Analyst – Account Receivable

Job Title: Analyst – Account Receivable

Location: Cranbury, NJ

Reports To: Director, Customer Care

Who We Are

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 and every 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.

At L'Oréal Operations, we create innovative, inclusive, and sustainable beauty together with our business partners by designing, developing, sourcing, manufacturing, and distributing over 6 billion products globally every year. We support over 36 brands across four L’Oréal divisions. We are consumer-oriented, and we act responsibly all along the value chain.

What You Will Learn

The essential role of Account Receivable Analyst is responsible for key activities related to Accounts Receivable (AR) processes and business functions. Responsibilities include ensuring all activity in the payment area are processed in a timely manner in accordance with the corporate norms and training as well as in support of the Cash Service team. In addition, accountabilities to the business include identifying risks and escalating for problem resolution. A continuous improvement mindset including identification of potential process and efficiency enhancements.

• Daily management and understanding of payment postings within automated system and correlating postings in ERP (SAP system) as related to Accounts Receivable and added complexity of discounts, deductions, and chargebacks
• Management of payment exceptions in new automated system, which requires investigative skills to report SAP posting accuracy and corrections as needed
• Optimize reporting and key performance indicators in the function and partner functions of Credit and Deductions
• Support reconciliation and inquiry - offer assistance in any AR-related advice and/or problem resolution
• Provide pro-active information related to risks and support action items to mitigate such risks
• Participate in customer-specific reviews and supply chain discussions to reduce delays and business interruption
• Collaborate with Credit and Deduction Resolution teams to improve deduction coding and application complexities
• Engage in work sessions and assist with streamlining internal processes toward standardization
• Meet to exceed established goals and align with industry standards
  
  

Job Requirements

What We Are Looking For:

• College degree in Accounting, Finance, Supply Chain, or Business Administration
• At least 1-3 years related work experience in a consumer product-related corporate environment
• Demonstrated analytical skills and problem-solving solutions delivered
• Strong and rapid decision-making ability
• Excel in handling multiple projects simultaneously with strong attention to detail
• Proven organizational and strategic planning skills
• Firm understanding of SAP A/R postings
• Able to handle difficult or challenging situations with diplomacy, tact, and professionalism
• Strong computer skills using Microsoft Office, Outlook, and proficient use of Microsoft Excel
• Experience with robotic process automation in finance or supply chain – High Radius and/or similar system, a plus
• Excellent interpersonal, oral, and written communication
  
  

What’s In It For You

• Competitive Benefit Package (Medical, Dental, Vision, 401K, Pension Plan)
• Hybrid Work Policy (3 Days in Office, 2 Days Work from Home)
• Flexible Time Off (Paid Company Holidays, Paid Vacation, Vacation Buy Program, Volunteer Time, Summer Fridays & More!)
• Access to Company Perks (VIP Access to L’Oréal’s Internal Shop for Discounted Products, Monthly Mobile Allowance)
• Learning & Development Opportunities for Career Progression (Unlimited Access to E-learnings, Lunch & Learn Sessions, Mentorship Programs, & More!)
• Employee Resource Groups (Think Tanks and Innovation Squads)
• Access to Mental Health & Wellness Programs
  
  

Don’t meet every single requirement? At L'Oréal, we are dedicated to building a diverse, inclusive, and innovative workplace. If you’re excited about this role but your past experience doesn’t align perfectly with the qualifications listed in the job description, we encourage you to apply anyways! You may just be the right candidate for this or other roles!

We are an Equal Opportunity Employer and take pride in a diverse environment. We would love to find out more about you as a candidate and do not discriminate in recruitment, hiring, training, promotion, or other employment practices for reasons of race, color, religion, gender, sexual orientation, national origin, age, marital or veteran status, medical condition or disability, or any other legally protected status.

If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to access job openings or apply for a job on this site as a result of your disability. You can request reasonable accommodations by contacting USApplicationAccommodation@support.lorealusa.com. If you need assistance to accommodate a disability, you may request an accommodation at any time.

Our Safe Together Plan: Your safety is our highest priority. We will proceed with caution and adhere to enhanced protection standards to ensure our sites are safe for all employees. We must all operate with the shared responsibility for each other’s health & safety in mind.