Finance Industrial Placement - Wales

by L'Oreal

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Job Details

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Deadline: 31st January 2018
Salary: £20,000
Length: Placement (10 Months+)
Roles: Business Management, Financial Management
Location: Wales
City: Llantrisant

About L'Oreal

With 34 world-famous brands selling in 140 countries, it’s easy to see why L’Oréal are the world’s No. 1 cosmetics group. Even our brands are household names in their own right. From Ralph Lauren to Diesel; Maybelline to Urban Decay, if there’s a name you love in cosmetics, there’s a good chance it’s ours. That’s because we have the best talent in the business, constantly working to invent and revolutionise the industry.

Finance Industrial Placement - Wales

This placement provides an excellent opportunity for you to really understand and experience the role of the finance function within a business. You will be an integral part of the team using all major financial software programmes i.e. Salesforce, SAP and Magnitude. You will benefit from direct exposure to people in all functions including marketing, purchasing and IT providing you with the perfect opportunity to understand how L'Oréal operates. 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.

Principle Accountabilities

  • Optimising the Group’s financial results by controlling/ensuring financial discipline.
  • Financial assistance to Marketing Controller and marketing teams on a day to day basis.
  • Analysing, reporting and ensuring correct procedures are enforced
  • Provide key corporate decision-makers with timely and accurate information
  • Using your initiative to manage growth and contribution to everything from product launches to pricing strategies.
  • Full ownership of month end media reconciliation, looking at actuals to media plans. Involves liaising with our external media company to ensure the correct media costs are taken within the month.
  • Assist in smooth closure of the month end process; ensuring costs are accounted for correctly within the P&L by running SAP reports and liaising with the marketing and purchasing teams.
  • Communication of weekly statistics to the marketing teams.
  • Calculation of month end commission on media to send to the advertising agency for billing.

Job Requirements

  • Have strong technical skills along with an ability to analyse and draw conclusions from complex data, use this insight to provide reasoned recommendations
  • Confident in using with ease Microsoft Excel with the aptitude to learn more
  • Enjoy seeking new and creative solutions to business problems and using financial skills to approach these with an objective and rational view.
  • Demonstrate an ability to work in a multi-functional environment, and interact effectively with your business partners outside the Finance function
  • Be able to operate in a fast moving environment and to manage time efficiently in order to meet deadlines

Additional Information

Duration: 12 Month Industrial Placement
Eligibility: You must be in your 2nd year of University

How to apply

For more information and to apply, click the button below.

Please note that once you have submitted your application the Graduate Team will be reviewing it at the first available opportunity. However, in some instances you may be waiting a number of weeks to be hearing back from us due to other team constraints.

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