and forecasting.
• Leadership to guide financial strategy and coordinate with cross-functional teams.

Responsibilities

• Develop and oversee the financial strategy for direct procurement, including budgeting, forecasting, and planning.
• Partner with Direct team to drive year-over-year cost savings.
• Prepare Long-Range Plan and annual savings targets.
• Manage procurement budget and departmental expenses.
• Review capital projects for compliance and ROI.
• Provide in-depth analysis of procurement costs, supplier performance, and market trends.
• Oversee direct materials spend and monitor savings opportunities.
• Review PPV and production variances and implement cost changes.
• Drive TPM and dTPM reporting for actionable insights.
• Collaborate with Direct teams to ensure internal controls.

Skills

Budgeting

Forecasting

Financial analysis

Cross-functional collaboration

Leadership

Cost optimization

Strategic planning

Education

Bachelor's degree in business/Accounting/Finance/Engineering

MBA preferred

Job description

The Estée Lauder Companies Inc. is one of the world’s leading manufacturers, marketers, and sellers of quality skin care, makeup, fragrance, and hair care products, and is a steward of luxury and prestige brands globally. The company’s products are sold in approximately 150 countries and territories under brand names including: Estée Lauder, Aramis, Clinique, Lab Series, Origins, M·A·C, La Mer, Bobbi Brown Cosmetics, Aveda, Jo Malone London, Bumble and bumble, Darphin Paris, TOM FORD, Smashbox, AERIN Beauty, Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW, KILIAN PARIS, Too Faced, Dr.Jart+, the DECIEM family of brands, including The Ordinary and NIOD, and BALMAIN Beauty.DescriptionFinancial Planning and ForecastingFinance lead for Direct Procurement – develop and oversee the financial strategy for direct procurement, including budgeting, forecasting, and financial planning.Partner with Direct team on development of strategy to drive year over year Cost Savings.Prepare and communicate the Long-Range Plan (LRP) and annual savings targets.Manage the procurement budget and estimate departmental expenses.Review capital projects for compliance with Corporate Capital Control Policies and for adequate clarity of justification and reviews to ensure delivery of ROI \\Provide in-depth financial analysis and reporting related to direct procurement activities including tracking and analyzing procurement costs, supplier performance, and market trends.Oversee direct materials spend. Monitor and analyze procurement costs and identify opportunities for cost savings and process improvements.Review PPV and Production Variances globally. Conduct analysis regarding the need for cost changes and ensure rollout as needed. Performance Monitoring and ReportingSupport Direct Procurement team savings projects via monitoring of savings vs targeted opportunity by project and communicate results monthly/quarterly.Drive Inbound Transportation standardized efficient closing practices on a global basis.Support Inbound Transportation savings projects through tracking of savings initiatives vs target and communicating results on monthly/quarterly basis.Ensure consistency of reporting savings vs. added value (cost avoidances, NPL etc).Drive enhanced TPM and dTPM reporting to provide actionable insights across the Manufacturing landscape.Monitor third-party partners’ expenses, invoicing, and savings to ensure alignment with contracted savings delivery. Collaboration and Business PartnershipSupport the Direct teams to provide sound internal financial controls environment.QualificationsMinimum bachelor’s degree in business administration, Accounting, Finance or Engineering, MBA PreferredAt least 7 years related experienceExcellent business partnering, influencing, and presentation skillsAbility to work independently in an unstructured environment and comfortable with ambiguityDeep understanding of direct procurement processes, transportation logistics and cost optimization strategiesExpertise in developing, managing and reporting on budgets and forecastsAdvanced ability to conduct thorough analysis related to procurement costs, supplier performance and market trendsStrong leadership to guide financial strategy and coordinate with cross-functional teamsPay Range:The anticipated base salary range for this position is $120,550.00 to $208,200.00. Exact salary depends on several factors such as experience, skills, education, and budget. Salary range may vary based on geographic location. In addition to base salary, this position is eligible for participation in a highly competitive bonus program as well as participation in the share incentive plan. In addition,In addition to base salary, this position is eligible for participation in a highly competitive bonus program with the possibility for overachievement based on performance and company results. In addition, The Estée Lauder Companies offers a variety of benefits to eligible employees, including health insurance coverage (medical, dental, and vision insurance), wellness and family support programs, life and disability insurance, retirement savings plans, paid leave programs, education-related programs, paid holidays and vacation time, and many others. Many of these benefits are subsidized or fully paid for by the company.Equal Opportunity EmployerIt is Company's policy not to discriminate against any employee or applicant for employment on the basis of race, color, creed, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth and related medical conditions), gender identity or gender expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, protected medical condition as defined by applicable state or local law, genetic information, or any other characteristic protected by applicable federal, state, or local laws and ordinances. The Company will endeavor to provide a reasonable accommodation consistent with the law to otherwise qualified employees and prospective employees with a disability and to employees and prospective employees with needs related to their religious observance or practices. Should you wish to apply for this position or any other position with the Company and you believe you require assistance to complete an application or participate in an interview, please contact [e-mail] Applicants: Persons with disabilities needing accommodations for employment must notify the company in writing of the need for an accommodation within 182 days after the date the person with a disability knew or reasonably should have known that an accommodation was needed.Philadelphia Applicants: Philadelphia's Fair Chance Hiring LawRhode Island Applicants: The company is subject to chapters 29-38 of title 28 of the general laws of Rhode Island and is therefore covered by the state's workers' compensation law.