Permanent
Prague, Praha
Finance
Full - Time
22-Mar-2024

L´Oréal is currently looking for the position of Chief Accountant. 

Our financial team's performance is vital to our operational and strategic performance, contributing to efficiency and profitability in everything we do. Finance at L'Oréal is at the heart of the decision-making.

 

KEY JOB ACCOUNTABILITIES 

  • Own the production of local financial statements and reporting within the deadlines set by the Group and the various legal bodies. i.e. Consolidation reporting and end of year local accounts, tax and legal statements etc.
  • Ensure close collaboration with other local teams (Controlling, Tax, Legal, HR, purchasing etc.) and BEST (Shared service centre) to facilitate the production of accounts and the implementation of new local or Group/Zone initiative.
  • Organize, animate transversal teams, and perform activities to guarantee the quality of accounting services (such as high performance of Payment on time KPI…)
  • Propose and implement improvements and automation for existing reporting processes
  • Check that the Group's accounting procedures and principles are correctly applied to ensure the quality and reliability of the Group’s monthly/quarterly/yearly accounts.
  • Keep continuously informed and understands the evolution of local regulations regarding accounting GAAPs and fiscal regulations and initiate appropriate changes in systems and procedures

 

PROFESSIONAL & TECHNICAL COMPETENCIES 

 

ENSURE EFFICIENT FLOW OF FINANCIAL STATEMENTS (ACCOUNTING & CONSOLIDATION)

  • Produces accurate financial reporting in due time
  • Centralizes and challenges information from other departments in order to justify accounts production


ACT AS A PROACTIVE BUSINESS PARTNER (ACCOUNTING AND CONSOLIDATION)

  • Uses OA know. & market & fin. expertise to understand,improve,challenge & provide strat. reco. contributing to overall effectiv. of bus.
  • Seizes all transfo. levers to increase contrib. of function to overall efficiency & sustain. growth of OA (processes, tools, com., training)

 

ENSURE THE BEST IN CLASS ACCOUNTING SERVICES

  • Implements/ensures guidelines, tools, processes are implemented in order to provide the most efficient service
  • Proposes improvements in guidelines/processes/tools
  • Detects errors, anomalies, highlights discrepancies and implements appropriate actions, making the best use of tools provided by the Group
  • Analyzes, clarifies and simplifies information to facilitate the identification of risks/issues and action/decision making
  • Works close. with account.(local,Zone,Group) & the fin., tax & treas. teams to ensure info accuracy,alert risks/issues & provide solutions

 

MAXIMIZE FINANCIAL SYSTEMS & DATA MANAGEMENT (ACCOUNTING AND CONSOLIDATION)

  • Masters IS & leverages knowledge/intuition around systems/data manag. to provide insight into critical issues (SAP, Compass, Magnitude)

 

MASTER ACCOUNTING NORMS AND INTERNAL CONTROL

  • Exhibits reporting controls & ensures compliance of transactions as it relates to the Group accounting & management standards (GAAP/IFRS)

  

KEY RELATIONSHIPS

  • Internal Interactions - Controlling Teams, Purchase, Legal, Taxation, Group/Zone Office, BEST (Shared Service Centre)
  • External Interaction - Group Internal Auditors, Statutory Auditors etc.

 

MINIMUM REQUIREMENTS

  • University degree
  • 7-10 years relevant experience in accounting
  • Czech or Slovak on native- level knowledge
  • English on communicative level

 

We are an Equal Opportunity Employer and take pride in a diverse environment. We 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 status, medical condition or disability. We adhere to all local Labour Relations legislation. 

  • You can apply to up to three jobs within a rolling 30-day window.
  • You cannot withdraw your application once you applied, so please make sure to choose a job that matches your dreams.
  • Please visit "Your Application Space" to see the jobs you have already applied to.
  • Please don’t create another account with a different email. If you do so, your account might be merged and your application record will be deleted.