Manager- Global Finance (Margin & Profitability)
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 Luxe, our mission is to provide our consumers the best products and brand experience by making it unique. Our portfolio is composed of 21 brands including major, highly aspirational, and multi-expert brands such as Lancôme, Yves Saint Laurent, Giorgio Armani, and Kiehl’s.
About the role
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. The Manager of InterGroup Margin holds the financial reporting and analysis responsibility for the Product Margin of Urban Decay and Youth to the People (UD and YTTP) and is accountable for driving the end-to-end Transfer Price and Launch profitability processes within Luxe Affaire Produit.
The Manager works with:
- Luxe WW Division DMI Finance and US Tax team on global standards and ensuring tax compliance
- UD and YTTP’s DMI Marketing, Brand Controller, and General Management to drive brand-specific growth and profitability
- Luxe Operations & Affaire Marché Finance Teams to optimize product and supply chain costs and alignment on local market execution
Responsibilities
Profitable Growth & Business Partnering [40%]
- Work with UD and YTTP’s Marketing to ensure new product launches are accretive to the Product Margin across all Zones. Act as the final financial gatekeeper for launch profitability
- Support the UD and YTTP’s DMI Marketing Teams, leveraging financial data to drive optimal business decisions and ROI
Financial Planning & Operational Excellence of InterGroup Margin and Transfer Price [40%]
- End-to-end management of Trend and Budget cycles for InterGroup Margin of UD and YTTP, ensuring accuracy and providing final projections to senior leadership
- Proactively identify margin risks or opportunities related to inventory flow and logistics, and lead the development of mitigation strategies through monthly reconciliation and analysis
- Synthesize complex monthly performance data into high-level executive summaries, providing analysis on key performance and variance drivers to senior leadership
- Perform Transfer Price updates and coordinate with WW Division DMI Finance team to ensure full alignment on processes and timeline
- Reflect updates on key assumptions, physical and financial flows, launch pillars, etc., in transfer price calculation to each Zones and Countries
- Enforce controls to ensure all inter-group billings are accurate, especially the master data for existing products, sets, and non-salable items are up-to-date and compliant to meet fiscal profit objectives
- Resolve any incorrect billings in a timely manner, especially on Triangular flows
- Implement process automation with AFPt and improve data integrity within the Margin function. Identify manual inefficiencies and lead the implementation of standardized and scalable workflows
- Maintain rigorous internal controls and documentation for all inter-company transactions, serving as the lead point of contact for internal and external audit inquiries related to Luxe Division margins
Transformation & Systems Strategy [20%]
- Implement NEO and process improvements (2026): Highlight areas of improvement
- Lead special projects aimed at digitizing margin controls and improving reporting speed, ensuring the USA Brands remain at the forefront of financial technology within L’Oréal
People Leadership & Talent Development
- No direct reports
Key Performance Indicators
- Achieve accuracy in Finished Good and Non-Salable Transfer Prices invoiced to inter-group customers across all portfolio brands
- Ensure future launches are accretive for the P&L
- Meet internal control and tax compliance requirements for margin and profitability processes
Requirements
- Bachelor’s Degree in Finance/Accounting or a related field. MBA preferred, but not required
- 5 - 8 years of experience in finance
- Excellent data management skills and understanding of systems including Excel
- SAP or TM1/Cognos experience is a plus
- Strong analytical and problem-solving skills; business acumen; leadership skills; oral and written communication skills; and excellent interpersonal skills
Benefits
- 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
Pay
Salary Range: $92,000 - $128,000 + Bonus (The actual compensation will depend on a variety of job-related factors including geographic location, work experience, education, and skill level)