2021 L’Oréal USA Summer Internship Program – Finance

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L'Oréal

L'Oréal

2021 L’Oréal USA Summer Internship Program – Finance

New York, NY
Internship
Paid
  • Responsibilities

    At L'Oréal, whether you are an intern, manager, or senior leader, the most valuable asset we have is you. Your unique sense of curiosity, creative mindset, and desire to innovate are what we expect you to bring with you every day.

    The L’Oréal USA Summer Internship Program is a paid, 11 week experience where you will be fully integrated into the day-to-day activities of a team while also leading your own, individual strategic project to discover what it is truly like to develop a career at the #1 Beauty Tech company in the world. We are committed to giving our interns the space to explore, to have full time employee responsibilities, present their own insights to senior management, and to become future leaders. At the end of the summer you will present your project to senior leadership for the opportunity to be considered for a full-time return offer into a Management Trainee program or a full-time role.

    Applications for the L’Oréal USA Summer Internship Program will close on Friday, December 4, 2020. All applicants will receive an updated status of their application by Friday, January 8, 2021. Applications are reviewed on a rolling basis, so it is highly encourage to apply soon. We encourage students of diverse backgrounds to apply, including, but not limited to race, ethnicity, gender expression, LGBTQ+, military status, and people with disabilities.

    What You’ll Do:

    • Dive into the world of finance through day-to-day tasks like category analysis, process improvement, systems enhancement, and more
    • Generate and analyze financial data using a variety of systems to recommend profitable business strategies for L’Oréal brands
    • Monitor actual business results vs. budgets, trends, and forecasts
    • Evaluate the ROI of strategic business decisions to effectively manage brand P&L
    • Provide financial support across functions like Marketing, Sales, Operations, and Manufacturing
    • Own an individual project and/or group project with strategic business impact that you present to senior leaders
  • Qualifications

    Who You Are:

    Minimum Requirements:

    • Currently enrolled in a 4-year college or university pursuing a bachelor’s degree with an expected graduation between December 2021 – July 2022
    • Able to start working fulltime starting July 2022 upon graduation with your bachelor’s degree
    • Legally authorized to work in the US on a fulltime, permanent, and ongoing basis without requiring sponsorship now or in the future
    • Willing to relocate to any USA-based office that has a summer internship opportunity, including:
    • Northern New Jersey or New York City and have the flexibility to travel between both locations

    Stand Out Qualifications:

    • Pursuing a bachelor’s degree in Finance, Accounting or Economics with a total GPA of 3.0 or higher - Available to work the entirety of the 11 week summer internship program in 2021, starting on June 2 and ending on August 13
    • Showcased ability to work in a professional, dynamic environment through previous internship or relevant work experience. This include part-time work, work study, side-gigs, freelancing, volunteering, summer work, or internships
    • Demonstrated leadership ability and interest in Finance through your academics, extra-curricular activities, or professional/volunteer work
    • Established self-awareness, in terms of understanding your own culture, identity, biases, prejudices, power, privilege and stereotypes
  • Desired skills

    Skills Key to Success in Finance:

    • Strong attention to detail analytically and are result oriented
    • Can take initiative and manage projects end-to-end with cross-functional partners
    • Ability to tell stories from numbers through data analysis, lifting insights from dashboards, and financial modeling
    • Ensure accurate forecasting by building strategic reports
    • Accounting knowledge Understanding business impact and advising business partners through strong communication skills and building relationships with team members and stakeholders
  • Benefits

    The Program:

    This is a paid internship opportunity. Housing assistance is provided on an individual basis based on eligibility per our L'Oréal Relocation Policy. You will be placed onto a team within one of the three areas of finance:

    • Brand Finance: Brand or commercial profit and loss (P&L) management and analysis involving interaction with various functional areas such as Marketing, Sales, Operations, and Purchasing
    • Corporate Finance: Overall L’Oréal USA financial consolidation, reporting, and analysis involving interaction with various US divisions and Paris headquarters
    • Operations Finance: Manufacturing, Supply Chain or Corporate Operations rotation providing financial analysis, consolidation and strategic support for production and distribution in the U.S. All interns will be paired with a mentor to help guide you through your internship

    Professional development & social programming is an integral part of your internship experience to understand our culture. From networking events to trainings, your calendar will always be full! There are many perks to being a summer intern, but two standout ones are access to our company store that has steep discounts on L’Oreal products and our Summer Friday program – every Friday during your internship is a half day!

    Our summer internship is the primary path for consideration into L’Oréal’s full-time Finance Management Trainee Program upon graduation and is based on overall performance

  • Industry
    Consumer Goods
  • Fun Fact
    L’Oréal owns a number of men's product lines, including Baxter of California which is a fast growing brand in men's grooming.
  • About Us

    At L’Oréal, we are convinced that there is no single and unique model of beauty, but an infinite diversity of forms of beauty, linked to periods, cultures, history and personalities. Since the company’s creation by a researcher, the group has been pushing the frontiers of knowledge as its unique research arm enables the company to continually explore new territories and invent the products of the future and lead the beauty tech evolution. L’Oréal offers a diverse portfolio of products with more than 30 international brands sold through multiple distribution channels, both traditional and digital. In its business model, L’Oréal strives to enhance well-being, preserve the planet through dedication to sustainability, and support local communities.