Monday , October 26 2020

LVMH Jobs – Treasury Analyst

Website LVMH

Job Responsibilities:

  • Post daily transactions and reconciliation (utilizing treasury management tools)
  • Work with manager to negotiate and monitor bank service fees and pricing
  • Maintain bank signatories and manage requests for opening/closing bank accounts as necessary, for 23 US Holdings entities
  • Oversee accounting entries for bank general ledger upload, journal entry differences and troubleshoot issues.
  • Set the company’s daily cash position ensuring adequate liquidity
  • Prepare report of affiliate cash positions in the US and Canada
  • Prepare variance analysis actual vs budget of financial income & expenses, and update as needed budget assumptions (in collaboration with accounting)
  • Set internal borrowing and investing decisions. (LVMH Finance Belgique)
  • Act as an expert advisor on banking issues for the Affiliates.
  • Monitor Commercial Paper and SWAP activity: maintain tracking through Diapason (internal system) analysis, and issue reports
  • Develop financial income and expense budgets, is responsible for monthly cash flow reporting (Syrus actual and forecast – 23 holding companies)
  • US System administrator – Sapphire (Internal group payments system)
  • Review monthly interest expense and accruals.
  • Review of cash closing via utilization of treasury systems – generate all intercompany interest, all treasury journal entries, new CP and swap interest posting process.
  • Follow-up of all cash movements related to the Investment Funds. Prepare journal entry and analysis for monthly report to Head-Quarters drafted by Controller
  • Administrate the Bank Systems (Deutsche Bank, JP Morgan, Citibank, Bank of America) – for LVMH Inc. and all affiliates
  • Run report on affiliate positions by bank – monitor balances outside the pooling
  • Follow up affiliate forecast of daily cash requirements.
  • Assist in review of affiliate bank accounts and services
  • Work with manager to analyze affiliate’s quarterly cash flow forecasting.

Job Requirements:

  • Good knowledge of accounting entries
  • Strong analytical skills
  • Good understanding of ERPs, at ease with technology. Ability to learn & use various softwares
  • Strong communication skills, verbal and written. The position requires efficient communication with multiple stake-holders: banks, affiliate,
  • Treasury teams in Head-Quarters, consultants, etc.
  • Ability to perform with minimum supervision
  • At ease in a fast pace environment

Qualification & Experience:

  • Education: Bachelor degree or the equivalent college degree
  • CPA is a strong +
  • Extensive knowledge of Excel. Familiarity with SAP a +
  • Treasury Experience: 5 to 8 years – experience in Finance: treasury or accounting

Job Details:

Company:  LVMH

Vacancy Type:  Full Time

Job Location: Buffalo, NY, US

Application Deadline: N/A

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