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The Estee Lauder Companies

Manager, Employee Compensation Cost GPO Office

Career Insights for Compensation / Benefits Manager

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What they do

A Compensation or Benefits Manager manages compensation and benefits systems and records for an organization or company. Determines pay structure and job classifications for company employees. Supervises payroll, accounting of employee benefits, and payout of benefits such as pensions or disability insurance.

$129,304 / year median in New York

+4% projected growth

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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.
  • This role will support the Employee Compensation Cost team
  • - Support capability lead and team to provide best practices for accounting and financial planning, guidelines and governance for managing the Company's global employee compensation costs across actual, estimate, plan and LRP.
Assist with identifying best practices within the global processes and ensure proper operationalization of the guidelines. She / he will manage accounting and planning for selected employee cost areas as assigned, as well as modeling, reporting, analysis and insights for capability management and customers to action, monitoring key metrics, development and implementation of tools/applications in support of continuous improvements; automate, improve and make processes efficient. Creation and management of financial modelling and visualization. Cross train with team to serve as backup and support as required. Lead and support dd hoc projects and assignments. Collaborative work with Finance Community includes work performed by Managed Service Team. This position is based in Melville, NY and will require travel to NYC as required. + Support all activities related to the Employee Compensation Cost Capability pillar including accounting and planning + Actively engage in the Employee Compensation Cost/Analytics meetings providing customer service for all related platforms and dashboards to various business units + Manage processes associated with assigned areas of responsibility (e.g.: NA fringe benefits and vacation and Global Fiscal bonus) including monthly, quarterly and annual expense monitoring, accrual and journal entry requirements, reconciliations; analysis of results and comprehensive reporting adhere to deadlines + Manage Employee Compensation Cost reporting for executive management + Under guidance of leadership, develop and monitor modeling tools related to employee compensation cost across productivity, demo and MOH/DL + Assist with development and monitoring of employee compensation cost and headcount policies and practices including governance of account usage, taxonomies and planning guidelines + Managing updates and quality assurance across all data sources, Dashboard and reporting including access controls + In conjunction with leadership and team members, provide for continuous improvement in processes including develop, monitor and report trend analysis, benchmarking, other metrics and KPIs providing analysis and insights, as applicable for realization of efficiencies + Collaborate with Managed Service Resources who support the capability pillar + Drive and engage interaction with members of other functions including Human Resources and Master Data Management resulting in outcomes that support common objectives + Support Cross-functional requests for employee cost, headcount and productivity analysis and reporting + Special projects and ad-hoc analysis as requested
Qualifications:
+ Bachelor's Degree in Finance or Accounting, CPA/Masters a plus. + 5+ years of Finance or Accounting, with process reengineering and project management experience. + Excellent analytical capabilities to translate data into Executive level insights and metrics + Advanced Excel, OneStream skills a must. + Proficiency in SAP, PowerPoint and Word. + Experience with data visualization tools (e.g.: Power BI). + Ability to work/analyze/build efficient models, analyses and reports. + Experience in leading, aligning, and engaging on team vision. + Excellent interpersonal, communication and presentation skills required, including direct interaction with Senior Management. + Ability to work under pressure of tight deadlines and multitask. + Flexibility to adapt to the changing needs and direction of Senior Management. + Excellent organization, writing and listening skillsEqual Opportunity Employer It 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 USApplicantAccommodations@Estee.com.