Senior Manager, Finance Operations

Division: Operations Finance

Location: Clark, NJ

Reports To: Director, Operations Finance

Who We Are:

For more than a century, L’Oréal has devoted its energy, innovation, and scientific excellence solely to one business: Beauty. Our goal is to offer each and every person around the world the best of beautyin terms of quality, efficacy, safety, sincerity and responsibility to satisfy all beauty needs and desires in their infinite diversity. !

At L’Oréal, our Finance teams turn data into insights and risk analysis into solutions while ensuring the Group’s financial performance is top notch. We have a diverse range of expertise at L’Oréal Finance, including Financial Planning & Controlling, Internal Audit, Mergers and Acquisitions, Treasury, Tax and Consolidation. We bring numbers to life! Come join our dynamic team!

What You Will Do:

The Finance manager plays a critical role in supporting business decision-making by providing timely, accurate, and insightful financial analysis. They will conduct financial modeling, financial consolidation, forecasting, budgeting, and reporting, while identifying trends and opportunities for improvement.

Essential Functions/Responsibilities:

• Month-End Activities: Perform essential month – end close procedures, including:
  • Journal Entry preparation for Fusion to upload into Blackline
  • Reporting: Prepare month-end financial reports and presentations for senior management.
  • Variance Analysis: Analyze actual results explaining variances and identifying potential issues.
  
  
• Financial Modeling and Analysis: Maintain and Develop financial consolidation models to evaluate SG&A and PEC performance and able to identify areas of risk/opportunities.
• Budgeting: Participate in the annual budgeting process in Compass and manage the Allocation Keys and Methodology for allocating to relevant entities.
• Forecasting: Develop and forecast trends using compass and communicate resulting cost allocation to relevant entities. Provide monthly R&O (Risk & Opportunities) landing updates to manufacturing sites, reflecting all plant-incurred costs.
• Collaboration: Collaborate with cross-functional teams to gather data, understand business needs, and provide financial support specifically with HR and Salary Planning. Generate and review monthly departmental SG&A reports (Budget/Trend vs. Actuals, PEC analysis) with respective
  department heads.
• Process Improvement: Identify opportunities to improve financial processes and implement best practices regarding SGA & PEC Reporting. Creation of a consolidated PEC view across total Operations both Supply Chain and Manufacturing.
• Manage approval process for MyMarket Purchase Orders, Vendor Workflows, Fieldglass Temp StaffRequests, and CERs related to CAPEX.
• Management of NOE BU. Including working with Global Teams to align on HC, plan Trends/Budgets in Compass, and cost reinvoicing through IRIS/Titan.
• CAPEX reporting and tracking in CRS.

Competencies/Skills:

• Strong analytical skills: Ability to analyze complex data and draw meaningful conclusions.
• Financial reporting experience and use of SAP, Compass,or similar systems highly desirable.
• Proficient in Microsoft Office: Especially Excel, PowerPoint, and Power BI
• Accounting knowledge: Understanding of accounting principles and financial statements.
• Communication skills: Excellent written and verbal communication skills, including the ability to present complex information clearly and concisely.
• Attention to detail: Accuracy and thoroughness in financial analysis and reporting.
• Organizational skills: Ability to manage multiple projects and deadlines effectively.
• Must have the ability to interact with all levels of management and multiple business units.

Required Education and Experience:

• Bachelor’s degree in Finance, Accounting or a related field.
• Minimum of 7 years related work experience.
• Strong Computer skills required.
• Relevant certifications (e.g., CFA, CMA, CPA) are a plus.
• Must have the ability to thrive in a dynamic, fast – paced work environment.

As an integral part of our culture at L’Oréal, wellness is at our core. We not only offer a generous Benefits Package(Medical, Dental, Vision, 401K), we also offer flexible time off, work from home days, and a pension plan! Additionally, you will have access to company perks such as Makeup, Skincare, and Fragrance! Employees receive a stipend for L’Oréal products as well as VIP Access to L’Oréal’s Internal Shop for Discounted Products, and other perks such as Monthly Mobile Allowance, discounted gym memberships, and ERGs.

Additional Benefits Information As Follows:

• 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

Don’t meet every single requirement? At L’Oréal, we are dedicated to building a diverse, inclusive, and innovative workplace. If you’re excited about this role but your past experience doesn’t align perfectly with the qualifications listed in the job description, we encourage you to apply anyways! You may just be the right candidate for this or other roles!

We are an Equal Opportunity Employer and take pride in a diverse environment. We would love to find out more about you as a candidate and do not discriminate in recruitment, hiring, training, promotion, or other employment practices for reasons of race, color, religion, gender, sexual orientation, national origin, age, marital or veteran status, medical condition or disability, or any other legally protected status.

If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to access job openings or apply for a job on this site as a result of your disability. You can request reasonable accommodations by contacting [email protected] . If you need assistance to accommodate a disability, you may request an accommodation at any time.

Our Safe Together Plan: Your safety is our highest priority. We will proceed with caution and adhere to enhanced protection standards to ensure our sites are safe for all employees. We must all operate with the shared responsibility for each other’s health & safety in mind.

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