AVP, Luxe Brand Finance

Job Title Assistant Vice President, Brand Finance

3 Available Roles:

• Lancome
• YSL/ Prada/ Miu Miu
• GA/ Valentino

Division: Luxury Division

Location: Hudson Yards, NYC

Who We Are:

For more than a century, L'Oreal 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'Oreal, 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'Oreal 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:

Position Summary:

This position is responsible for developing budgets, tracking actuals and working closely with business partners to achieve financial and business objectives. Other responsibilities include, but are not limited to, the development and implementation of annual business plan, budget/trend and three-year plan, managing accounting, budgeting, and financial analysis functions, overseeing the completion of trends, budgets and forecasts and effectively managing administrative duties for the department.This is an individual contributor role within the brand unit who is responsible for collaborating with the CMO and Commercial pillars. This role represents finance on the brand unit mancom.

Job Responsibilities:

• Responsible for the development and implementation of annual business plan/ budget/ trend and three-year Plan.
• Oversee the timely and accurate completion of all budgets, trends and forecasts.
• Ensure adherence to corporate financial and accounting policies.
• Guarantee accurate presentation of financial results.
• Conduct financial analysis at the highest level to interpret trends, variances from budgets, variances from standards.
• Provide advice and counsel to Division consistent with established financial policy.

• Work closely with Sales teams to gain support and ensure alignment on sales process. This includes work with Commercial team and identifying all known risks/opportunities to adhere to our divisional sales objectives.
• Provide transparency and reporting for promotional discounts and working collaboratively with commercial/sales/GM to deliver sales and discount objectives.

• Analyze and interpret past, present and indicated future results of Division, related to sales, costs, profits and rate of return. Develop follow up controls as needed.
• Manage all accounting, budgeting, financial analysis and financial record keeping functions for Division.
• Assure that accounting records are prepared, maintained and reported in accordance with generally accepted accounting principles and that all ledgers reconcile.
• Approve schedules, procedures, systems and methods to ensure timely, informative and accurate reporting of all financial data. Provide such data and reports to corporation as required and inform Senior Management about financial conditions within Division as necessary.
• Seek ways to improve the financial reporting process and leverage financial information systems.
• Perform those administrative activities necessary for the effective management of the department, including the selection and development of employees, performance management, pay administration, etc.

• Support other special projects as needed.

Education/Experience:

• 10+ years of experience in finance or accounting required
• Bachelor's degree in Finance, Accounting or related field required.

• Understanding the full P&L
• Ability to challenge and influence mancom and senior leaders
• Ability to function well in a matrixed environment
• Experience strategizing with senior leaders both within and outside of Finance

Required Skills:

• Ability to work both autonomously and collaboratively to achieve deliverables
• This role requires regular sharing of inputs and outputs with both finance and non-finance functions (BEST, Central Luxe pillars, supply chain finance, RGM, Accounting)
• 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.
• Financial reporting experience and use of SAP highly desirable.
• Ability to multi-task and thrive in a dynamic, fast-paced work environment.

As an integral part of our culture at L'Oreal, 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'Oreal products as well as VIP Access to L'Oreal's Internal Shop for Discounted Products, and other perks such as Monthly Mobile Allowance, discounted gym memberships, and ERGs.

Additional Benefits Information As Follows:

Salary Range: $147,100 - $213,300 (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'Oreal'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'Oreal, 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 [emailprotected]. 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.