Who we are
Change is the DNA of L'Oral; we are constantly leading the beauty industry to go beyond. In 1909, we began as a small store selling hair dye. Today, we have a portfolio of 36 international brands and a global presence in 150 countries.
At L'Oral, there are 6 Zone Business Services Centers supporting the Group. Our LOral Global Business Services, with mission of providing excellence Finance Services, improving operational performance and processes continuously resulted in world-class Finance Services and catalyst for Finance Process Transformation, and delivering top efficient and effective processes whilst maintaining integrity. To transform our vision into reality we are working on the following 3 mindset pillars: DO THE RIGHT THING, DO IT RIGHT AND DO IT BETTER.
One of centers set up in Malaysia, we call it BEST in KL (BEST stands for Business Expertise, Services & Technologies), provides financial services to 20+ markets within North Asia & SAPMENA (South Asia Pacific, Middle East & North Africa).
What will you do
Managing general ledger and group consolidation reporting.
Oversee accounting closing performed by Accenture.
Oversee account reconciliation and balance sheet reviews for all in-scope entities.
Being a key contact of accounting for a group of countries
Leading 6 accountant. Managing organization and team workload.
Managing backup plan and business continuity for the team.
Ensuring improvement of accounting GL & reporting processes and working closely with DEX team.
Responsible for KPIs that are linked to GL & reporting for group of countries.
He / she reports directly to Head of Accounting.
Management Tasks
Supervise and ensure back-up for General Ledger and Reporting teams in charge of transversal tasks: make sure planning are respected, help teams in operational tasks, etc.
Supervise monthly financial reporting production and ensure the respect of closing duration.
Be accountable for General Ledger & Reporting KPIs and performance dashboards for the group of countries he / she is in charge of and prepare action plans.
Participate to closing meetings with countries.
Prepare and participate to steering committees of the group of countries he / she oversees
Ensure continuous improvement and implement Group guidelines
GL accounting
Review and post General Ledger entries according to Group requirements: provision for risks and charges, journal entries for adjustments
Review and finalize Balance Sheet, trial balances for entities he is in charge of
Review summary of variations of provisions
Responsible for balance sheet review process. Control the process with country chief accountants and country CFOs.
Consolidation Reporting
Review CONSO reporting for pre-defined schedules. Oversee quarterly closing and HRDC consolidation reporting for the hard close in May and November. Review the consolidation reporting with countries chief accountants.
Prepare/Review other group reporting defined in BSC scope.
Accounting internal control
Ensure operational controls for General Ledger and Reporting, as per TAP requirements.
Ensure legal requirements respect and service quality.
Ensure segregation of duties respect
Ensure that financial communications respects Group standards.
Team management
Lead size of 3-4 accountants
Manages, develops, recruits staff.
Attract and retain a highly skilled and engaged workforce.
Who we are looking for
Minimum of 7 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.
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