Location: Canada
State/Province/City: British Columbia
City: Vancouver
Business Unit: Store Support Centre (SSC)
Senior Director, Strategic FP&A and Fuel for Growth
Description & Requirements
who we are
lululemon is an innovative performance apparel company for yoga, running, training, and other athletic pursuits. Setting the bar in technical fabrics and functional design, we create transformational products and experiences that support people in moving, growing, connecting, and being well. We owe our success to our innovative product, emphasis on stores, commitment to our people, and the incredible connections we make in every community we're in. As a company, we focus on creating positive change to build a healthier, thriving future. In particular, that includes creating an equitable, inclusive and growth-focused environment for our people.
about the team
FP&A is responsible for planning and managing lululemon's overall financial performance. We are an amazing team of passionate, active and dedicated leaders who are counted on as a key business partner in strategic and operational decisions. We provide a tremendous opportunity to learn about the various operations within lululemon, working often in cross-functional teams on a variety of projects. You will be able to add value immediately, see the big picture, and develop a business and finance skill set that you can leverage in your future roles within the organization. We are a stand for high quality work, driving high quality results and living a high quality life.
a day in the life
The Senior Director will serve as a thought leader and partner to the FP&A team and the broader CFO organization (Strategy, Enterprise Planning, Corporate Development). The Senior Director will lead and coach both a direct team, as well as multiple cross-functional work-streams working closely with leaders across the business.
- Responsible for the creation and execution of the 5-year Long range financial plan which support our strategic and financial goals.
- Lead finance partner to elevate process/ framework and provide thought partnership and ad-hoc support to our key stakeholders
- Assess and analyze market trends, industry developments, and financial implications to support informed decision-making and targeting
- Steer the company towards sustainability and environmental impact goals and lead finance partner in strategic plan to meet our commitments
- Delivery of Fuel for Growth (FFG) program with responsibility for delivering ambitious margin improvement for lululemon globally.
- Accountable for scoping and laying the foundations for the FFG workstreams with value delivery target in FY25 and beyond.
- Including: program leadership and governance; tracking and reporting of FFG initiatives towards targets and KPIs; and continuous ideation/ evaluation of new opportunities to integrate into the program.
- Primary financial partner to corporate development workstreams including business development and sustainability financing
- Optimize ROIC (Return on Invested Capital) metrics for performance evaluation
- Leverage experience in integrated retail to bring industry-specific insights and best practice
- Consulting experience a plus
qualifications
- Bachelors degree in Economics, Commerce, Business Administration, or similar; MBA or CPA preferred
- 10+ years of experience, preferably in management or financial consulting, or equivalent experience with internal function within a large corporation.
- Experience in capital structure metrics, market analysis, and valuation strategies.
- Strong analytical and problem-solving skills and exceptional business acumen.
- Ability to work with limited direction, usually within a complex and changing environment.
- Excellent communication and interpersonal skills
must haves
- Acknowledge the presence of choice in every moment and take personal responsibility for your life.
- Possess an entrepreneurial spirit and continuously innovate to achieve great results.
- Communicate with honesty and kindness and create the space for others to do the same.
- Lead with courage, knowing the possibility of greatness is bigger than the fear of failure.
- Foster connection by putting people first and building trusting relationships.
- Integrate fun and joy as a way of being and working, aka doesn’t take yourself too seriously.
Additional Notes
Authorization to work in Canada is required for this role.
Authorization to work in Canada is required for this role.
Compensation and Benefits Package
lululemon’s compensation offerings are grounded in a pay-for-performance philosophy that recognizes exceptional individual and team performance. The typical hiring range for this position is from $187,400 - 246,000 annually; the base pay offered is based on market location and may vary depending on job-related knowledge, skills, experience, and internal equity. As part of our total rewards offering, permanent employees in this position may be eligible for our competitive annual bonus program and equity offerings, subject to program eligibility requirements.
At lululemon, investing in our people is a top priority. We believe that when life works, work works. We strive to be the place where inclusive leaders come to develop and enable all to be well. Recognizing our teams for their performance and dedication, other components of our total rewards offerings include support of career development, wellbeing, and personal growth:
- Extended health and dental benefits, and mental health plans
- Paid time off
- Savings and retirement plan matching
- Generous employee discount
- Fitness & yoga classes
- Parenthood top-up
- Extensive catalog of development course offerings
- People networks, mentorship programs, and leadership series (to name a few)
Note: The incentive programs, benefits, and perks have certain eligibility requirements. The Company reserves the right to alter these incentive programs, benefits, and perks in whole or in part at any time without advance notice.
workplace arrangement
This role is classified as Hybrid under our SSC Workplace Policy:
In-person collaboration is important, and much of the role can be performed remotely. Work is performed onsite at least 3 days per week.
#LI-ybrid #LI-ME1
Only those applicants under consideration will be contacted. Please accept our utmost appreciation for your interest. lululemon is an Equal Employment Opportunity employer. Employment decisions are based on merit and business needs, and not on race, color, creed, age, sex, gender, sexual orientation, national origin, religion, marital status, medical condition, physical or mental disability, military service, pregnancy, childbirth and related medical conditions or any other classification protected by federal, state or provincial and local laws and ordinances. Reasonable accommodation is available for qualified individuals with disabilities, upon request. This Equal Employment Opportunity policy applies to all practices relating to recruitment and hiring, compensation, benefits, discipline, transfer, termination and all other terms and conditions of employment. While management is primarily responsible for seeing that lululemon equal employment opportunity policies are implemented, you share in the responsibility for assuring that, by your personal actions, the policies are effective.
lululemon is committed to providing reasonable accommodation to applicants with disabilities. If you would like someone from our team to contact you for individualized support, email us ataccommodations@lululemon.com. In your email, please include the position title, the location of the position and the nature of your request.