Treasury Manager

LVMH; Singapore; On-site; SGD 140,000 - 190,000; Full time

Job summary

Sephora SEA seeks a seasoned Treasury Manager to safeguard liquidity and strengthen cash discipline across the region. You will lead governance, forecasting and working capital initiatives with cross-functional partners, driving trustworthy treasury metrics and scalable processes.

You will partner with banks, FP&A and country teams to deliver timely cash visibility and risk mitigation, while developing the treasury talent to support growth. This role reports to the Regional Finance Director.

Qualifications

• Bachelor’s degree in Accounting, Finance, Business Administration, Treasury, Economics or related discipline; professional qualifications advantageous.
• At least 8 years of experience in treasury, corporate finance, cash management, liquidity planning or related roles in multinational or retail environments.
• Strong expertise in cash flow forecasting, liquidity management, working capital management and treasury reporting.
• Solid understanding of banking operations, payment processes, intercompany settlements, funding structures and treasury controls.
• Experience managing banking relationships and regional or group treasury stakeholders.
• Strong understanding of treasury-related risks including liquidity, forex, rates and banking concentration.
• Proven ability to translate treasury data into clear insights for leadership.
• Strong project-management capability with transformation or process-improvement experience.
• Excellent stakeholder-management and communication skills.
• Advanced Excel and financial systems skills; SAP or treasury tools advantageous.

Responsibilities

• Lead the Treasury pillar with clear operating rhythms, controls and governance across the region.
• Own treasury governance, policies, approval flows, documentation standards and reporting.
• Oversee liquidity visibility, cash discipline and working capital performance.
• Drive cash flow forecasting, budgeting and rolling outlook cycles with risk and opportunity tracking.
• Partner with SSC, country finance and other teams to optimize inventory, receivables and payables.
• Oversee day-to-day treasury operations including cash positioning and intercompany settlements.
• Maintain treasury dashboards, cash reports and documentation for audit readiness.
• Manage banking relationships and monitor liquidity, forex and interest rate risks.

Skills

Treasury management

Cash flow forecasting

Stakeholder management

Banking relationships

Project management

Advanced Excel

SAP

Education

Bachelor’s degree in Accounting/Finance

Professional qualification (CA/CPA/ACCA/CFA/CTP) advantageous

Tools

SAP Treasury Management

Treasury management systems

Job description

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 enable greater autonomy across roles.

We would love to hear from you if you are/have…

• Bachelor’s degree in Accounting, Finance, Business Administration, Treasury, Economics or a related discipline; professional qualification such as CA, CPA, ACCA, CFA, CTP or equivalent would be advantageous.
• At least 8 years of relevant experience in treasury, corporate finance, cash management, liquidity planning or related finance roles, preferably in a multinational or retail environment.
• Strong expertise in cash flow forecasting, liquidity management, working capital management and treasury reporting.
• Solid understanding of banking operations, payment processes, intercompany settlements, funding structures and treasury controls.
• Experience managing banking relationships, payment providers and regional or group treasury stakeholders.
• Strong understanding of treasury-related risks, including liquidity, foreign exchange, interest rate, payment and banking concentration risks.
• Proven ability to translate treasury, cash flow and working capital data into clear insights and recommendations for leadership.
• Strong project-management capability, with experience in treasury transformation, process improvement or banking-related initiatives.
• Strong stakeholder-management and communication skills
• Advanced Excel and financial systems skills; experience with SAP, treasury management systems, banking platforms or business intelligence tools would be advantageous.

While at Sephora, you’ll enjoy...

• The people. You will be surrounded by some of the most talented leaders and teams – people you can be proud to work with.
• The learning. We invest in training and developing our teams, and you will continue evolving and building your skills through personalized career plans.
• The culture. As a leading beauty retailer, backed by the LVMH luxury brand, our reach is broad and our impact is global. Yet there’s always room to explore. It’s in the Sephora DNA to champion a world of inspiration and inclusion where everyone can celebrate their beauty.

You can unleash your creativity, because we’ve got disruptive spirit. You can learn and evolve, because we empower you to be your best. You can be yourself, because you are what sets us apart. This, is the future of beauty. Reimagine your future, at Sephora.

Sephora is proud to be an equal opportunity workplace for all. We do not discriminate in recruitment, hiring, training, advancement, or other employment practices. We celebrate diversity and are committed to creating and fostering an inclusive environment for all employees.

Sephora’s stores offer passionate beauty fans across the world a privileged freedom to touch and test products since 1969. The House provides a superior selection of quality products and always keeps pace with the latest trends. The house is built upon the exceptional talents of its beauty professionals who create a perfect environment for adventurous clients who want to experiment and learn. With the innovative range of products in the Sephora Collection, its distinctive stores and bold commitment to new ideas, the House is always able to surprise and delight its clients. At every touch point with its clients, in store and online, Sephora provides an unconventional approach which has made it the most loved beauty community in the world.

Crafting Dreams Starts With Yours

At LVMH, people make the difference in the art of crafting dreams. Our people fuel our dynamic, entrepreneurial culture. We value collective ambitions, encouraging our talents to push boundaries and champion a curious, audacious state of mind. Our commitment to excellence is reflected in nurturing every individual with a growth mindset and development opportunities, consistently empowering them to reach their full potential. We are actively committed to positive impact through an inclusive environment that supports and gives back to our talented community. Join us at LVMH, where your talent is at the heart of our collective successes.