L'Oréal is a global leader in the beauty industry, committed to creating beauty that moves the world. The Analyst - Total Rewards, Retirement will provide operational and administrative support for retirement programs, ensuring compliance and accuracy while serving as a key resource for employees and HR partners.
Responsibilities
- Support quarterly 401(k) processes, including reconciliation, true-up, and loan delinquencies
- Assist with the annual retirement plan audit to ensure accuracy and compliance
- Review and approve monthly pension benefit payments
- Plan and facilitate in-person and virtual retirement readiness meetings for employees
- Support acquisition activity related to the integration of 401(k) and pension plans
- Ensure the accuracy and integrity of all benefits data and reporting
- Manage the ongoing administration and future offerings of the L’Oréal Employee Share Plan (LOSP)
- Supporting the annual enrollment of new SERP entrants
- Serve as a point of contact for employees, retirees, and Human Resources Business Partners for all retirement benefit questions
Skills
- Strong analytical and attention to detail skills
- Strong financial and benefits data analytics skills, with experience in payroll/vendor audits and annual testing
- Advanced proficiency in Microsoft Excel (VLOOKUPs, macros, pivot tables)
- The ability to read and apply provisions from retirement plan documents (IRS, DOL, ERISA regulations)
- Experience in a benefits or finance-related function, with specific experience in retirement programs preferred
- A Bachelor's degree in a related field such as human resources or finance
Benefits
- 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
Company Overview
No.1 Beauty Group Worldwide. No.1 most innovative company in Europe (Fortune's ranking). It was founded in 1995, and is headquartered in Petaling Jaya, Selangor, MYS, with a workforce of 10001+ employees. Its website is https://www.loreal.com/en/malaysia/.