Sr Manager- R&I Finance
About the position 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. 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. Requirements • 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. Nice-to-haves • MBA preferred Benefits • 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 Apply tot his job