The world leader in beauty, L’Oréal is present in 130 countries on five continents. Our 32 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 around the world. We want to bring beauty to all people. Our ambition by 2020 is to win over another one billion consumers around the world by creating the cosmetic products that meet the infinite diversity of their beauty needs and desires through continued digital innovation. L’Oréal encourages diversity and sustainable, ethical sourcing for all our products and we have reduced our emissions by approx. 50% since 2005. Our brands are leaders in beauty, and we are looking for you to lead the change you want to see in L’Oréal.
Head of Finance (BRAND TBC)
L'Oréal UKI Finance Mission
Sharing finance excellence with all.
•We develop our people, processes and systems to be recognised as trusted business partners.
•We empower decision making through robust controls, impactful analysis and innovative solutions.
•We protect the assets and equity of the Group, contributing to sustainable growth.
Be responsible for providing a full financial service to a L'Oréal Brand Business Unit (BU), managing the financial aspects of the brand’s plans, budgets and trends and liaising with the different brand functions and corporate departments. The Head of Finance will act as a key business leader to support the brand General Manager and will be a key stakeholder in the brand’s management committee. The following are a identified list of requirements for this role:
•Develop the BU’s brand portfolio and image, turnover and profitability in the UK & Ireland market.
•Develop strong partnership with the brand’s General Manager, anticipating any risks and providing advice and analysis on all finance related issues that contribute to the sustainable development of the brand
•Implement the international brands strategies in the UKI, determining and implementing necessary local adjustments in close liaison with the international brand teams
•Increase brands’ market share and sales growth
•Manage and take accountability for the BU’s P&L: define, optimise and monitor budget objectives (profitability, stocks, inventory, structure of P&L account)
•Define, implement and monitor marketing activity (launches, renovations, repositioning of products, media, competitor analysis and field activities)
•Define, implement and monitor distribution strategy, building strong relationships with the trade
•Build and continuously adapt an effective and efficient organisation
•Lead, motivate & develop a team of finance individuals, providing regular support and development
•With the support of the Marketing Controller and the Sales Controller, drive the brand to the achievement of the financial results agreed in the Budget
•Manage the sell-in forecasts and results with the Sales Director and Demand Planner
•Evaluate the media investment and the sell-out performance with the Marketing Director
•Ensure respect of UK and Group standards with regard to legislation and group best practice
Organised: You have a list and have strong planning and organisation skills – with the ability to re-prioritise as required.
Measured: We want to track the success of our campaigns and initiatives so projects must be able to show ROI.
Accurate: You have the ability to work to a high degree of accuracy and meet deadlines.
Entrepreneurial. Every day, you spot opportunities to drive growth for our brand and our customers, making sure the good name of our brand is always protected.
Proactive and Open: L’Oreal is for the pioneers, which means embracing new ideas, challenges and change with positivity and a hands on approach.
Teams are the new heroes: There is no better feeling than being part of a successful and dynamic team, so even if you are Superman or Wonder Woman, you recognise that teams are the real heroes.
Only Human: we all make mistakes, but you are not afraid of failure. You learn and show how the experience has helped the business learn for the future and benefitted all.
Ambitious: You crave success and L’Oréal is the ultimate place to achieve your dreams. We will support you all the way and make sure you have the support and development in place to help you succeed.
You. You are real. And you’re true to yourself. We cherish and celebrate diversity so you will feel right at home whoever you are.
•Degree Qualification in a relevant discipline
•The candidate should have to be a qualified accountant (CIMA, ACA or ACCA)
•Previous relevant experience working within a strategic role in the FMCG sector or similar
•Outstanding rigour and attention to detail
•Strong interpersonal skills are essential as the role involves partnership and close liaison with key senior stakeholders
•Strategic thinking and planning skills – able to develop strategic business plans and ensure successful implementation
•Entrepreneurial – able to identify business development opportunities
•Strong leadership, communication, networking and interpersonal skills.
•Strong working knowledge of Microsoft Excel
•Highly organised with prioritisation skills and strong communication skills (written and verbal)
•Highly numerate – strong analytically and strong commercial acumen
•Strong presentation/communication skills with the ability to confidently influence, persuade and inspire
•Ability to work in an ever changing & demanding environment
•Flexibility for an international career is desired but not essential