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Vice President, Research & Innovation (R&I) Finance

Clark, NJ, New Jersey

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Permanent

New Jersey

Clark, NJ

Finance

Full - Time

29-Aug-2024

Job Title : Vice President- Finance, Purchasing, Patent, Legal & Portfolio Management

Division: Research & Innovation

Location: Clark, New Jersey

Reports To: President- R&I

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, Research & Innovation is a vast, multidisciplinary, scientific community working in more than 30 specialized fields, spread out across the world in 21 research centers across 6 regional hubs, 14 evaluation centers , and 49 scientific and regulatory departments. Our employees represent over 60 nationalities and are united for one passion: to invent and perfect innovative, high-performance cosmetic products for the well-being of men and women across the world. Research & Innovation is at the core of our transformation! Come join our dynamic team!

What You Will Do :

This multifaceted leadership role drives financial performance, strategic operations, and legal compliance for L’Oréal’s Research & Innovation Hub in Clark, NJ. Overseeing Finance, Purchasing, Patent Management, Legal, Portfolio Management (PFM), and Data Privacy coordination, this role demands a strategic thinker with a strong operational understanding of finance and campus management, as well as the leadership skills to empower and guide expert teams. This position reports locally and requires a high degree of autonomy and "cultural intelligence" to collaborate effectively with global counterparts across diverse areas of responsibility.

Leadership & Strategy:

• Provide strategic leadership and direction across Finance, Purchasing, Patent Management, Legal, PFM, and Data Privacy, ensuring alignment with global R&I objectives and local operational needs.

• Foster a culture of collaboration, innovation, and excellence, promoting synergy between specialized teams and fostering strong relationships with global counterparts.

• Exemplify “cultural intelligence,” demonstrating sensitivity and adaptability when collaborating across diverse cultures and geographies within the global L’Oréal network.

  Finance & Campus Operations:

• Lead financial planning and analysis for the R&I Hub, including budgeting, forecasting, reporting, and providing insightful financial analysis to guide decision-making.

• Oversee financial compliance and risk management activities, ensuring adherence to L’Oréal standards and regulatory requirements.

• Provide hands-on management of campus-related projects, ensuring successful execution and alignment with R&I objectives.

  Strategic Team Leadership:

• Purchasing: Provide strategic direction and oversight to the purchasing team, ensuring effective sourcing strategies, supplier relationship management, and cost optimization.

• Patent Management: Guide the patent management team in developing and executing strategies to protect L'Oréal's intellectual property assets throughout the patent lifecycle.

• Legal: Oversee legal counsel and support to the R&I Hub on contracts, intellectual property, regulatory compliance, and litigation, ensuring alignment with L'Oréal standards.

• Portfolio Management (PFM): Provide strategic guidance and performance management to the PFM team, ensuring alignment with overall R&I priorities and resource allocation.

• Data Privacy Coordination: Oversee data privacy initiatives, ensuring compliance with relevant regulations and L’Oréal’s commitment to data protection.

  What We Are Looking For :

  Required Qualifications :

• Bachelor's degree in Finance, Accounting, Engineering, or a related field

• 15+ years of progressive leadership experience, demonstrating a successful track record in financial management, strategic operations, and leading specialized teams.

• Proven ability to lead and empower teams through influence and mentorship, driving performance through effective delegation and performance management.

• Excellent communication, interpersonal, and cultural intelligence skills, with the ability to build strong relationships and navigate a global, matrixed organization.

• Strategic thinker with a pragmatic approach to problem-solving, comfortable with autonomy and able to make sound decisions aligned with L’Oréal’s values and objectives.

  Preferred Qualifications:

• MBA, JD, or other relevant advanced degree preferred

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 (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 [email protected] . If you need assistance to accommodate a disability, you may request an accommodation at any time.

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