Hiring: Treasury Manager

At Sephora we inspire our customers, empower our teams, and help them become the best versions of themselves. We create an environment where people are valued, and differences are celebrated. Every day, our teams across the world bring to life our purpose: to expand the way the world sees beauty by empowering the ExtraOrdinary in each of us.

We are united by a common goal - to reimagine the future of beauty.

Sephora SEA’s omni channel business spans over 8 countries (Australia, India, Indonesia, Malaysia, New Zealand, Philippines, Singapore, Thailand) with 100+ stores and boasts some global flagships such as ION and Raffles City in Singapore, F88 in Kuala Lumpur and Pitt Street in Sydney. Sephora SEA is experiencing rapid growth in the region with new store openings and business channels (i.e., Click and collect and marketplace).

The opportunity:

Treasury Manager

The Pillar

The Treasury pillar safeguards financial stability and supports growth by ensuring disciplined cash visibility, liquidity readiness, treasury controls and working capital performance. The team creates stability through clear treasury governance, reliable operating rhythms and robust execution of cash management activities, while building readiness to partner for growth through stronger forecasting, better risk visibility, scalable processes and closer collaboration with country finance, business teams and external banking partners.

The Role

The Manager, Treasury leads the pillar and is accountable for safeguarding liquidity, strengthening cash discipline and building a capable treasury team ready to support growth. The role owns treasury governance, liquidity oversight, cash flow forecasting, working capital performance, banking relationships and treasury-related decision support across the region.

This role reports directly to the Regional Finance Director.

You will shine here if you enjoy…

Treasury Governance and Oversight

• Lead the Treasury pillar with clear operating rhythms, service expectations and controls that support reliable treasury execution across the region.
• Own treasury governance, policies, approval flows and documentation standards across banking, funding, payments, settlements and treasury reporting.
• Set priorities for liquidity visibility, cash discipline, working capital performance and operational resilience, ensuring compliance with internal and regulatory requirements.

Cash Flow and Working Capital Management

• Lead cash flow forecasting, target tracking and variance analysis across budget, forecast and rolling outlook cycles, highlighting risks, opportunities and required actions.
• Partner with SSC, country finance, and relevant functional teams to drive working capital actions across inventory, receivables and payables.

Treasury Operations

• Oversee day-to-day treasury operations, including cash positioning, bank account administration, payment support, intercompany settlements, treasury reporting and issue resolution.
• Maintain accurate and timely treasury dashboards, cash reports and operational trackers to support cash visibility, decision-making and escalation of issues.
• Ensure treasury transactions, records and supporting documentation are complete, accurate, controlled and audit-ready.

Banking, Risk and Stakeholder Management

• Manage relationships with banks, payment providers and Group Treasury to support efficient banking structures, reliable issue resolution and competitive terms.
• Monitor treasury-related risks, including liquidity, foreign exchange, interest rate, payment and banking concentration risks, and recommend practical mitigation actions.
• Represent Treasury in business reviews and transformation initiatives where cash flow, funding, working capital or payment implications are material.

Project Management

• Lead the Treasury transformation roadmap, prioritising initiatives that improve cash visibility, operational efficiency, controls and scalability.
• Establish project plans, milestones, governance, success measures, risk tracking and stakeholder engagement plans for treasury and banking initiatives.
• Partner with Director, FP&A SEAO, Group Treasury, country finance teams and relevant stakeholders to ensure timely delivery, adoption and sustainability of treasury projects.
• Lead, coach and develop team members within the pillar to build technical treasury capability, ownership mindset and readiness to support growth.
• Clarify accountabilities, service expectations and ways of working so the team can execute with stability, consistency and confidence.
• Delegate ownership effectively to reduce key-person dependency, strengthen succession readiness and