Brand Controller - CPD

Job description / Role

The world leader in cosmetics, L’Oréal 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’Oréal 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’Oréal 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’Oréal 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 Consumer Products Division for the position of Brand Controller. In this role, you will be responsible for driving the Brand P&L for the specific brands of the Consumer Products Division of L’Oreal 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 analyses in order to detect risks and propose the actions required to maintain budgetary objectives
• Managing profitability of each brand under the consumer products 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 a business partner with the 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 the completion of any group internal control audit in a satisfactory manner.
• Delivery of all channels P&L.
• Timely monthly closings and reportings.
• Preparations of P&L of all Channels 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 a complete understanding of the Indian FMCG commercial working environment.
• Must have a working knowledge of SAP and business tools.
• Act as an enabler.
• Solution oriented.
• End-to-end understanding.
• Agility and adaptability.
• Act as a business partner.
• Should have a high level of accuracy and must respect timelines.
• Must not be doing a postmortem of results at month end rather should be on top of his business on day to day basis in order to take the right decisions timely.

Key Relationships:

• Commercial Teams.
• Commercial Controllers.
• Corporate Finance.
• Regional Finance.
• Zonal Finance.

Requirements

Physical Demands (e.g. % travel):

• Travel will be need based

Education:

• Chartered Accountant/Cost Accountant

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

About the Company

For more than a century, we have devoted our energy and our competencies solely to one business: beauty. We have chosen to offer our expertise in the service of women and men worldwide, meeting the infinite diversity of their beauty desires. We are committed to fulfilling this mission ethically and responsibly.