Job Description

For 115 years, L'Oreal, the world's leading beauty player, has devoted itself to one thing only: fulfilling the beauty aspirations of consumers around the world. Our purpose, to create the beauty that moves the world, defines our approach to beauty as essential, inclusive, ethical, generous and committed to social and environmental sustainability.
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 Brand Controller. In this role, you will be responsible for driving the Brand P&L for the specific brands of Consumer Product Division of Loreal India. The Candidate should have 8-10 years of professional experience with FMCG. The location of the job will be Mumbai.
Key Responsibilities:

• Reviewing return on investment related to marketing expenditure/sales deduction, analyze the effectiveness and propose suggestion/solution
• Reviewing monthly business performance of each brand and provide strategic and financial decision/action plan partnering with the brand general manager
• Implement internal control function within the department (fixed asset capitalization, purchasing system, promotion planning /marketing proposal)
• Undertake all cost analysis in order to detect risks and propose the actions required to maintain budgetary objectives
• Managing profitability of each brand under professional product division
• Managing marketing spending to be align with the budget and analyzing the effectiveness of the marketing spending in order to maximize the return on investment
• Act as business partner with commercial team and marketing team to drive and optimize the investment in product and customer.
• Managing forecast and sales to ensure the company able to achieve the target revenue
• End to end financial responsibility of business P&L and processes.
• Ensuring each and every line item of P&L is reviewed
• Preparation of Trends and Budgets and presenting the same to stakeholders.
• Study and benchmarking of product pricing, margins and discounting with competition on regular basis across the channels.
• Driving the Gross Margins of Channel.
• Provide timely analysis and inputs to Division Controller and other stakeholders.

Key Deliverables:

• Delivery of Key Job responsibilities
• All processes are followed.
• Making sure completion of any group internal control audit in a satisfactory manner.
• Driving ROI Mindset
• Delivery of brand and category P&L.
• Timely monthly closings and reporting.
• Preparations of P&L of all Channel along with Gross Margins and full analysis of all the drivers on monthly basis and during trends and budgets.

Key Competencies:

• Must be able to integrate with the commercial & Brand Teams of different channels.
• Must have complete understanding of Indian FMCG commercial working environment.
• Must have working knowledge of SAP and business tools.
• Act as a enabler.
• Solution oriented.
• End to end understanding.
• Agility and adaptability.
• Act as a business partner.
• Should have high level of accuracy and must respect timelines.
• Must not be doing postmortem of results at month end rather should be on top of his business on day-to-day basis in order to take right decisions timely.

Key Relationships:

• Marketing teams
• Media Teams
• Supply Chain Team
• Commercial Team
• Commercial Controllers.
• Corporate Finance.
• Regional Finance.
• Zonal Finance.

Physical Demands (e.g. % travel):

• Travel will be need based

Education:

• Chartered Accountant/MBA

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.