We are offering a 1‑year contract with the possibility to become permanent. Join the Cash to Accounting Team at BEST as an Accountant.

For more than a century, L’Oréal has devoted its energy, innovation, and scientific excellence to 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. It operates in 150 markets and achieved €43 billion consolidated sales in 2024.

BEST (Business, Expertise, Services & Technology) supports the Group from six Zone Business Services Centers, delivering finance, digital, and data services across Europe.

Overview of the role

- Report to Cash to Accounting Team Leader
- In charge of operational accounting tasks for a group of entities: payment follow‑up, bank reconciliation, daily cash reconciliation, key controls preparation, and foreign‑exchange reporting
- Interact with Accounts Payable, General Ledger, and Treasury teams to implement end‑to‑end processes

Responsibilities

- Follow Standard Operating Procedures regarding Treasury and implement Group guidelines
- Participate in the implementation of Group, Local, and Zone projects
- Ensure daily bank statement integration, posting and clearing (including D2C business)
- Prepare and document monthly bank reconciliation




- Ensure completeness of FX postings and reconciliation at month‑end
- Control PSP payment integration between systems
- Prepare dashboards for cash collection discrepancies to be sent to local countries and IC
- Manage JE postings in Blackline
- Extract and prepare data for monthly key controls and KPIs

Required skills and qualities

- Agile and analytical mindset
- Organized and methodical, able to manage complexity
- Strong communication skills and business curiosity
- Proactive and challenging spirit
- Lean mindset
- Efficient use of SAP ECC/S4
- Advanced English proficiency

Benefits

- Friendly and dynamic work atmosphere in the diverse environment of a general beauty leader
- Unlimited access to the L’Oréal "MyLearning Platform" to boost your skills
- Remote working: up to two days per week
- Access to mental‑health and wellness programs
- Discounts on products from L’Oréal’s brand portfolio

L’Oréal is committed to building a diverse environment and is proud to offer equal opportunity among candidates. L’Oréal rejects discrimination against any employee or job applicant on the basis of race, religion, sexual orientation, gender, sexual identity, freedom of expression, birth origin, functional diversity or any other freedom protected by law.

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📌 Cash to Accounting Specialist (Madrid)
🏢 L'Oreal
📍 Madrid