Senior Treasury Operations Analyst – Cash Management in London

Location: London

Reports to: Head of Treasury Operations

Contract: date TBC

Context: Within Chanel, Treasury is an integrated department actively contributing to the Group's business strategy, operations, and growth by optimizing the usage of available liquidities, providing funding solutions, managing financial risks appropriately. Chanel Treasury is in an ambitious Transformation Journey from an organizational and technology perspective. At CHANEL, our values are grounded in creating conditions for people to perform at their best and feel fulfilled and confident in their work.

KEY RESPONSIBILITIES

• Oversee multi-currency global hybrid cash pooling structure (notional and physical pooling), ensuring participation from all companies in the Group, minimizing trapped cash, and optimization of the gross offset.
• Conduct daily cash reconciliation and positioning for all global accounts within scope.
• Identify foreign exchange exposures and request for hedges.
• Manage treasury payments including investments, acquisitions, and trade related payments.
• Oversee the monthly group intercompany netting cycle, ensuring participation from all companies in the Group and management of intercompany current accounts.
• Lead global bank account opening, management, and closing processes, including central KYC handling, and regular physical signors' updates.
• Foster a cohesive Treasury Operations community across our Regions, ensuring harmonized cash management processes and enhanced visibility of short-term cash positions.
• Acting as one of the main treasury contacts toward external and internal stakeholders, you will provide supporting documentation and data to the Corporate Accounting Team, External and Internal auditors in relation to accounts under Global Treasury responsibility.
• Acting as back up, you will be required to oversee punctually the Group excess liquidity investments.
• Ensure data integrity within the Group's Treasury Management System (TMS) and the positioning of our system as the global single source of truth for Treasury activities.
• Drive process efficiency and continuous enhancement through automation and the implementation of Business Intelligence tools.
• Oversee the deployment of, and compliance to our Global Treasury Policies, and amongst others the Payment Policy, and Bank Account Management Policy.
• Coordinate the onboarding of new users (and new entities) in our Global tools' ecosystem (TMS/E-banking).

WHAT YOU WILL BRING

• Proven experience in a finance role with an international dimension.
• Strong problem-solving skills with the ability to develop coherent business solutions.
• Capacity to navigate and excel in an international and complex environment.
• Exceptional collaboration and communication skills.
• Demonstrated critical thinking abilities.

TECHNICAL REQUIREMENTS

• Proficiency in cash, liquidity management, and bank account management.
• Technical expertise in cash management services and solutions. Experience with ION tools considered as a plus.
• A minimum of 5 years of treasury operations experience in an international corporation.
• Affinity for technology and a strong focus on automation.
• Fluent in English (both speaking and writing).

PERSONAL ATTRIBUTES

• Curiosity and a proactive approach to leadership.
• Ability to forge strong partnerships across functions.
• Strong customer service skills, effectively managing internal relationships while maintaining service level agreements.
• Demonstrate integrity and ethics in all activities.
• Respected and trusted professional within the organization.