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L'Oreal USA Manager Luxe USA Brands DMI Margin and Profitability in Jersey City, New Jersey
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Manager Luxe USA Brands DMI Margin and Profitability
Jersey City, NJ, New Jersey
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Permanent
New Jersey
Jersey City, NJ
Finance
Full - Time
18-Feb-2025
Job Title Manager Luxe USA Brands DMI Margin and Profitability
Division: Luxe
Location: Jersey City, NJ from July ’24-july ’25, then relocating to 10 Hudson Yards, NY
Reports To: AVP RL/iT DMI Controller with a dotted line to the Sr Mgr of Margin
Who We Are:
For more than a century, L’Oréal has devoted its energy, innovation, and scientific excellence solely to one business: Beauty. Our goal is to offer each and every person around the world the best of beauty in terms of quality, efficacy, safety, sincerity and responsibility to satisfy all beauty needs and desires in their infinite diversity.
At L'Oréal Luxe our mission is to provide our consumers the best products and brand experience by making it unique. Our portfolio is composed of 21 brands including major brands, highly aspirational and multi-expert, such as Lancôme, Yves Saint Laurent, Giorgio Armani and Kiehl’s.
At L’Oréal, our Finance teams turn data into insights and risk analysis into solutions while ensuring the Group’s financial performance is top notch. We have a diverse range of expertise at L'Oréal Finance, including Financial Planning & Controlling, Internal Audit, Mergers and Acquisitions, Treasury, Tax and Consolidation. We bring numbers to life! Come join our dynamic team!
What You Will Do:
This position will have full Product Margin responsibilities for Ralph Lauren and iT Cosmetics. This includes leading and driving the Transfer Price and profitability processes for the brands as well as supporting the AVP of Finance for RL/iT on profitability topics.
This position works directly with the Luxe DMI Finance Brand leaders, Luxe WW Division DMI Finance, Luxe Operations and the USA Affaire March Finance Teams.
Responsibilities include:
Piloting and Transforming Inter Group Margin [40%]:
Gross Margin Champion of both Ralph Lauren and iTCosmetics P&Ls
Maintain the Margin Dashboard for monthly closes and trend activities, including InterGroup Eliminations for on-hand stock
Compile monthly performance summaries and commentary on margin performance
Closely monitor all inter-group billings are accurate with current transfer price and all master data is up-to-date for existing products, including sets and non-salable
Work with BEST USA Margin Team to ensure USA Margin is accurate and partner with USA brand controllers on any issues or missing prices
Be a Compass AFP tool master user and coordinate with Luxe Division DMI Finance to enhance performance and maintenance for the USA Brands
Partner with Supply Chain on Freight In costs and controls
Co-Pilot Profitable Growth [40%]:
Work with the RL and iT Mkting team to ensure all new launches are accretive to the Product Margin of the Zones, including Magellan system management and internal controls
Become the brand profit protector in Sr, Ops and Project Development Meetings
Influence RL and iT DMI Mkting Teams to make best business decision
Cross-pollinate best practices from other brands to improve Margin
Transform Projects [20%], including navigation into the NEO environment in 2026
People Responsibilities include:
Dotted line responsible (cross matrix) of two additional margin controllers
Key KPIS for the role:
100% Accuracy of the Finished Good and Non-Salable Transfer Prices invoiced to the inter-group customers for all brands
All future launches have accretive value to the Product Margin of the P&L
Ensure quick response and accuracy to all external audit requests
What We Are Looking For:
Required Qualifications:
Bachelor’s Degree in Finance/Accounting/ Marketing or a related field. MBA preferred, but not required
At least 5 years of overall experience in internal or external audits/ internal control
Excellent at data management and understanding of systems including excel
Must be able to stick to deadlines and timing for critical moments for the business
Must be a proactive team player willing to work with both global and local partners to solve problems
As an integral part of our culture at L’Oréal, wellness is at our core. We not only offer a generous Benefits Package (Medical, Dental, Vision, 401K), we also offer flexible time off, work from home days, and a pension plan! Additionally, you will have access to company perks such as Makeup, Skincare, and Fragrance! Employees receive a stipend for L'Oréal products as well as VIP Access to L’Oréal’s Internal Shop for Discounted Products, and other perks such as Monthly Mobile Allowance, discounted gym memberships, and ERGs.
Additional Benefits Information As Follows:
Salary Range: $98,400 - $140,200 (The actual compensation will depend on a variety of job-related factors which may include geographic location, work experience, education, and skill level)
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 (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
Don’t meet every single requirement? At L'Oréal, we are dedicated to building a diverse, inclusive, and innovative workplace. If you’re excited about this role but your past experience doesn’t align perfectly with the qualifications listed in the job description, we encourage you to apply anyways! You may just be the right candidate for this or other roles!
We are an Equal Opportunity Employer and take pride in a diverse environment. We would love to find out more about you as a candidate and do not discriminate in recruitment, hiring, training, promotion, or other employment practices for reasons of race, color, religion, gender, sexual orientation, national origin, age, marital or veteran status, medical condition or disability, or any other legally protected status.
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