KERING Treasurer - APAC

About Kering

Kering is a global, family-led luxury group, home to people whose passion and expertise nurture creative Houses across ready-to-wear and couture, leather goods, jewelry, eyewear and beauty: Gucci, Saint Laurent, Bottega Veneta, Balenciaga, McQueen, Brioni, Boucheron, Pomellato, DoDo, Qeelin, Ginori 1735, as well as Kering Eyewear and Kering Beaut. Inspired by their creative heritage, Kering's Houses design and craft exceptional products and experiences that reflect the Group's commitment to excellence, sustainability and culture. This vision is expressed in our signature: Creativity is our Legacy. In 2024, Kering employed 47,000 people and generated revenue of 17.2 billion.

Your opportunity

Reporting to the APAC Treasury and Payment manager, and thanks to your expertise and dynamism, you will be in charge of successfully managing financing, treasury, and payment topics for our activity in APAC (excluding China, Japan, and Korea) across all brands, liaising with the Group Payment manager and the Corporate Treasury team in Paris.

The position is based in the Kering Malaysia Shared Service Office in Petaling Jaya.

How you will contribute

Cash & Liquidity Management:

Compile liquidity forecast and analyse and monitor the liquidity position.

Handle and monitor the region cash pool and perform cash dispositioning via SAP.

Manage Internal and External loan applications and rollovers.

Cash Pooling and Interest Scale in-house posting and Bank system.

Banking Infrastructure:

Manage Banking Credit Facilities limits, ensure limits are sufficient to allocate to Brand.

Bank E-Banking Portal account administration, bank authorization and service set-up, manage user access and role.

Advisory and troubleshooting of bank account and payment-related topics.

Implement new bank account (BAM) and payment infrastructure and SWIFT connectivity.

Maintain bank account master data in BAM, create, modify, and close bank accounts when needed.

Manage Electronic Bank Statement (EBS), prompt action to solve if EBS is not received in SAP.

Liaise with the Brand and Internal Legal on the process of opening and closing external bank accounts and update the group banking database to ensure accurate capturing of local bank and BAM account data.

Bank Power of Attorney (POA):

Manage update bank signatories, liaise with Internal Legal, advise and assist Brand in the Power of Attorney (PoA) process.

Manage Board Resolution (BR), liaise with Bank Officers on the draft BR of confirmation proceed, and circulate to Board Directors.

Support all the required Bank documentation of updated Bank Signatories, including a Certified True Copy.

In-Store Payment:

Manage and coordinate Terminal new requests in store and new user store staff/ Kering OTC access

Manage Payment Link user access and termination.

Bank Guarantee:

Manage new and renewal of Bank Guarantee (BG), ensure the BG limit is sufficient to allocate.

Reconciliation BG records monthly, ensure accurate records, no duplicate BG earmark in Banking Facilities Limits, and Brand returns the expired/open-ended BG to Bank and uplift from liability and limits.

Inform Brand monthly of the BG utilisation and liaise with Brand if any BG limit matters.

Overarching Activities:

Ensure compliance with each local regulation and the Global standards process on the above topics.

Manage Treasury documentation and administration in accordance with standard processes and ensure compliance with global policy.

Continued process and solution optimization, and automated work process.

Ensure accurate record keeping, consistency and transparency of transactions.

Support internal control and audit for the above activities.

Job scope rotation in MY/ SG/ HK/ MO/ AU/ NZ/ TH/ VN/ PH/ IN/ TW, one head count in charge of 3 - 4 countries, depending on seniority level and experience.

Any additional operational tasks as assigned by the Regional Treasury and Payment Senior Manager.

Who you are

• Academic background: minimum bachelor's degree or equivalent experience in business administration, Accounting or Finance or Banking
• 3-5 years experience in Corporate Treasury, preferably in an MNC environment.
• Excellent communication skills and proficient in business English and Chinese, with the ability to articulate thoughts clearly, both written and verbal.
• Proactive and Effective in communication with Brand/Internal Legal team and Bank Officers.
• Good knowledge of Microsoft Office, experience in creating and using Microsoft Forms and Power Automate.
• A great teammate with a strong sense of ownership.
• Decent learning agility and analytical and problem-solving skills.
• Experienced user of bank portals and understands the flow.
• Inquisitive and reciprocal to other functions.
• Good understanding of information systems, workflows, and technologies in the workplace.
• Important behavioural traits which must be included are accountable, responsible, transparent, and reliable.
• Have a strong functional knowledge of treasury.
• Good business acumen and understands cross-functional interdependencies.
• Experience with a Diapason and Treasury knowledge of SAP is a plus, but not mandatory.
• Experience in handling regional stakeholders.
• Experience working with International Financial/Banking Institutions, and a thorough knowledge of Commercial Banking Practices, is an added advantage.

Why work with us

Kering is committed to building a diverse workforce. We believe diversity in all its forms gender, age, nationality, culture, religious beliefs and sexual orientation enriches the workplace. It opens up opportunities for people to express their talent, both individually and collectively and it helps foster our ability to adapt to a changing world. As an Equal Opportunity Employer, we welcome and consider applications from all qualified candidates, regardless of their background.

This is a fabulous opportunity to join the Kering adventure and to actively contribute to the development of the business by becoming part of a thriving Atelier in a global Luxury Group that offers endless possibilities to learn and grow. Talent development is a managerial principle at Kering, and we are committed to fostering internal mobility. Our common vision promotes leadership skills and helps every employee to reach their full potential in a stimulating and fulfilling workplace environment.