Who are we?

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 Zone Business Services Centers supporting the Group. Our L’Oréal Global Business Services, with mission of providing excellent 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. 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 Malaysia, we call it BEST in KL (BEST stands for Business Expertise, Services & Technologies), provides financial services to 20+ markets for L’Oréal North Asia Region & SAPMENA Region (South Asia Pacific, Middle East & North Africa).

Why join us? 

L'Oréal Malaysia has been recognized as a Top Employer 2024 & 2025 by the Top Employers Institute! - Check it out here!

What will you do?

Cash Management 

• Perform daily reconciliations between forecast and actuals within the treasury management system (Diapason),execute bank transfers, prepare cash flow forecasts, investigate and resolve payment/AR rejections, provide bank statements to relevant stakeholders. Report actual bank balances to CFO, process ad-hoc payments, upload and validate bank statements in Diapason.
• Manage and track deposit and loan details in Diapason, prepare loan and term deposit documentation, provide weekly cash flow forecasts.
• Prepare and analyze the rolling 3-week cash flow forecast to ensure accurate liquidity management.
• Work closely with the Treasury Analytical team and apply the inputs on Cashflow trends/budgets received from the trend/budget cashflows for the preparation of 3 weeks. Collaborative culture with Analytical team is expected.

Bank Relationship and Accounts Management

• Manage bank accounts (opening/closing), collaborating with bank relationship managers and ensuring adherence to internal procedures and regulatory requirements, updating bank account information in relevant internal systems.
• Identify opportunities for new banking products and services. Manage Know Your Customer (KYC) requests from banks, ensuring timely submission of required documentation and maintaining up-to-date records. This includes managing the annual KYC update process and responding to ad-hoc requests.
• Oversee the maintenance of banking powers with local banks and within L'Oréal's internal systems, ensuring proper authorization and control.

Foreign Exchange (FX) Management 

• Ensure the proper identification of FX exposure and execute spot/forward FX deals (buy/sell FCY), prepare declaration letters, supporting documentation for spot dealsand other relevant reporting.

Payment Control

• Validate daily payment runs against bank records (e.g., web banking), manage rejected payments, and communicate effectively with internal teams and banks to resolve issues.
• Monitor and manage the expiration of bank certificates, ensuring timely renewals. Process urgent payments following the appropriate approval channels.

Guarantee Management & Corporate Card Management

• Manage the end-to-end process for various types of bank guarantees ensuring adherence to internal policies and procedures, includes preparing necessary documentation, coordinating with relevant parties, and maintaining accurate records.
• Corporate Card management and handle the maintenance requests.

Other Operational Task

• Develop SOPs, continue improve the process the operational performance.
• Preparation presentation slides and reports per request
• Collaborate with multiple stakeholders to ensure process compliance and smooth operations.
• Supporting projects initiated within BEST, Zone and Group.

If you are a Malaysian abroad and keen on exploring career opportunities in L'Oréal Malaysia, click here to explore incentives to facilitate your return Returning Expert Programme - MyHeart Portal

Who we are looking for

• 3+ years in-depth finance expertise
• 1-3 years’ experience in treasury, accounting, finance, auditing, or Business Management in a rapidly growing business, 5yearsabove experience for Sr. Specialist role
• Knowledge of treasury operations and payments systems
• Must be proactive team-member with the ability to thrive in a dynamic, fast-paced, deadline driven work environment.
• Strong learning agility and be able to adapt with change.  
• ACCA/CPA or equivalent is a plus
• English fluent

L’Oréal Competencies 

• Innovator 
• Strategist 
• People Developer 
•  Integrator 
• Entrepreneur 

 L’Oréal is committed to building a diverse environment and is proud to be an equal opportunity employer. L’Oréal closely prohibits discrimination against any employee or applicant for employment because of the individual’s race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, disability or any other characteristic protected by law.