Kering Senior Cash Manager

About Kering

Kering is a global luxury group renowned for nurturing some of the world’s most influential Houses in fashion, leather goods, jewelry, and eyewear, including Gucci, Saint Laurent, Bottega Veneta, Balenciaga, and Boucheron. As an employer, Kering offers a distinctive environment where creative excellence, entrepreneurial spirit, and long-term sustainability converge. The Group empowers its talents to shape the future of luxury through innovation, craftsmanship, and responsible business practices. With an international culture grounded in diversity, inclusion, and shared ambition, Kering provides meaningful career opportunities for professionals seeking to contribute to exceptional brands while advancing a more sustainable and imaginative luxury industry.

Role & Responsibilities

• Oversee and secure daily treasury management in cash-pooling and non-pooled EUR and foreign-currency positions, including bank statement integration, payment validation and monitoring, rejected-payment resolution, and cash balancing.
• Manage and secure payment flows, including payment runs, validation of sensitive payments, and handling incidents and rejected payments.
• Oversee current-account monitoring, including reconciliations, limits, and rates, with the Group's centralizing entity.
• Ensure operational banking relationships are managed, including bank account openings and closures, KYC, updates to bank signatories, and mandates.
• Define and evolve internal control procedures, optimize processes, and maintain procedures that promote best practices and compliance with internal control rules, including segregation of duties, fraud prevention, and regulatory compliance.
• Maintain business expertise in the Group treasury tool, SAP.
• Lead year-end closing processes, including bank confirmations, coordination with statutory auditors, and KYC reviews.
• Ensure the reliability of short- and medium-term daily cash forecasts; analyze actual-versus-forecast variances, propose corrective actions, liaise with the brands to anticipate exceptional items, and continuously improve the process.
• Support the expansion of EUR bank cash pooling and the launch of multi-currency bank cash pooling.
• Redefine entities' intercompany current-account limits, document them, and establish regular monitoring.
• Support the implementation of centralized management of different banking platforms as part of a centralization initiative.
• Rationalize the number of bank accounts.
• Analyze bank fees, review and negotiate banking terms, and establish regular monitoring.
• Contribute to improved reporting tools and process automation, including Power BI and the digitalization of flows.
• Work on other aspects of treasury management and Group projects as required.
• Interact with financial and operational departments, Group brands, and external financial partners.

Qualifications

• Bac+5 degree with a specialization in finance or treasury, preferably from a business or engineering school.
• Significant experience in a cash management department, preferably within an international group, a bank, or a consulting or audit firm.
• Professional written and spoken English and French.
• Aptitude for using treasury and IT tools, including SAP, Power BI, and Pack Office.
• Knowledge of treasury fundamentals, particularly cash management.
• Ability to work autonomously and make proactive recommendations.
• Rigorous and organized, with the ability to manage several topics in parallel, combining daily tasks with longer-term matters.
• Customer-oriented approach and excellent communication skills.
• Open-mindedness and enjoyment of teamwork, particularly in an international and multicultural environment.

Skills

Experience

Significant experience in a cash management department, preferably within an international group, a bank, or a consulting or audit firm.

Education

Bac+5 degree specializing in finance or treasury, preferably from a business or engineering school.

Culture

Kering fosters a dynamic, purpose-driven culture where creativity, entrepreneurship, and collaboration support the distinct identities of its luxury Houses. As an employer, the Group places strong emphasis on sustainability, diversity, and talent development, encouraging people to innovate responsibly while contributing to the future of modern luxury.

About Cerulean

Cerulean is the definitive career portal for the global luxury industry. We match exceptional professionals with exclusive opportunities at the world's most prestigious brands. From haute couture and fine watchmaking to prestige beauty, hospitality, and boutique retail, Cerulean centralises luxury employment to help you find the career for which you were destined.