Manager, Treasury

Company Description

LVMH Beauty's activities benefit from exceptional dynamism that relies on both the longevity and development of key lines, and on the boldness of new creations.

All are driven by the same values: a quest for excellence, creativity, innovation, and perfect mastery of their image.

The brands cultivate what makes them unique and are guaranteed to make them stand out in a highly competitive global market. The success of the LVMH Beauty Division depends on finding the right balance between major historic Houses, such as Parfums Christian Dior, Parfums Givenchy, Acqua di Parma, Guerlain, and newer brands with strong potential like Kenzo Parfums, Fresh, and Make Up For Ever.

LVMH Beauty invites you today to join its North America teams.

LVMH Beauty is part of the LVMH Group.

Job Description

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 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.

Qualifications

Education, Qualifications and Training

Essential

• 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.
• Experience in the beauty, luxury goods, or consumer products industry is a plus.
• Proficiency in treasury management systems and Microsoft Office Suite.

Additional Information

LVMH Inc. uses the published salary range as a guideline to provide our employees with market competitive pay while allowing for flexibility to recognize and reward various levels of expertise, performance and tenure.

While the published salary range is a good faith reflection of the targeted salary level for the position, LVMH Inc. reserves the right to pay outside of the published salary range of $110,000.00 - $140,000.00.

This job description is intended to cover the core accountabilities of the position and is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Duties, responsibilities, and activities may change, or new ones may be assigned at any time with or without notice.

All your information will be kept confidential according to EEO guidelines.