L'Oreal - Senior Manager - HR Controlling (4-6 yrs)

The world leader in cosmetics, L'Oreal is present in 150 countries on five continents. Our 35 international brands have allowed us to devote ourselves solely to one business: beauty, with a mission to provide the best in cosmetics innovation to all women and men globally. Our ambition is to win over another one billion consumers around the world by inventing the cosmetic products that meet the infinite diversity of their needs and desires through continued digital innovation. L'Oreal supports diversity and sustainable, ethical sourcing for all our products, and we have reduced our emissions by approx. 78% since 2005.

The DNA of L'Oreal is Innovation and we are driven by a real passion for the future. Our Research and Innovation Centres in India are the sixth innovation hub for L'Oreal worldwide to fuel local market innovations.

The distance between beauty and tech is closing rapidly, and we are determined to be pioneers in this new beauty tech world. New digital technologies and services are making the world of beauty move faster than ever before. Data and artificial intelligence are opening new horizons for personalization and customization. By incorporating digital into everything that we do, we are creating a better relationship with our consumers.

When beauty and tech collide, the impossible can happen!

In our journey, we are looking for talented individuals who can lead us on this mission.

Would you like to be a part of the adventure?

We have a suitable opportunity in the Finance function for the position of Manager - HR Controlling. In this role, you will be responsible for driving the HR Controlling for L'Oreal India. The Candidate should have 4-6 years of professional experience in FMCG sector. The location of the job will be Mumbai/Kuala Lumpur Malaysia.

Summary:

The Manager - HR Controlling plays a vital role in managing and overseeing Headcount and People Cost within the organization. This position requires a strong analytical mind, attention to detail, and the ability to collaborate effectively with various stakeholders, including HR, Finance, and Zone teams. The HR Controller is responsible for ensuring accurate budgeting, forecasting, and reporting of HC and IPC, providing key insights to senior management, and managing recharge processes.

Key Responsibilities:

- HC/IPC Budget Management: Manage and control headcount and IPC budgets within the Carol system. This includes analyzing trends, preparing forecasts, and ensuring alignment with pre-budget budgets and ongoing trends. Proactively identify and address potential budget variances.

- Flash Reporting and Analysis: Prepare and present data-driven insights on HC, IPC, and attrition trends to the Managing Director, HR Director, and CFO during regular flash meetings. Provide concise and actionable recommendations based on data analysis to facilitate informed decision-making.

- Monthly Provisioning: Calculate and provide accurate and timely monthly provisions for various HR-related expenses, including one-time expenses, severance pay, Short-Term Assignments (STA), expatriate costs, Long Term Incentives, and other relevant accruals. Ensure proper accounting and reconciliation of these expenses.

- Monthly IPC Data Reconciliation: Collaborate closely with Finance Controllers to ensure the accuracy of IPC-related entries in financial systems. Perform monthly reconciliations of HC and IPC data, investigating and explaining any deviations or discrepancies.

- Recharge Processing: Work with Zone HR Business Partners (HRBPs) and Finance Controllers to generate Purchase Orders (POs) for recharges. Manage the timely and accurate processing of Inter-Group (IG) invoices and zone recharges, ensuring proper documentation and compliance with internal policies.

- Process Improvement: Continuously evaluate and identify opportunities to improve HC and IPC management processes. Recommend and implement enhancements to streamline workflows and improve efficiency.

Key Competencies:

- Must have strong knowledge of HR Processes and Finance systems

- Must be able to integrate with the HR Team, Finance Team and other Cross functional teams.

- Must have complete understanding of Commercial working environment.

- Act as an enabler and be Solution oriented.

- Agility and adaptability to evolving business environment.

- Demonstrate high level of accuracy and respect to timelines.

Key Relationships:

- Corporate Finance

- BEST team

- Regional Finance

- Division Finance

- IT Teams

Physical Demands (e.g. % travel):

- Travel will be need based.

Education: MBA Finance

L'Oreal is committed to building a diverse environment and is proud to be an equal opportunity employer. L'Oreal 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.