Treasury Analyst

L'Oreal; Selangor; On-site; MYR 40,000 - 80,000; Full time

Job summary

Join a forward-thinking company as a Treasury Analyst, where your expertise in finance and banking will play a crucial role in optimizing cash flow and ensuring financial compliance. In this dynamic position, you'll be responsible for daily monitoring of bank balances, managing banking applications, and preparing financial reports. This innovative firm values diversity and encourages its employees to push boundaries and think creatively. With a commitment to personal growth and mentorship, you'll have the opportunity to shape your career in a vibrant environment that fosters excellence and responsibility. Be part of a team that is leading the charge in beauty tech and making a positive impact globally.

Qualifications

• 3+ years experience in multinationals or shared service centers.
• Graduate in Accounting and Finance with strong analytical skills.

Responsibilities

• Monitor daily bank balances and perform reconciliations.
• Manage web-banking applications and ensure timely payments.
• Prepare Actual, Trend, and Budget reporting.

Skills

Bank Reconciliation

Cash Flow Forecasting

SAP

P&L Analysis

Interpersonal Skills

Education

Degree in Accounting and Finance

Tools

Treasury Management Software

Cash Report Software

Job description

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L'Oréal is the world's largest and most profitable beauty company. Present in over 150 countries, L’Oréal has catered to all forms of beauty in the world for over 100 years and has built an unrivalled portfolio of more than 36 international, diverse and complementary brands including L'Oréal Paris, Garnier, Maybelline New York, Nyx Professional Makeup, IT Cosmetics, Lancôme, Kiehl's, Urban Decay, Shu Uemura, Giorgio Armani, Yves Saint Laurent Beauté, Ralph Lauren, Diesel, Biotherm, Clarisonic, Kérastase, L'Oréal Professionnel, Matrix, Vichy, and La Roche-Posay.

For more than a century, L’Oréal has devoted itself solely to one business: beauty. The group's mission is to provide the best in cosmetics innovation to women and men around the world with respect for their diversity. We want to bring beauty to all people. Our ambition for the coming years is to win over another one billion consumers around the world by creating the cosmetic products that meet the infinite diversity of their beauty needs and desires.

Our business is energetic and vibrant, underpinned by strong ethical principles and our belief that financial performance and responsible business go hand-in-hand. We are driven each day by our six founding values - Passion, Innovation, Entrepreneurial Spirit, Open-mindedness, Quest for Excellence and Responsibility.

The distance between beauty and tech is closing rapidly, and we are determined to be pioneers in this new beauty tech world. New digital technologies and services are making the world of beauty move faster than ever before. Data and artificial intelligence are opening new horizons for personalization and customization. By incorporating digital into everything that we do, we are creating a better relationship with our consumers.

When beauty and tech collide, the impossible can happen!

In our journey, we are looking for talented individuals who can lead us on this mission.

Would you like to be a part of the adventure?

Being the world's #1 beauty company, L'Oréal empowers its people who are ready to take bets, think out of the box, defend their convictions, be resilient and leave their own mark. They are offered numerous opportunities, fast track careers and early responsibilities. L'Oréal has ambitious goals and is striving for excellence. This permanent learning experience helps you stretch your potential.

We define success as making a positive, conscious impact. At L’Oréal, you will be encouraged to think and act beyond your job. We push boundaries and move fast globally to stay ahead of the game. Your job will be your own innovation playground. We encourage different points of view. What sets you apart is what makes you great. You will always have the space to question, express, agree and disagree. We unleash everyone's potential. Here, learning opportunities are endless. You will build your own unique path. We believe in the impact of great mentors. You will be inspired by people you won't ever want to forget.

What will you do?

The Treasury Analyst is responsible for:

1. Perform daily monitoring of bank balances in Treasury system, and perform reconciliation.
2. Manage the web-banking applications and oversee in-house banking and pooling operations.
3. Ensure payments are approved and completed on time.
4. Maintain an information network (customer service, purchasing, marketing, and advertising, HR...) to forecast cash flow.
5. Ensure the daily cash position is within the target balance after placement of term deposit/withdrawal of term loan with respective counterparty.
6. Implement a quick and regular reconciliation of the forecasts/actuals on the value date using the IT tools (Cash Report software).
7. Monitor the monthly actuals and preparation of Actual, Trend and Budget reporting. Explain the deviations to Zone/Group treasurers.
8. Managing Bank Guarantee and Corporate card for respective country managed by the cash manager.
9. Maintain the relationship with the banks in compliance with the Group Financial Charter, in particular the choice of banks, the choice of payment methods and collection, the monitoring and application of negotiated terms with banks.
10. Ensure controls are in place to satisfy regulatory requirements in assigned jurisdictions.
11. Liaise with banks and country to open, close, or manage bank accounts - Guarantee the security of operations and participates in the fight against fraud. He / she reports directly to Cash Management Manager.

Who we are looking for

• 3+ years of working experience in large multinationals or shared service centers with experience in dealing with group/regional management.
• Exposure to SAP.
• Graduate in Accounting and Finance.
• Ability to analyze P&L and Balance Sheet.
• Ability to present to different levels.
• Inter-personal skills.
• Strategist.
• People Developer.
• Integrator.

L’Oréal is committed to building a diverse environment and is proud to be an equal opportunity employer. L’Oréal closely prohibits discrimination against any employee or applicant for employment because of the individual’s race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, disability or any other characteristic protected by law.