[2024] LOA - UKI - EC25: HR Cost Controlling Degree Apprenticeship

L'oreal Usa; London; On-site; GBP 28,000 - 35,000; Full time

Job summary

Join a leading global company as a finance intern where you will gain hands-on experience in financial analysis, budgeting, and forecasting. This role offers comprehensive training and the opportunity to collaborate with finance and HR teams while working towards a Chartered Management Degree. Ideal for candidates eager to develop a robust foundation in finance.

Qualifications

• Strong interest in finance is essential.
• Comfortable with spreadsheets and financial concepts.
• Organized, detail-oriented, and a team player.

Responsibilities

• Manage budgets and conduct financial analysis.
• Predict spending using financial forecasting techniques.
• Create and present financial reports.

Skills

Financial analysis

Budgeting

Forecasting

Data analysis

Team collaboration

Education

GCSEs in English and Maths at Grade C (4, or equivalent)

A level or equivalent in International Baccalaureate

Chartered Management Degree

Tools

SAP

Compass

Job description

Degree: Chartered Management Degree, University of West London (Tuition fully covered!)

Duration: 3 years + final project

About the Team:

You'll join our friendly four-person Corporate HR Cost Controlling team. They're the financial guardians of L'Oréal, making sure money is spent wisely on our people. This is a very financially-focused role, giving you a strong foundation in business finance. We work closely with finance and HR teams across the company.

What You'll Do:

• Manage budgets: Keep track of how much we spend on our people, especially external staff. This involves a lot of financial analysis and planning.
• Predict spending: Use financial forecasting techniques to estimate future costs.
• Analyse data: Dive deep into financial data, find trends, and explain what's happening. You'll become a pro at using spreadsheets and financial reports.
• Create reports: Become a reporting whiz using systems like SAP and Compass (we'll train you!). These reports will be used for key financial decisions.
• Present findings: Confidently share your financial insights with different teams, explaining complex data in a simple way.
• Work on special projects: Contribute to other finance-related projects, like analysing costs for employees working abroad.

Who You'll Work With:

You'll collaborate with HR and finance teams across L'Oréal, including our international team in Madrid.

What You Need:

• Strong interest in finance: This role is heavily finance-focused, so a genuine interest in this area is essential.
• Numbers know-how: Comfortable with spreadsheets, basic math, and financial concepts.
• Organized & detail-oriented: Able to manage lots of information and spot key details, crucial for accurate financial reporting.
• Team player: Works well with others and enjoys collaborating on financial projects.
• Eager to learn: Excited to pick up new financial skills and systems.
• Previous experience in finance/cost control

What You'll Gain:

• Valuable financial skills: Become an expert in financial analysis, budgeting, forecasting, and reporting.
• Respected degree: Earn a degree that will open doors for your career, particularly in finance-related roles.
• Real-world experience: Gain hands-on experience in a finance-focused role at a top global company.
• You must NOT have already obtained a degree
• Eligible to work in the UK
• Have GCSEs in English and Maths at Grade C (4, or equivalent)
• Have achieved a BBC at A level or equivalent in International baccalaureate or other courses.

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.

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