Senior Manager- Finance Controller

L'Oréal; Mumbai; On-site; INR 1,800,000 - 2,400,000; Full time

Job summary

L’Oréal in Mumbai seeks a Finance Controller for the Research & Innovation (R&I) unit. You will act as the financial co-pilot, driving closings, budgeting, and performance analytics to support strategic decisions.

The role requires CA or CMA with 7+ years in FP&A or finance controlling, preferably in FMCG or pharmaceutical sectors; strong SAP/Excel skills and stakeholder management.

Qualifications

• CA or CMA certified.
• 7+ years in FP&A or Finance Controlling.
• Background in FMCG or Pharmaceutical sectors.
• Strong analytical acumen and proficiency in SAP/Excel with stakeholder management.

Responsibilities

• Lead and guarantee accuracy of monthly, quarterly, and yearly closings for the R&I BU, including CWIP capitalization.
• Spearhead end-to-end budgeting and trend construction; manage OPEX and CAPEX budget allocations.
• Deliver MIS reporting and variance analysis; monitor KPIs including PO management and vendor payments.
• Serve as a strategic financial advisor to R&I teams with robust internal controls and transformation projects.

Skills

Analytical thinking

Stakeholder management

Education

CA or CMA certification

Tools

SAP

Excel

Job description

Who We Are

L’Oréal is present in 150 markets on five continents. For more than a century, L’Oréal has devoted itself solely to ‘Create beauty that moves the world’; it is now the industry world leader with €42 billion consolidated sales. Together, we solve complex challenges at scale, while making sure we stay committed to making the world a more inclusive and a better place for everyone & our planet.

Who We Are

L’Oréal is present in 150 markets on five continents. For more than a century, L’Oréal has devoted itself solely to ‘Create beauty that moves the world’; it is now the industry world leader with €42 billion consolidated sales. Together, we solve complex challenges at scale, while making sure we stay committed to making the world a more inclusive and a better place for everyone & our planet.

At L’Oréal Research & Innovation we are pushing the boundaries of Science & Tech. We invest heavily in cutting-edge research, leveraging advanced technologies to understand skin, hair, and microbiome, while discovering new active ingredients and launching outperforming formulas. Our 4,100 L'Oréal R&I experts leverage Science & Technology to invent safe, trustable, sustainable & responsible beauty products and experiences that will change people’s lives.

Responsibilities

As our Finance Controller based in Mumbai, you will act as the key financial co-pilot to the R&I business unit, driving strategic decision-making and performance. Your core responsibilities include:

• Financial Stewardship & Closings: Lead and guarantee the accuracy of monthly, quarterly, and yearly closings for the R&I BU. Drive precise tracking of Capital Work in Progress (CWIP) and capitalization.
• Budgeting & Strategic Planning: Spearhead the end-to-end budget and trend construction process. Manage and optimize OPEX and CAPEX budget allocations to maximize resource efficiency.
• Performance Analytics & MIS: Deliver high-quality MIS reporting and deep-dive variance analysis. Proactively track Risks & Opportunities and monitor key financial KPIs (including PO management and vendor payments).
• Advisory & Governance: Serve as a strategic financial advisor to R&I teams. Ensure robust internal control compliance across the hub and actively drive special financial transformation projects.

We Are Looking For

• Qualifications: CA or CMA certified.
• Experience: Highly experienced (7+ years) in FP&A or Finance Controlling.
• Industry: Proven background in FMCG or Pharmaceutical sectors.
• Skills: Strong analytical acumen, proficiency in financial systems (e.g., SAP, Excel), and excellent stakeholder management.

What’s In It For You

• A place for you to leave your comfort zone and grow beyond your potential
• Real responsibility from day 1, there’s no sitting on the sidelines at L’Oréal
• An environment where people of every ethnicity, social background, age, religion, gender and sexual orientation as well as people with disabilities are accepted, can speak up, will thrive and are celebrated!
• A place where you can contribute to something bigger!

We’re committed to guaranteeing inclusive recruitment processes and advocating for ethical hiring.