Sr. Manager, Accounting Record to Report Consolidation and Reporting

Key Responsibilities

• Manage Reporting team within BEST.
• Ensure compliance with IFRS standards.
• Review the consolidation reporting to the group for North America, as well as other reports requested by the group during the year.
• Responsible for meeting group deadlines and following technical accounting processes.
• Support the external audit (task assignments, follow up of the correct documentation to auditors).
• Be accountable for Reporting KPIs and performance dashboards for the countries/divisions (group of brands); prepare action plans with the team member in charge of divisions/countries.
• Leverage accounting acumen to work with business leaders and process experts to identify risks and gaps through data analytics.
• Review Balance Sheet, sub ledgers and trial balances for entities he/she supports.
• Analyze account balances and determine if activity is properly presented in accordance with IFRS. Work with divisional accounting heads and group team to understand significant and/or unique transactions.
• Assist all divisions with technical accounting standards, such as implementations, group focused improvements, audit recommendations, etc. Identify appropriate processes and controls for recording transactions in accordance with group norms.
• Understand IFRS 16 for leases and work with SLAN tool to ensure accurate and complete recording in the GL. Oversee reconciliations and key controls and ensure the consolidated information provided to the group is in accordance with the standards.
• Ensure reconciliations for complex accounts are performed at the consolidated level. Collaborate with account owners to optimize accounting procedures and controls across divisions.
• Review analysis of variations of provisions
• Work with cross-functional groups on the design, development, testing, and maintenance of the Business Intelligence, Data Analytics and Data Science platforms such as SAP, Business Objects, Blackline, Power BI and related analytic data sources.
• Influence agile teams to improve processes along with high quality deliverables.
• Applies advanced vision to complex and significant technology and business initiatives.

Qualification & Requirements

• BA / BS degree required, preferably in Accounting
• Current CPA license
• Minimum 8+ years of experience in General Ledger accounting or group consolidation
• Minimum of 5 to 8-year experience in complex audit engagements
• Team management experience is mandatory, minimum 3 years, preferred 5+
• Effective communication – comfortable in presenting and explaining results to several counterparts (CFOs, Chief accountant, Accounting counterparts in North America and France, etc.)
• Ability to perform analyses regarding monthly, quarterly and annual reporting
• Must be proficient in Microsoft Office 365, primarily advanced Excel skills
• Support the financial statement month-end close process through timely and effective review of journal entries, reconciliations and managing close deliverables
• Perform and oversee effectiveness for key financial controls
• Special projects as required
• Travel to New Jersey and Montreal, Canada is required (Approx. 5%)

Preferred Qualifications:

• Experience in consumer products industry preferred
• Experience with systems like SAP, Blackline and Power BI
• Shared service center experience is appreciated

Benefits

• 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