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L'Oreal USA Senior Manager - Luxe Kiehl’s DMI Finance in New York, New York
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Senior Manager - Luxe Kiehl’s DMI Finance
New York, NY, New York
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Permanent
New York
New York, NY
Finance
Full - Time
17-Mar-2025
Job Title Senior Manager - Luxe Kiehl’s DMI Finance
Division: Luxe
Location: 435 Hudson, Street N ew York, NY from Mar ’25-July’25, then relocating to 10 Hudson Yards, NY
Reports To: AVP Kiehl’s DMI
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 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 brands, highly aspirational and multi-expert, such as Lancôme, Yves Saint Laurent, Giorgio Armani and Kiehl’s.
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:
Primarily responsible to manage assigned area's annual business plan/budget/trend. Responsible for preparation, analysis and transmission of variety of finance reports in accordance with corporate requirements (i.e. budgets, budget phasing, reporting, commentary). Review and approve development cost purchase orders and monitor for compliance. Manage cost control and conduct monthly budget meetings with departmental managers. Inform of any risk and/or opportunities related to their assigned area. Primary support person for all finance related issues for operating departments. Provide reporting and analysis for WWD financials to teams (i.e. Magnitude reports, compass reports and compass books).
Co-Pilot Profitable Growth: Development Costs and Cost ROI (60%)
Be the go-to person for all A&P spend to support the strategy of each business. Work closely with the Brand Presidents and their DGM to strategically align investments to the strategy. Present Actuals, Trends and Budgets to the stakeholders including President of Kiehl’s DMI.
Monthly Close - Preparation of monthly journal entries for development cost related entries (including accruals, reclasses, charge back affiliates / or brands, working with Accounting team to ensure all entries are booked prior the completion of month end close
Actual Control & Reporting - Commentary for Actuals vs. Budget/Trend. For Flash/corporate meetings: Meeting preparation for controllers' department heads on their monthly results. Analyze Actual variances to Budget/ Trend.
Budget/Trend Management Control & Reporting - Coordinating Budget/Trend deadlines with various business partners. Preparation of Budget/Trend based on corporate calendar, including inputs, allocations, receiving costs, commentary on all Budget/Trend changes. Review meeting preparation with Controllers/Department heads on their Budget/Trend changes.
ROI – Create effective b enchmarking, account analysis, cost savings, brand analysis, which influence business partners to critically look at their spend and efficiency. Create relevant KPIs for spend that illustrate how effective the spend is for the brands.
Co-Pilot Profitable Growth: Business Partnering and Influencing (20%)
Influence to spend efficiently – Challenge the status quo with teams to unlock saving and increase ROI
Upskill Teams - Set a high standard for business partners by training them and bring an always on learning approach to the teams. Define and strengthen ways of working to drive efficiencies.
Co-Pilot Profitable Growth: Compliance (20%)
Maintain KPIs – Ensure Purchasing KPIs stay in target percentages
Implement all needed Internal Controls – Ensure risk is reduced by maintaining a high standard of controls and processes in line with the Group’s guidelines
As an integral part of our culture at L’Oréal, wellness is at our core. We not only offer a generous Benefits Package (Medical, Dental, Vision, 401K), we also offer flexible time off, work from home days, and a pension plan! Additionally, you will have access to company perks such as Makeup, Skincare, and Fragrance! Employees receive a stipend for L'Oréal products as well as VIP Access to L’Oréal’s Internal Shop for Discounted Products, and other perks such as Monthly Mobile Allowance, discounted gym memberships, and ERGs.
Additional Benefits Information As Follows:
Salary Range : $117,400 - $167,300 (The actual compensation will depend on a variety of job-related factors which may include geographic location, work experience, education, and skill level)
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.
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