Sr Manager- R&I Finance

Position Overview

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.

Key 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.

Required Qualifications

• 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.

Preferred Qualifications

• MBA preferred

Benefits & Perks

• 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