Beauty is serious business
We get up every morning to a challenge because that is who we are. We are fueled by questions with unequivocal answers, the euphoria of completing a particularly hard financial ‘puzzle’. The sudden realization of a particular topic clicking into place gives you positive goosebumps. Our finance team partners with all parts of the business across 32 international brands to ensure the Group’s financial performance is top notch – from the brand and customer planning and project valuation to risk management, M&A, and internal control tracking.
Il Yeon is an internal auditor at L'Oréal in Paris. Il Yeon ensures that he understands the local business practices when he audits countries all over the world. He describes creativity as being very important - although he audits countries with rigid rules, he needs to provide realistic and applicable recommendations for each local environment. He finds the "culture of discussion" very typical of L'Oréal - everyone expresses themselves in debates or discussions that are necessary to come to the optimum conclusions.
Global CHIEF OFFICER
Laurent, Global Chief Officer for L'Oréal Finance, describes his role as being like the 'business partner of the Vice President'. He talks about the necessity to often adjust resources in order to meet the profit targets. He talks about the demanding, high speed nature of the beauty industry, due to the fast turnover of products. Learn more about the most challenging aspect of Laurent's position as he deals with local, central as well as the market's needs, in such a vast business.
2016 finance HIGHLIGHTS
2016 was another good year for L’Oréal. We accelerated our growth, outperformed the market once again and increased our worldwide leadership of the beauty industry. 2016 was also a year of great progress in the transformation of our group, with L'Oréal becoming even more digital, efficient, agile and sustainable. Three of our Divisions, L’Oréal Luxe, Consumer Products and Active Cosmetics, made great progress in 2016 and we gained market shares in each of our three strategic regions. 2016 was also a great vintage in terms of emblematic innovations and strategic acquisitions.
Erin is a Commercial Finance Analyst for Maybelline, Garnier and Essie in the US. Erin is a co-pilot of the business as she works side-by-side with the sales team, making sure that the company makes the most revenue possible at an efficient spend.
Join us TODAY
The global balance of business, finance and economics shifts every day which is what makes it so fast-paced, varied and keeps everyone on their toes. The adrenalin of deals and the pace of change mean it is a highly stimulating career. In L'Oréal, you could find yourself working in the financial centre of another continent - from New York to Singapore, Hong Kong to Tokyo. And if you're lucky, you might even get to do your initial graduate training in one of these cities. How epic is that?