Valentine Thibault, Management Controller at Louis Vuitton

Valentine Thibault, a graduate of the MBA in Audit & Management Control at Devinci Executive Education, shares her career path, daily responsibilities, and the tools that are revolutionizing her role as an industrial management controller, including the use of Power BI and the growing impact of artificial intelligence (AI).

From Commercial Management to an MBA in Audit & Management Control

After obtaining a BAC in Economics and Social Sciences, Valentine pursued a BTS in Business Unit Management. This diploma allowed her to acquire solid skills in business management, particularly in customer relations, inventory management, and sales.

To further specialize and deepen her knowledge, Valentine continued her studies at Devinci Executive Education with an MBA in Audit & Management Control. This program helped her develop advanced skills in financial analysis, budget control, and risk management, all of which are essential to thrive in the industrial sector.

Why Choose an MBA in Audit & Management Control at Devinci Executive Education?

Choosing the MBA in Audit & Management Control at Devinci Executive Education was a strategic decision for Valentine. This program combines theory and practice, with courses on digital tools, budget analysis, and process optimization. For anyone aspiring to become a management controller, this program provides an excellent springboard to master the modern challenges of the profession.

Key Responsibilities of an Industrial Management Controller

In the industrial sector, the management controller plays a crucial role in optimizing the company's performance. Valentine explains that her duties include reducing production costs, improving profitability, and supporting strategic decision-making.

Essential Skills for an Industrial Management Controller

An industrial management controller must possess several key skills:

• Financial analysis: The ability to understand and interpret financial indicators.
• Budget control: Monitoring and managing the company's budgets to optimize costs.
• Risk management: Anticipating financial and operational risks.
• Communication: Working transversally with various teams within the company to implement improvement solutions.

Recently, Valentine has developed expertise in inventory management within an industrial environment, which has allowed her to better understand production flows.

Adapting to the Rapidly Evolving Industrial Sector

The priorities of an industrial production workshop change quickly in response to market fluctuations. Valentine explains that the role of a management controller requires constant adaptation to ensure the relevance of financial analyses. Performance indicators are regularly adjusted to reflect economic reality and enable precise strategic decisions.

Essential Tools for the Job

Excel and Power BI: Indispensable Tools in Management

While Excel remains a fundamental tool for financial management, Valentine emphasizes the increasing importance of Power BI in her daily work. This Business Intelligence tool allows for the creation of interactive dashboards and intuitive visualization of financial data. Thanks to Power BI, Valentine can tap into the full potential of the company's data, generate dynamic reports, and facilitate decision-making.

She also highlights the growing impact of artificial intelligence (AI) within her company, particularly with the development of a proprietary AI tool by LVMH. This tool is revolutionizing data management and improving the efficiency of analyses by automating certain recurring tasks.

Integrating CSR into Industrial Management Control

The management of Corporate Social Responsibility (CSR) policies has become a critical topic for large corporations, and LVMH is no exception. Valentine notes that financial tools dedicated to CSR are currently being developed to better track extra-financial indicators and incorporate this data into strategic decisions. The goal is to ensure more sustainable and transparent management by including environmental criteria in the monitoring of inventory and production processes.

Short-Term Projects: More Visual and Sustainable Management

Valentine aims to improve the understanding of financial indicators within her company through more visual and accessible reports using Power BI. She also seeks to integrate environmental indicators into inventory management, in order to promote a more sustainable and transparent approach in monitoring production processes.