L’Oreal Hiring for Graduate Scheme – Finance – January 2023 Job at London, England Full Time

Based: Hammersmith

Duration: 12 months on scheme but unlimited contract

Start Dates: January 2023

Annual Salary: £30,000 per annum

If you’re a results-driven worker with a strong eye for numbers and analysis, then there’s no better experience than the Finance Management Trainee Scheme at L’Oréal. We give you the responsibility you need to thrive and make a real difference during your time here.

Each year we offer up to 35 graduates from all different degree disciplines, the opportunity to join our programme across 4 business areas. The scheme lasts for 12 months and is made up of two 6 month rotations across a variety of different roles. This early exposure will equip you with the breadth of knowledge to ensure you start off with a strong footing in your career with us.

You will…

In L’Oréal, Finance is at the heart of our decision making and our finance team forms an integral part of our management teams. Finance is a delocalised function and sits alongside the sales, marketing and operational teams.

Your rotations could encompass an experience in a commercial team, corporate finance, internal controls, accounting or financial planning and analysis team. It could also include a rotation in an associated function such as Purchasing.

We would expect you to be results driven with highly tuned analytical skills. Attention to detail is paramount and you will be expected to gain a thorough understanding of the business environment in which your placement takes place.

You will also need to demonstrate an initiative to contribute your ideas to the team in which you operate.

That’s why we look for people who thrive in an environment where their financial knowledge is utilised to get results.

Your day -to-day may include…

• Some of our recent finance graduates have been given a broad range of responsibilities, including:
• Researching and planning a strategy on how to save costs in paying suppliers and presenting this to senior management for company-wide rollout
• Managing the budget for a brand worth over £2.5M
• Manage and control costs for a specific area throughout the year
• Ad hoc analysis for shareholders
• Participation to budget and trend construction (planning and forecasting quarterly)
• Follow up PO process
• Monthly financial closing (accruals and journals)
• Monthly Financial reporting to business partners

You have…

• Results driven mentality with an ability to achieve set objectives
• Strong numerical and analytical skills
• A strong analytic background and the ability to study and interpret complex information to drive business decisions and highlight opportunities for growth
• Confident in using Microsoft Excel and PowerPoint
• Strong organisational skills and ability to prioritise effectively
• Interest in the beauty industry and upcoming trends
• Confident in presenting
• Actively seek innovative business solutions and suggest new ideas
• Proactive individual, able to self-manage projects, adjust priorities and work under pressure.
• Showcase a high level of autonomy to support your stakeholders.

You are…

• Either in your final year of University graduating in 2022 or have graduated in the last 2 years
• Able to join either of the start dates advertised
• Eligible to work in the UK without visa sponsorship (unfortunately we do not sponsor visas at this level)

Next steps…

Once you click apply you will be asked some questions to check you are eligible for this role. These will questions around your current situation, whether you’re happy with the salary, location etc.

If you are eligible to apply you will then be sent a link via email to a Competency Assessment. In this we would like you to answer three competency questions, two written and one via video. Although there is no time limit on this the quicker you get it finished the quicker we can continue to move you through the process! The video element of the assessment is translated into a text and scored, so please don’t worry what you look like, just worry about what you’re saying!

If you have met our benchmark we will then send you some cognitive tests to complete. These will be sent via an email link and will give us a great idea on your numerical ability as well as testing you in a few other areas. Remember practise makes perfect so make sure you’re prepared when you give these a go!

We will then do a final review of your entire application and if successful, invite you to an Assessment Centre. Please be patient with us as we receive a high volume of applications and want to spend time going through each of them.

Our Assessment Centres this year will all be completely virtual; they will be running from when applications open until the roles are filled. These Assessment Centres are specific to function, so please be patient if you don’t get invited straight away – it might just be because your function’s Assessment Centre date isn’t until later on in the recruitment period!

Please note, if you apply for more than one role you will be put forward for the one we deem most suitable for you. If you have a strong preference, please only apply to that one role to ensure you are considered for the correct role.