Who is LOral
L'Oral is the world's largest and most profitable beauty company. Present in over 150 countries, LOral has catered to all forms of beauty in the world for over 100 years and has built an unrivalled portfolio of more than 36 international, diverse and complementary brands including L'Oral Paris, Garnier, Maybelline New York, Nyx Professional Makeup, IT Cosmetics, Lancme, Kiehl's, Urban Decay, Shu Uemura, Giorgio Armani, Yves Saint Laurent Beaut, Ralph Lauren, Diesel, Biotherm, Clarisonic, Krastase, L'Oral Professionnel, Matrix, Vichy, and La Roche-Posay.
For more than a century, LOral has devoted itself solely to one business: beauty. The group's mission is to provide the best in cosmetics innovation to women and men around the world with respect for their diversity. We want to bring beauty to all people. Our ambition for the coming years 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.
Our business is energetic and vibrant, underpinned by strong ethical principles and our belief that financial performance and responsible business go hand-in-hand. We are driven each day by our six founding values - Passion, Innovation, Entrepreneurial Spirit, Open-mindedness, Quest for Excellence and Responsibility.
The distance between beauty and tech is closing rapidly, and we are determined to be pioneers in this new beauty tech world. New digital technologies and services are making the world of beauty move faster than ever before. Data and artificial intelligence are opening new horizons for personalization and customization. By incorporating digital into everything that we do, we are creating a better relationship with our consumers.
When beauty and tech collide, the impossible can happen!
In our journey, we are looking for talented individuals who can lead us on this mission.
Would you like to be a part of the adventure
Why join us
Being the world's #1 beauty company, L'Oral empowers its people who are ready to take bets, think out of the box, defend their convictions, be resilient and leave their own mark. They are offered numerous opportunities, fast track careers and early responsibilities. L'Oral has ambitious goals and is striving for excellence. This permanent learning experience helps you stretch your potential.
We define success as making a positive, conscious impact. At LOral, you will be encouraged to think and act beyond your job. We push boundaries and move fast globally to stay ahead of the game. Your job will be your own innovation playground. We encourage different points of view. What sets you apart is what makes you great. You will always have the space to question, express, agree and disagree. We unleash everyone's potential. Here, learning opportunities are endless. You will build your own unique path. We believe in the impact of great mentors. You will be inspired by people you won't ever want to forget.
What will you do
General ledger and group consolidation reporting.
Coordinate accounting closing performed by Accenture.
Perform account reconciliation in BSC scope and arrange balance sheet reviews for assigned countries with head of accounting and countries chief accountant and countries CFO.
Being a key contact of accounting for assigned countries in terms of provision, consolidation report.
Improve accounting GL & reporting processes and working closely with DEX team.
Responsible for KPIs that are linked to GL & reporting for assigned countries.
He / she reports directly to Accounting Leader.
You are expected to manage the following:
GL accounting
Prepare and post General Ledger entries according to Group requirements: provision for risks and charges, journal entries for adjustments
Prepare and finalize Balance Sheet, trial balances for entities he/she is in charge of.
Review summary of variations of provisions
Prepare account reconciliations and follow up the actions to ensure balance sheet are clean.
Arrange balance sheet reviews with country chief accountants and country CFOs for entities he/she is in charge of.
Consolidation Reporting
Prepare and finalize CONSO reporting based on pre-defined schedules to ensure timely and quality package submission.
Responsible for quarterly closing and HRDC consolidation reporting for the hard close in May and November.
Review the consolidation reporting with countries chief accountants and ensure issues are timely resolved.
Prepare other group reporting defined in BSC scope.
Be a key accounting contact with group consolidation team for the entities he/she is in charge of.
Accounting internal control
Perform and ensure operational controls for General Ledger and Reporting, as per TAP requirements.
Ensure legal requirements and IFRS standards are respected
Provide quality service to countries.
Manage efficiency communications with stakeholders in countries and group for entities he/she is in charge of.
Who are we looking for
Minimum of 3-5 years of work experience in accounting, including manager/supervisor role.
Strong knowledge of IFRS accounting standards and regulations in Asia.
Solid knowledge of accounting process and practice, and ERP (SAP) system.
Experience of managing a professional accounting team.
CPA or equivalent is a plus
Experience in a multinational company or shared services organization strongly preferred.
Ability to manage complexity and dynamic business situation.
LOral Competencies
Innovator
Strategist
People Developer
Integrator
Entrepreneur 1
LOral is committed to building a diverse environment and is proud to be an equal opportunity employer. LOral closely prohibits discrimination against any employee or applicant for employment because of the individuals race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, disability or any other characteristic protected by law.
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