OMA Cost Analyst
Division: Operations
Location: Clark, NJ
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 each and 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, 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 Learn:
This role Respects Accounting, Financial and Internal Control Policies and Procedures to support major financial objectives and policies. Prepares daily/weekly/monthly financial reports, presents analyses, and assists in the monthly financial close. Assists in the preparation of budgets/trends and prepares ad hoc reports. Creates specific recommendations for reducing costs and improving profits.
- Analyze and report direct variances (including freight, purchase price variance, consumption, substitution)
- Support the costing process (work with support departments to create accurate and on time COGS in SAP and communicate to appropriate parties)
- Support the annual budget process and monthly trend / R&O analysis
- Partner with stakeholders to improve balance sheet KPIs
- Participate in special projects and ad-hoc analyses as needed
- Ensure compliance with internal control and accounting principles
- Proposes corrective actions to improve the performance of the plant and measures the results
- Acts as liaison with other departments
What We Are Looking For:
- Bachelor’s degree in Accounting, Finance or Business Management
- 2-5 years previous work experience in an accounting or finance position, manufacturing experience desired
- Experience with budgets, expense reports and financial analysis to include trends, budgets, comparative evaluations, actual vs. budget, etc.
- Transactional expert in SAP preferred – understand technology and coach operational partners
- Ability to interact effectively with various operational departments and levels of the organization
- Must be highly proficient in Excel
- Excellent communication skills with proven ability to be clear and concise and to influence and understand the audience
What’s In It For You:
- Salary Range: (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 for Career Progression (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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