LVMH Hiring For Treasury Manager at Singapore , Singapore Full Time

Treasury Manager

LVMH–Singapore

28 minutes ago, from Hosco

Poste
Treasury Manager

Profil

Sephorais a global leader in omni channel beauty retailing, and a division of LVMH – Moët Hennessy Louis Vuitton. At Sephora, we stand together and we stand for something more. For empowerment, for exploration, for the opportunity to impact people’s lives through the unlimited power of beauty. We successfully operate more than three thousand points of sale across Americas, Europe, Middle East and Asia, and together we aim to animate the most loved beauty community in the world. 

Here in Asia, our teams run omni-channel businesses in 11 markets across the region, in addition to cross-border e-commerce to several more. Our success is built on innovation, a unique product portfolio, market leading digital capability, and our unique customer experience. With ambitious growth plans we are always looking for talented people who aspire to build businesses and develop themselves. Sparked by energy and excitement, our passion is contagious. We are united by a common goal – to reimagine the future of beauty.

At Sephora, we stand together, and we stand for something more. Every day we reimagine beauty, discover new brands, and influence positive change. 

Sephora SEA’s retail activity spans over 8 countries (Singapore, Malaysia, Thailand, Australia, New Zealand, Korea, India, Indonesia) with 100+ stores and boasts some global flagships such as Ion in Singapore and Pitt Street in Sydney. Its e-commerce activities span over eight countries (retail countries mentioned above excluding India, plus Philippines). 

Sephora is looking for a Treasury Manager, who will be part of the regional finance team based in Singapore. Working closely with different teams across the organization, the Treasury Manager will take ownership of Sephora SEA’s treasury function, be involved in key transformation projects and act as a strategic business partner. The Treasury Manager will manage relationships with regional Banking partners, ensure day-to-day cash management and ensure adherence to compliance and local regulatory requirements. 
This role reports directly to the Chief Financial Officer.

You will shine here if you enjoy…

  Owning Treasury and Cash Management activities to deliver performance and support operations:

• Drive the companies’ cash flows in conjunction with local heads of finance, by anticipating incoming cash and outgoing commitments (Strat Plan, Budget, R1, R2, 3 months rolling forecasts)
• Support and drive the achievement of Operating Cash Flow Generation (OCFG) target
• Manage daily cash positions and monthly cash flows to assess each entity’s liquidity and ensure proper funding of its ongoing operations
• Proactively contribute to the budget cycles with the finance team
• Track and manage treasury related risks (liquidity, FX, interest rates)
• Streamline the banking structure to centralize the available funds more efficiently to the group
• Supervise the intercompany cash flow settlements
• Animate and strengthen relationships with internal & external stakeholders (banks / payment providers / shareholders) to maintain high level of trust, and gain insights on market evolutions / changes
• Benchmark and challenge the FX rates and fees
• Ensure efficient & adequate funding of all non-cash pooled markets

    Driving continuous organizational improvement for better efficiency and productivity

• Implement solutions throughout the organization (actuals reporting automation, cash forecasting enhancement, FX positions reports for SEA, Working Capital tracking, Supply Chain Financing, Intracompany funding…)
• Maintain and develop policies and procedures to sustain adequate levels of control over treasury activities (including AP / AR) in partnership with the internal audit department
• Optimize the financial results negotiating contracts, credit facilities, term deposits with banks

    Delivering value and enhance cross-function collaboration and act as a business partner throughout the organization:

• Liaise with other teams such as legal, accounting, and tax experts to make fully informed decisions: funding decisions, support specific operations (debt restructuring in non-cash pooled countries)
• Spread the cash culture presenting advice, recommendations, regular communications
• Participate in the regional S&OP and OTB process to gain insights into cash spending and to influence decisions. 
• Liaise and partner with our Supply Chain organization to create an appropriated cash culture.  

    Catalysing payments (collection) transformation

• Benchmark payment trends in the region and negotiate fees / services with various payment providers
• Contribute to the improvement of omni-channel payments collection by supporting and co-leading various projects, including Fraud Detection and Prevention project, implementation of new payment methods.

We would love to hear from you if…

    At least 5 years professional experience in a treasury function in a global company, with a strong focus on cash and liquidity management and working capital
    Relevant degree (finance / business administration) preferred
    In-depth knowledge of Treasury products and processes, including funding, cash management, payments, FX
    Knowledge in accounting and controlling as well as excellent analytical and IT skills (Treasury Management System knowledge would be preferred)
    Experience in project management in an international environment and working with tight deadlines
    Ability to manage multiple deadlines and good organization skills
    Strong communication skills cross levels and functions
    Fluency in English

While at Sephora, you’ll enjoy…

    The people: You will be surrounded by some of the most talented, supportive, and kind leaders and teams – people you can be proud to work with. 
    The learning: We invest heavily in training for our leaders and store associates. Not just product knowledge but building a personalized career plan with you so you continue to evolve and build your skills. 
    The culture: As a leading beauty retailer, backed by the LVMH luxury brand, our reach is broad, and our impact is global. Yet there’s always room to explore. It’s in our DNA to innovate and, at Sephora, all 40,000 passionate team members are united by a common goal – to reimagine the future of beauty. You can unleash your creativity, because we’ve got disruptive spirit. You can learn and evolve, because we empower you to be your best. You can be yourself, because you are what sets us apart. This is the future of beauty. Reimagine your future, at Sephora.

When joining Sephora, you join the fastest growing and most innovative omnichannel retailer in South East Asia. As part of LVMH, (www.lvmh.com/group), we provide an unparalleled combination of resources, scale, and autonomy to our employees. 

Sephora SEA was created through the combination of the Sephora’s retail business in South East Asia and Luxola, a Singaporean start-up that broke new frontiers in ecommerce regionally. We proudly maintain an entrepreneurial and technology-focused culture, with all our capabilities built in-house – a rarity in this region. 

The data is definitive: diversity leads to better teams, better performance, and better results. Consequently, we actively seek to hire employees of all genders, backgrounds, and experiences.  We provide our employees with a unique opportunity to take on senior responsibilities, accelerate their career path, and impact the business of beauty across the world.