At a Glance
- Tasks: Manage and monitor operating expenses, ensuring financial accuracy and cost control.
- Company: Join EssilorLuxottica, a leader in the optical industry with a commitment to diversity.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Dynamic role with a focus on collaboration and innovation in a fast-paced environment.
- Why this job: Be a key player in driving cost-saving initiatives and financial success.
- Qualifications: 2-5 years in cost control, strong communication skills, and proficiency in SAP and Excel.
The predicted salary is between 45000 - 55000 £ per year.
In this position you will act as an Opex Controller to the UKI EssilorLuxottica Group. The overall purpose of this position is to play a key role in managing and monitoring the company's operating expenses to ensure financial accuracy, cost control, and budget adherence. This role involves partnering with department heads to forecast spending, analyze variances, and drive cost-saving initiatives.
Main responsibilities
- Ensure accurate and timely financial reporting of OPEX (e.g. correct accounting postings, goods/service receipts, provisions, accounts, CC, cost accruals determination/coordination of postings)
- Review monthly spending by category vs LY & Budget/latest forecast and understand the impact of the main cost drivers (e.g., HC, inflation, etc) and challenge variances
- Monitor and analyze selling costs, including sales commissions, promotional expenses, travel, and other sales-related expenditures, identifying opportunities for cost reduction and efficiency improvements
- Assist in the preparation of OPEX Budget & Forecast, planning proper reviews with key stakeholders, ensuring accurate submission and managing risks & opps
- Act as a business partner to department heads, providing financial guidance and support on expense management. Identify cost-saving opportunities and challenge unnecessary spending, contracts, and supplier choices.
Main requirements
- 2-5 years experience in cost control, financial reporting, planning & analysis
- Excellent communication and presentation skills
- Ability to build relationships with a wide range of colleagues across the organization
- An ability to self-manage, motivate and work on your own initiative
- Ability to manage multiple tasks across a variety of functions to meet deadlines
- The ability to investigate a problem or situation beyond routine questioning
- Attention to detail and ability to thrive within a fast-moving environment
- Solid understanding of accounting standards, group policies, and internal processes
- Analytical and problem-solving skills
- Proficiency in SAP accounting system and advanced Excel skills
Our Diversity, Equity and Inclusion Commitment
We are committed to creating an inclusive environment for all employees. We celebrate diversity and provide equal opportunities to all, regardless of race, gender, ethnicity, religion, disability, sexual orientation, or any other characteristic that makes us unique.
Opex Controller (Based in London) employer: ESSILORLUXOTTICA GROUP
EssilorLuxottica is an exceptional employer, offering a dynamic work culture in the heart of London that fosters collaboration and innovation. With a strong commitment to employee growth, we provide ample opportunities for professional development and career advancement, alongside competitive benefits that support work-life balance. Join us to be part of a diverse team dedicated to driving financial excellence and making a meaningful impact in the optical industry.
StudySmarter Expert Advice🤫
We think this is how you could land Opex Controller (Based in London)
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and operations sectors. You never know who might have a lead on an Opex Controller role or can put in a good word for you.
✨Tip Number 2
Prepare for those interviews by brushing up on your financial reporting and cost control knowledge. Be ready to discuss how you've tackled budget adherence and cost-saving initiatives in past roles.
✨Tip Number 3
Show off your analytical skills! Bring examples of how you've identified cost drivers and challenged variances in previous positions. This will demonstrate your ability to thrive in a fast-moving environment.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Opex Controller (Based in London)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the Opex Controller role. Highlight your experience in cost control and financial reporting, and don’t forget to mention any relevant tools like SAP or advanced Excel skills.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the role. Mention how your skills align with the responsibilities listed, especially around budget adherence and cost-saving initiatives.
Showcase Your Communication Skills:Since this role involves partnering with department heads, make sure to highlight your excellent communication and presentation skills. Give examples of how you've built relationships in previous roles to demonstrate your ability to collaborate effectively.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensure it gets the attention it deserves!
How to prepare for a job interview at ESSILORLUXOTTICA GROUP
✨Know Your Numbers
Before the interview, brush up on your financial reporting skills and be ready to discuss specific examples of how you've managed operating expenses in the past. Familiarise yourself with key metrics and be prepared to explain how you’ve used them to drive cost-saving initiatives.
✨Understand the Business
Research EssilorLuxottica Group and its operations. Understand their financial structure and recent news related to their performance. This will help you speak confidently about how you can contribute to their goals and align your experience with their needs.
✨Prepare for Scenario Questions
Expect questions that ask you to solve hypothetical problems related to cost control and budget adherence. Think through scenarios where you had to analyse variances or challenge spending, and be ready to share your thought process and outcomes.
✨Showcase Your Communication Skills
As an Opex Controller, you'll need to partner with various department heads. Be prepared to demonstrate your communication and presentation skills during the interview. Share examples of how you've effectively collaborated with others to achieve financial goals.
