MBA Vacancy at L’Oreal: Check Post Details

Overview:

L’Oreal is hiring eligible and interested applicants for the post of Senior Manager – HR Controlling at their Bangalore, Karnataka, India location. The Manager – HR Controlling plays a vital role in managing and overseeing Headcount and People Cost within the organization. This position requires a strong analytical mind, attention to detail, and the ability to collaborate effectively with various stakeholders, including HR, Finance, and Zone teams. The HR Controller is responsible for ensuring accurate budgeting, forecasting, and reporting of HC and IPC, providing key insights to senior management, and managing recharge processes.

To complete details for this job are as follows.

Role and Responsibilities:

• HC/IPC Budget Management: Manage and control headcount and IPC budgets within the Carol system. This includes analyzing trends, preparing forecasts, and ensuring alignment with pre-budget budgets and ongoing trends. Proactively identify and address potential budget variances.
• Flash Reporting and Analysis: Prepare and present data-driven insights on HC, IPC, and attrition trends to the Managing Director, HR Director, and CFO during regular flash meetings. Provide concise and actionable recommendations based on data analysis to facilitate informed decision-making.
• Monthly Provisioning: Calculate and provide accurate and timely monthly provisions for various HR-related expenses, including one-time expenses, severance pay, Short-Term Assignments (STA), expatriate costs, Long Term Incentives, and other relevant accruals. Ensure proper accounting and reconciliation of these expenses.
• Monthly IPC Data Reconciliation: Collaborate closely with Finance Controllers to ensure the accuracy of IPC-related entries in financial systems. Perform monthly reconciliations of HC and IPC data, investigating and explaining any deviations or discrepancies.
• Recharge Processing: Work with Zone HR Business Partners (HRBPs) and Finance Controllers to generate Purchase Orders (POs) for recharges. Manage the timely and accurate processing of Inter-Group (IG) invoices and zone recharges, ensuring proper documentation and compliance with internal policies.
• Process Improvement: Continuously evaluate and identify opportunities to improve HC and IPC management processes. Recommend and implement enhancements to streamline workflows and improve efficiency.

Key Competencies:

• Must have strong knowledge of HR Processes and Finance systems
• Must be able to integrate with the HR Team, Finance Team and other Cross functional teams.
• Must have complete understanding of Commercial working environment.
• Act as an enabler and be Solution oriented.
• Agility and adaptability to evolving business environment.
• Demonstrate high level of accuracy and respect to timelines.

Key Relationships:

• Corporate Finance
• BEST team
• Regional Finance
• Division Finance
• IT Teams
• Physical Demands (e.g. % travel):
• Travel will be need based.

Education:

• MBA Finance

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