What are the responsibilities and job description for the Director, Finance Transformation position at L'Oréal?
Job Title : Director of Finance Transformation, North America
Division: Corporate Finance
Location: Hudson Yards
Reports To: VP, Finance Transformation
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, 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!
Responsibilities
Job Summary:
Division: Corporate Finance
Location: Hudson Yards
Reports To: VP, Finance Transformation
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, 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!
Responsibilities
Job Summary:
- Report to the VP of Finance Transformation for North America
- Lead Zone/Country implementation on new projects supporting Group Finance Transformation in the following areas
- Transformation Roadmap
- Providing direction and input to help design and implement best solutions for full range of new and highly impactful Transactional Finance projects - Sustainability & Digital acceleration initiatives, Invoice to Pay, New Closing Process/Tool, SAP Upgrade etc.
- Leadership in driving Regional Innovation Lab from US & North America Zone to bring ideas, solutions and testing grounds for use cases on new projects/technologies in collaboration with group.
- Keen eye on Simplicity, process streamlining, and finance operations ways of working
- Transformation Delivery
- Supporting Finance community in training and adaption of new and existing tools and processes as well as continued evolution of embedded core systems (FP&A tool, SAP, Media Management Tool, New Demand Forecasting tool & process)
- Serve as key voice for change management and connection point between central transformation teams and the country and zone finance and accounting teams.
- High profile interactions and presentations with senior leaders in US & North America as well as Paris and central teams.
- Role in ensuring coordination and support for proper Financial data management processes in conjunction with Accounting, Internal Controls, Corp and Division Finance, IT and other relevant functions. Includes evaluating and improving clear process around Cost Center management, Chart of Accounts management and ensuring process and controls around integrity of allocations processes including assessment management in SAP and planning in Compass and other systems.
- Finance community training and support – Key point for support in training and trouble-shooting with finance community around financial planning processes and close processes among others. Helps to ensure clear close processes around use of financial tools and feedback to group for continual improvement.
- Working knowledge of Generative AI and AI prompting
- SAP – Important to have strong understanding but also willingness to learn from others to expand knowledge and facility in key new areas as necessary
- Microsoft Office 365 (Mastering)
- Knowledge of FP&A, i.e. TM/Cognos based financial planning systems
- Ability to collaborate effectively across different levels of the organization
- Teamwork and knowledge sharing
- Ability to communicate effectively to large and small audiences both written and verbal and via presentations (Powerpoint0
- Ability to multi-task and balance special projects with day-to-day support
- Change management experience / Growth mindset
- 10 years’ experience in Finance or Accounting
- BA / BS degree required, preferably in Finance or Accounting. Prior Business Transformation experience a plus
- Must possess strong analytical and problem solving skills; business acumen; leadership skills; oral and written communication skills; and excellent interpersonal skills
- Strong project management skills are essential
- Ability to thrive in a dynamic, collaborative and fast-paced work environment
- Salary Range: $139,700 -$199,100 (The actual compensation will depend on a variety of job-related factors which may include geographic location, work experience, education, and skill level)
- 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 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
Salary : $139,700 - $199,100