Position Summary

The financial planning and demand planner role will be responsible for leading the forecasting (volume, gross sales, etc.) of demand for our products across our North American brands and developing a best-in-class, upgraded approach.  This is a critical role as it’s the foundation for developing the Company’s financial forecast, and forecast effectively supporting our sales & operations planning for production and managing inventory. The role will be highly visibility and interact with multiple executives across marketing, sales, finance and operations.  This position will also periodically support, time permitting, the VP finance in other finance activities – COGS costing, marketing and innovation finance, sales finance, etc. The company is based in Bridgewater, NJ. We work a hybrid schedule with 4-6 in office days each month. We are open to remote candidates with the right level of experience.

Responsibilities

Manage overall demand planning process

Lead analytics to develop volume and gross sales forecasting on monthly basis

• Develop, analyze consumption data to develop POS/consumption forecasts by SKU/Brand/Customer
• Develop, analyze inventory levels and changes to develop “shipped” volume and gross sales forecasts for Advantice
• Ensure volume forecasts account for appropriate trade, promotional and advertising campaigns, as well as innovation and competitive activity
• Evaluate, over time, more advanced statistical approaches to forecast demand

Develop and maintain analytical forecasts models and support migration to automated software system/tool from solely excel based model – be proficient in system/tool

Collaborate, partner and support key business stakeholders

• Collaborate with operations to feed demand plan into sales & operations planning process 
• Collaborate/partner with finance to provide volume and gross sales forecasts into overall financial forecasts and visibility tracking
• Collaborate with marketing (i.e., brand managers, amazon team, etc.) and sales to develop forecasts and support their business planning

Provide reporting, dashboards and analysis to understand results, variances and trends related to demand patterns and insights

Refining systems/tools and methods to improve forecasts in order to better anticipate customer needs

Address demand-related issues in a timely and effective manner

Provide additional ad hoc financial planning and analysis support, as appropriate and possible 

Qualifications

Degree in finance, mathematics, engineering or statistics

Strong mathematical and statistical knowledge

Advanced excel and other forecasting tools

Ability to build, upgrade and improve processes and tools vs. leveraging existing tools/processes

Minimum of 3 years' experience in a demand planning/forecasting/finance role

Solid understanding of inventory management practices and procedures

Capability to multitask in a fast-paced environment

Excellent written and verbal communication skills

Ability to collaborate, work cross functionally and develop strong trust and interpersonal relationships

Experience in consumer goods industry a plus

About Advantice Health

Advantice Health is a leading, up-and-coming consumer health company transforming skin-health for the better with scientifically proven products. The Company provides a range of therapeutic products through leading brands across categories such as footcare, nail care, body, and first aid, among others.  The Company markets its products under leading brands like Kerasal, AmLactin, Dermoplast, Triplepaste and New Skin. Advantice sells over-the-counter products sold through traditional retail, wholesale and e-commerce customers like Target, Walmart, CVS, Walgreens, Amazon, among others.  

Advantice deploys and benefits from an asset light, high-margin business model which helps reduce operational complexity and sets the business up to scale more easily.  For example, manufacturing of key products is outsourced to a group of co-manufacturing partners, while sales & distribution is largely handled by a strategic partner.  Today, the Company is largely North American based, although has a small international business with significant whitespace potential.

Advantice Health is a relatively new company, having formed in 2019 through the carve-out of key brands from a Swedish pharmaceutical company, and the subsequent acquisitions of AmLactin and Triple Paste. In April 2022, TA Associates, a leading private equity firm with a significant consumer practice, acquired the Company.   Advantice is headquartered in Bridgewater, NJ.

Advantice’s website is www.advanticehealth.com