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 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 balance sheet review.
- Lead in the monthly financial statement close process.
- Technical Accounting and Policies, including but not limited to:
- Balance Sheet (ASC 210)
- Receivables (ASC 310)
- Inventory (ASC 330)
- Other Assets & Deferred Costs (ASC 340)
- Intangibles – Goodwill and Other (ASC 350)
- Property, Plant & Equipment (ASC 360)
- Liabilities (ASC 405)
- Asset Retirement and Environmental Obligations (ASC 410)
- Exit or Disposal Cost Obligations (ASC 420)
- Contingencies (ASC 450)
- Debt (ASC 470)
- Equity (ASC 505)
- Revenue Recognition (ASC 606)
- Pension Accounting (ASC 715)
- Share-Based Compensation Accounting (ASC 718)
- Lease Accounting (ASC 842)
- 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/Oracle tool suite (Consolidation, Management Reporting, Planning) Wdesk/ Workiva; ERPs (SAP & JDE); Blackline; AuditBoard; Alteryx; Power BI.
- Special Projects / Ad-hoc Support / Analysis, including but not limited to EPM and ERP implementations.
MAJOR DUTIES
Financial Close and Reporting:
- Support the monthly, quarterly, and annual global consolidation processes, ensuring completeness and accuracy of consolidated financial results.
- 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/confirm data in the statements including Treasury, FP&A, Operations Finance, Tax, Legal, Human Resources and Local business and accounting teams.
- Perform robust review of the balance sheet and communicate material changes and business drivers that are contributing to those changes.
- Monitor the companies working capital and evaluate opportunities for improvement.
- Work with the External Reporting and Controllership teams in ensuring that the financial close is tracking as expected and help drive changes with respect 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 for the company. Prepare a summary of recent developments and circulate to the Finance organization.
- Responsible for the maintenance and communication of the Company’s Corporate Financial Policies, including periodical review and update 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 the financial statements areas/ disclosures and proven ability to research accounting guidance tools.
- Advanced knowledge in technical areas is outlined in the Basic Function section.
Process Improvement and Efficiencies:
- Leveraging technology such as Power BI, Oracle product suite, SAP, and Alteryx, to find opportunities to eliminate manual tasks, and implement automated solutions.
- Highlight opportunities to shift efforts to high value-added work.
Controls Environment:
- Own and maintain various controls relating to the financial close process.
- Identification and remediation of control gaps if they arise.
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).
- Discuss and support accounting policy elections with auditors.
Systems:
- HFM/Oracle EPM for consolidation and reporting;
- Alteryx for data scrubbing and process automation;
- Power BI for data consolidation, and results dashboarding;
- Intelligize for accounting research;
- SAP and JDE as accounting entry source repositories and ERPs;
- Blackline for balance sheet reconciliations;
- Auditboard/Optro 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.
- Core team member in the implementation of new EPM/ERP systems.
KNOWLEDGE AND SKILLS REQUIRED
- Minimum 6 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 analytic and decision-making abilities.
- Able to work effectively at all levels in an organization.
Minimum Education Required:
Minimum Education Required: Undergraduate Degree in Finance / Accounting, CPA designation
Minimum years of experience required – 6+ years
#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.
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