Treasury Manager

LUXASIA is the leading and largest beauty omnichannel brand-builder of Asia Pacific. Since 1986, it has successfully enabled market entry and brand growth for more than 100 luxury beauty brands, the likes of Albion, Aveda, Bvlgari, Calvin Klein, Creed, Diptyque, Hermes, La Prairie, Maison Francis Kurkdjian, Montblanc, Rabanne, Ferragamo, and SK-II. LUXASIA has established Joint Ventures with the likes of LVMH Group, Revlon (for Elizabeth Arden), Puig, Shiseido, and Orveon (for Laura Mercier). The Group's integrated brand-building capabilities include luxury retail, online commerce, consumer marketing & analytics, and supply chain management. LUXASIA is powered by a diverse and dynamic #OneTeam of 2700 talents across a growing footprint of 15 markets.

Why Join Us?

At LUXASIA, we believe there is beauty within every talent – that is you.

We grow you by building your competencies and unleashing your potential. We have curated a vast portfolio of over 100 luxury brands across Asia Pacific and growing. Your work will enrich the lives of millions of consumers across the region. With us, you get to be an entrepreneur, running the business like it is your very own. We give you autonomy but not without guidance and genuine care. We are a diverse and inclusive team that is courageously innovative. Together as #OneTeam, we celebrate differences, embrace change, explore new ideas, take risks, fail fast, and drive results. While challenges at work are inevitable, the journey promises to be fulfilling.

With LUXASIA, an exciting career filled with robust professional growth awaits you. Isn't that beautiful?

Position Purpose:

Reporting to our CFO, the Treasury Manager will be responsible for overseeing all aspects of the company's treasury function, including cash management, liquidity planning, risk management, and banking relationships. The ideal candidate will have a strong background in treasury operations, financial analysis, and risk management, as well as excellent communication and leadership skills.

Key Responsibilities:

Treasury

• Manage long- and short-term cash flow and working capital/liquidity management and debt structure
• Manage overseas cash reporting processes and the design/implementation of intercompany funding strategies
• Manage balance sheet and day-to-day liquidity to support the business needs
• Develop, maintain & continuously review controls over banking facilities
• Design and implement foreign exchange mitigation strategies such as hedging to mitigate financial risks, primarily foreign currency cash flow exposure through the recommendation of financial instruments
• Manage interest rate risks and liquidity
• Maintain good stakeholder relations related to external funding, e.g., banks and other financial institutions, regulatory bodies, etc
• Prepare of Board level cash and other risk management reporting
• Develop regional treasury operations controls policy in compliance with the global policy
• Maximize operational efficiency and maintain stable day-to-day treasury operations in region based on the policy
• Educate internal stakeholders on importance of cash flow planning and foreign exchange mitigation strategies

Other Financial Projects

• Participate in other finance-related projects with Group CFO as needed

Requirements:

• Bachelor's Degree in Business/ Finance with professional qualifications (e.g. ACCA, CPA or equivalent)
• At least 6 to 8 years of working experiences in Treasury's role on group level
• Great analytical and interpersonal skills, with keen attention to detail and the bigger picture in mind
• Self-starter team player able to thrive in a fast-paced environment
• Retail/FMCG industry experience highly desired, but not required

Do you have what it takes to succeed in a fast-paced and intense environment? Do you thrive on challenges? Do you want to bring innovative ideas to life? Are you keen to abandon the status quo, try new things, embrace failures as lessons, recover fast, yet always pursue excellence?

If so, you are the one we are looking for. JOIN US and let's grow together.

Championing Diversity, Equity and Inclusion

LUXASIA aspires to build a One Team of talents that reflects the diversity of the communities in our operating markets. LUXASIA is committed to providing equal employment opportunities to all individuals, regardless of their race, colour, religion, gender, sexual orientation, age, disability, nationality or ethnic origin, cultural background, social group, marital status, or any other characteristics as provided by law.

To explore other careers opportunities, visit our careers page @ https://www.luxasia.com/careers/

If you have a question for us, please drop us an email here.

We regret to inform you that only shortlisted candidates will be contacted. Thank you.

Recruitment Privacy Notice

By proceeding with your application, you confirm that you have read LUXASIA's recruitment privacy notice [https://www.luxasia.com/recruitment-privacy-notice/] and consent to the LUXASIA group collecting, processing and disclosing your personal data for purposes specified in the notice.

Note to Staffing Agencies

Please DO NOT contact LUXASIA's employees or Talent & Excitement (T&E) team in an attempt to present candidates for our roles. LUXASIA has our own panel of appointed agencies that we work with. Any agency who is interested to work with us must obtain prior written approval from LUXASIA's T&E team before you submit candidates' resumes, and then only in conjunction with a valid fully executed contract for service and in response to a specific job opening. LUXASIA will not pay a fee to any Agency that does not have such agreement in place. Thank you for your understanding.