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
