Finance Work Placement

As a billion pound company success often stems from managing the P&L effectively. At L’Oréal finance is not just sitting on excel, you will have direct exposure to people in all functions including marketing, purchasing and IT providing you with the perfect opportunity to understand how L'Oréal operates.

You will...

You will be placed in one of our 34 brands and become an integral part of the team using all major financial software programmes i.e. Salesforce, SAP and Magnitude. The role will test and develop your financial awareness, business acumen and interpersonal skills. You will undertake projects (e.g. cost cutting project) alongside your day to day duties and ad hoc report requests.

Day-to-day you may be...

• Ensuring compliance with internal procedures, Accounting & Finance standards as well as audit requirements
• Assisting finance controllers and supporting marketing and/or commercial teams on a day-to-day basis
• Contributing from a finance perspective to initiatives to grow the business, ranging from product launches and marketing activities to pricing and commercial activities.
• Participating in the monthly financial closing which includes:
• Ensuring costs are booked correctly (purchase orders tracking
• Tracking actuals costs vs. forecasts (variance analysis),
• Month-end reconciliation (e.g. media spends in relation with internal and external teams in media agency, media commissions, commercial balance sheet reconciliation, etc.).
• Providing key corporate decision-makers with timely and accurate information/data.

You have…

• Strong communication and networking skills – verbal and writing
• Excellent attention to detail
• Results driven and respect for deadlines
• Proactivity
• Strong project management skills and evidence of seeing things through to completion
• Strong Microsoft Excel skills and the ability to multi-task
• Have a keen interest in events and the hairdressing industry

You are…

• Eligible to work in the UK
• In your second year at University on a course which enables you to take an Industrial Placement Year (unfortunately if you are graduated you are not eligible).

At L’Oréal, we strongly believe that diversity is a source of creativity, growth and performance. By promoting the respect and value of difference through human resources development, we have established ourselves as a global corporate citizen and a preferred employer. We aim for our teams to reflect the diversity both of our consumers and our catchment areas, at all levels, particularly in terms of nationality, sexual orientation, ethnic and social origins, disability, gender and age.

Next Steps...

Once you click apply you will be asked some questions to check you are eligible for this role. These will be questions around your current situation, whether you’re happy with the salary, location etc.

If you are eligible to apply, you will then be sent a link via email to ‘Step 2’ of the application process; the online assessments. Keep an eye out for this (it might even land in your spam folder!). Although there is no deadline for completion, the quicker you submit your answers the quicker we can continue to move you through the process!

Once we have your results, our recruiters will conduct a final review of your entire application and if successful, invite you to an Assessment Centre. Please be patient with us as we receive a high volume of applications and want to spend time going through each of them.

Our Assessment Centres this year will mostly be in person, they will be running from when applications open until the roles are filled. These Assessment Centres are specific to function, so please be patient if you don’t get invited straight away – it might just be because your function’s Assessment Centre date isn’t until later on in the recruitment period!