Maharashtra Senior financial controller Jobs – 118 Open Jobs Today

Senior Manager - Sourcing, SCALE
l'Oréal —Mumbai, Maharashtra
- Full-time
- Engineering
- Master's degree
- Bachelor's degree
Quick apply
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Citi —Mumbai, Maharashtra
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1d
US regulatory report FR Y-14 Senior Analyst- Assistant Vice President
Citi —Mumbai, Maharashtra
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Citi —Mumbai, Maharashtra
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Citi —Pune, Maharashtra
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Nomura —Mumbai, Maharashtra
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Messung Group —Pune, Maharashtra
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Deutsche Bank —Mumbai, Maharashtra
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Citi —Pune, Maharashtra
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PwC —Shivaji Park, Mumbai, Maharashtra
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Financial Planning and Analysis - Associate
JPMorganChase —Mumbai, Maharashtra
- Full-time
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Senior Manager - Sourcing, SCALE

l'Oréal -
Mumbai, Maharashtra

Quick apply

Job details

Full-time
8 hours ago

Qualifications

Sourcing
Engineering
Master's degree
Bachelor's degree
Business Administration
MBA

Full job description

We have a suitable opening in the Operations - Sourcing department for the role of Senior Manager, Sourcing - Raw Materials (RM) based in Mumbai, who will lead the sourcing of a complex portfolio of Raw Materials for L'Oréal's manufacturing plant in Indonesia

JOB RESPONSIBILITIES:
1 - Economic Performance Management

Cost & Price Control: Maintain rigorous governance over raw material (RM) pricing structures and cost flows entering manufacturing facilities.
Budgeting: Formulate the annual budget, complete with granular and highly structured variance analyses.
Trend Tracking: Perform quarterly forecast updates and sensitivity analyses based on evolving market pricing.
Variance Visibility: Ensure absolute alignment and clear reconciliation between actual Purchase Price Variance (PPV) and projected financial trends.
Cost Drivers: Develop and maintain deep transparency regarding the underlying cost drivers and feedstocks of key raw materials.

2 - Negotiations and Pricing

RFx Collaboration: Active participant in the global sourcing process, ensuring plant-level inputs are seamlessly integrated into Worldwide (WW) Buyer RFx tenders.
Plant Advocacy: Champion local manufacturing needs and constraints to WW Buyers during global negotiations.
Cost Optimization: Partner with and influence WW Sourcing to secure highly competitive raw material costs for local plants.
System Integrity: Coordinate with WW Sourcing to guarantee the timely availability and accuracy of approved pricing within internal L'Oréal portals.
Portfolio Rationalization: Partner with Research & Innovation (R&I) to drive raw material simplification and optimization projects.
Value Chain Savings: Continuously identify and execute cost-reduction and value-engineering opportunities across the RM value chain.

3 - Supply Chain Security and Agility

Risk Mitigation: Develop and implement robust Business Continuity Plans (BCP) for all critical raw materials utilized at the plants.
Supply Reliability: Guarantee a highly resilient and compliant supply chain from approved manufacturers directly to L'Oréal manufacturing sites.
Launch Security: Secure the supply of raw materials for new formula innovations, launches, and product renovations.
Production Transfers: Oversee raw material supply risks during manufacturing transfers (insourcing, plant relocations) to maximize supply chain efficiency.
Crisis Management: Provide immediate, hands-on support and solutions to factories during raw material shortages, supply chain tensions, or market disruptions.
Inventory Safety: Monitor plant safety stock coverage to ensure compliance with Global Risk Management inventory policies.

4 - Systems & Digitalization

Reporting & Analytics: Lead the design and deployment of advanced reporting systems and analytical dashboards.
Process Automation: Identify and execute opportunities to automate repetitive tasks and optimize workflows.

5 - Supplier Relationship Management (SRM)

Consolidator Management: Govern strategic partnerships with Consolidators who facilitate raw material imports and manage localized safety stocks.
Local Sourcing Network: Build and maintain an active database of localized distributors and stockists to rapidly absorb sudden plant demand surges.

6 - Affiliate Relations: Cultivate strong supplier relationships with the localized affiliates of L'Oréal's globally approved manufacturers.

KEY RELATIONSHIPS:

Direct Reportees - Nil (Individual Contributor)
Internal Stakeholders
Manufacturing Quality Team
Manufacturing Supply Chain Team
Finance Controller
Product Development
Research & Innovation
External Stakeholders - Suppliers

Expected Qualifiers to apply for the role:

Experience: At least 8 years of professional life, preferably with 3 years in FMCG sourcing or sourcing of Chemicals
Education: At least bachelor's in engineering, MBA Preferred
Competencies: Data Analytics will be significant advantage for the role

TRAVEL REQUIRED: Approx 20% of time, mostly to countries of the L'Oréal plant.

Quick apply

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