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Assistant Vice President, Expertise Controlling, Supply Chain Finance

Cranbury, NJ, New Jersey

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Permanent

Cranbury, NJ, New Jersey

Finance

Full - Time

21-May-2024

Job Title: AVP- Supply Chain Finance

Division: Operations

Location: Cranbury, NJ

Reports To: VP- Operations Finance CPD

Who We Are:

For more than a century, L’Oréal 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 beauty in terms of quality, efficacy, safety, sincerity and responsibility to satisfy all beauty needs and desires in their infinite diversity.

At L'Oréal Operations, we create innovative, inclusive, and sustainable beauty together with our business partners by designing, developing, sourcing, manufacturing, and distributing over 6 billion products globally every year. We support over 36 brands across four L’Oréal divisions. We are consumer-oriented, and we act responsibly all along the value chain.

At L’Oréal, 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'Oréal 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:

Supply Chain CFO responsible for providing controller leadership and partnership to both Supply Chain Operations and Finance in a complex multi-DC network as well as liaising with DO Leadership, Account Supply Chain, Commercial Finance and the Logistics teams to drive Value Creation.

• Manage $200M+ in P&L costs, developing budgets/trends and recommending corrective courses of action.

• Provide financial leadership on Commercial and Business strategy as it relates to Cost to Serve, the way we trade and Value Creation.

• Improve Gross Margin by driving organizational accountability and performance on cost per unit and productivity metrics.

• Ownership of the financial integrity, reporting/analysis generated via the Transportation team and freight payment system ensuring sound financial data.

• Ensure adherence to all Logistics/Supply Chain internal controls, providing training and developing best practices as needed.

• Liaise with the proper teams to improve Health of Inventory (HOI) and reduce E&O and drive sustainability.

• Partner with the relevant teams to improve Cash Flow via AR (OTIF) and HOI.

• Manage the financial close process including ownership and reconciliations of relevant Balance Sheet and P&L lines.

• Participate in Cost to Serve benchmark studies with Global DGO Supply Chain.

• Develop financial reports to support effective expense management.

• Provide monthly analysis of DC performance metrics versus budget, trends and prior years.

• Lead special projects and/or participate on project teams as needed.

What We Are Looking For:

Required Qualifications:

• Degree in Finance, Accounting, or related field

• 7-10 years of Finance Experience

• Proven leadership ability

• Analytical skills with excellent attention to detail

• Strong verbal and written communication skills

• Proactive problem solving

• Drive process and reporting improvements

• Strong strategic/forward thinking skills.

• Ability to influence business partners.

• Self-Directed

Preferred Qualifications:

• Experience with SAP preferred

What’s In It For You:

• 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

Don’t meet every single requirement? At L'Oréal, 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 [email protected] . 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.