Treasury Analyst

  • Company: Fashion Group US
  • Location: United States
  • Business group: Fashion & Leather Goods
  • Contract type: Permanent Job
  • Function: Finance
  • Experience required: Minimum 2 years
  • Reference No.: FADIV00136
  • Date of publication: 2018.10.14

Position

Main objectives of position:

  • Execute the daily requests for payments to vendors, staff and sister-companies in the strict respect of generally-agreed internal control - as well as in-house - rules
  • Monitor and manage all flows of Treasury from and to the local and concentration bank accounts of our brands.
  • Manage the relationships with banks and payment partners
  • Act as a functional support in the resolution of issues related to payments systems and payment means.

Responsibilities:

  • Oversee day-to-day cash activity
  • Take ownership of managing all bank accounts across the Fashion Group, (account openings, closings, maintenance, etc.)
  • Review of credit lines and agreements for the five companies
  • Cash (all entities): monitor daily cash; prepare monthly forecast; prepare monthly bank reconciliations, including follow-up of reconciling items, in a timely manner, managing check deposits
  • Work with Accounts Payable on weekly check-runs and priority capex payments
  • Process wholesale customer credit card payments for A/R as needed
  • Monitor FTP Server and flow of payment files from accounting system to the bank through Sapphire system
  • Provide unpresented check register to Accounts Payable on a monthly basis for follow-up. Erroneous checks should be documented and voided per internal control guidelines
  • Ensuring that FX rates are updated monthly in D365 accounting system
  • Provide cash journal entries to accountants for processing
  • Prepare reconciliation of cash pooling of all bank accounts
  • Balance Sheet Reconciliation: maintain monthly work papers to support balances in the General Ledger
  • Monthly Reporting: input in LVMH Financial reporting system (Syrus) and perform consistency checks accordingly
  • Daily reconciliation of all payment types against Concentration, Disbursement, and Local Bank accounts 
  • Stores Procedures: Work with Retail Operations and Excellence teams to establish and maintain proper cash procedures
  • Escalate ideas to Accounting Manager and Controller, and propose alternative processes when needed
  • Assist CFO as needed on operational issues

Profile

  • Bachelor's Degree in Accounting/Finance required;
  • 2+ years of experience
  • Proficiency with Microsoft Excel
  • Knowledge of AX Dynamics is a plus
  • Self-organization and planning, defining priorities and targeting deadlines
  • Paperwork organizational skills
  • Consistent
  • Proactivity
  • Team player
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Fashion & Leather Goods

Houses with a unique heritage and young emerging brands make up this exceptional division. Each of their creations becomes an object of desire, imbued with timelessness.

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