Sr Manager- R&I Finance
About the position
The Senior Manager of Finance for Research & Innovation (R&I) at L'Oréal plays a crucial role in supporting the company's R&I transformation, particularly in the Hair Métier. This position is responsible for providing financial leadership, driving value creation, and ensuring the financial health of the R&I P&L and balance sheet. The role involves strategic decision-making, financial reporting, budgeting, forecasting, and stakeholder management, all aimed at maximizing ROI and contributing to L'Oréal's overall innovation strategy.
- Responsibilities
- Oversee the monthly financial close process for the R&I department, including preparing journal entries and performing variance analysis. ,
- Collaborate with local and global métiers to develop accurate budgets and forecasts aligned with the R&I transformation roadmap. ,
- Identify and analyze opportunities for value creation within the R&I transformation. ,
- Partner with local and global métiers to assess financial risks and opportunities, developing mitigation strategies as needed. ,
- Maintain a clean and accurate Goods Receipt/Invoice Receipt (GRIR) balance by resolving discrepancies and managing outstanding purchase orders. ,
- Provide mentorship and training to management trainees and interns in the department. ,
- Lead and participate in strategic financial projects to enhance the efficiency and value creation potential of the R&I department. ,
- Build and maintain strong relationships with key stakeholders across the organization.
- Requirements
- Bachelor's degree in Finance or Accounting. ,
- 5+ years of experience in finance or accounting. ,
- Proven track record of success in a financial management role, preferably within the consumer goods or beauty industry. ,
- Deep understanding of financial reporting principles and practices. ,
- Strong analytical and problem-solving skills. ,
- Excellent communication and interpersonal skills. ,
- Proficient in Microsoft Excel, SAP, and PowerBI. ,
- Ability to thrive in a dynamic, fast-paced environment.
- Nice-to-haves
- MBA preferred
- Benefits
- Competitive Benefit Package (Medical, Dental, Vision, 401K, Pension Plan) ,
- Hybrid Work Policy (3 Days in Office, 2 Days Work from Home) ,
- Flexible Time Off (Paid Company Holidays, Paid Vacation, Vacation Buy Program, Volunteer Time, Summer Fridays & More!) ,
- Access to Company Perks (VIP Access to L'Oréal's Internal Shop for Discounted Products, Monthly Mobile Allowance) ,
- Learning & Development Opportunities (Unlimited Access to E-learnings, Lunch & Learn Sessions, Mentorship Programs, & More!) ,
- Employee Resource Groups (Think Tanks and Innovation Squads) ,
- Access to Mental Health & Wellness Programs
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