JOB GUIDELINE

FINANCE & CONTROLLING / Internal Control

Internal Control Manager

KEY JOB ACCOUNTABILITIES

Implement the internal control program defined by the Group Top Executives in order to strengthen the efficiency of
processes and prevent from the risks, contributing to the continuous and sustainable development of our activities. •
Ensure that managers are aware of the fundamental principles of internal control in their area by carrying out awareness
raising and training activities.
• Help managers to formalize local procedures in line with legislation and the Group's standards and integrating good internal
control practices.
• Regularly assess compliance of the entity's processes with the Group’s principles (standards, charters, policies, etc.).
• Coordinate projects intended to improve internal controls (e.g.: GATE, TOP 5, segregation of duties, the prevention of fraud
and corruption, the security of payment methods, specific projects, etc.).
• Run together with the CFO, the annual review of the external auditors and internal audit mission process.
• Check the handling of weaknesses and non-compliance by managers and monitor the implementation of the corresponding
action plans.
• Share initiatives and good practices with the Group's Internal Control Department.

PROFESSIONAL & TECHNICAL COMPETENCIES

MANAGING ACCOUNTING NORMS AND INTERNAL CONTROLS

Exhibits reporting controls & ensures compliance of transactions as it relates to the group accounting & managment standards
including GAAP/IFRS
EFFICIENT USE OF REPORTING & CONSOLIDATION
• Defines and produces financial reporting across all businesses.
• Drives & educates processes to benchmark, reporting and establishes best practices
MAXIMIZE FINANCIAL SYSTEMS
• Leverages knowledge and intuition around systems/data to provide insight into critical issues (SAP, Analyzer, Compass,
Magnitude...)
PLAN & ANALYZE BUSINESS PERFORMANCE
• Calculates & interprets financial results.
• Anticipates and identifies opportunities, risks and solutions to close the gap.
• Sets objectives, goals & targets.Recommends changes in a strategic direction.
OPTIMIZE COST OF SALES
• Applies costing methods to model and evaluate performance: PRI, cost benefit analysis, distribution, and knowledge of entire
supply chain
BUDGET FOR GROWTH
• Develops budgets and financial forecasts (trends) in collaboration with business: P&L, overhead, balance sheet, and working
capital
• Understands how these elements relate to achievement of overall business & financial targets
PROACTIVE BUSINESS PARTNER
• Using the L’Oreal knowledge as well as market & financial expertise to understand, improve & challenge overall effectiveness
of the business
• Using the L’Oreal knowledge, and market/financial expertise, to provide strategic recommendations contributing to the overall
effectiveness

L'ORÉAL COMPETENCIES
Acts / leads with human sensitivity
• Displays sensitivity to our “métier”
• Demonstrates entrepreneurship
• Innovates
• Achieves results, with integrity
• Manages complexity
• Interacts effectively