Senior Manager, Treasury
About The Position
Reporting to the VP of Accounting, this position is responsible for overseeing all treasury functions, including credit management, cash forecasting, banking relationships, and ensuring the financial health and stability of the division. The Senior Manager of Treasury will develop and implement strategies to optimize cash flow, mitigate financial risks, and maintain strong relationships with customers and financial institutions. Credit Management: Follow the existing process of reporting the Credit limits to HQs for LVMH Beauty North America brands and requesting ICL – internal credit limits per customer Communicate with Credit Insurance providers Manage orders on hold Comply with all internal control reporting and guidelines relevant to credit risk management. Cash Forecasting: Develop and maintain accurate cash flow forecasts, both short-term and long-term. Monitor cash positions and communicate with LVMH Corporate Treasury to ensure adequate liquidity to meet operational needs. Identify and analyze variances between actual and forecasted cash flows. Banking Relationships: Manage relationships with banks and other financial institutions. Ensure compliance with banking regulations and requirements. Participate in the payments approval process including intercompany settlements Internal Controls and Compliance: Maintain a strong internal control environment, ensuring compliance with company policies, accounting standards, and regulatory requirements. Support internal and external audits, providing necessary documentation and explanations. Financial Reporting and Analysis: Responsible for all Treasury related reporting in SyRUS. Assist with budgeting and forecasting activities related to Treasury functions. Support other finance and accounting initiatives as needed.
Requirements
- Bachelor's degree in Finance, Accounting, or a related field; MBA or advanced degree preferred.
- 5+ years of progressive experience in treasury management, with a focus on credit management, cash forecasting, and banking relations.
- Strong knowledge of financial principles, treasury operations, and risk management techniques.
- Excellent analytical, problem-solving, and decision-making skills.
- Strong leadership, communication, and interpersonal skills.
- Proficiency in treasury management systems and Microsoft Office Suite.
Nice To Haves
- Experience in the beauty, luxury goods, or consumer products industry is a plus.
Responsibilities
- Follow the existing process of reporting the Credit limits to HQs for LVMH Beauty North America brands and requesting ICL – internal credit limits per customer
- Communicate with Credit Insurance providers
- Manage orders on hold
- Comply with all internal control reporting and guidelines relevant to credit risk management.
- Develop and maintain accurate cash flow forecasts, both short-term and long-term.
- Monitor cash positions and communicate with LVMH Corporate Treasury to ensure adequate liquidity to meet operational needs.
- Identify and analyze variances between actual and forecasted cash flows.
- Manage relationships with banks and other financial institutions.
- Ensure compliance with banking regulations and requirements.
- Participate in the payments approval process including intercompany settlements
- Maintain a strong internal control environment, ensuring compliance with company policies, accounting standards, and regulatory requirements.
- Support internal and external audits, providing necessary documentation and explanations.
- Responsible for all Treasury related reporting in SyRUS.
- Assist with budgeting and forecasting activities related to Treasury functions.
- Support other finance and accounting initiatives as needed.
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What This Job Offers
Job Type
Full-time
Career Level
Manager
Number of Employees
5,001-10,000 employees
