Who we are?

Change is the DNA of L'Oréal; 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'Oréal, there are 6 in-house Business Services Centers supporting the Group. Our L’Oréal 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. In order 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 Kuala Lumpur, Malaysia – BEST KL (BEST stands for Business Expertise, Services & Technologies), provides financial services to over 20 L’Oréal markets across North Asia & SAPMENA (South Asia Pacific, Middle East & North Africa) regions. 

Key job responsibilities

• The Payment Lead is responsible for
• Review and validate payment proposals prepared by outsourced partner for group of entities. 
• Perform PTP controls as strong Liaison between outsourced partner and countries. 
• Perform end-to-end payment process review to address efficiency or control issues.
• Perform GRIR aging review process with outsourced partner and countries to drive timely cleanup aged items. 
• He / she reports directly to Payment Leader.
  

In particular, the Payment Analyst:

Payment Process and PTP key controls

• Responsible for reviewing and approving payments in BCM tool prepared by outsourced partner for assigned group of entities. 
• Review payment operational process being strong liaison between outsourced partner and countries. 
• Perform PTP process controls review to meet group TAP requirements. Review/audit control activities that are managed by outsourced partner.
• Perform GRIR aging review with countries and outsourced partner to ensure issues are timely follow-up by issue owners. 
• Perform internal control self assessment that are required TAP. Execute actions to close issues on timely manner.
• Perform Auto GR review by working closely with IT. Escalate issues and drive issue owners to take improvement actions. 
• Review payment term change on PO or on invoice as per re-defined frequency. 
• Drive actions to improve identified issues by working closely with outsourced partner, treasury and countries for assigned entities.

Functional skills

• Strong accounting proficiency, with PTP operational focus.
• Strong issue resolving skills and analytical skills.
• Process improvement mindset & methodologies

Expected background

• Minimum of 3 years of work experience in PTP operation and payment cycle. 
• Solid knowledge of accounts payable process, payment process and ERP (SAP) system. Experience in a multinational company or shared services organization strongly preferred.
• Ability of issue resolving and communications.