L'Oreal - Junior Controller - Finance - CA

Junior Controller

The world leader in cosmetics, L'Oreal is present in 150 countries on five continents.

Our 36 international brands have allowed us to devote ourselves solely to one business: beauty, with a mission to provide the best in cosmetics innovation to all women and men globally. Our ambition is to win over another one billion consumers around the world by inventing the cosmetic products that meet the infinite diversity of their needs and desires through continued digital innovation. L'Oral supports diversity and sustainable, ethical sourcing for all our products, and we have reduced our emissions by approx. 50% since 2005.

The DNA of L'Oreal is Innovation and we are driven by a real passion for the future.

Our Research and Innovation Centres in India are the sixth innovation hub for L'Oreal worldwide to fuel local market innovations. In our quest to win the next billion consumers, we are looking for talented individuals who can lead us on this mission. Would you like to be a part of the adventure?

We have a suitable opportunity in one of our divisions for the position of Junior Controller. In this role, you will be responsible for driving the financial performance of a Brand/Channel. You will also act as an Business partner of the Business/ channel. The Candidate should have 4-5 years of professional experience with FMCG. The location of the job will be Mumbai.

Key Responsibilities

- End to end financial responsibility of business P&L and processes.

- Driving the P&L with a long-term horizon.

- Reviewing spends and other investments

- Ensuring every line item of P&L is reviewed

- Driving the business/finance policy in the division.

- Preparation of Trends and Budgets and presenting the same to stakeholders.

- Full understanding of system flow and which P&L line item any decision impacts.

- On Time settlement of payouts

- Study and benchmarking of product pricing, margins and discounting with competition on regular basis across the channels.

- Working very closely with business teams to enable them to achieve business results and objectives.

- Driving the Gross Margins and profitability

- Provide timely analysis and inputs to Senior Controller and other stakeholders.

- Managing the complexity of categories, channels, direct/indirect business.

- Finding ways of optimizing spends through value creation

Key Deliverables:

- All processes are followed.

- Making sure completion of any group internal control audit in a satisfactory manner.

- Driving ROI Mindset

- Delivery of all channel/brand P&L.

- Timely monthly closings and reporting.

- Preparations of P&L of all Channel along with Gross Margins/Customer contribution/P&L and full analysis of all the drivers on monthly basis and during trends and budgets.

Key Competencies:

- Must be able to integrate with the commercial & Brand Teams of different channels.

- Must have complete understanding of Indian FMCG commercial working environment.

- Must have working knowledge of SAP and business tools.

- Act as a enabler.

- Solution oriented.

- End to end understanding.

- Agility and adaptability.

- Act as a business partner.

- Should have high level of accuracy and must respect timelines.

- Must not be doing postmortem of results at month end rather should be on top of his business on day to day basis in order to take right decisions timely.

Key Relationships:

- Commercial Teams/Marketing teams.

- Customers

- Commercial Controller

- Marketing Controllers.

- Corporate Finance.

- Zonal Finance.

Physical Demands (e.g. % travel):

- Travel will be need based

Education:

- Chartered Accountant - Batch

L'Oreal is committed to building a diverse environment and is proud to be an equal opportunity employer. L'Oreal closely prohibits discrimination against any employee or applicant for employment because of the individual's race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, disability or any other characteristic protected by law.