JAFRA COSMETICS INTERNATIONAL, INC. 2451 Townsgate Road Westlake Village, CA 91361 805.449.3000 POSITION DESCRIPTION POSITION TITLE: REPORTS TO: DEPARTMENT: Sr. Business / Financial Analyst VP, Finance Worldwide Finance PRIMARY FUNCTION: The Sr. Business Analyst is responsible for the continuous improvement of successful Project Portfolio Management (PPM) and Strategic Costing for new product development. This will include supervising all investment projects through a formalized governance framework for tracking, allocating, and effective management of the related investments within the scope of PPM before, during, and after the deliverables have launched. Strategic and tactical projects are the main method of initiating and delivering organizational changes which are required to achieve company objectives. The Business Analyst must be execution-focused to ensure that project portfolio definition (doing the right things) and delivery cycles (doing the things right) are implemented in accordance to best management practice Management of Portfolios and in alignment with the Vorwerk Group guidelines (e.g. PRINCE2). ESSENTIAL DUTIES AND RESPONSIBILITIES: Effective collaboration with business partners across the organization working directly with the markets to develop complete and value driving project evaluations. This will include assisting with the framework, challenging assumptions, and ensuring ROI calculations (math) are accurate. Develop or assist with post-mortem evaluations to demonstrate that the projects delivered the required ROI, as defined in the original project submission.
Required to deliver strategic cost analysis that drives insight and value into the new product development process. This includes collaborating across the organization to capture cost and investment information for new products, and validating assumptions for net operating profit and break-even assumptions, as well as testing assumptions and developing sales forecast models for new product launches, product life-cycles, pricing, and testing and validating other key elements. In addition to the PPM function, must take on business analysis / analytics based projects. These projects will be ad hoc in nature but will require acquisition of deep knowledge surrounding the business issues, markets, and financial / operational impacts to ensure that the outcome of those projects delivers high value actionable insights. Examples include assisting with the business intelligence solution, executive dashboard reporting, and management reporting. Principle Responsibilities: Project Portfolio Performance Management Ensure that projects are run and are performing according to the Prince2 methodology and that consistent feedback is provided through agreed project governance channels. This includes working closely with existing Project Boards and Project Management teams to encourage their active participation in the project governance process. Portfolio Risk Management Conduct an analysis of the risk sensitivities residing within each project, as the basis for determining confidence levels across the portfolio. ROI Assessments and Project / Business Valuations for PPM Projects o Before project / product launches o Post-mortem assessments to validate ROI Strategic Costing Analysis o Validating and testing assumptions for new product development costs and breakeven analysis, based on net operating profit o Providing strategic and tactical support for Marketing on new product development and overall launch impacts to the financial statements (sales and profit) Ad Hoc Business and Financial Analysis / Analytics o Building sensitivity models in Excel for advanced analysis o Preparing PowerPoint presentations with findings and recommendations o Collaborating with IT to dive into core databases for extracting key insights o Supporting WW Finance on Strategic & Contingency Planning, Forecasting, and Budgeting o Supporting WW Finance on assessments that will help us better understand movements in KOI s and other key metrics o Supporting the implementation of the data warehouse Primary Goals and Objectives During the first 90 days, the Business Analyst will be expected to achieve the following:
Gain a deep knowledge of the PPM / Prince2 functions and related requirements to ensure high execution the administration of the program Review and assess current PPM financial models used for ROI evaluation and recommend changes to improve ease of use format, transparency, and accuracy Collaborating with markets, perform post-mortem assessments on completed, high impact projects to validate if they achieved the required ROI within an acceptable level Develop a strategic quadrant for determining where PPM projects reside from a value perspective Driving significant improvements in the new product costing process. This includes managing the flow of product costs and the fundamental business assumptions that impact product costs, new product launches, and also projections for new product review sessions (i.e. net impacts to sales for new launches, including the effects of cannibalization or replacement) Perform ad hoc financial analysis on projects assigned by the VP WW Finance - this includes ensuring assessments are completed in a timely manner, assumptions are validated, and the math behind the evaluations are accurate to ensure that we deliver quick wins to the organization Assist the WW Finance and Marketing teams with developing a world-class business analytics / reporting environment this may include validating assumptions behind business intelligence systems, creating reporting formats for dashboards that are to be automated, and developing creative interactive dashboards for generating quick insights During the next six months to one year, the Business Analyst will be expected to achieve the following: Drive to a high level of execution on ad hoc projects assigned by the VP WW Finance this includes having deep knowledge of the systems, software applications, and tools required to turn questions into key insights within a very short period of time Improve the overall effectiveness of the PPM environment this includes developing advanced financial / business valuations to support a complete and thorough evaluation of PPM projects submitted, including the effects of risks and opportunities both internal and external to Jafra Become a go to person across Jafra for having a deep understanding of the business and its market and having a strong track record of delivering high value information to the organization and collaborating with key members of the Jafra team Develop a ninja-like skillset and tackling projects across markets to continually drive insights into the business for improved transparency, learning, and increased top and bottom line performance All other duties as assigned
QUALIFICATIONS: Education: Experience: BA/BS in one of the following concentrations: Finance, Economics, Business Administration, Mathematics or Engineering; MS (business) or MBA preferred 7+ years of professional finance / business / marketing analytics experience in medium to large company environments, with international operations, preferably in Manufacturing / Consumer Products Skills: Strategic thinker but detailed operator with a record of demonstrating solid judgment, planning and accomplishing goals Excellent analytical and financial / complex modeling skills Superior written, negotiation, presentation, and verbal communications Able to operate in a fast-paced organization and handle multiple projects simultaneously Ability to very effectively incorporate data from multiple sources including sales, inventory, product, and customer / consultant databases to create integrated views that can be used to drive decision making Proficient in basic programming languages for data extraction, with the ability to quickly learn from others Advanced in MS Excel (formulas, pivot tables, macros, etc.) Experience with qualitative / quantitative analytics, strong mathematical / statistics background preferred Experience working with business intelligence, ERP, and CPM (planning) systems
COMPANY OVERVIEW J AFRA has been a part of the direct selling and cosmetics industry since 1956 when a California couple, Jan and Frank Day, began a mission to enable women to realize their full potential through independent sales of quality beauty products. In March 2004, JAFRA joined the Vorwerk Group, a 132-year-old, German-based international direct sales company of superior products for the home, with 2014 sales above EU 2.7B. Today, JAFRA is a multilevel direct sales company with approximately 2,200 employees worldwide, and has over 550,000 independent consultants internationally. JAFRA has sales of over $500M. JAFRA creates 99% of product formulations in-house with a dedicated R&D team. We manufacture approximately 98% of our products in our state-of-the-art manufacturing facility in Queretaro, Mexico. At this manufacturing facility we employ approximately 900 of our 2,200 workforce. JAFRA s product development philosophy is to combine the best of science and nature and bring the finest of both to Consultants and consumers, striving to ensure that every product is effective, safe, and of the highest quality. JAFRA strives to work with environmentally responsible companies and does not use animals in the testing of products. The R&D team works with researchers worldwide to stay up-to-date on new discoveries and technologies with the potential to positively affect JAFRA s product line. The result is products with performance that meet consumer preferences. JAFRA is committed to transforming the lives of millions of women around the world. With a JAFRA business of their own, women around the world are achieving financial and personal goals. The JAFRA Executive Committee is a diverse group of men and women in leadership experience, bringing an in-depth knowledge of the consumer products and direct selling industry to the table. Each has a wide-ranging and unique business background with a strong belief in JAFRA s Mission, Vision and Values. COMPANY CULTURE JAFRA is building an exciting future by creating an Above & Beyond! Culture based on five key behaviors we expect from everyone: 1) create the future, 2) innovative and fast, 3) take risks be entrepreneurial, 4) always raise the bar, 5) lead or be part of engaged, passionate, and empowered teams. We work towards a common goal: giving women the freedom to be themselves! Detailed information on the Vorwerk Group, including the 2014 Annual Report, can be found online at www.vorwerk.com.