Director, Record to Report

Director, BEST Record to Report

• Division: BEST Finance
• Location: Tampa, FL
• Reports To: AVP, BEST Record to Report

For more than a century, L’Oréal has devoted its energy, innovation, and scientific excellence solely to one business:
Beauty. Our goal is to offer each person around the world the best of beauty in terms of quality, efficacy, safety, sincerity, and responsibility to satisfy all beauty needs and desires in their infinite diversity.

The role of a Record to Report (R2R) Director is a critical leadership position within an organization's finance function. This individual is responsible for overseeing the entire financial closing and reporting process, ensuring accuracy, integrity, and compliance with various accounting standards and regulations. The R2R Director plays a pivotal role in delivering timely and precise financial information to both internal and external stakeholders, which is essential for strategic decision‑making and operational feedback.

The R2R Director leads and manages all facets of the Record to Report function. This encompasses general ledger accounting, the financial close process, reconciliations, and comprehensive financial reporting. A key aspect of this role is maintaining robust financial controls, driving continuous process improvements, and ensuring strict adherence to accounting standards and regulatory requirements. The Director is also responsible for leading, developing, and mentoring a team of finance professionals, cultivating a high‑performance culture focused on continuous improvement.

• Leadership and Team Management
  • Provide strong leadership, clear direction, and effective mentorship to the R2R team.
  • Foster a collaborative environment that promotes high performance and continuous improvement.
  • Establish clear goals and objectives, monitor team performance, and deliver regular feedback and coaching.
• Financial Close Process and Reporting
  • Supervise the monthly, quarterly, and annual financial close processes to ensure timely, accurate, and complete financial statements.
  • Lead end‑to‑end R2R operations, including the management of journal entries, intercompany transactions, fixed assets, and account reconciliations.
  • Prepare and rigorously review balance sheet financial statements (income statements, balance sheets).
  • Ensure the timely and accurate delivery of financial reports, providing insightful analytics to key business stakeholders to support their decision‑making.
• Reconciliation and Analysis
  • Manage the meticulous reconciliation process for all balance sheet accounts, including bank accounts, intercompany transactions, and prepaid expenses.
  • Conduct thorough variance analysis to identify trends, anomalies, and areas ripe for improvement, providing valuable insights to senior management.
  • Perform in‑depth financial data analysis and offer data‑driven insights to support decision‑making processes.
• Compliance and Internal Controls
  • Ensure unwavering compliance with International Financial Reporting Standards (IFRS).
  • Collaborate effectively with both internal and external auditors to facilitate audits and promptly address any inquiries or findings.
• Process Improvement and Optimization
  • Proactively identify opportunities to streamline R2R processes, enhance controls, and optimize resource allocation to significantly improve efficiency and effectiveness.
  • Lead or actively participate in cross‑functional projects aimed at implementing process improvements, system enhancements, and automation initiatives (e.g., Blackline automation).
  • Develop and diligently maintain comprehensive process documentation, Standard Operating Procedures (SOPs), and internal controls.
  • Drive operational effectiveness through the strategic utilization of shared service models.

• Education: A Bachelor's degree in Accounting, Finance, or a closely related field is typically required.
• Certifications: A Certified Public Accountant is preferred.
• Experience:
  • Extensive progressive experience (typically ranging from 7 to 10+ years) in accounting, finance, or a related field.
  • A minimum of 5-7+ years in a supervisory or managerial role, with…