- Employment
- Full-Time
- Seniority
- Mid-Level
- Department
- Finance, Accounting & Revenue Management
- Posted
- Oct 20, 2026
About Sephora
Sephora is a global prestige beauty leader, renowned for redefining the retail experience through creativity, inclusivity, and expert service. Founded in France and now part of LVMH, the company brings together an exceptional portfolio of beauty brands with a distinctive culture of discovery and innovation. As an employer, Sephora offers a dynamic, customer-centered environment where talent is encouraged to learn, experiment, and grow across retail, digital, merchandising, operations, and corporate functions. Its teams are united by a passion for beauty, entrepreneurship, and belonging, making Sephora a compelling workplace for professionals seeking impact within a fast-moving international brand.
Sephora is hiring a Bank Reconciliation Specialist in Madrid on a permanent, full-time basis to reconcile bank accounts, support general accounting and monthly and annual closes, and strengthen controls and treasury processes. The role coordinates with finance and retail teams, investigates discrepancies, prepares reports and audit evidence, and supports process improvement.
Role & Responsibilities
- Reconcile all company bank accounts periodically.
- Analyze, identify and resolve discrepancies, outstanding items and unreconciled transactions.
- Record and verify bank transactions, fees, interest, receipts, payments and transfers.
- Ensure reconciliations are complete, documented and delivered within established deadlines.
- Record and review general ledger entries related to banking, treasury and other assigned areas.
- Analyze general ledger accounts and prepare corresponding reconciliations and balance justifications.
- Participate actively in monthly and annual accounting closes.
- Monitor open, aged or unusual items and propose necessary adjustments.
- Prepare supporting documentation for provisions, reclassifications and other closing adjustments.
- Ensure correct application of accounting policies and the Spanish General Accounting Plan.
- Support preparation of information for internal and external audits.
- Prepare supporting materials and evidence for monthly and annual accounting closes.
- Track aged items and propose actions to regularize them.
- Prepare monitoring reports on outstanding items, incidents and reconciliation progress.
- Ensure traceability and proper filing of banking and accounting documentation.
- Investigate incidents related to receipts, payments, transfers and bank transactions.
- Coordinate with Accounting, Treasury, Accounts Payable, Accounts Receivable, Retail and other teams to resolve discrepancies.
- Follow up on agreed actions until each incident is resolved.
- Escalate relevant risks or deviations promptly.
- Comply with established procedures, accounting policies and internal controls.
- Support internal and external audits by providing information, reconciliations and evidence.
- Identify operational or control risks and propose corrective measures.
- Contribute to keeping department procedures up to date.
Qualifications
- Strong analytical ability and attention to detail.
- Rigorous, organized and reliable handling of financial information.
- Deadline-oriented, with the ability to prioritize during closing periods.
- Ability to investigate incidents, identify causes and propose solutions.
- Autonomy, proactivity and a strong sense of responsibility.
- Clear communication and ability to work cross-functionally.
- Internal customer orientation and a collaborative approach.
- Interest in continuous improvement and process automation.
- Experience in retail companies, consumer goods, multinational environments or shared service centers is valued.
- Experience working with multiple bank accounts, high transaction volumes and monthly closing processes.
- Fluent Spanish; conversational English is valued.
Skills
Experience
At least 2 years, ideally 3–4, in bank reconciliations, accounting, treasury or similar finance roles; the ATS also states a minimum of 3 years.
Workplace
This position is based in Madrid, Madrid, Spain.
Benefits
A community that values authenticity and difference; a culture of empowerment, learning and growth with opportunities to learn, innovate and lead; and work described as satisfying and impactful.
Culture
Sephora fosters a dynamic, inclusive workplace where creativity, curiosity, and a passion for beauty are encouraged at every level. As an employer, it is distinguished by its focus on empowerment, continuous learning, and a collaborative retail culture that celebrates individuality and client-centric innovation.
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.
Frequently Asked Questions
The luxury industry is characterised by a diverse and nuanced nomenclature. Esteemed houses frequently employ proprietary terminology, and even within a single organisation like Sephora, titles may vary across global markets to reflect local conventions. To ensure absolute clarity, Cerulean assigns a standardised, industry-coherent canonical title to every listing. However, it is worth noting that this role is functionally synonymous with «Bank Reconciliation Analyst», «Bank Reconciliation Accountant», «Treasury Reconciliation Specialist», «Financial Reconciliation Specialist», and other variations. Our sophisticated search architecture anticipates these variations, ensuring that inquiries using related terms will seamlessly yield the exact roles you desire.