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Specialist II-Credit
L'Oreal Dallas, TX
$41k-55k (estimate)
Full Time | Retail 3 Weeks Ago
Save

L'Oreal is Hiring a Specialist II-Credit Near Dallas, TX

Job Title: Specialist ll – Credit

Location: 3434 Altamoore Dr. Dallas, TX 75241

Shift: (Monday – Friday, 9am – 5pm)

Position Overview/Position Responsibilities:

Prompt cash flow is critical to our business. The main responsibility of the Credit Specialist is to ensure funds due to L’Oreal are received as expected. Our Credit Specialists analyze payment trends to determine what is causing delays by account and provide recommendations on how to improve them. If cash is not flowing appropriately, it is the Credit Specialist’s responsibility to understand why. To achieve this, the Specialist must be the expert on their accounts and be able to communicate effectively with both internal and external business partners to resolve any issues that may arise. This role is vital to our organization as the impact and risk associated by shipping with open terms, and collecting payment timely, is essential to L’Oreal’s cash flow.


What we are looking for:

  • College degree or equivalent work experience required.
  • Experience or exposure to Credit or related field is preferred.
  • Proficient skills with Microsoft Suite and Microsoft Office
  • Strong communication skills.
  • Flexibility to work occasional extended hours as required.

Nice to have:

  • SAP & Salesforce experience
  • Ability to work independently – be dependable and reliable self-starter.
  • Strong analytical skills, understanding and developing trends.
  • Ability to manage time effectively and adapt to changing priorities.
  • Ability to handle multiple projects simultaneously with strong attention to detail.
  • Operates with integrity and high ethical standards.
  • Enthusiasm to work in a fast paced, team-oriented environment that values collaboration efforts.


What’s In It For YOU:

  • Safety-centric Environment with Inclusive Mindset & Culture
  • Competitive Pay Profit Sharing
  • Pension Plan 401K w/ Company Match
  • Flexible Time Off: 30 Paid Days Off a Year
  • Full Benefit Package (Medical, Dental, Vision, HSA)
  • Free & Discounted Products @ L'Oréal Company Store
  • Paid Parental Leave

Additional Benefits: Shift Differential & Opportunity for Overtime, Growing business with opportunity for advancement, Vacation purchase plan, Learning & Development Opportunities, Employee Resource Groups, Access to Mental Health & Wellness Programs, Tuition Reimbursement, Clean & Climate-controlled environment

Full Job Description below:

Division: L’OréalDermatological Beauty

Location: Dallas, TX

Reports To: Credit & Collections Supervisor


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 beauty in terms of quality, efficacy, safety, sincerity, and responsibility to satisfy all beauty needs and desires in their infinite diversity.

At L’Oréal Dermatological Beauty, our mission is to help everyone in their quest for healthy and beautiful skin. Our division is the world leader in dermo-cosmetics by adding health to beauty. Our brands portfolio includes CeraVe, La Roche-Possay, Vichy, SkinCeuticals &skinbetter science offering a range of skincare and haircare products to respond to all expectations linked to beauty and health of the skin.


What You Will Learn:

Prompt cash flow is critical to our business. The main responsibility of the Credit Specialist is to ensure funds due to L’Oreal are received as expected. Our Credit Specialists analyze payment trends to determine what is causing delays by account and provide recommendations on how to improve them. If cash is not flowing appropriately, it is the Credit Specialist’s responsibility to understand why. To achieve this, the Specialist must be the expert on their accounts and be able to communicate effectively with both internal and external business partners to resolve any issues that may arise. This role is vital to our organization as the impact and risk associated by shipping with open terms, and collecting payment timely, is essential to L’Oreal’s cash flow.


TASKS, DUTIES & RESPONSIBILITIES

  • Analyze shipment and payment flows, in order to review and release customer’s orders on credit hold.
  • Manage customer’s credit limits and parameters, providing recommendations on next steps when financial situation changes, or based on business needs.
  • Develops reporting as needed to evaluate customer’s credit exposure, and support requests for credit limit increases.
  • Builds partnerships with both internal partners, Customer Service, Sales, Deductions, Treasury, DC and Finance teams, and with their accounts.
  • Provides proactive information to Management when issues arise, by identifying the root cause and provide recommendations on an action plan to follow.
  • Understands the account’s internal payment processes, in order to be able to prepare monthly cash forecasting, timely and accurately, alongside with analysis on drivers for payments made, or missed. Will also use this information to identify improvement opportunities in both, our internal processes, or the account’s behavior.
  • Updates A/R system with status on past due invoices.
  • Develops and executes process improvement projects related to the Credit area.
  • Collaborate with IT, Transportation/Carriers, Sales and Customer Service when invoices have issues that prevents the account to pay on time, in order to understand root cause and drive an action plan to prevent future occurrences.
  • Participates in the customer creation process with Information & Control and Sales departments, leading the credit related fields. Reviews credit applications, analyzes financial statements and reports, and provides recommendation to Management on payment terms and/or credit limits.


What We Are Looking For:

  • College degree or equivalent work experience required.
  • Experience or exposure to Credit or related field is preferred.
  • Proficient skills in Microsoft Office, including Excel, Word, Power Point and Outlook required.
  • SAP & Salesforce experience is preferred.
  • Ability to work independently – be dependable and reliable self-starter.
  • Excellent analytical skills, understanding and developing trends.
  • Ability to manage time effectively and adapt to changing priorities.
  • Ability to handle multiple projects simultaneously with strong attention to detail.
  • Strong communication skills.
  • Operates with integrity and high ethical standards.
  • Enthusiasm to work in a fast paced, team oriented environment that values collaboration efforts.
  • Flexibility to work occasional extended hours as required.


COMPETENCIES

  • Analytical – ability to analyze large data sets and conduct root cause investigations
  • Interacts effectively – ability to influence internal and external stakeholders
  • Achieves results – pursues objectives with drive & stays proactive
  • Innovation – questions the status quo, thinks outside of the box, and has the ability to implement solutions independently
  • Manages complexity and demonstrates entrepreneurship – takes initiative, makes decisions independently, and able to manage changing priorities
  • Displays sensitivity to the L’Oreal Métier and demonstrates excellence – focuses on completing work accurately and with high quality


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)
  • Learning & Development Opportunities for Career Progression (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 Assist Quality Manager on new CM on-boarding process, 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.

Videos:

https://www.youtube.com/watch?v=l3deqfpSz-s

https://www.youtube.com/watch?v=iH-IPLnwxF4

https://www.youtube.com/watch?v=toJYgrOFAKg

https://www.youtube.com/watch?v=Dq_fFzUqwSY

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Job Summary

JOB TYPE

Full Time

INDUSTRY

Retail

SALARY

$41k-55k (estimate)

POST DATE

05/09/2024

EXPIRATION DATE

07/08/2024

WEBSITE

loreal.co.uk

HEADQUARTERS

LONDON

SIZE

3,000 - 7,500

FOUNDED

1932

CEO

VIANNEY MARIE HUGUES DERVILLE

REVENUE

$1B - $3B

INDUSTRY

Retail

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