Who we are?

Change is the DNA of L'Oréal; we are constantly leading the beauty industry to go beyond. In 1909, we began as a small store selling hair dye. Today, we have a portfolio of 36 international brands and a global presence in 150 countries.

At L'Oréal, there are 6 in-house Business Services Centers supporting the Group. Our L’Oréal Global Business Services, with mission of providing excellence Finance Services, improving operational performance and processes continuously resulted in world-class Finance Services and catalyst for Finance Process Transformation, and delivering top efficient and effective processes whilst maintaining integrity. In order to transform our vision into reality we are working on the following 3 mindset pillars: DO THE RIGHT THING, DO IT RIGHT AND DO IT BETTER.

One of centers set up in Kuala Lumpur, Malaysia – BEST KL (BEST stands for Business Expertise, Services & Technologies), provides financial services to over 20 L’Oréal markets across North Asia & SAPMENA (South Asia Pacific, Middle East & North Africa) regions.

Key Job Responsibility

The Accountant is responsible for;

General ledger and group consolidation reporting.
Coordinate accounting closing performed by Accenture.
Perform account reconciliation in BSC scope and arrange balance sheet reviews for assigned countries with head of accounting and countries chief accountant and countries CFO.
Being a key contact of accounting for assigned countries in terms of provision, consolidation report.
Improve accounting GL & reporting processes and working closely with DEX team.
Responsible for KPIs that are linked to GL & reporting for assigned countries.
He / she reports directly to Accounting Leader.

GL accounting
Prepare and post General Ledger entries according to Group requirements: provision for risks and charges, journal entries for adjustments…
Prepare and finalize Balance Sheet, trial balances for entities he/she is in charge of.
Review summary of variations of provisions
Prepare account reconciliations and follow up the actions to ensure balance sheet are clean.
Arrange balance sheet reviews with country chief accountants and country CFOs for entities he/she is in charge of.

Consolidation Reporting
Prepare and finalize CONSO reporting based on pre-defined schedules to ensure timely and quality package submission.
Responsible for quarterly closing and HRDC consolidation reporting for the hard close in May and November.
Review the consolidation reporting with countries chief accountants and ensure issues are timely resolved.
Prepare other group reporting defined in BSC scope.
Be a key accounting contact with group consolidation team for the entities he/she is in charge of.

Accounting Internal Control

Perform and ensure operational controls for General Ledger and Reporting, as per TAP requirements.
Ensure legal requirements and IFRS standards are respected
Provide quality service to countries.
Manage efficiency communications with stakeholders in countries and group for entities he/she is in charge of.

Who we are looking for

Minimum of 7 years of work experience in accounting, including manager/supervisor role.
Strong knowledge of IFRS accounting standards and regulations in Asia.
Solid knowledge of accounting process and practice, and ERP (SAP) system.
Experience of managing a professional accounting team.
CPA or equivalent is a plus
Experience in a multinational company or shared services organization strongly preferred.
Ability to manage complexity and dynamic business situation.