AVP- Indirect Sourcing Finance

Division: Operations

Location: Berkeley Heights, New Jersey

Reports To: SVP- Finance Operations

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:

This role is responsible for providing full financial support to the Indirect Sourcing Organization for North America (including the Marketing & Media, Retail & Promo, Logistic and Industrial Services, Business Services and IT Domains) on methodology, performance validation, reporting and networking within the finance community.

• Act as a Business Partner

1. Provide analytical guidance & economic expertise in developing and implementing sourcing strategies and plans
2. Support the delivery of all relevant financial objectives in compliance with the Group guidelines
3. Develop a close relationship with the key business stakeholders & colleagues to anticipate risks and opportunities so to optimize the spend and project performance
4. Participate in building the business plans of all main Regional Indirect Sourcing Projects
5. Contribute with the Regional Indirect Sourcing Head to develop ROI / Value Creation visibility

• Drive and Control the Indirect Sourcing Spend & Economic Project Performance

At a Regional Indirect sourcing level:

1. Consolidate and report to Management the North America Zone Budget, Trend and Actuals for both Indirect Sourcing Performance and Spend
2. Partner with Controllers across the organization to drive Cost Reduction impacts to the P&L
3. Maintain the Indirect Sourcing Reserve process for North America ensuring full P&L visibility of Cost Reduction impacts throughout the Budget and Trends
4. Own the North America Zone Indirect Sourcing Finance calendar
5. Analyze the gaps, check data consistency, challenge results, identify risks / opportunities and propose corrective actions if needed
6. Train & support the countries teams on calculating the economic performance of projects in adherence to globally established norms
7. Contribute to the continuous improvement & data quality maintenance of the sourcing/financial applications & systems to keep developing the teams Efficiency and Simplicity

At an operational Indirect Sourcing level (category purchasing teams):

1. Ensure consistency and integrity of all the data reported to internal stakeholders & align on financial targets and actual results between Sourcing and the Business/Finance
2. Follow-up the financial impacts of the regional key initiatives / projects and evaluate results
3. When applicable, calculate & monitor other key performance indicators in coordination with the sourcing teams

At an operational Canada Indirect Sourcing level:

1. Partner with the head of Indirect Sourcing in Canada and direct the activities of the Canada Indirect Sourcing Finance Controller

• Guardian” of internal control and compliance

For both perimeters, regional and operational:

1. Ensure compliance with management, accounting, and economic rules & regulations
2. Contribute to the respect and improvement of internal control practices – with a special focus on supplier financial risk identification
3. Follow-up and contribute to the implementation of internal audit & internal control action plans

• People Management

1. Responsible for the management of 2 Controllers – Manager / Director level (development, coaching, day to day activities etc.)

What We Are Looking For:

Required Qualifications:

• Bachelor’s degree in Finance, Accounting or related field
• 10+ years of experience in finance or accounting required including supervisory/ management experience
• Must possess strong analytical and problem-solving skills, business acumen, leadership skills, oral and written communication skills, and excellent interpersonal skills
• Strong computer skills required; must have expert-level experience with Excel and Powerpoint
• Ability to thrive in a dynamic, fast-paced, work environment and multi-cultural, matrix organization

Preferred Qualifications:

• MBA Preferred
• Consumer products background preferred.
• Sourcing or Supply Chain background preferred
• Financial reporting experience and use of SAP or similar systems highly desirable

L’Oréal Competencies:

Strategic vision:

• Embraces complexity and anticipates what is needed
• Always has the big picture in mind
• Ability to think 2, 3 or more moves ahead
• Inspires the team to follow the Sourcing vision and generate ways to achieve the vision

Leadership:

• Demonstrates managerial courage
• Is comfortable in managing diversity, intercultural differences, differences of opinions
• Engages and empowers teams and colleagues around shared objectives and responsibilities; persuades and gains support
• Demonstrates a high level of resilience and an ability to bounce back
• Builds effective teams, creates a climate in which people want to do their best, helps others to succeed, develops talents

Ambition:

• Displays a desire to broaden responsibilities
• Constantly seeks to learn and progress; enjoys and performs well under first time conditions
• Demonstrates a sense of collective interest, and an ambition for the business and teams
• Entrepreneur: spurs him/herself on, explore new paths, undertakes projects, enjoys the challenge of unfamiliar

Judgement

• Has a feel for timing
• Self aware
• Adheres to the L’Oréal ethical principles and acts and rewards accordingly
• Makes the right choices in uncertain and complex situations, navigates ambiguity
• People smart: makes quick and mostly accurate judgments about people, spots talent quickly

Cooperation

• Designs working methods and performance criteria that foster collaboration
• Recognizes and rewards collective achievement
• Engages and empowers teams and colleagues around shared objectives and responsibilities; persuades and gains support

What’s In It For You:

• 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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