Qualifications
Supervisor, Cost Accounting - Luxembourg
Luxembourg
16, avenue de la Gare
Luxembourg L-1610
About the role:
We are seeking a highly organized and detail-oriented Supervisor to support a team of 3 accountants to ensure the timely and accurate preparation and control of all Inventory and Cost of Sales accounts for Herbalife’s Luxembourg entity.
In this role, you will:
- Supervise and review a team’s work to ensure tasks are correctly executed in timely manner as per established processes and Manager’s guidance including:
- Oversee standard cost maintenance and accuracy, including weekly Purchase Price Variances (PPV) analysis.
- Support monthly review/reconciliation of inventories (Finished Goods, Raw Material, Goods In Transit, Work In Process), intercompany sales and purchases.
- Conduct gross profit analysis (profit ratio, product mix, detailed COGS breakdown: PPV, kitting, scrap, freight, etc.).
- Prepare commentary on monthly financial statements, focusing on inventory and COGS fluctuations.
- Collaborate cross-functionally (Accounts Payables, Accounts Receivables, General Ledger, Warehouses) to ensure accurate accounting and reporting.
- Respond to global ad hoc queries and reporting needs (Operations, Financial Planning and Analysis).
- Be a key contributor to processes optimization and process memo updates
- Assist Manager in implementation/testing of new projects and processes
- Deliver training to team members
Our Requirements:
- Previous experience as Senior Accountant with team coordination experience coupled with
- High knowledge of Microsoft Office - particularly advanced Excel; ability to manipulate large data sets with strong command of Pivots tables and complex formulas
- Good accounting knowledge e.g. Double-entry bookkeeping, Cost allocation, Balance Sheet, Income Statement
- Proficient in performing variance and margin analyses, including ability to interpret fluctuations and obtain business explanations.
- Knowledge of US GAAP and SOX / Internal Controls
- Experienced in ERP systems (preferably Oracle) both use and implementation.
- High attention to details and accuracy
- Ability to communicate and collaborate in a professional way within a multi-department team
- Ability to meet tight reporting deadlines, demonstrates an organized and structured approach
- Fluency in English (other languages advantageous)
Education:
- Finance University degree and/or General Ledger accounting qualification
We offer:
- Lunch Voucher
- Pension Scheme
- Free complementary Health Insurance
- 26 days of annual leave plus extra 3 days of Herbalife leave
- Annual bonus
- Possibility to work remotely 1–2 days per week (post-trial period), subject to local regulations and excluding month-end closing weeks
- Participation in our Global Wellness Platform
- Personal development opportunities and access to online training environments like free access to the LinkedIn Learning platform
- Access to company products in the kitchen
- Entertainment events like Christmas party, Summer Events, etc
Who we are: Herbalife is a global nutrition company that has helped people pursue a healthy, active life since 1980. Our nutrition, weight management and personal care products are available exclusively to and through dedicated independent Members in more than 90 countries.
Our company offers a culture focused on people, their needs, relationships, and career to help expand talents and a chance to change lives: https://www.herbalife.com
