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Guerlain
- Treasury Manager & Internal Controller
Levallois-Perret
2009 - maintenant
Scope: Global coordination on worldwide subsidiaries and central treasury cash positions and procedures, FX Exposure , Cash-management follow up. Support LVMH Treasury in-house bank on providing rolling budgets over FX and Cash, project and policy implementation. Over a year ensuring Internal controller position.
- Elaborated Cash Plan and FX currency budgets
- Reporting and Guidance to CFO
- Bank relations and Financial fees optimisation
- Defined Guidelines providing the framework of standard treasury practices and controls to be implemented all throughout world subsidiaries.
- Participated on subsidiaries treasury organization creation, balance sheet restructuring and fiscal optimization schemes.
- Provided follow up and analysis of consolidated financial results.
- As internal controller: Fulfilled the LSF internal control self-assessment on Guerlain's activities, took over as SAP Global Key User, and reviewed the Procedure creation on T&E Policy, Supplier creation and update.
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Guerlain
- Treasury Manager
Levallois-Perret
2009 - maintenant
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Louis Vuitton de MEXICO S.A.
- Country Finance and Administration Manager
2007 - 2009
Scope: Financial responsibility over the biggest LV subsidiary in Lat-Am, providing half of the region revenue and profit.
- Prepared annual budgets,2 revisions and 3 year plan on respective monthly P&L, quarterly Balance-sheet and Cash flow statements (direct and indirect methods) up on aggressive 2 digit growth revenue targets. Driving on a two year period a progression on net sales and signficant EBIT growth following store openings and renovations.
- Granted enforcement of internal control policy through strict controls on receivables, inventory, bank reconciliations, and on correct application of store handbook guidelines and IT systems controls adequacy.
- Coordination of 5 member team on IT, internal control, accounting, tax, and reporting.
- Set up with GM weekly and monthly commercial targets and incentives to ensure country objectives fulfillment.
- Implemented the new L.V. worldwide online financial reporting management system, keeping track of monthly PNL, quarterly Balance sheet, Cash Flow Statement performance, forecasts, KPI and controls monitoring.
- Worked closely with functional logistic, store services managers achieving cost reduction initiatives and plans on import fees, warehouse costs and recovering repairs costs.
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Louis Vuitton
- Treasurer
Paris
2004 - 2007
Scope: In a 6 people team, responsible for overseen cash and FX performance over the fast growing LVMH fashion and leather goods including L.V., Fendi, Marc Jacobs, Celine, Pucci, Loewe and Berluti evolving from the coordination on the cash activities of L.V. subsidiaries worldwide and finally focusing on French treasury activities: Production/Logistics/Retail.
- Monitored monthly cash performance, explanations vs forecasts and financial terms control.
- Established and followed global L.V. foreign exchange risk budgets on commercial, financial and capital exposures.
- Forecasted P&L impact and sensibility analysis on currency variation over exposures and hedging portfolio valuation.
- Budgeting of monthly financial interest.
- Worldwide deployment and training on the direct cash forecasting, financial positions and conditions group intranet reporting system.
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LVMH
- Corporate Finance Financial Analyst
Paris
2000 - 2004
- Direction of Corporate Finance
Scope: Within 3 persons team managing long term financing structure in exclusivity in charge of equity, market shares operations and stake taking and divesture.
- Market trading, valuation on complex market financial products (Options, Convertibles, Earn out...), ISDA contract bank negotiation, hedging, carry cost minimization and tax and accounting optimization analysis and initiatives.
- Major investments/divestures market and closings executions Gucci,Fendi, Bouygues, Diageo...
- Company financial analysis and valuation reports on potential and current investments.
- Preparation of weekly CEO, CFO reporting and score card on group s share listed portfolio.
- Industry and competitors market intelligence: Scorecard on sales, profit and news analysis.
- Own shares: buy-back program management, formalization on financial services market-maker provider, ADR program management, convenience analysis and delisting.
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LVMH
- Project Manager - Treasury and Financing
Paris
1999 - 2000
Scope: In a 4 people ad-hoc Organization and System Project Unit, leading and coordinating specific operational needs with IT systems specialists providing support on adapting in-house banking systems for internal and worldwide subsidiary best of breed service and stream lining operations in a fast growing and complex treasury structure.
* Year 2000 global TFD project leader grating full compliance testing on LVMH DFT central Cash ,FX, Interest rate inhouse bank software and database systems.
* Implementation of the Interest rate software module allowing management of financial debt and interest rate hedging.
* Delivering validation, testing, reports, and required improvements on the deployment of the first online international Group Treasury bank conditions and cash positions intranet reporting.
* Central Software upgrades non-regression tests on new versions and functionalities granting Straight Through Processing from market trading, subsidiary FX op. mirroring, current accounts handling up to GL accounting entries generation.
* Preliminary analysis of a Data-warehouse aiming to facilitate and centralise Group treasury data retrieval and reportings.
* Definition of the process and systems target schemes applicable to the automatic cash pooling sweeping structures.
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LVMH
- Database Administrator - Treasury Back-office - Treasury and Financing
Paris
1998 - 1999
Scope: Provide functional support to users on central treasury information, tracking systems and improving operations.
* Euro migration steering committee member responsible for Back-office dpt. IT systems: planning, testing, migration routine definition.
* Implementation of foreign subsidiary FX exchange facilities.
* Assistance and support on analysis on day to day treasury back-office operations.
* Coordination on central databases providing consolidation on subsidiary FX budget figures, GL accounts systems.
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Crown Holdings
- Trainee
Philadelphia
1997 - 1998
CarnaudMetalBox ( Crown Cork & Seal) Paris, European Headquarters
* Trainee at CarnaudMetalBox European treasury dpt.
Scope: Under a highly leveraged structure, after and LBO from main competitor, a Back office Trainee in a European wide centralized cash and Fx management structure.
* Daily Cash Control operations and follow up, financial companies accounting, intragroup positions reporting....
