Manager, Finance - R&D and Innovation

Revlon; Kenilworth (NJ); Hybrid; USD 110,000 - 130,000; Full time

Benefits offered by this job

Medical, dental & vision

Company-paid life insurance

Short-term disability

401k plan

Paid vacation & holidays

Job summary

Revlon is seeking a Finance Manager for R&D and Innovation to partner with Global R&D, Product Development, and Innovation teams. This role focuses on gross margin, product profitability, and financial assessments for new launches and line extensions.

You will develop business cases, support budgeting and forecasting for the R&D and Innovation organization, and collaborate across Marketing, Supply Chain, and Operations to optimize profitability and growth.

Qualifications

• Bachelor’s degree in Finance, Accounting, Economics, or related field.
• 5+ years of FP&A, Commercial Finance, Brand Finance, Innovation Finance, or related experience.
• Advanced financial modeling and scenario analysis skills.
• Experience building business cases for new products, innovation projects, or commercialization initiatives.

Responsibilities

• Lead gross margin analysis, and product profitability assessments for innovation and new product development initiatives.
• Assess margin accretion and dilution for new products and line extensions, including mix, pricing, cost, cannibalization, and portfolio impacts.
• Quantify complexity-reduction benefits across formulas, ingredients, packaging components, SKUs, and manufacturing processes, including savings, working-capital, and service-level implications.
• Build robust business cases for new product launches, including revenue forecasts, investment requirements, ROI analysis, payback modeling, and margin assessments.
• Estimate market share, category growth, distribution, velocity, pricing, and cannibalization for line extensions and new products; translate commercial assumptions into revenue, gross margin, and cash-flow scenarios.
• Perform pre-launch and post-launch financial assessments, including readiness, launch investment, volume and margin delivery, forecast accuracy, line trials expense, new product capital investment, and corrective-action recommendations.
• Develop financial models supporting innovation pipeline evaluation, portfolio prioritization, and long-range growth planning.
• Manage the financial workstream within the innovation stage-gate process, establishing financial deliverables and decision criteria, validating assumptions, identifying risks and opportunities, and providing clear go, hold, revise, or stop recommendations.
• Partner with R&D, Product Development, Marketing, and Supply Chain teams to evaluate commercialization opportunities and investment trade-offs.
• Analyze post-launch performance against business case expectations and recommend actions to improve future innovation returns.
• Support Design-to-Value, formulation, packaging, and productivity initiatives through financial analysis and profitability assessments.
• Prepare executive-ready reporting, presentations, and recommendations for senior leadership.
• Manage the annual budget, quarterly forecasts, and monthly spending analysis for the R&D and Innovation organization.
• Prepare month-end reporting, analyze actual results versus budget and forecast, and provide actionable recommendations to business partners.
• Partner with functional leaders to identify spending risks and opportunities and ensure accurate financial projections.
• Support long-range planning activities and resource allocation decisions for R&D and Innovation investments.
• Drive forecasting, budgeting, month-end reporting, and variance analysis for supported functions.

Skills

Financial modeling

Cross-functional collaboration

Financial analysis

Excel

Education

Bachelor's degree in Finance/Accounting/Economics

Tools

Excel

Job description

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, skincare, 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, Sinful Colors, Creme of Nature, 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.

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

Summary

The Finance Manager, R&D and Innovation serves as a key finance business partner supporting Global R&D, Product Development, and Innovation teams. This role has primary responsibility for gross margin and margin-accretion analysis, product profitability evaluation, and financial assessment of new product development initiatives. The position develops business cases for new product launches and line extensions, supports innovation pipeline evaluation and stage-gate decision making, and provides commercial modeling that incorporates market-share and category-growth assumptions. The role also quantifies the financial benefits of formula harmonization and complexity-reduction initiatives, helping balance growth opportunities with margin, productivity, and profitability objectives. Working closely with R&D, Marketing, Supply Chain, Operations, and Brand Finance teams, the Finance Manager delivers actionable insights that support successful innovation investments and commercialization strategies. In addition, the Finance Manager will support financial planning and reporting activities for the R&D and Innovation organization, including budgeting, forecasting, month-end analysis, and management reporting.

Key Responsibilities

• Lead gross margin analysis, and product profitability assessments for innovation and new product development initiatives.
• Assess margin accretion and dilution for new products and line extensions, including mix, pricing, cost, cannibalization, and portfolio impacts.
• Quantify complexity-reduction benefits across formulas, ingredients, packaging components, SKUs, and manufacturing processes, including savings, working-capital, and service-level implications.
• Evaluate formula harmonization opportunities and develop financial scenarios that balance cost savings, product performance, regulatory requirements, and commercialization risk.
• Build robust business cases for new product launches, including revenue forecasts, investment requirements, ROI analysis, payback modeling, and margin assessments.
• Estimate market share, category growth, distribution, velocity, pricing, and cannibalization for line extensions and new products; translate commercial assumptions into revenue, gross margin, and cash-flow scenarios.
• Perform pre-launch and post-launch financial assessments, including readiness, launch investment, volume and margin delivery, forecast accuracy, line trials expense, new product capital investment, and corrective-action recommendations.
• Develop financial models supporting innovation pipeline evaluation, portfolio prioritization, and long-range growth planning.
• Manage the financial workstream within the innovation stage-gate process, establishing financial deliverables and decision criteria, validating assumptions, identifying risks and opportunities, and providing clear go, hold, revise, or stop recommendations.
• Partner with R&D, Product Development, Marketing, and Supply Chain teams to evaluate commercialization opportunities and investment trade-offs.
• Analyze post-launch performance against business case expectations and recommend actions to improve future innovation returns.
• Support Design-to-Value, formulation, packaging, and productivity initiatives through financial analysis and profitability assessments.
• Prepare executive-ready reporting, presentations, and recommendations for senior leadership.
• Manage the annual budget, quarterly forecasts, and monthly spending analysis for the R&D and Innovation organization.
• Prepare month-end reporting, analyze actual results versus budget and forecast, and provide actionable recommendations to business partners.
• Partner with functional leaders to identify spending risks and opportunities and ensure accurate financial projections.
• Support long-range planning activities and resource allocation decisions for R&D and Innovation investments.
• Drive forecasting, budgeting, month-end reporting, and variance analysis for supported functions.

Required Qualifications

• Bachelor’s degree in Finance, Accounting, Economics, or related field.
• 5+ years of FP&A, Commercial Finance, Brand Finance, Innovation Finance, or related experience.
• Advanced financial modeling and scenario analysis skills.
• Experience building business cases for new products, innovation projects, or commercialization initiatives.
• Strong experience with gross margin analysis, and product profitability evaluation.
• Demonstrated experience evaluating margin accretion or dilution for new products, line extensions, and innovation portfolios.
• Experience quantifying financial benefits from complexity reduction, formula harmonization, value engineering, or SKU rationalization initiatives.
• Experience developing market-share and growth estimates and translating market assumptions into volume, revenue, margin, and cash-flow forecasts.
• Experience supporting new product development (NPD), product launches, or innovation initiatives.
• Experience supporting stage-gate governance and conducting pre-launch, launch, and post-launch financial assessments.
• Strong cross-functional collaboration and influencing skills.
• Advanced Excel and financial analysis capabilities.

Preferred Qualifications

• Finance support of R&D, Product Development, Innovation, or Portfolio Management organizations.
• Experience with innovation pipeline management and stage-gate processes.
• Experience with consumer products, beauty, or other SKU-intensive environments involving formula, packaging, and portfolio complexity.
• Experience with finite product costing, commercialization analytics, and launch performance tracking.
• Supply Chain Finance, R&D Finance, or Commercial Finance experience.
• MBA, CPA, or CMA.

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 $110,000.00 - $130,000.00 / 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.