Finance Manager

We are EssilorLuxottica, a global leader in the design, manufacture and distribution of ophthalmic lenses, frames and sunglasses. Formed in 2018 by the combination of Essilor and Luxottica, our Company combines two centuries of innovation and human endeavour to elevate vision care and the consumer experience around it. We are home to the most loved and widely recognized vision care and eyewear brands in the world. Our proprietary eyewear brands include Ray-Ban, Oakley, Costa, Vogue Eyewear, Persol and Oliver Peoples, complemented by over 20 prestigious licensed brands. Our advanced lens technologies include Varilux, Crizal, Eyezen, Stellest and Transitions. We offer superior shopping and patient experiences with a network of 18,000 stores including world-class retail brands like Sunglass Hut, LensCrafters, Salmoiraghi & Viganò and GrandVision. Every day, EssilorLuxottica’s 180,000 employees in 150 countries work towards a common mission to help people see more and be more. In 2021, the Company’s milestones included a collaboration with Meta to launch Ray-Ban Stories smart glasses; the acquisition of GrandVision bringing 39,000 new employees into our family; expansion of our International Employee Shareholding community, and the launch of Eyes on the Planet, our strategic approach to sustainability.

About The Role

Head of subsidiary finance department, responsible for managing a team with scope of accounting, credit, fiscal, budgeting/forecasting activity and HR operational activity. Key objectives of the role

• Execute accurate analysis supported by for driving business performance, supporting strategic priorities and minimizing risks
• Drive value within the business through margin review, optimizing expenses, with operational efficiencies
• Managing relationship with hub finance department, auditors, consultants, tax authorities
• Comply with internal and external policies and legal requirements
  
  

• Submission of monthly IFRS reporting package + Quarterly Rep Letter to HQ granting accuracy of IFRS package overview of accounting processes and routine, definition of accruals and releases, variance analysis vs LY and budget, BS reconciliation review and approval
• Local statutory submission, providing all information to external auditors to obtain clean audit opinion, submission of annual Tax Return
• Preparation of Monthly report and MBRs (analysis of results & recommendations for business decision-making)
• Weekly, monthly, quarterly forecasting as well as Annual Budget submission
• Provide insights about spending trends, cost-savings initiatives, and margin opportunities
• Overview Vendor and Customer negotiation, agreements compliance with internal and external requirement, cash flow optimization, respect payment procedures to balance with punctuality in payments, overviewing debt collection from customers and manage risks optimization
• Ensuring respect of internal controls procedure
  
  

• Master Degree preferably in Finance
• Management control background - 5-10 years’ experience in budgeting, forecasting, variance analysis of actuals
• Managerial experience
• Multinational Wholesale environment experience
• Comfortable working in a matrix international organization
• Analytical & business-oriented profile
• Very good interpersonal skills
• Strategic thinking
• Fluent English
• Very good command of MS Office
• Work permit necessary
• CPA preferable
• Hebrew knowledge will be an asset