• Treasury Account

    Job Locations US-CA-Yountville
    Job ID
    Regular Full-Time
  • Overview


    Treasury, Accounts Receivable and Collections, Credit Management, Intercompany Accounting, T&E follow-up, Incentives follow-up. Support in Cash-flow management.

     This role will implement best practices in the order to cash cycle to ensure the timeliness and accuracy of financial information


         TREASURY -  50%

    • Responsible for accurate maintenance of bank account balances, and bank and treasury systems. Identify all incoming and outgoing cash transactions daily and work closely with the Accounting Team to ensure all transactions are correctly coded and posted to the general ledger.
    • Challenge and upgrade the efficiency of Treasury processes: application of professional judgment is expected to streamline and optimize these processes with consideration of the impact across the finance department and the business.
    • Proactively communicate with management any potential risks as well as opportunities for improvement, and provide recommendations to management.
    • Responsible for creating, maintaining and communicating treasury policies and procedures, and ensuring internal controls are maintained and compliant with LVMH standards of internal control.
    • Manage Monthly Reconciliation of POS (point of Sales) and e-winery to SAP accounting system to ensure proper revenue recognition. Identify opportunities for improvement within this channel to reduce effort and ensure completeness and accuracy of data.
    • Report cash pool balances, reconcile to general ledger, and record interest.
    • Be responsible for implementing all group treasury solutions (Sapphire/Trax, Positive Pay, etc.)




    • Responsible for creating, maintaining and communicating policies and procedures related to Accounts Receivable and Collections and ensure processes are documented, and proper internal controls are followed
    • Responsible for creating all manual commercial and non-commercial invoicing.
    • Responsibility for applying all cash collections to commercial, non-commercial invoices or via manual journal entry. Manage accounts receivable collection within agreed terms per customer and minimize the need for bad debt reserves.   
    • Responsible for the tracking, recording, and reconciliation of sales commissions.
    • Responsible for the calculation and reporting of DSO information.


         GENERAL LEDGER – 20%


    • Responsible for monthly bank reconciliation process and ensure all reconciling items are identified and resolved in a timely manner.
    • Responsible for monthly reconciliation of intercompany balances (from automatic and non-commercial invoicing) with LVMH / MH group companies. Serve as primary contact for all intercompany reconciliations and responsible for reporting intercompany position with LVMH group companies globally for both DCC and Newton.
    • Responsible for periodic reconciliation of general ledger accounts related to non-group receivables, sales commissions, and interest.
    • Responsible for the preparation of journal entries related to Treasury (credit card fees, credit memos, etc…) and ensure that they are properly documented
    • Internal and external audit support
    • Responsible for follow-up and reconciliation of both T&Es and Incentives.



    • Highly skilled in Excel and data-crunch. Experience with large ERP systems (SAP preferred).
    • BS in Accounting. Two to five years Accounting experience required, winery industry or hospitality a plus.
    • Treasury experience a plus.Demonstrated experience identifying and resolving complex accounting issues within cross-functional teams.
    • Experience with articulating complex issues to management and recommending solutions.Strong verbal and written communication skills
    • Experienced in analyzing procedures and preparing documentation.
    • Experience in managing multiple priorities in a fast paced and demanding environment.
    • Experience in executing accounting closes with multiple deadlines in short periods of time.


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