Job Information
The Estee Lauder Companies ED, Account Lead, Department Store, EL NA in New York, New York
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.
Description
Strategic Responsibilities
Deep understanding of retailer and local market nuances to develop and set overall account strategy that guides category priorities, marketing campaigns, assortment, merchandising, promos/GWP/sets, events and all other parts of the business
Develops full calendar of tailored activities for retailer and retailer.com, leveraging overall brand category and marketing objectives and ensuring correct coordination and resource allocation between B&M and .com
Negotiates seasonal stock & sales plans with input from Account & Sales Planning
Negotiates strategic expansion within Accounts to grow market share and achieve retailer priorities. Partner with HOS for new distribution execution.
Develop and execute Seasonal freelance strategy across all accounts to meet business needs, maintain profitability and maximize ROI. Partner with finance, Account leads and HOS for seamless execution. Set Seasonal strategy and manage budget ($4M) at for monthly/quarterly spend. Evaluate brand productivity across retailers and the region to set productivity targets and allocate spend accordingly to meet FY sales and eventing targets. Lead across all accounts and partner with Account leads to drive key moments.
Lead Top Door Strategy across all accounts to drive incremental. Partnering with Account Leads to maximize execution at each account and identify new test and learn opportunities to differentiate and accelerate Top doors.
Marketing Responsibilities
Partner with marketing and catalyst teams to ensure that the right marketing activities (co-op, digital et.) supports the objectives of the brand.
Drive and communicate retailer needs with marketing to identify new opportunities and maximize programming. Focus on new customer acquisition opportunities.
Works extremely closely with Account, Marketing and Trade teams to ensure strong business decisions on marketing, assortment, stock levels, sampling, sets, exclusives and gifts tailored to retailers’ customers
Ensures strong visual presence in store, in local market and on retailer.com (e.g., outposts, consistent secondary exposure, merchandising)
Business Responsibilities
Owns P&L by account and must negotiate in order to maximize ROI, while hitting annual targets (retail sales, net sales, demo, co-op, freelance, promo, GWP, sets, capex). Review Account and Door P&Ls seasonally (provided by finance) to analyze outliers and ensure more profitable & productive doors
Manage budget to drive profit while directing resources to most efficient and effective growth drives
Work closely with internal and retailer planning and supply chain teams to ensure demand plan is accurate and maintain high fill rate
Review door profiles with input from planner and the field to determine door level allocations
Owns and develops annual Capitol strategy and budget across accounts. Partner with cross-functional to align retailer priorities, execution and accurate financial submissions.
Negotiates overall demo (including freelance) investment with retailer and monitors productivity/effectiveness (e.g., hour utilization, open positions) monthly and communicates to field; sets total investment for field to allocate and execute by door
Leads Account Management communication to the field teams, to drive business and account priorities and maximize execution. Partner with HOS to lead processes across accounts to support field needs and execution in store to drive sales.
Qualifications
Qualifications:
10-15 years of experience
Strong relationship builder and negotiator
Excellent presentation and communication skills
Strategic thinker with clear brand strategy
Extensive business and financial acumen (P&L management, business drivers, growth, standard analyses)
Solid account management understanding
Strong project management with attention to detail
Advanced proficiency in Microsoft Office (Word, Excel, PowerPoint)
Domestic travel within the US required
Pay Range:
The anticipated base salary range for this position is $154,000.00 to $264,750.00 . 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,
The Estée Lauder Companies offers a variety of benefits to eligible employees, including health insurance coverage, 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 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.
Michigan 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 Law (https://www.phila.gov/media/20240326142036/V6-Fireball-Handout-fairchance-E-S.pdf)
Rhode 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.
Equal 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.
The Estee Lauder Companies
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