PTP Senior Analyst

at  The Este Lauder Companies

ABOUT ESTEE LAUDER COMPANIES

ELC (Estee Lauder Companies) is a global leader in prestige beauty that delights consumers with transformative products and experiences, inspiring them to express their individual beauty. They are the only company focused solely on prestige makeup, skin care, fragrance and hair care with a diverse portfolio of 25+ brands sold in 150 countries. Infused throughout their organization is a passion for creativity and innovation; a desire to push the boundaries and invent the unexpected.
From a position of strength, The Estée Lauder Companies (ELC), the leader in prestige beauty products, embarked on the Leading Beauty Forward program, chartered to fuel product innovation and enhance market agility. A key element of this strategy was the design of a new way to support its suite of 30 brands globally. The company chose Panama as being best suited to establish its new Global Business Services (GBS) operation center. This new center will initially deliver Finance, Human Resources and Legal services to ELC employees across several geographies and time zones. Through a new innovative service minded approach, this center will redefine service standards globally at ELC. This new GBS team will provide a one-stop-shop solution for the ELC businesses, supported by new customer engagement insights, new systems, and new reporting. In addition to delivering exceptional service to the ELC businesses each day, the GBS team will also be responsible for continuously streamlining work in pursuit of growing its service offering in support of achieving ELC’s strategic and business objectives. New site, new team, new opportunity.
Position Overview
This role is critical in providing financial support as part of the OneSource Procure to Pay (PTP) team, responsible for the execution of accounts payables processes, financial reporting, and ad-hoc analysis. Demonstrating a ‘customer first’ attitude, the individual will partner with other functional areas to ensure the accurate and timely delivery of financial services, including but not limited to Invoice Processing, Vendor Account Analysis, Month End Reconciliations, Abandoned Property and AP Recovery Reporting. The candidate will need to demonstrate a strong financial skillset in order to analyze complex business transactions and understand their impact on end financial statements.

ADDITIONAL REQUIREMENTS

• Bachelor’s Degree in Accounting/Finance/Administration preferred
• Minimum Years of Experience: 5+ years
• Proficient in Excel and financial reporting systems; SAP desired
• Fully bilingual in English and Spanish
• Ability collaborate and drive cross-functional consensus and strong communication and presentation skills necessary
• Ability to work under pressure of tight deadlines and to multitask

• Support delivery of financial services, partnering with Third Party Provider in the execution of PTP processes for the North America Region, providing guidance and assistance for day to day accounts payables and reporting activities
• Partner with various departments across the company to develop a deeper understanding of all transactions impact the North America Region processes and reporting, performing root cause analysis to resolve process inefficiencies
• Maintain required reporting, with a focus on working capital and cash forecasting
• Support brand finance teams, Third Party Provider, Procurement operations, and other key stakeholders on changes related to process enhancements
• Execution of financial processes in areas including but not limited to Vendor Account Analysis, Month End & GR/IR Reconciliations, Abandoned Property & AP Recovery Reporting, and Payment Run Processing
• Support Process Transformation, working with various stakeholders to facilitate end to end process review and assessments, identifying opportunities to drive increased harmonization and standardization across brands, departments, and processes
• Foster environment of integrity, monitoring adherence to applicable SOX and Operational controls, facilitating risk assessments & audit control testing
• Supervise the work of PTP Analysts, providing guidance and assistance to team members for day to day activities
• Participate in projects around process redesign, new brand integrations, and system implementations
• Engage in and suggest continuous process improvement ideas
• Ensure that all activities are performed in the most efficient and effective manner possible
  Qualifications